How-to - Archives

Undertake Cost-Effective Market Research

Market research is effective in determining the target segment, market size, market trends, customer perceptions, pricing strategies, etc. which equip companies for better customer acquisition …

Manage Your Restaurant Inventory

Restaurants in India are typically guilty of not tracking and managing their inventory efficiently enough. This is particularly true of small and mid-size operations that …

Reduce Labor Costs Without Retrenchment

Maybe it was a joke then, but for last couple of years, this was a serious question which most HR managers asked each other. At …

Set Up an Industry in Gujarat

The Industrial Extension Bureau (iNDEXTb) is the single point contact organization of the Gujarat government. This makes it easy for an entrepreneur to set up …

Write a Business Plan – Part VI

Yes, this section of your business plan will focus on your product’s design and development. The aim here should be to give your investors an …

Hire a Sales Force

Hungry to sell
The sales personnel you hire should be hungry to sell, believe in your product/service and be as eager as you to sell it. …

Get Venture Capital Funding – Part VI

Another pitch? Yes, that’s right. Once your company has been combed over fully by the diligence team, there will be a full partner presentation. What …

Select the Best Compensation Package

A competitive compensation package will make your startup a hot place to work in.

Salary
The base salary has to be in line with the market vis-a-vis …

Use LinkedIn for Business

While LinkedIn is yet to catch up with Facebook in terms of active interaction and user base, it still has its merits for the entrepreneur. …

Set Up a Medical College

There is a huge dearth of medical practitioners in the country, and the demand for specialized courses to develop these skills is at an all-time …