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#Bcg matrix template how to#

In this situation a defense is build against competitors in the market. The amount of profit earned is usually less.

Dogs: it contain the product with low market share in a slow growing market.

It may come in the category of star in the near future. Don’t try to expand the business in this situation by further investment because market growth rate is low at this time. This type of product earns great profit and saves funds for the future use.

Cash Cow: it contain the products with high market share and low growth rate.

To analyze all this In BCG matrix template products are sorted into four categories What measure you should take to keep your business safe and what decision should be made to keep the business safe from any down fall. If your product is healthful for the growth of your business or is it taking the business towards the loss. It gives you all the information, is your business progressing or having a down fall.

#Bcg matrix template how to#

How To Analyze A Project Through BCG Matrix TemplateĪ project is analyze in best way by using BCG template. Greater the market growth of the product greater will be the earning from that product but you have to invest more for maintaining the production of that product and for fulfilling its requirement. Relative Market Growth can be plot along vertical axis. Greater the market share greater will be the cash generated and your business get more successful. Relative Market Share can be plot along the horizontal axis. In BCG template two variables are plot along two axis, use in project management.

Gives you the right guidance for handling your business in an appropriate way.

Allows you have strategic planning for the management of your business.

Its also gives the directions for better decision making.

this template allow you to analyses business portfolio for the betterment of future.

It is user friendly template, very simple to understand.It guides you about the decision that in which bran your firm should invest for its better future. It allows you to make best decisions for your business to make it successful in every way possible. This is also helpful in analyzing the portfolio of a business.

Related Article: Business Management PlanīCG matrix template excel is useful for making a successful strategy and planning for your business. The classification is because of the competition that a product has to face in the market for resources. This template is user friendly, very easy to use and understand and is use to categorize your product on the bases of its potential and value in the market. BCG matrix template also known as Boston matrix or growth share matrix, is very effective tool for analyzing the energy of the product to make its space in market as well as increase the growth of your business.