Saturday, January 16, 2016

E-commerce Star-up Business India

Internet has made things fast and lot of people in India prefer online shopping than going to a mall and shopping for themselves. Online shopping is convenient and saves lot of your time and money. You browse through the catalogue of products available online, choose what you like and then place the order. There is lots of online shopping sites exist in India and some them establish themselves as giant retail shopping player and other find way to wind up. You will find all the list of shopping website on Indianonlineshoppingsites.com So there is lots of opportunities for e-commerce star-up business.

In the following article you will find the exact information about how to start-up E-commerce business in India. Such as whats legal procedure and license require to authorize your business with Indian government. Its procedure as well as outsourcing requirement.

How to Start E-commerce Business in India with Flipkart, Snapdeal, Amazon & Legal Pre-requisites, Procedural Pre-requisites and Much More

E-commerce business is one avenue where everyone wants to be today. The sheer potential and widespread it offers can be very good source of startup ventures. In such a case it becomes quite essential that you know the path on which you may travelling in order to foray into e-commerce business. This post will exactly cater to this need of yours.

You can read this post to understand so as to:-

a) How can you startup your own e-commerce business In India

b) What are the Legal Pre-requisites required for the e-commerce business

c) What are the procedural pre-requisites for e-commerce business In India

d) How to sell your products on several marketplace platform like Flip-kart, Amazon, Snapdeal or Paytm etc

e) How to increase your sales by choosing these e-commerce websites

f) How to start your own e-commerce website marketplace and procedure you need to do

g) Can the startup process be outsourced to Third Party Companies or Consultants

How can you startup your own e-commerce business In India

To start your own e-commerce business, you need to first understand the various business models that are available as an option to you. For example, you may:-
a) Sell the inventory to your customers via E-commerce marketplace websites like Snapdeal, flipkart, Amazon, Myntra, Paytm and many others.

b) You may create your own website and sell through that website (Requires more efforts – We will discuss this)

c) Or you may simply yourself become a marketplace and invite other sellers to sell through your website

Whichever option you choose has its pros and cons and requires due study and ground work in light to the products / services you intend to sell. Not to forget, like any startup the journey will have its hiccups and requires ability to even bear losses for some period of time (Most Biggies are in Losses still ! Mind You !)

Friday, January 15, 2016

Why Use A Business Coach? Smart Biz Review!

Building a successful business can be challenging at times, from dealing with daily issues and making the right decisions to keeping up with the best ways to market your business, convert leads into profitable sales and maintain productivity it’s all up to you. Some people turn to their accountant for advice, however unless the issue is a financial one, most accountants are so busy keeping up with changes to taxation laws and their own workload that they rarely have time to assist with advice outside their own expertise.

This is where Andrew can help… Smart-Biz is owned and operated by Andrew Pride who holds various Tertiary Qualifications in areas such as Business Management, Sales, Marketing, Finance and Quality Assurance and has also been PERSONALLY TRAINED and MENTORED by TWO of Australia’s most SUCCESSFUL Business Entrepreneurs over a 9 YEAR period of time! He has worked with almost 400 CLIENTS and this knowledge enables him to provide SIMPLE and INSIGHTFUL ADVICE on almost any area of business you can mention.

The BENEFITS of having a Business Coach… Talk to any top athlete or performer and they will inevitably mention having a great Coach or Mentor behind them… As the world of business moves faster and more competitive, it becomes more and more difficult to keep up with the changes in your industry, not to mention innovations in areas such as sales, marketing, business management, systems, technologies and internet marketing just to mention a few…

On top of this you are probably so close to the daily action that it’s almost impossible to get an objective answer from yourself on issues such as motivating your team or strategically planning the future direction of your business.Sure you can survive in business without a coach, but it’s almost impossible to thrive.Your Coach will help you see the forest for the trees and keep you focused on the game of business. Your Coach will listen to your point of view, tell it like it is and most importantly be there on a regular basis to hold you accountable, encourage you and get you to run more laps than you ever would otherwise… Your Coach will be there to guide you with your marketing, sales processes, systems and team as well as be your business partner, confidant, motivator and friend. Very simply, YOU are the EXPERT in your specific industry or profession, and your coach will show you how to be an expert in the business of business…Andrew’s APPROACH to Coaching…Andrew was one of the FIRST Australian Business Coaches back in 1999 starting out with one of the largest coaching organizations in the world. After rising to the level of coach’s coach and winning various awards Andrew moved on to develop his own strategies to get great results for clients and tackle the common problems they face.Andrew doesn’t use the typical “KICK in the PANTS” style used by some less experienced coaches, for him it’s all about sharing REAL LIFE EXAMPLES on how others have already achieved the same results as you may be looking for in your business. This creates “MOTIVATION FROM WITHIN” as clients are KEEN to make progress on ACTION STEPS that will no doubt get results in their business.

