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    Thread: How to analyze and value seasonal businesses?

    1. #11
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      There are several analyzes of seasonal businesses that you might run.

      Market analysis

      This market analysis is very important. Who do you sell your product for? Is the market middle to upper class or lower middle class? Please take your account very carefully. If you look at a business for middle to upper class, of course your type of business is a type that prioritizes quality. The upper class will not want to buy cheap products like those used in the lower class. So if you are aiming for a high-end market, your focus is on how to provide the best product possible. If you want to open a food business, then the quality of the food must be absolutely guaranteed. The guarantee can be in terms of taste, also in terms of packaging.

      Make a turnover target

      Well, after analyzing the market and determining the type of business that you will start, now make a turnover target that you will get. It could be that the turnover will be very large. It all depends on your tenacity. If you are resilient and want to keep trying to develop your product, then that big turnover is not something that is far above wishful thinking. In addition, by determining your target you will be more motivated at work. You could reach a target of up to tens of millions of rupiah. but after setting a target, you also have to compensate by determining what steps you will take to reach that target. Well, this is the challenge. Because you will only run this business in certain seasons, then you should arrange it in such a way about the marketing plan.

      Determine future plans

      Even though this is a seasonal business, you also need to determine your future plans. Will this business be continued in other seasons? Or do you want to change your business from a seasonal business to a more permanent business? All that depends on your intention. Well, for this one thing, we suggest that you analyze the market carefully. Approximately what the market wants from the product you are selling. If the market is well received about your product, your next task is to make a long-term analysis to develop the product. That way, your business will not be interrupted in just one season.

      Conclusion

      That's the analysis you have to do to run a seasonal business. Because this type of business is short-lived, therefore, you should look at other types of businesses afterwards. Well, please see which market share is right for a seasonal business. After that, you can arrange the initial plan by preparing capital first. That is what we can say. Hopefully it will be useful for all readers. Please try a small business with small capital first before venturing into a larger business.


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    3. #12
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      Default Re: How to analyze and value seasonal businesses?

      By analyzing the time category is a statistical method that deals with time series or trend analysis data and helps to know how the assets, bonds or economic situation change over time and can be used to study how the changes associated with the selected data point are compared to the other variables during the same period Time.

      The time category analysis aims to identify patterns in trends in interrelated data, seasonal changes, understanding and modeling of data, forecasting short-term trends from previous patterns, as well as intervention analysis and quality control.


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      Default Re: How to analyze and value seasonal businesses?

      Work is seasonal if temporary work is performed at a specific time of year. A fixed-term activity such as agriculture and tourism.
      Let me talk about the work in agriculture where the work in agriculture needs to study the plant species and choose from them that corresponds to the current season. For example, in my country, the grape harvest season is June and July, so you can not try to grow grapes and harvest fruits in other months. You must start your agricultural plan, prepare the land and put the seeds in order to reach ripe fruits and ready to harvest and sell in June and July.
      Also if you are working in the field of tourism you must have a good analysis of the events that come tourists to follow them. Or the best times to travel to a certain country so you can set yourself travel plans that attract travelers through your tourism company.


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      Default Re: How to analyze and value seasonal businesses?

      A seasonal business can be very challenging and at the same time pretty profitable too, when someone is trading a commodity that has season, there are some things he should have factored into the equation, take an instance of someone that wishes to sell winter clothes, it is during the summer that he will he expected to stock up his goods so that he can buy them cheaper, that is the normal thing to do.

      In order to accurately assess the value of a seasonal business, we should calculate the average between the peak periods where sales is the highest and also take an average of activities are at the lowest ebb, this is what we need to analyze the value of a seasonal business properly.


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