Tuesday, March 12, 2019

small scale business

small scale business


Women Entrepreneurs and Business Ideas - YourStory.com

Posted: 12 Mar 2019 12:50 AM PDT

Let us not segregate the business ideas based on gender. As I have seen, problems faced by women entrepreneurs are same the one faced by men entrepreneurs.

As we are talking about ideas let us see the problems that entrepreneurs face in terms of ideas. Idea is the foundation to your self-employment. When you are hit by the right idea then things get going. Here, it is to be noted that right idea need not mean the one which is near and dear to you. Neither, I refer the one that is out of your area of expertise or area of interest.

The right idea refers to an idea that has both market validity and has personal interest and expertise of the entrepreneur. Although the last resort is contacting business consultants, let us look some of the ways to arrive at the right idea.

Feasibility here is an important term in entrepreneurship when we talk about ideas. Feasibility of the idea will depend on demand of the product, the market, transportation, distribution channel, and cost of production and may other factors. It is only when most of the factors align that the idea becomes feasible.

There is no point becoming a Spiderman when you do not have tall buildings in the vicinity!

So hit on the idea that has market validity and could get your personal touch.

Next step is looking for the loophole area. If you are planning to launch as entrepreneur in an industry then study the industry well. Try to detect the area where least work has been done. Just as a thesis writer!

Be honest to yourself. Chalk out the strength and weaknesses so that you don't land up playing against your weakness. Before starting off as an entrepreneur make sure you are well aware of the strength and weakness you have.

What you like?

As I have mentioned above that a larger part of the right idea comes in the question what you like? This could be measured from the areas you are good at. For some entrepreneurs these two may be different concepts. Is it teaching, giving advice, software, food, cafes or medical treatment? The options are endless.

You are the boss here!

Sometimes, it may happen that you are unaware of the skill and talent you have. Our family and friends tend to know us better. A good way of knowing it is to ask them.

Find out what else has to be learned in order to get your idea in the market. You may need to get training in what you are thinking to pursue as an entrepreneur.

Why not go through some of the ideas now? These ideas are especially picked up for you. Keep in mind these ideas have got nothing to do with gender, at the end of the day. You can do anything you want, provided you have a thorough market research done.

Writer :

If you think your kind of business is the one that can be operated from home then being a writer is the best option possible. If you have a flair for writing set yourself as freelance writer. Later on you can start to send out projects to junior freelancers.

Graphic Designer :

You can start off as graphic designers. In India there are short terms courses on graphic designing. With digitization catching up the market like wild fire, graphic designers get placed well. You can also take up freelancing projects.

Teacher :

If you think corporate timings are not your thing and you are good teacher then set yourself up a coaching center or a small school.

For more business ideas get in touch with business consultants.


Boutique :

Opening a Boutique is the first thing that comes in any woman's mind. Even though there isn't any lack of boutiques in any city, the customer base of such stores keep increasing every day; as customers want better quality and variety in the types of clothes and accessories they wear.


Beauty Parlour :

This small business only needs a little investment on training, quality products and basic equipment. One can easily turn a spare room into a cozy beauty salon. This beauty business suits women of every age.

Gift Shop :

No prior experience is required in setting up a gift shop business. Everyone knows what to expect in a gift shop, so order things from a trusted dealer accordingly or search the Internet for latest gift items and build up your stock in your store to sell.


Bakery :

Bakery products have gained popularity among Indian consumers. In today's complex and competitive food industry, growth comes through innovation. Selecting the right product and proper marketing strategy are the major deciding factors in getting success in the bakery business. This is one of the most profitable small scale business ideas for women entrepreneurs.


Form filling or Data entry :

There are data entry jobs, wherein you should refer the internet for filing the forms. Here you can earn a certain amount of rupees from each form and so you will be paid on the basis of the number of forms.


Jewlery Making :

A person who is crazy about jewelry and passionate to handle crafts materials like beads, charms etc. can start a jewelry making business. Having some training in jewelry making is essential in starting this business with a small investment.

Selling Online :

Selling online is another option. If you are passionate about a given class of products, such as fitness paraphernalia, you will have great success. There is plenty of money to be made.

A lot of us have a fascination with custom-made jewelry, but very few know how to make it. If you are among the select few, you could open an online custom jewelry store. Online beading stores are a variation of this.

