Quick Navigation

NUMISMATICS#1

The study or collection of currency, including coins, tokens, paper money, and related objects.

BUSINESS PLAN#2

A formal document outlining a business's goals, strategies, and financial projections, essential for securing funding.

MARKET RESEARCH#3

The process of gathering, analyzing, and interpreting information about a market, including customer preferences and competition.

SWOT ANALYSIS#4

A strategic planning tool that identifies Strengths, Weaknesses, Opportunities, and Threats related to a business.

INVENTORY MANAGEMENT#5

The process of ordering, storing, and using a company's inventory, crucial for maintaining stock levels.

SUPPLIERS#6

Entities that provide goods or services to a business; finding reliable suppliers is key in coin dealerships.

TARGET MARKET#7

A specific group of consumers at which a company aims its products and services.

UNIQUE SELLING PROPOSITION (USP)#8

A marketing concept that highlights what makes a business or product unique compared to competitors.

FINANCIAL PROJECTIONS#9

Estimates of future revenues and expenses, used to assess the viability of a business plan.

CASH FLOW MANAGEMENT#10

Monitoring and analyzing cash inflow and outflow to ensure a company can meet its obligations.

MARKETING STRATEGY#11

A plan that outlines how a business will reach its target market and achieve its marketing goals.

COMPETITOR ANALYSIS#12

Researching competitors to understand their strengths and weaknesses, informing strategic decisions.

STOCK REPLENISHMENT#13

The process of restocking inventory to meet demand and avoid shortages.

EXECUTIVE SUMMARY#14

A brief overview of a business plan, summarizing the key points for investors.

LOGISTICS#15

The detailed coordination of complex operations involving people, facilities, and supplies.

CUSTOMER SERVICE#16

Support offered to customers before, during, and after purchasing products or services.

MARKETING MATERIALS#17

Promotional content like brochures, flyers, and online ads used to attract customers.

BREAK-EVEN ANALYSIS#18

The calculation of the sales volume needed to cover costs, indicating when a business will become profitable.

ONLINE RESEARCH TOOLS#19

Digital platforms and software used to gather data and insights for market research.

INTEGRATED MARKETING PLAN#20

A comprehensive approach that combines multiple marketing channels to deliver a consistent message.

FINANCIAL SUMMARY#21

A concise overview of a business's financial status, including key figures and projections.

OPERATIONAL PLAN#22

A detailed plan outlining how a business will operate on a day-to-day basis, including processes and staffing.

LAUNCH EVENT#23

A planned occasion to introduce a new business or product to the market, often involving promotions.

PEER REVIEW#24

A process where colleagues evaluate each other's work to provide feedback and enhance quality.

MARKETING CAMPAIGN#25

A coordinated series of steps aimed at promoting a product or service over a specific period.