Author: sanjeev singh Rai Business School - New Delhi About College: RBS is a blend of innovation, perfection, and creation. Providing quality management education to students and helping them secure a rewarding position in the corporate world are the foremost objectives of RBS across all its campuses located in Delhi, Bangalore, Chennai, Bhopal and Raipur. All...more
Author: Article ExpertIn the corporate arena, offering the corporate business gifts are now the tradition in order to keep smooth relations with business colleagues, employees, clients, and other business partners. The gift items are now changed their dimensions. The trends are now changed from a normal flower bucket or liquor to customized pens, briefcase, and other such corporate business. The corporate biggies are now attracted by the...more
If you are at the point of planning to launch your business, it can be a relief (though uncommon) to realize that you will be able to get started with just your own cash. Not needing to bring in outside funders eliminates a world of headache and keeps greater control over the business for you. However, if you think this means you no longer need a business plan, you are wrong. Business Planning Is RigorousThe fact that writing a business plan is a rigorous process means that it requires time and generally some expense on professional help from consultants, accountants, and lawyers. However, if you sidestep this process because you dont need to seek funding, you dont allow it to increase your chances of success. The process includes detailed research on the market and costs involved, careful strategizing, and thoughtful projections. This kind of rigorous approach is needed just as much if you are putting your own money into the company, as your savings and future livelihood may ride on the success of the business. The Benefit of a Written PlanFunders may offer some feedback and input into your plans, whether or not they end up funding your company. When you arent speaking with...more
If you have the benefit of even one session with a business plan consultant, come prepared with questions to ask him or her. If you have a draft of your plan, see if the consultant can read it before you meet to make the meeting more productive.What Do Funders Want?One of the most important topics that business plan consultants can offer their...more
There are many different ways to tie a tie (hi hi). There are tons of knots and tricks and every Windsor Knot or Pratt Knot looks different and suits different... suits. Sometimes it is hard to keep up with all the variations and there's a lot of home work to do. I mean, you probably don't want to wear the wrong the tie or use the wrong knot and...more
When opening a photography studio, you must make a significant initial, and then monthly, investment in your space. To justify these expenses to investors in your business plan, show how you will utilize the space to its fullest. It represents one of your major assets, and renting such a studio while explaining in your plan that your shoots will primarily be out on location shows poor planning on your part to funders. Studio ShootsConsider what customer markets you should pursue to keep the space booked up with your own shoots as much as possible. This will likely be the highest revenue-generating use of the space for you. Look for the customers that freelance photographers without a studio are unable to gain and market the strengths your space will offer. By investing in some additional backdrops or decorative elements to dress the space, you can expand the options of shoots you can accommodate in-house significantly. Other UsesCan part of your studio double as an office space during downtime? If you can limit your need for separate office space you may be able to cut down on your rent, if you can plan for this before signing a lease. If your lease allows it, you can also rent out...more
Choosing the right menu for your restaurant is a key decision for the success of your business. This decision will impact the revenue of your business by differentiating your service from other restaurants and the cost structure of your business...more
For customers, using an appointment-driven service like a hair salon means waiting. While waiting is the expectation of customers, the nature of the waiting experience can make a major difference in what they think about your salon and even...more
Your car dealer business plan should include a timeline of the businesss success. This does not have to be an exhaustive timeline, showing every step you will make along the way, but should at least cover these kind of important milestones in the...more
If you've been following news headlines, you know that's been a continuing buzz in many industries in the UK regarding business, particularly with science and technology but by no means limited to those areas. From the central locations in England to...more
Thousands of people are looking for ways to start their own business and become their own boss. They want to quit their regular job and make money with their own business. There are many ways to go into business for yourself, but the easiest way is...more
Many of you must hear about CSS, which simply means Cascading Style Sheets. It defines presentation semantics that is, how to display HTML elements and ultimately it will define look and feel of the website. External style sheets are saved in CSS...more