Year: 2022
All entrepreneurs struggle with expenses and how to manage them after a few months of starting a new business. This is because expansion necessitates increased overhead, supplies, and payroll costs. As a result, it is critical to cut unnecessary business costs. Cutting costs isn’t easy; it usually requires entrepreneurship and innovation, creativity and experimenting with new ideas you might not have considered before. I...
Niche market and how it helps in creating business ideas
What is a niche market?
A niche market is a subset of a larger market which is more focused and targets a very specific consumer need by selling specialized products or services. Companies concentrate on specialized markets in order to better serve a specific customer than competitors who aim for a broad audience. Correctly identifying a niche market and its audienc...
Why Social Media presence boosts a business
With the advent of digitization, along with the outbreak of the coronavirus, several businesses have adapted to a social media presence. Be it on Facebook or on corporate networking platforms like LinkedIn, businesses can be spotted everywhere. Several start-up courses include a social media model in their curriculum to teach the students about...
Importance Of Customer feedback
“Treat your customer like they own you, because they do”. Customers own a big part of your business, every word that customer says matters. So it is necessary to listen to them. Customer feedback is what makes your business standout from other businesses. Customer’s feedback is the best way to see that your efforts bring desired results. Customer feedback plays an important role in businesses. Here we have discusse...
Challenges an entrepreneurs programme helps you tackle
The path of entrepreneurship to reach the final destination of finally opening a business is a tough one filled with several challenges. From sowing the seeds of a starter through creating business ideas to gathering funds and tackling competition, the challenges on the journey shape an entrepreneur for carrying the business forward. Here are four commonly observed challenges that an entrepreneur may face...