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Showing posts with label Businessidea. Show all posts
Showing posts with label Businessidea. Show all posts

Monday, August 30, 2021

Online Business Ideas

Online Business Ideas

Online Business Ideas

In today's time online business is a small and very promising business.  Very good profit can be made from this.  Starting an online business is the best way to earn money without any hard work. All you need is some technical skills and a reliable internet connection.

online shop,

Offer Graphics Services

Online Teaching,

 Freelance,

 Sell ​​Car and Bike Online,

 You Tube Channel,

 Trading Buy and Sell Shares

 Affiliate Marketing,


 Online Data Entry Job,

 Website Design Company,

 Business Promotion – SEO  Business   Promotion –SEO,

 Become a Webinar Host

 Make Money Online with Paid Online   Surveys,

 Selling Old Goods Online ,

 Make Money Online By Writing,


 Start Small Shopping Portal ,
 Sell ​​eBooks

 Make Money by Selling Online Photo,

 Online Video Editing Service,

 Selling Gift Items Online,

 Selling Artworks Online ,

 Online Technical Trainer,

 Motivational Speaker,

 Online Handmade Craft Seller ,

 e-commerce website,

 App Making Store Online,

 Online bloggers.


Note- To know in detail about many other such great business ideas, you can get more detailed information about them by going to our business plan category.
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Sunday, August 29, 2021

how to do strategic planning for business

business planning

business planning

Planning is an important process before starting any business and making a written business plan is an important part of this process.  There is no need for a business plan in any self investment, but a business plan is needed for bank loan or investment from an investor.  The goals and methods of achieving those goals are written.  The business plan acts as your guide.

What is a Business Plan

Before starting any work, it is planned.  The same thing applies to business, so the written form of the plan is called a business plan.  Actually a business plan is such a document that answers all the questions like 'what', 'why' and 'how' of a new business.  like

What is our business?

Why do we want to do this business

How will we do this business?

We get answers to all these questions through a business plan.  Mainly a business plan is for a new business, but even if an existing business is doing something new, then the business can be taken forward by making a business plan.  A business plan does not only create a start-up but also establishes the business.  Changes in the business plan can also be made from time to time according to the circumstances.

Why a Business Plan is Made

You must be thinking that what is the need of making a business plan.  Through your business plan, you clearly state your goals in writing and what strategy is being made to achieve those goals.  Business plan or business plan is very important for the following purposes-

apply for business loan in bank,
apply for business loan in bank,


Fund raising for your small business or start-up through other means like Venture Capital Firm or Crowdfunding,

Applying for any type of subsidy or any scheme related to business,

For Business Partnership and Franchisee etc.

A well-crafted business plan not only makes it easier to get finance from banks and other external sources but also helps in internal operations.

How to Write a Good Business Plan

There are plans for success in any work.  If business is to be successful then planning must be tremendous.  Starting a business is an easy task, but continuing it and being successful in it is a different matter, before starting any business, its plan is prepared in the form of a business plan.  Therefore, some things are kept in mind before making a good business plan.  It is as follows-

What is the core objective of making this business plan?

For whom is the business plan being made?  Meaning among the people reading this are there investors or bankers whose money has been invested in business?

What is included in your business plan?

Need a concise or detailed business plan?


When these questions are answered, a businessman starts making his business plan.  In any one successful and clear business plan, focus is given on the following topics-

low capital start up business

1. What is the purpose of business,

2. Clear description of the business,

3. What are the products and services of the business,

4. Helpful in Market Analysis,

5. Description of business structure,

6. utilization of resources,

7. Goal Setting.

Market Analysis
Market Analysis

In this, all the important things related to the target market of your product or services are analyzed like-

target market, market size and demand,

Who will you sell to – Target Customer, their behaviour, category and Purchasing Power,

Who are your competitors and how much market share do they have, their strengths and weaknesses,

Significant changes in the demand and market in the future.

Marketing Strategy
This part of the business plan is considered very important.  This part describes all the policies that you want to use for your products and services to reach the customers and for market promotion.  Under this part, you have to determine the following things-

How will your product or service make its place in the market,

Who are your target customers who will first show interest in your product or services and how will you reach them?

