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Showing posts with the label Business Networking

Entrepreneurial Lessons to be learnt from “Real Business Disasters”

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  Entrepreneurial Lessons to be learnt from “Real Business Disasters” POSTED ON  APRIL 01, 2021  BY CHUNU Opting to start a  business  is more or less taking chances with your investment, sometimes unforeseen events happen in business without prior warning.  Entrepreneurs  can take precautionary measures against theft, fire accident etc. by opting for insurance. But, there are many other unforeseen events which a business person cannot anticipate. These situations may be very hard to face but, sometimes these disasters become blessings in disguise. These situations force  entrepreneurs  to rethink and expand in the process. Below mentioned are some of the lessons that some entrepreneurs had learnt that helped them move forward and achieve success. Along With Quality Product Marketing Skills Are Also Required If one is under the impression that a quality product is all you need to get the customers, sorry this assumption is proven wrong. An...

Best Business Networking Tips for the Year 2021

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  Best Business Networking Tips for the Year 2021 POSTED ON MARCH  01, 2021  BY CHUNU Business Networking brings together an enlarged community of individuals to form mutually beneficial partnerships that provide mutual assistance and support over time. If you spend the time and energy required to build a strong  network  of connections, you will become a magnet that attracts people and money. The most significant tip is that long before you need a network, you want to have a competent business network built. 1. By raising your profile, create awareness within your industry or profession. Go to every social and  business  meeting you can attend. 2. Develop a partner  network  to keep an open eye and ear for new opportunities for you, and vice versa for them also. Only when it is mutually beneficial will networking be effective. 3. Reach targeted individuals in two ways for your organisation or career directly or indirectly through your c...

Important Aspects of Startup Business Plan

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  Important Aspects of Startup Business Plan POSTED ON  FEBRUARY 23, 2021  BY chunu An entrepreneur who is looking for funds to help launch a new undertaking needs a business plan. It is all about what you are going to do in business and how you are going to do it, simply stated it is drafting your business strategy.   Business   plans are drafted by entrepreneurs who are seeking investment from investors. Many, many great enterprises had their roots on paper, in the form of a strategy that was used to persuade investors to bring in the money they needed to get them moving. A business plan conveys your business goals, the tactics you will use to accomplish them, future challenges your business will face and solutions to overcome them. It will also reflect your company’s organizational structure (including titles and responsibilities), and ultimately, the amount of money needed to fund your venture and keep it running until it breaks even. There are three ba...