From the first stepping stone to its entire life span, a business faces different types and amount of risks. These factors could be the real deal breaker and can harm the business extensively. Business insurance plays an important role in guarding a business’s future against losses. It protects your business’s assets, income and property from liability that may occur during the operation of a business due to unseen incidents. Business insurance saves your business’s future by minimalizing or eliminating financial loss. In a layman language, often referred to as commercial…
Category: Business
Sales Tools every Business must have
Running a business has never been a child’s play but the evolving technology and growing reach of the internet and virtual world has made it more complex. It’s equally true that every successful business has a common objective and mindset. They must be well structured, fast and scalable. They have to be competitive, hungry to grow and eager to learn. It’s particularly true for startups and small businesses that focus on B2B sales. But achieving success in business without relying on certain sales tools is not possible. Here are some…
Virtualization and Small Business
There’s this small business. Trying to face the challenges and establish its name in the world. It’s getting there. Slowly and steadily. Do you know what it needs right now? Technological resolutions. Remember back when you had to invent new games to entertain yourself? You would just do things; You just ran around the playground; You built sand castles, played hide and seek, asked silly questions, searched for the brightest star and pretended to be a scientist. You need that curiosity and invention in your business also. Technological inventions are…
Six Tips To Run a Successful Startup
With a new buzz and initiatives taken by the Indian Government like “Make in India” and “Start-up India” India’s start-up scenario over the last decade has been in the limelight in recent years. These initiatives gave birth to several investors, start-ups, and accelerators, to support and promote an individual’s entrepreneurial journey. All these activities have resulted in a decent boom in the start-up culture and an entire eco-system in India. So, what’s triggering this ever-changing start-up eco-system? It is, of course, the sudden cultural shift that inspires an individual to…
An “Eggstravaganza” for Egg Lovers
It is the age of start-ups and entrepreneurship. New restaurants and food chains are innovating to get a foothold in the F&B industry and Eggsplore is a great example of food-innovation. Serving a variety of delicious and innovative dishes with eggs as the main ingredient, Eggsplore is a treat to food lovers, especially egg lovers. This fast-food chain started its journey in 2017 and has seen immense success in a short period. However, every business has its ups and downs. Here is Chandresh Kothari, a co-founder of Eggsplore, talking about…
Technology as Business Enabler for SME
Our passion for technological innovation has led to a phenomenal change in the world of business since its inception during the Industrial Revolution. Thanks to the Internet, the business world has unimaginably revolutionized in the past few decades. Innumerable companies have progressed at a rapid scale to grow from tiny startups to world-leading giants. Telecom giant ‘Nokia’ that once sold rubber boots grew to become the world’s number one in mobile phone retail. The world-renowned company ‘Shell’ embraced technology to see exponential growth from its humble beginnings as a shop…
Can Blockchain Prove Beneficial to Small Businesses?
Blockchain, a popular term among current businesses, has shown an increase of 250% in Google searches in the last one year. The US Government had a discussion on its most popular application of cryptocurrency recently. Several companies have shown interest in it and have listed it against their company’s name. The electronics giant, Samsung, from South Korea, has again taken the limelight on June 20th, 2018 by announcing in a press release, the implementation of blockchain for logistics management. Samsung SDS is the IT subsidiary of Samsung whose brainchild is…
How to Choose a Growth Strategy for Your Small Business
The history of small businesses that grew into giant enterprises is well-documented. Here are a few examples to consider: in 1977, Anita Roddick took a GBP 6,800 bank loan and began selling skincare products made by her and her daughters at home using natural ingredients. This was her first “The Body Shop” store. Today, The Body Shop has stores all over the world, and its popular products are all the rage among women across different age groups. Twelve years before Roddick started her enterprise, in 1965, Fred DeLuca opened “Pete’s…
How do You Overcome the Challenges in the Growth of Your Business?
Swift year-over-year growth is every entrepreneur’s dream. Ideas into plans, plans into products and products into the market; you dream big every single day. But, let’s be realistic here. Most of the time, the growth of business comes with strategic challenges. Some entrepreneurs struggle with meeting the obstacles in the growth of their businesses. You may have to cut some slack, because some of these challenges are so daunting that they can push a company off the rails. Let’s look at some solutions to these challenges, because after all, the…