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IMEX Small Business Calculators
Due to popular demand, I recently published two different ‘Export Readiness Test’ surveys to help small business owners to decide whether exporting is a right alternative for them, especially in this time of economic uncertainty.
Alongside these surveys, I have included 3 different types of calculators to help exporters to take a hard look at the sales performance of their company. You can preview them here:
(a) Sales Growth Calculator
This calculator helps exporters to find out whether domestic sales of their company’s product/service have grown over the past 3 years (average per year). Whether your company’s sales growth kept getting stronger and stronger or its getting sluggish, you can possibly use exporting as an advantage if you have done your market research.
Try out the sales growth calculator yourself!
(b) Market Share Calculator
This calculator helps exporters to determine the market share of their company’s product/service in the domestic market. You should always ask yourself, ‘Is your business competitive enough to appeal to your ideal customer profile?’
Try out the market share calculator yourself!
(c) Sales Margin Percentage Calculators
This calculator helps exporters to decide how competitive would they price their products in foreign markets to sell at a profit. As mark-up margin does not equal to profit margin, it is important to understand the difference to stay competitive and profitable.
Try out the sales margin percentage calculator yourself!
If you think you can calculate these formulas on the fly, why not download these free formula calculators from here or here, set the right sales numbers for your business, then set a plan to hit your sales target as a 2010 new year resolution?
When you are ready, you can go through the export readiness self assessments again, and look back at how much you have achieve to build a remarkable company or product.
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