Wednesday, 14 September 2016

Originally posted as "Financial Planning Tip November 23, 2015 - 003 Market Entrants ~ "

"The concepts of entrants into the market may be covered under Management and Strategy or Marketing.  In some instances a market may be a physical location or it may be accessed online..

While the creation of online markets and accessing same may challenge current thinking in terms of the phrasing of the laws, the movement or non movement of cash and or the physical location of the person  may be a determining factor in the taxation of transactions in markets.

If one is evaluating the concepts of entrants into the market, one may look at the theories which are covered in the study of  "economics" with respect to entering a market. Some of these theories may cover actual needs  such as infrastructure, equipment which is required to produce items in the short term and in the medium term, factors which may be held constant over a period of time and one  may be required to use the terms which are covered in their course work.

Thus many persons may be familiar with Porter's Five Forces and may have learnt to use the concepts in Business Plans or other documents to document their understanding of risks. Here is a link to Mind Tools for those who are interested in learning more about the Five Concepts covered under Porter's Five Forces."

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