Are you an entrepreneur looking to establish a SaaS-based business model but don’t know where to begin? This article may provide some insight into a valuable asset called a business plan. What is a Business Plan? Entrepreneurs often hear people tell them they need a business plan; you can’t live without a business plan. If…
Mobile Applications – Millions of people are investing in the thriving Mobile App Industry but the problem is that they are entering into the industry that is already over-saturated with businesses that are just like the one they envision. The lack of wins in the mobile app industry is due to the availability of a…
Cannabis- The last decade has seen a surge in the demand for legally available cannabis-based products and as a result, the market has boomed. Early movers such as Columbia and Portugal continue to reap the first mover’s advantage and still yield a sizeable market share and the expanding cannabis market in Europe and the rest…
In the coming years, more and more startups are growing with modernization and creativity, which have a large potential to change the world’s economy. Startups can be initiated anywhere, and it’s often the countries with the highest needs that have the biggest opportunities. Startups are at home in underdeveloped countries, nations in a scuffle, and…
Franchise vs Startup Business- Based on history, a struggling economy encourages entrepreneurship. This leads to a significant increase in a new startup business. The decision to start a business usually winds down to either going at it alone or buying a franchise.
Grants are publicly funded schemes. They provide cash awards, free equipment, tools, or reduced costs for providing vital resources to entrepreneurs and small business owners. The cash awards range depends on the scheme and can be from hundreds of dollars to hundreds of thousands.
What is a financial model? A financial model is a tool which is built to forecast a business financial performance into the future. The forecast is based on the company’s historical performance and assumptions about the future. An income statement, balance sheet, cash flow statement and supporting schedules known as the 3 statement model is…
A sales plan is a critical tool which helps set goals and identify where and how work should be done to generate revenue. It is a strategy that helps identify the potential customers, establish goals, and to lay out sales and marketing tactics needed to meet the goal. Sales goal of a company defines what they are trying to achieve and what their focal point of the business is on. Individual goals for salespeople are established based on their skills, knowledge, and abilities. In the sales plan, the potential avenues of contact should be identified such as media advertisement, classified listing, or direct mail.
A lot has been said about the intrinsic value of cryptocurrencies. Critics of cryptocurrencies believe that the concept of digital currencies is not sustainable and long-lasting as they have no intrinsic value. In their opinion, digital currencies have a certain value because the users of those currencies think they have value. Therefore, sooner or later…
How many multinational companies have originated from Pakistan? There may be a few; but not many can name more than two. Google “Pakistani multinational companies” and you would see a list of foreign multinational companies operating in Pakistan. None of those companies originated in Pakistan. Why has Pakistan failed to produce a single globally renowned…