Month: December 2021
Family businesses have existed for hundreds of years and are seen across all industries. Just like any other company or business, a family business faces various challenges ranging from changes in the economy to competition in the market. However, a family business has its own set of challenges that are unique to the nature of the business structure. Let’s see what are the most commonly faced challenges in a family business....
How to Increase Productivity as a Budding Entrepreneur
Being an entrepreneur means working relentlessly to overcome obstacles and achieve your goal. There are no shortcuts and it often means finding yourself as an army of one, taking care of multiple responsibilities by yourself simultaneously. Being at the forefront most of the time, you are the decision-maker and very often find yourself in a stressful position. In such situations, you can end up having moments of self-doubt th...
Why Is Marketing Important For a New Business?
We all see that today the world of business is cutthroat and highly competitive. Only making a good product is not enough. To thrive and survive in the industry, marketing your product and brand is absolutely vital. Only marketing will attract new customers. Having a good product is pointless if you don’t market it well. Marketing is an important step in determining the direction in which your business is headed. Here let’s t...
How to Manage Stress Effectively as an Entrepreneur
Being an entrepreneur definitely has its perks but the journey isn’t easy. Entrepreneurs work long hours, sacrifice their weekends and undergo a lot of stress to achieve their goals. Even if you have planned out everything meticulously, there are times you experience stressful situations. Stress is not like any physical illness that is spotted and cured immediately. In fact, it is quite the opposite. It is important that every...