Latest 2020 Update: Innovation Statistics & Facts | Alcor Fund
Do we really need Innovation Statistics? Why would statistics of something immeasurable be needed? Yes, It’s SIGNIFICANT. Statistics inform us about what’s happening around the world. It compresses the whole information in numbers. Innovation is difficult to measure. But it MATTERS in today’s fast-paced world. And what matters in the business market needs […]
Bargaining power of buyers | Porter’s Five Forces Analysis
The essence of strategy formulation involves competition. Yet it is easy to view competition too narrowly pessimistically. You might have heard executives complaining that rigorous competition in an industry is neither bad luck nor a coincidence. Moreover, within the fight for market share, competition isn’t manifested only within the other players. Instead, […]
What Is Bargaining Power Of Suppliers And How Does It Affect Your Business
In the airline industry, only two significant suppliers exist. Airbus and Boeing control the fuel prices. Thus, the bargaining power of suppliers in the airline industry is very high. A strong supplier may affect the profitability and quality of products. It may force companies to raise prices. It is one of the forces […]
10 Best Businesses To Start With Little Money And Secrets Behind Them
It seems that there’s no shortage of online business ideas. Let’s dip into the facts to know more about the best Business to Start with little money. According to hostingfacts.com, there are 966 million websites within the globe today and Word Press alone is in charge of over 76.5 million blogs. Michael Dell’s […]
An Easy Roadmap to Create a Successful Software Startup
There has never been a better time to build a software startup — whether it is SaaS or custom software. Technology and software are becoming an integral part of our lives. A great way to start a business is to get an idea! Millions have an idea. But they were not able to execute it […]
How To Become An Entrepreneur- Steps And Tips Involved
Ever dreamed of being your boss? This may sound awesome but it’s also incredibly difficult. How difficult? So, as far as I have observed 75% of startups fail. That’s because, when you’re responsible for the bottom line, every setback falls on you. But If you’re aware of the steps and tips and […]
Step-by-Step Process to Create the Perfect Brand for Your Startup
Suppose you have had an idea for a profitable business. In that case, chances are, you have probably resorted to some freelance site. Or you had a friend with Illustrator draft up a couple of concepts for you as startup branding. Suppose a startup decided to hire an agency to help them define their […]
How to Successfully Overcome Barriers and Finish Your Projects Smoothly
The law of inertia tells us that a body in motion stays in motion. The same goes for finishing projects and that thing you stopped working on to read this article. When you interrupt a task, finishing projects can be a challenge. We are interrupted nearly every three minutes. This is according to Gloria Mark, […]
Ideation: Tools, Purpose & Methods
IDEAS. A small word with Four letters. But creates a big impact on the world. Ideation is a creative process of generating ideas and opening the mind of great thinkers. The process of ideation has evolved over a period leading to the creation of Ideation tools. Ideas are messed up in our minds, the […]
Strategic Statements- Definition, Elements, Implementation And Examples
To understand strategic statements let’s go through a scenario. Have you ever faced a situation wherein your clients tell you that you don’t have a clear idea of what they hope to accomplish with their business? Or if they do have a clear idea, it’s not written down. Sound familiar? That’s why I […]
