Craig Said:

importance of business cases?

We Answered:

When developing a strong business case you need to establish a few things to justify the expense or undertaking:
1. Is there a strong ROI (return on investment) that will be a good sell to the investors or stockholders? In other words, if the money is expended will the project pay itself back in a reasonable period of time (with most companies this is two to five years)?
2. Is there a quality or safety element to the project - both of these ultimately come back to costs too, but they are not as direct as a true ROI. It is tough to quantify quality and safety. Safety can be done to a degree with the workers comp. premiums, but quality can be really tough. How much is each customer complaint or claim worth? What is a company's reputation worth?
3. Is it the right thing to do? Is it in keeping with the company's overall strategy?
All of these are a few elements of many, but what you have to ask yourself in determining the WHY'S of why it is important is this? If you were putting out your money or resources wouldn't you want something back for it? There are no guarantee's with most projects, but working through the justifications should tell you whether or not it is something that should be done. The rest is just putting it to paper. Good luck!

Don Said:

Are there any books for Beer Marketing or Business Development for Beer Industry?

We Answered:

Hello. Unfortunately the liquor industry is a highly controlled industry in India. I was doing a project along the same lines with Stan C for my summers. You would have to use some contact and request for the information from the Central Excise Dept at Fort Mumbai.

But that was in 2005 - 06, i dont know if the Govt has got more liberal with info sharing now.

I had done a entry strategy for foreign beer brands such as Sab Miller PLC and Cobra Beer. It was good Fun although i am a tee-tottler. !

All the best

Lena Said:

What are the necessary things do I need to have before starting a business website?

We Answered:

Staff that are I.T. pros then the rest will follow have faith

Terri Said:

What are your thoughts on this Business to Business Marketing case scenario?

We Answered:

Here's how I would approach the situation:
1) Have Maverick's Engineering Dept. do a detailed analysis to show Bluejay how Maverick's strong design and production capabilities match that of Bluejay's needs.

2) The fact that Bluejay's client needs JIT means Maverick's inventory shortage is less of an issue because Bluejay's products will be "made to order" anyway. In fact, I would capitalize on Maverick's strong reputation in production capability to show Bluejay that JIT is Maverick's strong suit.

3) I would also invite an existing client for whom Maverick is doing the JIT process and do a PR event. The fact that Bluejay's new product is catching national attention means my existing client will be more inclined to help because it may help them sell to Bluejay also. The PR event may help Maverick's existing client sell to other clients even if they are not able to sell to Bluejay directly.

Enrique Said:

what is the exact role of business development executive in IT firm?

We Answered:

what does that mean? If he is fresher? As opposed to being stale like old food? I don't understand your follow up comment but biz dev in any department is responsible to conjur up new businesses, scout prospects. So obviously an IT BD Exec would manage BD Directors/VP's or Managers responsible for prospecting clients to work with IT as a vendor or customer for the various projects IT is scheduled to launch or develop

Jerry Said:

Second only to the sole proprietorship, the partnership is among the oldest of business entities to develop.?

We Answered:

One big advantage of a general partnership is that you don't have to register with your state and pay an often hefty fee, as you do to establish a corporation or limited liability company. And because a general partnership is normally a " pass through" tax entity (the partners, not the partnership, are taxed unless you specifically elect to be taxed like a corporation) filing income tax returns is easy. Unlike a regular corporation, there is no need to file separate tax returns for the corporate entity and its owners. But given that the business-related acts of one partner legally bind all others, it is essential that you go into business with a partner or partners you completely trust. It is also essential that you prepare a written partnership agreement establishing, among other things, each partner's share of profits or losses, day-to-day duties and what happens if one partner dies or retires.

A major disadvantage of doing business as a general partnership is that all partners are personally liable for business debts and liabilities (for example, a judgment in a lawsuit). While it's true that a good insurance policy can do much to reduce lawsuit worries and that many small, savvy businesses don't have debt problems, it's also true that businesses which face significant risks in either of these areas should probably organize themselves as a corporation or LLC.