General Business Articles

Options to Raise Capital for Startup Business

Why Capital is Required to Entrepreneurs?

Business are primarily done for the sake to earn profit and secondly to satisfy the demand other customer, both the objective are reciprocal of each other because of the business does not fulfill the demands of the customer then it could never be able to earn profits and if it could be able to fulfill the demands of the customers then sometime positively the entrepreneur has to raise the capital in the business to med the market ends by fulfilling the demands and supplied of the market to balance the business activities but it is more difficult for the entrepreneur to raise capital at the eleventh hour, therefore, he has to evaluate the business position in all the respect and as well as the market conditions.… Read the rest

Abey Francis

7 Things to Consider When Choosing a Location for Your Business

One of the most important things before starting business is to choose the best place the business is to be started because in the first step or question before starting a new business is ‘Where to start the business’ because the finance is required when the plan of the business got final.

Following are the tips and factors which needs to be satisfied by the person going to start a new business and is in the process of choosing the best location:

1. Nature of the Business

Before choosing a location for a new business the owner has to understand the nature of the business and then he should choose the area that whether the community of the vicinity is of need of the products which are the product line of the business and whether any other such business is started in such locality and if so then evaluate the progress and conditions of such business.… Read the rest

Abey Francis

Business Model – Definition, Components, Role and Importance

Business model describes entire procedure of creation, delivery, and capturing of organizational values in both economic and social aspects. It represents core aspects of the business which include strategies, organizational structure, purpose, operational processes, policies, infrastructure, and business practices. Entire functioning of the business is based over this business model as it provides guideline to the organization to carry out all its activities. Thus there is a need to define business model of any organization at first in an explicit manner to avoid all the discrepancies at first end. Business model directly focuses over customer needs as it is this particular aspect along with product differentiation strategy, i.e.… Read the rest

Abey Francis

Entrepreneurship Motivation among Students in India

The Indian economy was previously highly depended on agriculture; however, the current development in the industrial and service sectors requires entrepreneurship to also parallely progress, so, entrepreneurship in India requires ample motivation. Many aspects play a role in developing entrepreneurship:

  1. Educational institutions help develop requisite qualities like leadership and team spirit, help in the development of business plans, and the gaining of financial support, besides setting up TBIs and EDCs.
  2. Established businesses can help with internship, apprenticeship, and collaborations.
  3. Small scale industrial associations can also act as facilitators in prototype labs, and expositions.

It is the view of a number of first generation entrepreneurs that entering into entrepreneurship demands a lot of drive and passion.… Read the rest

Abey Francis

Effective Teaming Factors

There are obvious challenges to form and lead a functioning team, even if the team is collocate physically within a training room or office throughout the whole process of training. Moreover the training involves distant learning mode that individualistic or individual behavior towards the whole proceeding come into play that could affect the performance of the entire team. To lead a team has little understanding on the member’s background is an uphill task for the leader. Advanced communication technology will not guarantee the team is working except the individual that participate in the training stretch and contribute within the context of the training that makes this a successful training experience.… Read the rest

Abey Francis

How Different Generations Adapt And React To New Technologies

The new information and communication technologies (ICTs) represent all the tools available to us in terms of telecommunications, computing, audiovisual, Internet, multimedia etc. These new technologies have allowed the emergence of new practices in our daily lives. Both professionally and privately. In general, these new tools bring performance and productivity to users, but these new technologies can have several disadvantages.

Who is Interested in New Technologies? And What are Their Expectations?

Millennials, the generation Y is the generation which is the most interested in new technologies. They are already aware of new trends and they want new things, they want to live new experiences.… Read the rest

Abey Francis
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