Apr 30, 2022
In General Discussions
Assumptions are very damaging, especially at a time when the hit rate must be high to stand out in such a competitive market. Before making Business Email List decision, you will not “guess” that the term is X or Y. You will do a calculation to identify a period that really makes sense. Imagine how many mistakes can be made from a wrong Business Email List assumption. A series of detrimental decisions can be triggered for your business, resulting in the loss of resources and, in more serious cases, even the closure of a company. If you set up thinking about having an ROI in two years, but it happens in four years, there are many variables that need to Business Email List change. If the budget hasn't been planned to wait that long, the entire business may not survive. The same happens with the purchase of a solution that can have a result much later than what your company needs. identify Business Email List solutions The calculation of the term and ROI ratios also help your company find the Business Email List solutions it needs to obtain the best results. Not only is it necessary to make assumptions, but your team can also identify which are the points that need to be improved to achieve the objectives. A longer time to achieve Business Email List financial profitability may imply operational changes. Let's take an example: a team responsible for the Digital Marketing of a company needs a CRM tool for better lead generation, but the deadline to get the return is very high. The team can then devise parallel strategies that help Business Email List accelerate that return. In this way, the tool will generate a positive impact as soon as possible. What are the points of attention when using this calculation? In addition to the many benefits offered by term and ROI ratios, it is Business Email List important to be careful when using this metric. incorrect assumptions The cash flow assessment is critical to making the calculation, but what if it's wrong? What if the mistake is made even before using the formula? The result will be completely different and can mess up your planning. Therefore, it is Business Email List essential to use numbers that are closer to reality, always from a technical basis. For a franchise, for example, you can use the performance of other franchisees as a comparison to get a more accurate number. In addition, it is necessary to take into account what problems may arise along the way. What if one of the purchased tools cannot be easily integrated into your company's Business Email List system? This could mean more time.