If you have the power to transform a face with your makeup skills, why not share them? You can even sell your own makeup. This is a newly developing and very interesting niche.

Other Miscellaneous Business Ideas

Apart from these women can join up with the banking sector as earn money by becoming an insurance agent. They can also be agents to sell cosmetic and branded plastic cooking utensils like Tupperware. Women can also open up home tuition in the field she is expert in. She could teach subjects or open a music, dance or an art class. 

Smart working for small businesses - Limerick Post

Posted: 12 Mar 2019 07:10 AM PDT

THE SMALL Firms Association, along with Vodafone Ireland is bringing their free 'Smart Business' regional workshop in Limerick next month to help businesses grow, scale and succeed in a changing business environment.

The workshops will enable business leaders to have a conversation with HR, business growth experts and peers about the challenges faced by SMEs and to help them stay competitive through smart working practices.

Advertisement

The breakfast event will take place at the Bank of Ireland Workbench on O'Connell Street on April 3 from 7.30 to 9am.

Treasa Doran, Head of Small Business at Vodafone Ireland, said that last October, Limerick had the highest number of jobs announcements ever, highlighting the importance of attraction and retention in enabling Limerick businesses to scale their operations.

"However, we are aware that not all SMEs have access to the knowledge and solutions required to take advantage of initiatives such as smart working. I would encourage all business owners or managers in the area to sign up to the workshop and take advantage of this knowledge sharing exercise."

The 'Smart Business' series coincides with the recent launch of Vodafone's industry report which considers the challenges and opportunities of smart working for SMEs in Ireland.

SFA Director Sven Spollen-Behrens said that 57 per cent of Limerick's private sector employees work in small firms and those businesses would have the opportunity to see remote working in action at the Limerick Workbench.

The 'Smart Business' workshop will also highlight the benefits of smart working and address the fears and concerns that small businesses may have".

Those interested in the event, who also have the opportunity to win a new smartphone, can register for the free event at http://ie-mktg.vodafone.com/open-conversations

Additional content on smart working is available at
Vodafone.ie/business

The business tech that helps SMBs compete with enterprise companies (VB Live) - VentureBeat

Posted: 11 Mar 2019 04:03 PM PDT

Business technology helps SMBs personalize prospect and customer relationships, accelerate business workflows and processes, and exceed customer expectations while boosting sales growth. Learn more about how technology is transforming the way SMBs do business, in this VB Live event.

Register here for free.


When you think "leveraging technology as a way to dramatically improve business workflows," you tend to picture digital systems of the Oracle and SAP type, which involve complex, multimillion-dollar, years-long implementations and creakingly slow deployments. In other words, the kind of resources small businesses just don't have.

It's important to overcome the perception that digital transformation is too complex or unnecessary for smaller organizations. Fast-growing companies sometimes wait too long to invest in technology initiatives. But business technology has been democratized, and it's available to businesses of every size.

Small business-sized technology can offer tremendous reduction in workflow friction — which is one of the best ways for any company to not just compete, but to grow. Speed and agility are absolutely critical to any company, but particularly for small businesses. The right technology tools, such as those that enable digital transactions can remove the friction and complexity of doing business manually.

That means you can streamline your business, boost your customer service, improve how your partnerships work, and make internal operations a breeze for your employees, freeing them to do the work that matters most to your bottom line. Embracing small business technology also frees up resources, which can be put toward other business initiatives.

Implementing tech, SMB style

Now that software services have been shot into the cloud, they can be deployed easily, without the help of a dedicated IT staff. And because small-scale deployments can be implemented faster, requiring less selling across departments and making it easier to vet and acquire solutions, your business can start seeing gains sooner.

Testing becomes a matter of designing a use case, deploying it fast, and deciding if it works for your company, before you move on to another solution, or embrace it wholeheartedly and deploy it company-wide — for instance, e-signature tools.

Make sure you build a process that can scale as you grow — and fast-growing companies should adopt digital transaction tools as early as possible to build processes that are bulletproof from the start: If you design your strategy so there's no manual involvement, and build your processes correctly right from the start, you'll be able to scale seamlessly.

If you have a good process and then enable that streamlined workflow with digital tools, communication is more transparent, timely, and accurate, and you can get the most from your interactions with partners and customers.

