So you got your big business idea. You’re ready to start the business, and this will be the year for you. You’ll no longer make delays. But what’s the first step you should take after identifying your business idea? You have to determine your target audience and find out what they expect from a business like the one you intend to start. Let’s say you plan to become a … [Read more...]
5 Questions Your Business Plan Should Answer
Entrepreneurship is great when it comes off. All the success stories, glamour, and money look so bedazzling that your entrepreneurial aspirations brighten up even more than they were previously. We all know that running a business is hard and requires lots of persistence and dedication to pull an idea off successfully but there is something before that which you need to address … [Read more...]
Top 7 Business Trends In Home Appliances Industry
With the advent of technology, many big brands came in the market with their latest featured products from mobile phones to cars. So, home appliances are no exception to this. If we look into the home appliances category, phenomenal changes for big appliances like refrigerator, microwave oven, or dishwasher came in the past decade. The good thing about the advancements is that … [Read more...]
7 Productivity Habits of Successful Startup Founders
Topic Highlight: Our habits determine the quality of our lives, and so we shouldn’t skimp on the quality of our habits. If you developed some of these habits yourself, it shouldn’t come as a surprise if you got some of the same success as the entrepreneurs behind them. Let’s face it. Entrepreneurship isn’t something you do if you’re faint-hearted. You have to walk the unbeaten … [Read more...]
5 Reasons Why Food Delivery Businesses Sometimes Fail
The industry of food deliveries or the so-called ‘e-restaurants’ has been avidly popular in accordance with the rise of the internet. It was in the early 1990s when Pizza Hut opened its first ever online food ordering system. It was followed by several online delivery services such as World Wide Waiter, WebVan, Home Grocer, and GrubHub in 2005. After these names, more and … [Read more...]
How Car Wash Businesses Can Go Green
Many companies around the world are increasingly adopting sustainable business practices to become more eco-friendly. The car wash industry is one of the fastest growing economic sectors, with continued growth expected over the next decade. Considering that car wash systems rely on vital resources like water and power that both have an environmental impact, seeking out viable … [Read more...]
2 Reasons Why Finomena Startup Failed
Nobody ever wants to fail in his or her life. In fact, everyone desires to be more successful, but that doesn't happen all the time. Finomena which was established by Riddhi Mittal and Abhishek Garg in 2015 as a platform to help Indian borrowers particularly those with low creditworthiness avail small loans for buying electronic devices such as laptops, smartphones etc. One … [Read more...]
7 Best Tips for Starting a Successful Business
Here are some of the best tips for launching your own successful business: Start With An Idea And Make A Plan Before you start a company or a business you should have a clear idea of what that company or business is going to be. To make sure that you have a fully-formed idea, write your business plan before you go ahead with anything else. This will prevent you from wasting … [Read more...]
7 Tips for Choosing a Good Business Name
Highlight: Growth and progress of any business primarily depend on major factors like hard work, business planning, capital management, etc. But there are few small factors also that can play their part in making or destroying any business. One such aspect is naming a business. It seems that identity produces a small impact on a company’s growth. But in fact, a wrongly … [Read more...]
Top 10 Essential Qualities of an Entrepreneur
Entrepreneurship isn't in the destiny of everyone. In fact, it is a fearsome ship sailed by those who are passionate and ready to sacrifice everything they have to bring transformation to our societies. They aren't afraid of sailing in a story ocean one hand while on the other hand, they affect our lives in one or the other way positively. While everyone out there would testify … [Read more...]