Before we dive too deep to figure out revenue growth management ways, make it clear that not all your revenue has to come from the products/ services one offers. There are unconventional ways of generating revenue that can help out as well. Automation improves business processes in any company and helps them become more productive, […]
Conflicts occur where there is disagreement. Additionally, from a business perspective, we can say conflict is a direct result of two businesses wanting to have different versions of success. It generally occurs due to unclear communication, quick changes, misaligned expectations, and unfamiliar processes. Furthermore, it can bring your business to the point of failure if […]
The sudden outbreak of Covid-19 in 2020 brought a major setback on the livelihood of people all across the world. Some people lost their job on the other hand many industries like startups, enterprises, entrepreneurs faced heavy losses. There were many people who had planned to start their business in 2020 but stopped. Well, according […]
What is a cloud kitchen: A cloud kitchen is a restaurant that only accepts takeaway/delivery orders via an online ordering setup. These are mostly base kitchens, started in small setups that aim to provide food at customers’ doorstep. How does cloud kitchen work: Such cloud kitchens/online restaurants create websites, apps or get listed on food […]
It’s been found in a study that around 20% of businesses face failure in the first year, around 33% by the second year and around only 50% of businesses are able to continue till the fifth year. Therefore, you must know some business survival tips for your small business survival in tough times. In the […]
Introduction Thinking about opening a new business or owning your own small business? There are unpredictable reasons for the business success and survival i.e. both external and internal factors. A large number of business failure and success depends on the problems defined externally. Most small business owners have limited experience in management while tend to […]
When you think of starting a business, there must be innumerable questions, fears, doubts, and ideas which strike your mind. Sometimes, an idea encourages you to move forward, on the other hand, fear can shackle you from moving further. But, remember that if you think you can, then you can. Except for you, only a […]
Marketing is the key to the products/services that have pioneered the market. In the world of growing economy where none has been left as invention, placing the products right in the minds of the customers makes the difference. Therefore, every company irrespective of the size it is working in, focuses maximum on fixing the right […]
Small Business? Startup? Or generating an invoice for the first time? Generating an invoice, as said by the business world, is the most tedious task. It is lengthy and complicated on the top. Paper invoices earlier would take a lot of time and errors before getting one finalised. We are all aware how important is […]
More money, more power! Is the saying of old times. Optimum use, maximum power! Is now what they say. Using each penny wisely is very important in business as you always thrive to achieve maximum profit with optimum utilization of resources that you have. Therefore, budgeting in business is the key to its success. Planning […]
The economic trend for all the countries across the world is never the same. The rise and fall of trade as a result of varying demand leads to changing business cycles. Important as they are, they surely need a clear understanding. Let us draw some light and comprehend what these business cycles are. Business cycles […]
One of the key goals of businesses around the world is the simplification of the business process. The business environment is increasingly getting complex and highly competitive. Moreover, with technological advancements, every business has got an opportunity to make business processes even simpler. This, in turn, helps businesses to reduce the cost and resources required […]
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