What will be your pricing policy?


How will you promote your product or service like Direct Marketing, Advertising Social Media etc.

How will you deliver your product or services to the customer – Distribution channel,

What will be your Selling Strategy?

Operations
In this part, there is detailed information about all the things related to Business Operations i.e. “How the business will run” like-

Business Place – Where will you do your business. Will you buy or rent the place.

Production Facility and System – What type of production facility do you have and is it as per the requirement.

Purchase Plan – How will you buy your inputs and is it the best way.

Production Plan – How will you produce your product.  Based on Demand or Estimates.

Workforce Structure and their Roles – The positions, scope and responsibilities of your employees.

Technology (Systems and Information Technology) – What will be the main IT system of your business

Storage Facility – How much stock will you keep and where will you keep it.

Financial Planning Financial Analysis
The most important part of any business plan is the financial plan because in this part, all the important things and projections of your business are presented in figures or numbers.  From this part, the bank or venture firm gets to know about the financial condition of your business and the requirement of capital, on the basis of which banks give loans and venture capital firms invest.  This part mainly focuses on the following things-

How much capital or fund do you need for business and where will you use it - Capital / Fund Requirement

How will you raise this capital – Loan, Venture Funding, Crowd Funding, Own Capital etc.

For how many years will you take the loan, what will be its security and how will you repay it,

What will be the Revenue/Income Sources of your business – Sales, Other Incomes

 What will be the expenses of your business – Purchases, Interest Payment, Rent etc.

Forcast your business's next 3-5 years profit and loss based on Sales, Revenue and Expenses,

Growth Forcast of Your Business,

Business risk and its possible consequences.

Business plan is the most important document of your business which continuously guides you in taking your business forward.  Therefore it should be constructed very carefully.
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low capital start up business

low capital start up business

low capital start up business

In today's time everyone wants to earn money.  Some like to do job, some want to do their own business.  But the biggest problem is the investment.  They do not have proper investment to start any business.  So to start a business like this nowadays, more than money, the right idea and its correct implementation are needed.  Businesses starting with some working capital are as follows-

1, Agarbatti Business,

2, Food Business,

3, Handcrafted or Handmade Accessories,

 4, Furniture Manufacturing Business,

 5, E-commerce and Internet,

 6, Baby Keeping Service,

 7, Appliance Repair Service Center,

 8, Mobile Food Service,

 9, Second Hand Products Sale,

 10, PET Care Centre,

 11, Fashion Boutique,

 12, event management,

 13, Consultancy,

 14, Rain Water Harvesting,

 15, Courier Company,

 16, Translation Work,

 17, Interior Decoration Work,

 19, Gardening Service,

 20, Medical Tour Services,

 21, Auto Modification Work,

 22, Dietary Consultancy Services,

 23, Dance Class,

 24, Packers and Movers Work,

 25, Car Parking,

 26, Sports Coaching,

 27, Travel Agency,

 28, Real Estate Agent,

  29, Second Hand Car Dealership,

 30, Mobile Garage Services,

 31, DJ Sound Service,
Read more ...

Monday, August 9, 2021

what is a startup company

what is a startup company


what is a startup company

Startup means a new company. Usually the person who started it invests in it as well as operates the company.  Startup company launches such products or services, which are not available in the market.  When your products or services bring change or ease in the lives of people, then your start-up starts touching the heights, like- Snapdeal, Ola Cabs, Paytm, Flipkart, Oyo Rooms etc.


If you want to start a startup then do this work first


In today's time, there is a lot of enthusiasm among the youth about their own business, due to which they are getting more attracted towards self-employment.  If you also want to start a startup, then you can take care of some things like-


To start any business, first of all a unique and innovative idea is needed.

To start any business, first of all a unique and innovative idea is needed

Planning is necessary to make a business successful, make a business plan so that you can prepare a roadmap for the coming time and work accordingly.


Before starting any business, do market research so that you know what is going on in the market.


While starting the business, choose the name of your startup and if you want to make your business name a big brand in the future, then think of the name short and simple.