Customer-facing technology levels up

Companies often put off customer-facing system overhauls because internal processes can often feel more urgent. But when it's time to tackle your business's digital transformation, you should be starting with customer-facing systems and using those processes as a blueprint for your internal systems. Why? Because ensuring that your customers have the most seamless, engaging experience offers the most immediate results, which directly impacts your bottom line.

Sales is the killer use case for technology like automated document-based processes. Implementing a seemingly simple initiative like eliminating printed contracts and wet signatures in favor of e-signatures can slash the time it takes to finalize most contracts. And obviously, when you eliminate delays in the sales cycle, you make customers happier and you boost your revenue, and your growth. Because if your customer can get a transaction finalized quickly and seamlessly, they'll leave happy — and be happy to come back. That means major competitive advantages, from a relatively easy business technology upgrade.

Business partnership boosts

Growing companies rely on partnerships to build their resources and expand their reach. Redesigning your partnership workflows by leveraging small business technology makes you a better partner. Digital communication technology offers efficient, dramatically more secure ways to interact with other businesses, for issues from change orders and master service agreements, to compliance documents, IP licensing, nondisclosure agreements, and more.

It can reduce approval processes, slashing unnecessary steps, help you keep track of the paperwork and the communication floating through your network (and let you know where you need to step in to push things along) and offer faster turnaround times, which means more efficiency, a better competitive advantage, and more finished projects faster — which makes for a satisfying ROI for your digital investment.

Transform internal operations

You need to be agile — and that happens when you stamp out manual workflows, procedures that rely on paper, and the ancient method of taking data from one system and rekeying it into another. When you implement technology to accelerate processes things like billing and collections, while actually reducing errors and manual mishaps, you see immediate financial results.

But there are sticklers for the old ways, folks who cling to their work habits, so transforming internal processes can sometimes mean the need to push against a certain amount of resistance. The best way to combat that is choosing a test project that offers a quick and easy win — something brutal, like the eternal onboarding of new hires, can be simplified significantly. You also have to be clear and keep communication channels open at every stage — from idea through implementation and learning — to get everyone on board, and keep them there.

Start your digital transformation journey

Digital disruption is a thing, and it's creating new opportunities in every industries. The lucky thing is that smaller companies that stay agile can have a major advantage, and be able to take advantage of those shifts more quickly and to greater effect. Designing good processes early on, and implementing technologies that help make those processes more scalable, can give small businesses the edge over more established competitors.

It's time to design a road map of small digital transformations you can bite off to drive big improvements — they're the changes that are going to propel your business forward, and they're easier to implement than you think. For a look at the business technology that can help your small business keep growing, and how to design your own digital transformation strategies, don't miss this VB Live event!


Don't miss out!

Register here for free.


Webinar attendees will learn:

  • How to deliver success across the entire customer lifecycle from lead to retention
  • How to configure, price, and quote complex deals, fast and efficiently
  • How to accelerate business by closing deals with instant sign-offs on agreements
  • How customer-focused organizations win business with personalized experiences

Speakers:

  • Katie Foote, Vice President, Demand Generation for Small Business, Salesforce
  • Dave Simon, Vice President, Small Business Sales, DocuSign
  • Stewart Rogers, Analyst-at-Large, VentureBeat
  • Dave Clark, Host, VentureBeat

Sponsored by DocuSign

CCC holds marijuana listening session at WNEU School of Law - WWLP.com

Posted: 12 Mar 2019 04:06 PM PDT

SPRINGFIELD, Mass. (WWLP) - Members of the Cannabis Control Commission held a listening session Tuesday at the Western New England University School of Law.

The listening session was held to get input on possible revisions to regulations governing adult use marijuana in the state.

One man looking to obtain a license for his business told 22News what he hopes to see within the retail pot industry here in Massachusetts.

Eric Schwartz, Co-Founder of Farm Bug Cooperative, told 22News, "A freer market place quite honestly. I think that what we've seen, particularly for our organization, is a lot of restrictions at the local level. These restrictions make it extremely hard for small scale businesses to get up and running."

Among the topics addressed, marijuana home delivery and consumption of pot in designated establishments similar to cigar bars were in discussion.

No comments:

Post a Comment