|CEO & Founder @ Rai...ย โขย 1y
Here are the key steps to effectively provide these services and consider financial aspects: 1. Service Delivery Method: Choose between video lectures, live sessions, or other formats. 2. Cost Calculation: - Server Costs: Account for storage, bandwidth, and scalability. - Developer and Maintenance Costs: Include salaries, updates, and support. 3. Financial Planning: - Monthly Burn Rate: Assess monthly expenses. - Pricing Strategy: Ensure competitive and sustainable pricing. 4. Forecasting and Funding: - Realistic Forecasting: Prepare for deviations from forecasts. - Contingency Funds: Maintain extra funds for unforeseen expenses. 5. Additional Considerations: - Market Analysis: Research customer needs and competition. - Scalability: Ensure infrastructure can grow with demand. - Quality Assurance: Invest in maintaining high standards. - Customer Support: Set up robust support for queries and issues.
Experienced Financia...ย โขย 1y
Budgeting vs. Forecasting: Key Differences & Why Both Matter Budgeting involves setting a fixed financial plan for a specific period, guiding resource allocation and setting targets. Itโs static and used to measure performance. Forecasting predicts
See MoreGareeb Investorย โขย 1y
๐ฆพAI model training comes with significant costs. This chart highlights the estimated expenses for training top AI models like Googleโs Gemini 1 and OpenAIโs ChatGPT-4 in 2023. These costs, calculated using both cloud computing and amortized hardware
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Busy in creating typ...ย โขย 11m
#9TDAYVC-DAY-12 ๐ฏTypes of Expenses for VC? ๐ฏWhat is a Self-Managed Fund? ๐ฏOrganisational Expenses: These are costs for VC Funds which includes such as Incorporation Costs, Statutory Compliance Cost of the Funds, Placement Commissions, Distri
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Financial Planning for One Client Age :- 34 Salary In Hand :- 1.8L Expenses :- 85-95K ( Including EMI ) Advised him to invest in 60K in Mutual Funds and 20K in Gold Funds . Going to increase SIP by 10% Every Year Amount after 15 Year in MF :-
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๐ The Role of Financial Strategy in Business Growth Managing a business involves countless decisionsโbudgeting, fundraising, compliance, and financial planning. One common challenge Iโve observed is that many startups and SMEs struggle with financi
See MoreExperienced Financia...ย โขย 1y
Financial Analysis: The Espresso Shot for Your Business! โ๐ Just like a strong cup of coffee, financial analysis gives your business the boost it needs! It helps you spot where profits are brewing โ, where costs are too bitter, and keeps your cash
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