Business Model

Business
A business model provides a framework for a company's monetization strategies. It focuses on defining the audience (customer segment), unique selling proposition, brand positioning, method of delivery, and distribution channels to create a profit-making formula. Business models shape all aspects of a company's development and growth. Therefore, they may change over time to adapt to new marketplace opportunities, technologies, or distribution channels. In more simple terms, every business model intrinsically has three parts – Everything related to designing and manufacturing the product.Everything related to selling the product, from finding the right customers to distributing the product.Everything related to how the customer will pay and how the company will make money. Types of Business Models for Startups ManufacturerManufacturers are the producers of goods and commodities. They manufacture and process finished good…
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Start Face Masks Business (COVID-19)

Start Face Masks Business (COVID-19)

Business, Covid-19
The world is facing troubling times since the advent of Covid-19. Businesses are shutting down, economies are collapsing, and people are generally overwhelmed with the entire situation. But, you should look at the hidden opportunities that this situation offers you. Face masks are essential these days and will be important for a long time. It’s best that if you’re planning on starting a business that you look into a face mask business. The Different Types of Face Masks Basic Cloth Face MaskSurgical Face MaskN95 RespiratorFiltering Facepiece RespiratorP100 Respirator/Gas MaskSelf-Contained Breathing ApparatusFull Face RespiratorKN95 Respirator Start Face Masks Business (COVID-19) What Type of Face Mask is Best for COVID-19? The general consensus in the medical community is that cotton face masks are the best choice for stopping the spread of COVID-19.…
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How to Work Effectively From Home

How to Work Effectively From Home

Business, Covid-19, Start-Up
Many people are working from home for the first time because of COVID-19. Others are more seasoned remote workers. Whatever your circumstances, working from home is likely playing a larger part in your life, or that of people you live with, than it ever has before. At its best, working from home benefits everyone: you, your family or household, and your organization. Remain connected and positive, and you can work productively while maintaining a fulfilling home life – all without the stress of a daily commute. Stick with Your Routine.Just because you're not commuting and going into an office doesn't mean you should skip your weekday morning preparations. Wake up at your normal time, shower, and get dressed in real clothes (not pajamas!). It may sound trivial, but this helps…
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Impact of COVID-19 on Indian Economy

Impact of COVID-19 on Indian Economy

Covid-19, Economy
Sources – KPMG, EY, Nomura, MoSPI   India’s real GDP decelerated to its lowest in over 6 years in 3Q 2019-20, and the outbreak of COVID-19 posted new challenges. Government has taken steps to contain the spread, such as nationwide restrictions for 21 days and a complete lockdown of the states have bought all the economic activities to standstill barring the essential services. This has an impact on consumption and investments. While Indian businesses, barring a few sectors, can possibly insulate themselves from the global supply chain disruption caused by the outbreak due to lower reliance on intermediate imports, their export COVID-19 infected nations could take a hit. In sum, the three major contributors to GDP – private consumption, investments and external trade, will get affected. Three scenarios can be…
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Types of Businesses

Types of Businesses

Economy, Start-Up
A business entity is an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services.There are different types of businesses to choose from when forming a company, each with its own legal differences. Typically, there are five main types of businesses: Private Limited Company, Limited Liability Partnership, General Partnership, Sole Proprietorship, and One Person Company. Before creating a business, entrepreneurs should clarify what is important to them when running their business. Private Limited Company: A private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publically traded. Features of Private Limited…
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The Bulb | An Analysis of Business Idea Validation

The Bulb | An Analysis of Business Idea Validation

Start-Up
Introduction Everything starts with an idea and it depends on what you do with that idea, and what steps you take to turn your idea into a reality. Before we go into the details let’s define “What a business Idea means?” As there is no authentic definition of the idea, we can define it as under “A business Idea is a unique concept that can be used for solving problem(s) being faced by potential customers and may be used for financial gain.” Identification The best way to arrive at a good startup idea is not trying to think up new startup ideas – that would be the wrong way. The ideal way is to look for problems and needs, preferably problems and needs you have faced yourself. Alternatively, it could…
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Choosing the Right Legal Structure for Your Start-up

Choosing the Right Legal Structure for Your Start-up

Start-Up
Introduction No matter what your business is, you need a basic legal understanding and the ability to see what you really should have done and should do in future. As a startup, you invest every minute in growth and related activities, and thus, legal matters of the business often get ignored. This leads to common legal mistakes that impact your company’s success or failure in the long-run. Hence, it is prudent to be aware of the legal matters of your business from the start. Starting from the correct choice of a legal structure to know about the registration process for the same, and finally, decide on the right location for establishing your entity – all these aspects need your attention. Of course, to get all your assumptions and decisions checked, you must seek advice…
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Start Dairy Farming Business in India – Invest Less and Earn More

Start Dairy Farming Business in India – Invest Less and Earn More

Business, Start-Up
Dairy farming has been an age-old business in India passed down from generation to generation. During the late 20th century, this tradition saw a decline. However, thanks to the advancements made in science and technology, huge progress has been made. The contribution made by Amul in the form of the ‘White Revolution’ played a very important role in transforming the dairy industry in India from its stagnation level to a world leader. Requirements of Dairy Farming Business Below mentioned are the components of Dairy Farming to be used or installed before and after starting business:- Shed: There must be proper covered area built in the farm land before bringing in cattle to be kept. Land: Farm owners should maintain cultivated areas or land for growing fodder crops for cattle. The…
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