Writing the business plan is one of the most difficult and time consuming task. It is necessary it must be professionally written, according to your investors and lenders requirements. The key interest to investors and lenders are: The purpose of the loan, use of the funds, management of the business, industry information, market analysis, financial analysis, security, and personal debt history of the entrepreneur. After completing the business...more
Creating a business plan is one of the most difficult tasks for both startup and existing businesses. Business plan is an important document that helps you to get funds from potential investors and lenders; on the other hand, it also helps you to achieve your long and short-term goals in a best possible way. Once you have made a professional business plan, according to your investors and lenders requirements, next step is to implement this plan...more
The most difficult and time consuming section while compiling a business plan, is competitive analysis. Before start writing this section, it is essential to investigate carefully your competitors. It must describe both the direct and indirect competitors of a specific business. It is better to analyze your competitors before start writing a business plan. It must describe, who your competitors are, their strengths and weaknesses, demographics, product they are offering and the uniqueness of your product. Types of competitors:Usually, there are two types of competitors: Direct and indirect. Direct competitors are the competitors selling the same product and service, which you are providing. Indirect competitors are those who are indirectly affect your product. Before start writing competitive analysis, makes sure you have the list of all your direct and indirect competitors. If you have many competitors then its better to generalize once again. Elements of competitive analysis:Competitive analysis section of a business plan must be carefully studied in order to earn large amount of profit. The major elements of competitive analysis include the following:Defining competitors: The...more
Once you have made a business plan, it is essential implementation and continued review must follow throughout the year. Strategy implementation requires enough time, energy, and attention. Implementation must be analyzed as the next step, even though a complex step, that follows the planning time in the overall strategic planning process....more
AEPT is one of the privately held engineering company in the business of import and export in Australia and India; headquarter in Ahmadabad in the state of Gujarat. AEPT is professionally managed company with team of Design and Developments, Production, Quality Management, Finance and Marketing. Australian Engineering Products Traders is leading...more
Virtual assistants are a life saver in the present economic times. Not only do they make life easier by taking off the work load but the prices they charge result in cost savings for a business or a working professional. The benefits of hiring a virtual assistant are many. And this is why the moment people hire a virtual assistant, they think they would get seamless services immediately. But when this does not happen, they tend to worry.At times, you may note that there are many comparability issues between you and your virtual assistant. And this may transform into other problems if not solved well in time. After all your virtual assistant is supposed to offer your assistance with the processes and operations and not add on to the burden.That is why it is important to sort out the differences and issues before hand and work in the best possible way with your virtual assistant. Both the client and the virtual assistant should work in conjugation with one another. Spend some time in the beginning to understand each other's working style and requirements. This will allow you to analyze what needs to be done and how. Only when you know how the other person works, can you attempt to...more
From the moment of its establishment, eToro had set out to change the way we trade currencies. That meant throwing away the rule book, forgetting about established conventions and figuring out from scratch the best way to learn, practice and trade...more
I bet that If you are a novice to "affiliate marketing" you have earned nothing of any significance for your labours thus far. Why? Because your initial attempt at building a web site, writing an article or two and posting them on article...more
Emotional investing is your own worst enemyInvesting can be a thrilling factor for amateurs; to make them feel high. No time is same for any investor; no one can get high and make money at the same time. Emotional trading is the weakness and it is...more
The customer care department of any organization is intended to look after the customers and resolve their problems by answering their queries. The customer care has now, evolved into many significant parts among which live chat is a popular and the...more
Investment research has gained significant importance these days. Due to irregular and unexpected fluctuations in market, many investors have loss in bullions. Due to the increased risk factor, companies are spending millions of dollars in hiring...more
Feasibility is a research process to make financial reports on which business plans are created. It focuses comprehensively on planning which includes risk management and a secondary protocol or more commonly a contingency plan. It allows executives...more