Prepare a business model, decide how your business will work, what service you have to provide, how much people will get benefit from your business, etc.


To start any business, it is necessary to register.


Benefits of working in a startup


There are many different benefits of working in a startup like-


There's a lot to be learned.


Here the employees work without any supervision, they take smart decisions in it and are ready for the results, which gives them motivation to move forward.


Unique or new experience is obtained.
In this, you get an opportunity to show your talent and you also get an incentive if you like your idea.


While working here, there are other facilities like discotes and free services to the employees, facility to work from home, good environment etc.


 Disadvantages of working in startup


 Lack of social life.


Startup companies do not give much salary in the initial time, they give more emphasis on other things but if there is good growth, you can get good income.
Startup founders have very good ideas from which they accumulate basic money but there is a lack of an experienced leader.
Startup India Scheme

 Startup India Scheme


Startup India is a scheme brought by the government to promote industries and business.  In this, they are given loans at reasonable prices so that they can grow and get success.


Taxes or tax exemptions in Startup India


Businessmen in startups will be given complete exemption from income tax for the first three years.


Benefits of Startup India Scheme


Joining the Startup India scheme is a very easy process, through online registration, you can join the scheme.
In this scheme, all the important information related to business is given to the entrepreneur.


Under the Startup Scheme, companies registered after 1st April 2016 are exempted from tax after taking 3 years.
The Government of India will start programs related to startups in schools so that more and more children can know about this scheme.


Startup India Scheme Eligibility

Startup India Scheme Eligibility
Companies older than 5 years will not be included in the Startup India scheme.
The annual turnover of the company covered under the scheme should not exceed 25 crores.


Private company or partnership firm or LLP will come under Startup India scheme.
The startup is making more use of innovations and techniques in the company.


The business model of a startup company should be employment-promoting.
Startup India SchemeApply ForHow To


To join the Startup India scheme, candidates can apply by visiting the official website of this scheme.


Carefully read all the information given in it and fill the form at the time.


Startupsto startOther collaborations
To start startups, the government has run many schemes, in which new entrepreneurial entrepreneurs are being encouraged and loans are also being provided.
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Friday, August 6, 2021

Top rules for being successful in businessSuccessful

Top rules for being successful in businessSuccessful

Top rules for being successful in business Successful

In order to be successful in trading, here are some rules. Each rule is only important, but when they work together, the effects are very strong.  Trading with these rules can greatly increase your chances of being successful in the markets. These rules are as follows-

Be dedicated to your business


Rule 1: Be dedicated to your business

If you have passion for your work then no one can stop you from being successful.  Have faith in yourself and your ability and don't get caught up in what others say.  Do the work that you like so that you try to do your work better every day than the previous day.  And soon those who work with you will also learn this from you.

Distribute the profit among all the workers and treat them like partners


Rule 2 - Distribute the profit among all the workers and treat them like partners

Whatever success you have achieved or are getting is not the result of your hard work alone.  There are many more people associated with you who work for you.  Make them feel special and important and share your profits with them too.  If possible, make them your partner.  If they buy a single stock of your company, they will do their best to take the company forward.  This will benefit you and them too.

Motivate your partners


Rule 3- Motivate your partners

Keep in mind that along with being partners, these people are also your employees, so it is important to keep motivating them.  You need to give them some such innovative and motivational challenges from time to time so that they always have the zeal to do well.  Never make yourself transparent, try to keep people guessing – What will happen next With this everyone will enjoy their work.

Communicate everything to partners


Rule 4 - Communicate everything to partners

You need that you tell everything about the business to your partners, what is and how it is, share everything with them, this will make them believe in themselves and you too.  They will find themselves as an important part of the organization and will work wholeheartedly for the success of the company.

Appreciate Associates


Rule 5 - Appreciate Associates

Your partners work for you too and everyone wants to hear appreciation for their work.  Understanding this, always praise the one who does a better job. By doing this, they will be loyal to you.

Celebrate your success


Rule 6 Celebrate your success

Every day brings something new and a little bit of success and it has to be celebrated.  It is not necessary that you celebrate it by singing a dance, a little joke, some fun with everyone, your purpose will also be fulfilled.  Enjoy without missing this opportunity.