Here is Contact Info

Contact Information

Andrew Pride Consulting

Phone: 905-616-9448

Email: andrew@andrewprideconsulting.com

5 Great Tips to Improve Any Business

Over the past 10 years, I have worked with hundreds of business owners to fine tune their business and achieve peak performance. So here are my

TOP 5 Business Tips for improving any business…

1. Spend 5 hours PER WEEK Working ON your Business – I often tell my clients that if the average business owner spent just 5 hours per week, or say just ONE HOUR EACH MORNING to decide on 3 things to do to improve their business and implement them, they wouldn’t believe what a difference it would make in just 12 months. START TODAY!!!

2. Keep Score and continually IMPROVE your RESULTS – Most people are reactive when it comes to their business… Become PRO-ACTIVE by measuring things like Lead Generation, Sales Conversion Rates, Average $$$ Spend and Profit Per Sale. Keep score of these things and continually look for ways to achieve better results in each area. You will find that by doing so you will create a MULTIPLYING EFFECT on your PROFITABILITY! – Read my article on Keeping Score for more information

3. Build a “SALES SYSTEM” and learn to SELL – Most businesses have no system for achieving maximum conversion of inquiries into sales $$$.. Further more when it comes to sales many people are no more than order takers! By teaching my clients how to build an effective STEP – BY – STEP Sales System, and honing their sales skills its not uncommon for them to increase their CONVERSION RATE by 200% or even 300% and in turn SALES and TURNOVER!

4. Focus on PROFIT more than TURNOVER – It amazes me just how many businesses focus on increasing their Turnover rather than Profits. The fact is that Turnover equals Business and can actually create less profitability through increased costs. The key to a GREAT BUSINESS is to focus on increasing PROFITS, which in some cases can result in less turnover.

5. Surround yourself with GREAT People – The key to a GREAT BUSINESS is GREAT PEOPLE! Just ask Richard Brandon, Henry Ford or any other great business person. They all rate surrounding yourself with great people a major key to their success!

A word of advice I give to my clients is to never employ anyone who doesn’t excite them about what they will bring to the business!If you would like to discuss these or any other ideas for your business.

Click here to find 8 KEY Areas of Business Improvement

Life insurance for small business owners that You would know!

The people for whom life insurance is the most important consideration are those people with dependents and few assets to support those dependents should the worst happen.

This is often the case for business people running their own small businesses. It’s quite common to find that such people are income rich, asset poor as they’re busy building their businesses in as tax efficient a manner as possible. They’re also often the busiest people around and don’t have the time to stop and think about what would happen to their families if something was to happen to them.

In the following article by JON RAMPTON you will find the types of business Insurance you never knew existed in present

5 Types of Business Insurance You Never Knew Existed

Insurance is one of those things that entrepreneurs hate to think about but know they need to have. Operating a small business without proper insurance can lead to big problems if your products cause some sort of harm to consumers or key assets get damaged or stolen. Since launching my small business I have been constantly looking for different types of business insurance. There are so many options out there so I decided to write an article to help everyone out.

Most people know about the major forms of business insurance: general liability, commercial property, etc. Depending on specific industry and business type, business owners might need to supplement general policies with policies aimed to help protect businesses from non-traditional, but very real, risks.

Here are five specific, more obscure types of business insurance that can be very useful both for a budding entrepreneur, as well as the most seasoned small business owner.

Business Life Insurance

Almost every organization has at least one person who is nearly irreplaceable. Especially in a small and growing business, there might be one person acting as CFO, lead salesperson, and hiring manager all in one. Such an employee has built up an incredible store of knowledge and expertise that is difficult to replace.

As horrible as it is to think about, if that employee were to die unexpectedly, it could put the entire business at risk. Business life insurance ensures that if a key employee does die, the company will have the resources required to keep the business afloat, satisfy creditors, and find a replacement.

Read entire post here

This is a fundamental mistake. We need to stop and ask ourselves why we do what we do – driving ourselves on harder each day. If you stop to think about it, it’s almost always the same reason; we’re doing it to help those we love live as comfortable and enjoyable a life as possible thanks to our efforts in business. So it’s crazy, then, that so many small business owners don’t have adequate life insurance cover.
Business and Commercial Insurance

It’s a particularly acute need if you’re still relatively young, growing your business, and earning a decent amount – but you haven’t yet had the chance to build up a protective asset base.

These are the most vulnerable people for whom it’s definitely worth considering cheap term life insurance.

Term insurance differs from life insurance in that it’s for a set period – as the name implies. In this way, the life insurance rates are cheaper as the cover is for an agreed period. This may be designed to cover a period of financial vulnerability in your life, for example, if you’ve made a major investment in your own business – or if you just want the chance to have a little breathing space while you build up your asset base but want peace of mind should the worst happen.

Either way, you really need to consider life insurance. Always seek independent professional advice first – and be completely open and honest with an advisor and s/he should be able to steer you in the right direction.

Image Credit enhancedinsurance.com

Find more Tips about >> 8 key Areas of Business Improvement post here

8 Key Areas of Business Improvement…!

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8 KEY Areas of Business Improvement By focusing on these 8 Key areas of Small Business Improvement in a logical sequence we can identify significant opportunities for Increasing TURNOVER, PROFITABILITY, and PRODUCTIVITY with minimal investment in Advertising and Promotions.

