Business events are probably the most important and beneficial parties that you have to end up organizing at some point or the other. Even though they may seem like a cost you can certainly ignore or not decide on investing at all, they are in fact a part of running a business. So making sure that you plan worthy ones is needed specially to make sure that you earn what you expect from hosting such events and here are some tips you could use when doing so.
Find your purpose
Every event needs to have a purpose. it is only if you have such a purpose clearly identified that you would be able to get what you want through such events at the end. Finding this purpose beforehand also helps in planning an event that matches it and those that you plan on inviting for it. therefore, before you start contemplating on the function room hire that you should be booking and those you should be hiring for catering, first focus on finding the reason to host such an event. Is it to market your product on a larger scale by getting mainstream media involved or is it to earn the trust of potential investors or to sell slow moving products? Ask yourself these questions and find the answers for them to plan the perfect events.
Set the timing right
Events should also be planned in the perfect times to achieved the required outcomes from it. For an example, if you are trying to start a new project that requires billions of dollars when the economy is doing really bad and the inflation is high, there is no way you would be able to get a single penny. On the other hand, if your business has been getting a lot of negative attention hosting events to interest people to invest in you is another example of bad timing. So, planning events at the right time is just as important finding complete function hire.
Set up a team
To host a successful event, you need to have a successful team that would be able to focus on every little thing to make sure every little detail is as perfect as it could be. Setting up a team especially for this would also ensure that while the rest of the team works on the day to day business operations, the event team could focus completely on hosting one successful event. However, do make sure that you select the right people to form this team, only then would you be able to be assured of a successful outcome.
Everything in the business world some how dies down to cost and profit. To be able to get a worthy return on investment you need to first be smart about how much you invest on it. This logic also applies to hosting business events as well. So before you decide on anything else, you need to first start off with identifying the scale of the event that you plan on hosting and a budget that is able to accommodate this. Doing so, would certainly make sure that you invest smartly on just about anything! So take the above tips in to account and plan your business event in ease today!
A2 Milk Company has seen significant growth in the last decade. A2 Milk company products include Fresh Milk Brand known “a2 Milk” and they also have premium infant milk formula names “a2 Platinum”. A2 Milk Company claims that they produce the products which are free of A1 protein. A1 protein causes adverse effects on the stomach, especially if a person is lactose intolerant then A1 protein can cause bloating or in some cases, diarrhea.
A2 milk company financial performance is also impressive for two years in a row. The company has marked double-figure growth in terms of revenues and earnings in the last two year. These impressive results also reflect in the A2 milk share price. The share prices have soared in the last year up which results in significant earning for shareholders.
In the Australian Stock Exchange (ASX), the price is of A2 Milk share price is AUD 13.85 as of 28th June 2019. At the start of the year 2019, the A2 milk share price was AUD 10.50 on 2nd January 2019. After the results of the FY 2018 published, the share price has seen a remarkable increase up to AUD 15.96 till 20th April 2019. After April 2019, the share price has come across a slight downward trend and the midyear closing price for a share is AUD 13.85. The Financial highlights of the FY 2018 is noteworthy like
- Total Revenue of A2 Milk is $ 922.7 million; 68% increase over the prior corresponding period i.e. the FY 2017
- EBITDA (Earnings before interest, tax, depreciation, and amortization) of $ 283 million; 101% increase on the prior corresponding period
- EBITDA to Sales Margin is 30.7% million. An increase of 25.7%
- Net Profit after Taxation is 195.7 Million; An increase of 116% from the previous period
- Basic Earnings per Share (EPS) is 27.0 cents per share; EPS for the previous period was 12.7 cents per share
- Operating cash flow is $231.1 million; A hike of 131% from previous results
These are the financial performance highlights, showing the growth trajectory of the company’s products
The other significant market indicators are as follows;
- 32% share in infant nutrition in Australia and a 5% share in the same category for China
- Product availability in 16,000 stores across China and USA
- 8.5% of revenue invest in Research & development, marketing, and intellectual property
The financial numbers and market presence of A2 milk products showing an astonishing increase of customer base in multiples countries. The investment in intellectual property is paying off and people are recognizing the importance of milk formula offered by A2 (i.e. A1 protein-free Milk). This gave A2 first-mover advantage and they are dominating the category. The result of First Half of the FY 2019 is also promising and A2 has witnessed the growth of 42%. This shows the customer’s confidence in the product’s quality and exclusivity.
Following these financial numbers and customer trust in the brands. A2 share price seems to be a profitable venture for their existing or new shareholders.