Month: April 2021

How to Write your Business Plan – Step-by-Step Guide

Small Enterprise India

Though business strategies alter in terms of scope and length, every successful business strategies contain common components. The strategy must take into account your specific business along with its environment. Below are certain sections that you can include in your business strategy: 1. Executive Summary The executive summary is a sketch of the main points incorporated in your business strategy and is mostly contemplated as the most essential section. It is generally the first division that a potential lender or investor will read, and can be the only division to…

A Complete Guide to Choose Right Business Model for your Start-Up

Small Enterprise India

Is becoming an entrepreneur your dream? Are you flooded with business ideas? Are you passionate about starting your own business? Then hold on, and think once again. In this competitive world, where about 100 million start-ups launch every year, make sure your business idea fits in the market. The ultimate aim of any business is to generate revenue. The foremost step to be kept in mind before initiating a start-up should be a well-planned business model that provides an overview of your efforts and expectations. Wondering! What exactly a Business…

Role of Customer Service in B2B Business Model

Small Enterprise India

Out of many businesses around us B2B suppliers and companies are the ones on which most of the market depends. The sale approach and marketing strategy of these businesses are very different from that of B2C businesses. Customer service brings exceptional value to the business. There should be a desired need in companies to provide effective customer services. In this article, you will learn how customer service and support services are important in B2B businesses. Before this, it is very important to know what B2B business means. What is B2B…

Success Story of Hotfoot – Simplifying loan lending process for Loan Aggregators

Small Enterprise India

We had a candid interview with Mr. Vivek Naidu, CEO and founder of Hotfoot. Vivek is the Founder & CEO of Hotfoot Technology Solutions Pvt. Ltd, a new-age FinTech / Credit Tech Platform that provides optimum end-to-end business solutions to Financial Institutions.  He has done his Master’s in Financial Management. Being born in a business family largely laid the foundation for his current business outlook that the business must be customer-centric to be able to survive.  As a first-generation entrepreneur, a vision to transform the way people avail loans led him to…

5 Causes Women in Ecommerce Should Stand for Each Other

Small Enterprise India

Female entrepreneurs are continuously making their space in the world of business by accepting new challenges each day and are achieving great success. As per the non-profit corporation Catalyst, females hold at most 6 percent of CEO posts in the S&P 500. However, that percentage bounces considerably when we look at eCommerce, as Amazon data firm Jungle Scout reports that 32 percent of the sellers are females. Yet even this data discloses a gender gap in business. Females have hurdles that are different from their male equivalents while managing an eCommerce business. And getting the proper support…

Aspire Media launches Small Enterprise USA Portal

Small Enterprise India

Connecticut, 21 April 2021: Aspire Media, one of the fastest-growing publication houses, and entrepreneurship media, has expanded its services to the US with the advent of Small Enterprise USA (www.smallenterpriseusa.com), a portal for American entrepreneurs. The portal will strive to educate SMBs through insightful content, webinars, and masterclasses. Our weekly newsletters will help enlighten entrepreneurs to venture into and promote their business seamlessly. There are over 30.7 Million Small Businesses in the U.S. which account for 99.9 percent of all U.S. Small businesses (SBA, 2019). According to the Small Business…

How to Generate Finest Business Ideas

Small Enterprise India

Before worrying about getting investors for your business or building a business plan, it is vital to focus on a solid business idea. If you want to start a new business or grow an existing establishment, then you don’t just need money but ideas also. To develop a successful enterprise, it is vital to focus on the concept of the business. Such an establishment that is built on a solid idea will thrive. Thus, the process of building an idea is extremely crucial as this is what the future of…

Business Sustainability through Collaboration and Partnership

Dr. Kiran Kumari Patil

Doing everything yourself can be tempting in the beginning when funds are few and ambitions high. While there’s nothing wrong with a hands-on approach, taking on more than you can handle, especially in areas where you lack experience, can be damaging. Sustainable growth is among the biggest challenges any business leader faces, but it isn’t a problem if we find right partners to collaborate with. Collaboration is one of the keys for unlocking sustainability. No single organization or sector has the knowledge or resources to “go it alone.” Leaders from…

How to Follow up and Close a Deal

Mamta Sharma

In case the sales appointment has been successful and the customer is found to be interested, closing the deal could be easy. Besides, eventually, you may understand that the customer is doubtful to ever affirm a deal. Nevertheless, at times the customer is not sure or maybe doubtful about making a big order. This can be understood, as they might not have been familiar with your service or product before. In such a situation, using certain closing methods might help them make the right decision. After the client has signed…

Small to BIG – Challenges of Growth in the Franchising Sector

Chackochen Mathai

This article is written from a practical point of view from close quarters seeing many franchising companies which grew from small to Big and how some of them crashed and some of them thrived even in this pandemic and how mind sets of organisations need to change from time to time based on the technological changes and advancement and how these technologies can help garner great growth and penetration with out much human intervention and still remain process driven which will help companies to grow their business from small to…

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