The result is a LESS STRESSFUL business that makes MORE MONEY and RUNS SMOOTHLY while giving you FREE TIME to focus on more important issues or just ENJOY LIFE.

Here is an overview of the 8 Key Areas of Business we Focus On…All great journeys start with a plan, so in this initial phase of your Coaching Program we will discuss your PRIORITIES for your Mumures business with you and help you get clear on some simple goals for the future.

We will also take an in-depth look at KEY AREAS of your business to identify untapped potential and propose appropriate Action-Steps for the future. From there we work with you on a regular basis each step of the way to help you implement your plan and make the changes you need to in your business.Many people fail to keep up with the most effective ways to market and promote their products and services or new technology such as social media, web based marketing and Search Engine Optimization.

In fact many small businesses don’t even know where to start so they continue to slip behind year after year while their competitors grab market share. This is where Smart-BIZ Coaching can help you understand which marketing will work best for your particular business and point you in the right direction to get solid results. We can also connect you with the right hand chosen specialists to help you with the parts you don’t want to tackle yourself.By creating a powerful Unique Selling Proposition (USP) for your business to convey the right messages to your prospects you will begin to deal with a better level of customer who understands the value you offer and is willing to invest good money on your products and services. We can also show you a range of ways to keep these customers coming back more often to spend more money with you each time they do.

The result is increased turnover and profit for every month which over a year or more can become quite substantial.The typical small business we meet converts less than 50% to 60% of its leads into sales. By developing an effective Sales System which provides appropriate inquiry paths and processes for the different types of DiSC Personalities a business encounters every day, you can literally start to “‘Funnel” leads straight through to sales at much higher conversion rates and profit margins than ever before. Imagine what it would mean to your income if you were able to convert 80% or more of your leads into sales at close to full profit margin!Cash-flow and Profitability are the Lifeblood of any business and the fuel it needs to prosper and grow. We have some great tools to help you understand your financials in simple terms (No Accountant Jargon) and set clear financial goals for the future. We can then help you to track your progress while we focus on increasing margins and generating the the highest profits possible for your business.

Systems and Technology are the KEYS to a smooth running stress-free business. We can show you how to implement Simple Systems to get things run smoothly and ensure that problems get corrected effectively. By doing so you will no longer need to be the System people rely on to know what to do each day. We can also show you a whole range of web/cloud based technology and software packages which are simple to use and allow you to manage your business and access task critical information from anywhere at anytime. Imagine freeing yourself up from the paperwork monster and hassles most small business owners struggle with and being FREE to work ON your business or just enjoy yourself a little more.

In the following article by Sherrie Campbelld, you will explore the top 10 habit that help you to build your dream business.

10 Success Habits That Will Dramatically Improve Your Business

In order to achieve success, you need to adopt the habits that will drive you to the top. Successful people strongly believe in something and are driven to manifest it. Their path is so strong that it keeps them true to their ideas and principles, despite the inevitable times of adversity and disagreements.

Financial gain is not the sole definition here. “Success” means a deep commitment to the pursuit of the fullness of life. Along the way, the following ten habits of success will serve to improve all areas of life, both personal and professional.

1. See the value in every detail.

To be successful, emphasize the results of your actions. Pay attention to each action as you strive for success and invest meaning and value into each step.

Any action lacking a clear purpose leaves you vulnerable to reacting to unexpected challenges. So, make a habit of directing each detail of your business toward your larger visions and goals. Train your mind to do the things that are especially hard and challenging.

When each detail has value, you have control over making it bold, determined and full of purpose. It is through this detail that you carve out your own personal fulfillment.

2. Practice mental clarity.

Avoid getting bogged down in mental tasks. Learn to make quick and conclusive decisions. Mental clarity makes it easier to see which decisions bring you closer (or take you further) from your goals.

Before altering a decision, however, carefully consider the pros and cons of any change. Impulsiveness may lead to disaster. Any time you change a previous decision, use the opportunity to learn what needs to go better next time, and further clarify the details that will meet your standards.

Making decisions quickly and changing decisions intelligently leads to balance.

3. Listen by sensing messages, not just hearing them.

Listening takes a tremendous amount of self-control, to not only check your own impulses for getting what you want, but also analyzing those you work with to understand what is really being communicated.

Make a habit of paying less attention to the surface messages people convey and instead listen for what is underneath.Tune in to your gut to “sense” other people’s emotions and feelings. Most of what they communicate is nonverbal. Truth is often expressed through body language, tone of voice, eye contact and touch.

Without the discipline to listen and sense the underlying messages, you may derail your success and see it get “lost in translation.”

Read more here

People are a big investment for any business so it makes sense to know how to find the right ones and be able to get the best return from your wages bill. Smart-Biz can show you the steps you need to take to not only attract and keep the right people for your business, but also become a GREAT LEADER and have them performing at maximum productivity with minimal mistakes.

Once you have mastered the previous seven areas of success in your business you will have created something that is well worth growing and expanding upon and Smart-Biz will be there to work with you on developing the right plan of action to do so, whether it be via Franchising, additional outlets and employees or a range of other methods we can explain the pros and cons of each and help you proceed in the most suitable manner.