For startups, transactional costs could mean a major set-back, and this would only be the first of many price-tags that would need to be taken care of in the future.
Business emails are exciting. They can either make or break deals. So how do you make sure that you are sending the right type of emails?
A good workspace is not only about making an impression on your visiting clients, but more about fuelling creativity and productivity within the team.
Do I opt for an open office structure with functional teams, fluid organizational environment, functional structure, or a hierarchic structure? Which one would work for the organization? Do I even need to think about this?
Amidst the initial hustle and bustle of starting a venture, usually we tend to overlook accounting processes. But even if it does not fit in your main priorities, accounting is part of company’s compliance costs which is generally unavoidable. Here are three things you should know that will help you put the accounting system in place at a lower cost, without having to compromise with the compliances.
A trademark not only provides the owner the exclusive rights to use the mark to discern its good or services from other entities, but also provides a tool to market them. For business, it has become a crucial part of product branding.
It’s difficult for new ventures to hire an accountant to keep records. So, most startups turn to spreadsheet software to list expenses. But there is more to accounting than that.
The want to popularize your product can lead to overshoot your budget if you aren’t careful. However, the risks have been contained to a great deal today, thanks to technology that offers plenty of options for ventures with limited marketing budget.
As we are trying to map the first year of entrepreneurship, we couldn’t get near to doing a good job without including the basics of team building. So, here are a few things that some of the young entrepreneurs and the VenturePlus team have learned about building and working in a team.
A list of five things that fresh entrepreneurs usually forget in their initial calculations.
Social media is an important tool, it makes your presence felt. However, your engagement in the online social world does not always do well for your venture. ‘Sharing is caring’ could just go wrong if it’s not done in the right way, and could even make you popular for the wrong reasons. So, you might want to check this list to get your social buzz right, and to know what can turn you down in front of the world.
Compared to other traditional mediums, the digital platform is a relatively new concept for promoting a business. Today, having an online presence through a website and social media is of growing importance to businesses, both small and big. But in the race to be the first, companies often make some major blunders. Sunil Rijal shares a list of five things that entrepreneurs should be aware of while trying to establish their online presence:
As an entrepreneur, meeting new people and building new connections sure is an exciting thing but at the same time is nerve wrecking because you don’t have a perfect set of lines to win them over within minutes. So to help you master your ‘introduction skills’, Sanam Chitrakar, a certified neuro-linguistics program practitioner, shares how he breaks down his ‘hello’s.
Crowdfunding is not just a very viable way of raising funds; it also enables backers to plunge wholeheartedly into the campaign. All you need to do is get a working PayPal account by any means possible and follow it up with innovative means of drawing eyeballs to your project.
You keep hearing the phrase, “it is such a small world”, in many different contexts. Most times it is when you encounter a mutual friend.
How do you deal with a newly hired employee? It could be your chance of making the best or the worst impression. But more than that, it could be your only chance of gaining his or her trust.
You finally decided to get your venture registered. What next? Here are five things that you must do to manage your business’s accounts and finances immediately after registering your business.
Idea, planning, budget, hard work, creativity - can all get an entrepreneur ahead in the game. But you may still be forgetting a crucial ingredient - connecting with people with people.
Knowing how to draft a contract is one of the basics that every entrepreneur should know. Think of it as a risk mitigation strategy.
Coping with failure as a team can be more challenging than most entrepreneurs think. Self esteem is shot down, morales are low and much more work to be done. In such a scenario, how do you turn things around, and fast?
It all starts with an idea, and before you start on the execution part it might save you a lot of eff ort if you put the idea on test first.
They come as you please but they leave as it pleases them. You might have a role in bringing them in, but what is your role in making them stay? Employee turnover is costly business. How do you retain your best employees?
Of the many things that can get an entrepreneur nervous, trademark infringement is one. But here are 5 tips that are going to help you to make sure your trademark, your idea remains protected and stays yours.
Wow! Not one of those websites! Pop-ups everywhere and where is that noise coming from? Oh yes, the online games that I do not care about! Get me out of here.
Your mind goes blank, you get butterflies in your stomach, you sweat and you start to twitch. Public speaking- we’ve all been there and it’s okay to feel that way before addressing a large group of people. The good news is you can overcome this fear with a bit of preparation and a whole lot of practice. Get started.
Not the traditional kind of enterprise structure but no less powerful, cooperatives are often undermined when compared to the usual corporations but they hold a lot of opportunities.
Let’s make the office make you! Let’s delve deeper inside your workspace (old, new or in construction) and experiment and optimize to achieve an ambience that inspires better opportunities for unanimous and concrete focus, efficiency and satisfaction, and unleashes a fresh germination of organic energy, control, innovation and creation.
In a global scene, sometimes the company and the people who run it aren’t physically together. How do you then ensure smooth operations? The folks at GhamPower run their ideas by us for our readers.
You know how you reply to some emails right away while others suffer in the inbox long enough to be pushed into another page? For all its popularity since the first email was sent, most people haven’t mastered the art of the perfect email yet. This is a pursuit toward that elusive goal.
Learn the secrets of sustaining a budget restaurant from someone who has been successfully running one himself.
Very often we hear people dreading the first day of the week because they have to go to work. If you think that’s what your employees also do, then maybe its time you made some changes at work.
GREPSR’S SUBRAT BASNET ON OPENING A TECH COMPANY
SEALING THE DEAL WITH THE PERFECT PITCH. You have an idea that you can turn into a business. Selling the idea to make it a reality? Not as easy as you think. A few pointers here for getting started on convincing the people you need to get on your side.
Many times entrepreneurs do not take out time for gatherings and social events due to their workload. Sadly this means they are missing out opportunities to advertise their ventures. Here is why.
Whenever we wish on building something – negotiation becomes a part of it. Even when business is the main concern, effective negotiation is what makes it move towards profit and progress.
Having invested time, effort and money, changing the direction of your business despite vague prospects is undoubtedly a tough call to make. Persistence however, is not always a virtue.
Lets face it, part of the appeal of striking out on your own is to work out of your own cool office. But for a startup, how do you decide whether you even need an office or not and when you need one? Some entrepreneurs suggest solutions from their own experiences.
With the world logging onto Facebook every day, its natural that entrepreneurs are taking to the social network to advertise their work. But when you have to contend with status updates, party photos, and comments of the billions on Facebook, how do you stand out?
How do you have your company, your product-service stand out in a crowded market? Move out of the comfort zone with your marketing strategy. If you want to be noticed for doing something no one has done before, you have to present it in a way things have never been presented before.
Be it big business houses or small ventures, building and maintaining good relations with clients is vital for continued success.
Crossing your fingers and wishing for luck to favor you is not the way to get your proposals accepted. If you really want to hear a ‘yes’, it all comes down to how clear and creative you can get.
Creating what you envison drives most entrepreneurs. Transforming an idea into a successful business however, is a continual process that consists of many stages.
The fear of public speaking exceeds the fear of death. But that’s just talk -- presenting is a skill and not unlike other skills, it can be learned. Armed with proper know-how and simple tricks, making a great presentation can give wings to your ideas.