Wednesday, February 27, 2019

small business ideas for women

small business ideas for women


Govt must facilitate women entrepreneurs: Karandaaz head - The News International

Posted: 26 Feb 2019 04:13 PM PST

Govt must facilitate women entrepreneurs: Karandaaz head

KARACHI: The government must facilitate new businesses, especially women entrepreneurs, who face a lot more hurdles compared to men, Aban Haq, head, Karandaaz Innovation said in an interview with The News.

Karandaaz was engaged in finding financial solutions for smaller businesses and SMEs, mostly with the use of technology. "If we promote mobile banking, people living in far-flung areas, will have access to it," she said.

Aban Haq overlooks matters related to the financing of women entrepreneurs.

She said finding financing for the SMEs was not an easy task, as around seven percent financing of the major banks goes to the small and medium businesses. However, she said, women-led businesses were getting even lower finances.

Karandaaz is supporting women entrepreneurs since 2017 with direct support, loans and indirect support, which was finding funding resources for them. "They need help and free of cost support, they can get funding from Karandaaz," she said.

In 2018, Karandaaz provided 36 businesswomen with funding, of which 10 received Rs20 million each.

"Initially, we received responses from women in major cities, but now we want to reach the larger population," she said, adding that Karandaaz supported businesses led by women with at least three years of experience, with an NTN number.

Haq said they focused on businesses that created jobs for women. "We do track those businesses as well," she added.

With the support of Karandaaz, 500 SMEs have received funding so far, of which number of women entrepreneurs was 54 or around 10 percent only. They share risk of bank loans with these businesses.

Besides funding, Karandaaz supports businesses in human resource policies and provides technical support.

She said tax laws were the major hurdles being faced by the entrepreneurs in general and women entrepreneurs in particular. "At the federal and provincial level, there is no collaboration between the tax authorities, several issues are not clear especially in ecommerce businesses," she said.

"If you want to promote entrepreneurship, they need to be supported."

Talking about the startups, she said start-up eco system faced weaknesses, as start-up ideas were being stolen. "Investors in startups should focus on growth of business, not just return. Innovation should be supported," she suggested.

She said announcements of reform policies at the top would not have bigger impact without being replicated at the ground level as well.

Karandaaz Pakistan is a not-for-profit company established in August 2014. It focuses on fostering economic growth and creating jobs through financial inclusion of unbanked individuals and un-served enterprises, with a special focus on women and youth.

Karandaaz Pakistan receives financial support from the UK's Department for International Development (DFID) and the Bill & Melinda Gates Foundation (BMGF).

Upcoming Workshop Focuses on Voice of the Customer - Small Business Trends

Posted: 23 Feb 2019 10:33 AM PST

Because of the way in which consumers can now interact with the companies they do business with, listening to their voices is extremely important.

The  so-called Voice of the Customer (VOC) remains an excellent way to collect feedback consumers share about their experiences and expectations from a brand.

Listening to the Voice of the Customer Workshop will teach you how you can use VOC research to accelerate your marketing efforts.

The workshop has a live and interactive format to build skills you can use in the real world with hands-on activities and practice exercises. This includes exposing participants to the latest techniques using machine learning and journey mapping as well as access to online VOC toolkit of job aids, templates and knowledge resources for completing a VOC project successfully.

Some of the topics of the workshop include identifying the right customers to interview, selecting the best research methodologies, analyzing customer interviews to extract customer needs, using quantitative methodologies to prioritize needs for product development, and more.

The training workshop is going to be held on October 16-17, 2019 at the University Club of Chicago.

If you click the register button and enter Discount Code SMALLBIZ you will get $100 off.

Register Now





Featured Events, Contests and Awards

Social Media Marketing WorldSocial Media Marketing World
March 20, 2019, San Dieg, Calif.

Discover the best social media marketing techniques from the world's top experts. Experience three phenomenal days with the best social marketers, discover the latest tactics, and master social media in 2019. Join 7,000 fellow marketers and influencers at the mega-conference designed to empower you with business-building ideas — brought to you by Social Media Examiner.


Elevate Your Digital InfluenceElevate Your Digital Influence
April 13, 2019, Issaquah, Wash.

Are you ready to grow your business? Join us and learn how to put together a PR plan and leverage what you are doing on social to grow your level of influence. Are you ready to be a leader in your marketplace? #ElevateYourDigitalInfluence


Listening to the Voice of the Customer WorkshopListening to the Voice of the Customer Workshop
April 23, 2019, Boston, Mass.