Listen to everyone in your company


Rule 7 - Listen to everyone in your company

Those who talk to and listen to customers throughout the day, they know better what and where they are lacking, that's why listen to them.  Ask for feedback from people at every level from lower to higher, this will open the way for improvement and it will be easier to achieve success.

8-Give Your Customers More Than Expected


Rule 8-Give Your Customers More Than Expected

What would you do if you expected one and you got two?  Do the same thing for your customers so that they come back to you again.  If you are wrong then accept and apologize and if something is wrong then correct it.

Control your expenses


Rule 9 - Control your expenses

By paying attention to your expenses and without spending unnecessary, you can grow your business well. Give all your employees such work in which they can do their best without spending much.


Rule 10 - Go with the Drift

If you do what everyone is doing, then you will not be successful, so make your way in the opposite direction.  And be prepared for one thing that not everyone may like your move and they will stop you from doing so. Keep doing your work and success will surely follow you on the path you have made searching for you.

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how to get business loan

how to get business loan

how to get business loan

To promote small enterprises in the country, the government has started various loan schemes.  Apart from the Pradhan Mantri Mudra Yojana, there are many other schemes in which you can take loans ranging from small amounts to large loans.


Business LoanWhat is

Business LoanWhat is 

This is actually a loan taken to meet your business needs. If you also want to take a business loan from any bank, then its process is as follows-
Create a detailed business plan.
Tell your business plan to the bank from which you want to take a loan.


After that decide how much loan you need.
Find out about your credit score.
In fact, banks decide to give you a loan according to your business plan.  If the bank thinks that your business and the profits from it will be such that you will be able to repay the bank loan in the stipulated period after meeting your expenses, then only the bank approves your loan.

What to do for Business Loans

What to do for Business Loans

First prepare your business plan.
Collect detailed information about the bank or government scheme under which you want to take a loan


Based on that information, prepare the necessary documents for the loan.
Now go to the bank for loan or apply online.

What are the benefits of taking a business loan

What are the benefits of taking a business loan 

money help for business needs,
Fulfillment of financial needs for both short and long term


Who can Apply for Business

Who can Apply for Business 

Individual entrepreneurs doing their own business,
private limited companies,
Partnership Firms

For Business Loan: Name of Government Schemes

For Business Loan: Name of Government Schemes 
Mudra Yojana:- Macro Units Development and Refinance Agency Limited, the goal of this scheme is to provide loans to non-traditional businesses at low interest rates by the bank for setting up enterprises.  Under this scheme, according to the nature of the enterprise, it has been divided into three categories to provide loan: - Shishu category, Kishore category, and Tarun category.


Pradhan Mantri Employment Generation Program-Under this scheme, the loan is divided into two categories.
For business in the service sector, there is a provision to give loans up to Rs 15 lakh.
For business in the manufacturing sector, there is a provision to provide loans up to Rs.25 lakh.


To make women available for business, many banks have started schemes which are as follows
Vaibhav Laxmi Yojana:- This scheme has been started by Bank of Baroda to give loans to women for business.
V Shakti Yojana:- This scheme has been started by Vijaya Bank to give business loans to women.
Synd Mahila Shakti :- The target of giving loans to 20 thousand women businessmen has been set by Syndicate Bank under this scheme.

How to take a loan from a bank for business Loan

How to take a loan from a bank for business Loan 
For a loan from the bank, you should take special care of some things.  You should have a clean plan to start a business so that the bank can give you a loan, some steps to get a loan from the bank are as follows-
Step 1: Go to the bank with a written business plan.  If you want, you can take the help of business plan writers.  The loan amount depends on the nature of your business as well as how much you can earn in the business.


Second step- Every bank has its own rules for giving loan, so before applying for loan, definitely get information about the bank, whether the bank can give loan according to your need or not.  Explore the schemes of many banks, different rules apply for micro, small and middle class business, so get information about these rules.
Step 3: Keep all the documents ready, if you can give something as a guarantee for a business loan, then taking a loan can be easy.  In such a situation, if you default, the bank can recover money from that property.


