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Importance of having a business plan for starting and running a business


If you are currently in the process of starting a small business, the first important thing you should keep in mind is a small business plan. Each year, because of a variety of reasons a large number of individuals plan to start a business. Yet despite the desire and motivation to run their own business, many [...]

[ More ] February 13th, 2010 | No Comments | Posted in Basic Entrepreneur

A Study the Strategies Issue in Indian Banking Sector

1.0 INDIAN BANKING SYSTEM
A banking company in India has been defined in the banking companiesact,1949.as one “which transacts the business of banking which means the accepting, for the purpose of lending or investment of deposits of money from the public, repayable on demand or otherwise and withdraw able by cheque, draft, order or otherwise.” Most [...]

[ More ] December 24th, 2009 | No Comments | Posted in Basic Entrepreneur

Competitive Replacement Program – an Untapped Golden Nugget

Ask 20 people what their approach to competition is and you will get 20 different responses. Most statements about the topic of competition are expressed with bravado or fear.

It floors me that most firms, large and small, reference the competition and then do little to nothing to actively deal and cope with it.

I could [...]

[ More ] December 18th, 2009 | No Comments | Posted in Basic Entrepreneur

Why Plan a Simple “straight-line” Home Business?

Why Plan a Simple Straight-Line Business
 
Thinking outside the box is good for the brain, the home business entrepreneur, and divergent channels for new discoveries.
Associative thinking or lateral thinking brings in diverse elements from different concepts and philosophies. Your creative brain then rationalizes how all these parts fit together. And the result is a multi-faceted, diverse, [...]

[ More ] November 22nd, 2009 | No Comments | Posted in Basic Entrepreneur

GENERAL KNOWLEDGE Pt. VI

WHAT’S THE DIFFERENCE BETWEEN A LAWYER AND A BARRISTER?
A lawyer is a person who practises law; one who conducts lawsuits for clients or advises clients of their legal rights and obligations. A barrister is a legal practitioner whose main function is to practice advocacy in court. They often have less interaction with clients. Barristers spend [...]

[ More ] November 17th, 2009 | No Comments | Posted in Franchise business
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