Join Applied Marketing Science (AMS) for the next open-enrollment session of "Listening to the Voice of the Customer," our acclaimed training workshop, on April 23-24, 2019 at the Sheraton Boston Hotel located in the heart of downtown Boston. Led by veteran product development and market research experts, Gerry Katz (AMS Vice Chairman), and John Burns (AMS Principal), this course will introduce Voice of the Customer market research and teach you to use it to accelerate innovation in business-to-business markets.
Discount Code
SMALLBIZ ($100 Discount)


Beachpreneurs Beach Camp 5Beachpreneurs Beach Camp 5
April 26, 2019, Daytona Beach, Fla.

For starters, we're for Women Entrepreneurs only. During Beach Camp, you'll have plenty of opportunity to learn, apply and mastermind with warm successful women.
You'll also have time to sleep in and you'll get long breaks to relax and walk the beach or go for a swim. We didn't create a conference at the beach just to lock you away in a conference room from dawn til dusk. Beach Camp is a lifestyle focused event so you'll be spending as much time enjoying your life as you will be focusing on your business. Join us today!


Listening to the Voice of the Customer Listening to the Voice of the Customer
October 16, 2019, Chicago, Ill.

Led by veteran product development and market research experts, this course will introduce Voice of the Customer (VOC) market research and teach you to use it to  The workshop uses a lively, interactive format with numerous hands-on activities and practice exercises to build skills and will also expose you to the latest applications of these techniques in areas such as machine learning and journey mapping.
Discount Code
SMALLBIZ ($100 Off)


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This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends.

You can see a full list of events, contest and award listings or post your own events by visiting the Small Business Events Calendar.

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Berger on wine: Wine business growing more difficult - The Santa Rosa Press Democrat

Posted: 26 Feb 2019 04:24 PM PST

There's an old, well-known saying: "If you wanna make a small fortune in the wine business, start with a large one."

The statement, which now is a cliché, has never been truer — except for families that got into wine 50 or 100 years ago, never intending to make more than a hard-won living or feeding a passel of kids. They face fewer headaches.

In the past three decades, wine has become a deep-pockets game. Just how deep is often a shock, even to very wealthy people. If they look into the real costs of making fine wine on even a modest basis, they'll quickly realize it could be a lot worse.

Imagine investing huge sums on land, buildings, vineyard development, staff personnel, marketing, equipment and sales strategies, then realizing it will be about six years before you have anything to sell.

That's why wine industry business plans are hard to understand, notably if someone assumes they can be analyzed by traditional Wall Street formulae.

How do traditional business plans (and income tax returns) for firms specializing in shoes, tax services, software and vegetables compare to plans for products that start out life making zero profits for six years?

Except for startup pharmaceutical houses and a few other "long lead-time" companies, wine is like few others. Imagine trying to depreciate a press that may be nonfunctional before the first wine is ready for sale.

And just try to predict what the next hot item will be. Almost a decade ago, virtually no one saw that sweet, sparkling Muscat was a fad so hot it would shock all the industry "visionaries."

No one was prepared for the demand for this "pop" product that led to many dozens of "moscato" knockoffs and to an instant shortage of the once-disparaged Muscat grape. The tipping point? Rap artists commenting on moscato in their "songs," of all things!

And about as fast as it developed, the "moscato" fad ended, leaving an array of problems for many wineries (unsold inventories) as well as growers.

A recent (193-page) issue of Wine Business Monthly was dedicated to a review of the industry, with a fine introduction to the subject by editor Cyril Penn.

The article has lots of facts, new data and expertise on current trends in wine marketing straight from the lips of industry leaders. Much is based on demographic analysis.

One major point: U.S. wine sales grew only 1.2 percent last year, which would be good news except for the fact that in the last three decades growth has averaged more than 3.5 percent annually. This poses headaches for many medium-sized wineries that were planning ahead 18 months ago.

Assume a winery had small increases in production in the last decade and in planning for 2020, it made more wine in 2018 than in 2017, projecting at least 3.5 percent growth.

With 4 percent more wineries in 2017 than in 2016, the additional wine made by existing wineries in 2019 faces greater competition at home, not to mention from imports, which now represent more overseas wine here than ever before.

Will all this erode retail prices? Are any price reductions sustainable at wineries that now are stretched to the breaking point by other market forces (such the costs of sales, escalating salaries and benefits, and smaller margins)?

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