Step 4: Once the documents are submitted, it is up to the bank whether it wants to give the loan or not.  The bank will also decide how much the loan amount will be based on the nature of your business.

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Thursday, August 5, 2021

how to grow business

how to grow business

how to grow business

1-Protect intellectual property Intellectual Property
When we start doing business, for that we have to do some documents i.e. some paper work like we have to put our business name, company name, trade mark logo and register our company etc.  Is 

how to grow business

2- Protect key employees Make Loyalty between Employees

There are some key employees in any company or business who know very well about your business, which you can call best employees, it is very important to protect them. If you did not protect them, then perhaps your competitors offer them a good offer.  You can join your company by giving
how to grow business


3-Protect Key Customers Make Loyalty between Customers

Just like you protect your key employees, in the same way protect the specific customers of your business/business because most of the profits of your business come from some of your key customers.

Protect Data Save your Data

4-Protect Data Save your Data

This is also an important way to make any business big because data is very important for any company, you should also keep your business data safe.
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how to start business

how to start business

how to start business

The journey from starting any business to making a company of crores is amazing.  To start a business, you have to plan, work hard, face difficulties, solve problems.  Due to which you climb the stairs of success in your business so fast that you do not believe in yourself. Here are some important ways to start a business-

Business Plan


(Step 1:- Write Business Plan Write your Business Plan

If you are going to do any business, first of all you should have a plan.  Maybe so far that plan is going on in your mind but as soon as possible write it on a paper.

Business Location


(Step 2:-Choose Business Location Choose a Business Location

A good location is needed to start any business, because any business, product or service can run well only when it is in a good place or can say that its business location is very good because if the customer is in your business.  If you do not come close then your business can be difficult to run, so make sure to have a right place before starting your business.

Select Team Build your Team


(Step 3:-Select Team Build your Team

To make any business big, a team is needed because a single person cannot do much but a team can do a lot of work.  That's why make a team for your business and give place to those people who are your trusted people in that team.

Investing for Business


(Step 4:- Investing for Business Finance your Business

To start any business, you have to invest money from yourself in the beginning, but you also have a limited amount, which you keep investing for some time.  After that you hope that you will get some income from the business you are doing, but it may also happen that you should not get the income so soon, for this you should keep money in advance.

online marketing.


(Step 5:-Technology Select your Technology

Use technology and do your online marketing.  Tell people about your business on social media and analyze how with the help of internet and technology, the business will move towards success faster.

Understand Employer Responsibilities


(Step 6:- Understand Employer Responsibilities Understand Employer Responsibilities

If you are a good businessman and your business is going very well, then you should understand your responsibilities very well, the first of them is that you have to pay the most attention to all the employees you have, if they have any problem then their solution.  Do it immediately.  Along with this, there are many other responsibilities, you understand and fulfill all those responsibilities of a company on time and properly.

Insurance Policy

(Step 7:- Purchase an Insurance Policy

Just as people get their insurance, they buy insurance policy to secure their future, in the same way you need to buy an insurance policy for your business because in future this insurance policy will help in expanding your business.

View Local Help Find Local Assistance


(Step 8:- View Local Help Find Local Assistance

To do any work, you may have to take the help of anyone in the beginning, so wherever you start a business, whatever kind of business you do, find some sources that can help you to get local help like  There may be local people who can help you in your business.

Create a Maintenance List


(Step 9:- Create a Maintenance List Create a Maintenance List

When many people work together in a team to grow any business, then some things are required for their maintenance, which a company should take care of a businessman at the right time and this can happen only at the right time.  It is when you have its list or you have information about it, but where will this information come from when you keep this list with you or give the responsibility to any one responsible who can give it to you at the right time.

Set Future Goals


(Step 10:- Set Future Goals

To make any business bigger, future goals are set to grow, goals are set for future where we have to take our business in next month or us next 6 months, or next 2 years.  What to achieve  You also set some such goals for your business and start working accordingly.

Leader Leadership


(Step 11:- Leader Leadership

Continue to grow your business and lead your team like a leader.  Consider your employees as your partners instead of considering them as employees.

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