Tag: Business Plan

06Aug 2020 by Admin 6 Comments

e-Commerce Business Plan

In the very beginning of the planning stages, it’s a good idea to develop a framework for your business model. There are many ways to sell products online and different business models to pursue. The exact business model you follow will be one that makes the most sense with your resources, skills and interests. In order to create the best online business plan with your product in mind, you need to figure out the following things: What Are You Selling? Physical Products: Clothing, shoes, home goods and etc.Digital Products: Software as a Service products, e-courses, e-books and etc.Services: Consulting services, home cleaning and etc. Who Are You Selling To? Business to Business (B2B): You are selling to organizations, corporations, and non-profits rather than individual customersBusiness to Consumer (B2C): This means you are selling to individual consumers rather…

10Apr 2020 by Admin 4 Comments

Impact of COVID-19 on Indian Economy

Covid-19, Economy

Sources – KPMG, EY, Nomura, MoSPI India’s real GDP decelerated to its lowest in over 6 years in 3Q 2019-20, and the outbreak of COVID-19 posted new challenges. Government has taken steps to contain the spread, such as nationwide restrictions for 21 days and a complete lockdown of the states have bought all the economic activities to standstill barring the essential services. This has an impact on consumption and investments. While Indian businesses, barring a few sectors, can possibly insulate themselves from the global supply chain disruption caused by the outbreak due to lower reliance on intermediate imports, their export COVID-19 infected nations could take a hit. In sum, the three major contributors to GDP – private consumption, investments and external trade, will get affected. Three scenarios can be…

10Jul 2019 by Admin No Comments

The Bulb | An Analysis of Business Idea Validation

Start-Up

Introduction Everything starts with an idea and it depends on what you do with that idea, and what steps you take to turn your idea into a reality. Before we go into the details let’s define “What a business Idea means?” As there is no authentic definition of the idea, we can define it as under “A business Idea is a unique concept that can be used for solving problem(s) being faced by potential customers and may be used for financial gain.” Identification The best way to arrive at a good startup idea is not trying to think up new startup ideas – that would be the wrong way. The ideal way is to look for problems and needs, preferably problems and needs you have faced yourself. Alternatively, it could…

20Oct 2018 by Admin 14 Comments

Getting Started with a Limited Company

Start-Up

Dear Friend, Now days India experiencing boom in start-ups. Current Govt. is providing various facilities to new entrepreneurs to start and fund their ventures. A Private Limited Company is most preferred business structure for starting new venture. In this post we will discuss the advantage and characteristics of pvt ltd company, which make its best from other options:- Advantage of Pvt Ltd Company Separate Legal Entity: The shareholders and directors are separate from company. They are not liable for liability of company. Uninterrupted Existence: Since Shareholders/ directors are separate from company, hence company can exist even after the death of any/all shareholders/ directors. Free Transferable : Shares of a Pvt ltd company is free and easy as compared to proprietorship business. Ownership is separate from management : The Status of Directors and…

13May 2018 by Admin 22 Comments

18 Enablers of Startups

Start-Up

Building a Start-up is like throwing the ball at a distance target. The odd that you will hit the target will be higher is you know the correct direction to throw. While running a business most of the time we play blind. An enablers always come to rescue the start-ups at the time of such blind games. In general there are 18 enablers in startup environment which are grouped under 6 categories . Customers A customer is always looking for those products which haven't yet delivered. The size of market should match with the ability of startup to deliver the products. Unmet Need:- Best Opportunity come from helping the customers. Find a problem that is not yet solved, where the customer is in need, they do pay for solution. Right Size…

Tag: Business Plan

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