Small business financing is a factor that has a tremendous impact on the growth of the economy. Unfortunately, at the moment, SME financing in India is less than ideal. And today, in the light of the crisis facilitated by the COVID-19 pandemic, this problem has become even more poignant. Providing small and medium enterprises with the funds they need to get through these trying times can make a difference for the future of the country as a whole. Global SME Financing and Its Impact on the Development of Countries First…
Read MoreCategory: Self-Help
Self-help or Self improvement is the key to success
What Should Entrepreneurs Do To Make Better Business Decisions
One of the best childhood lessons from old fables that still holds true is that ‘Money makes more money’ But in spite of this being an altruistic truth, entrepreneurs at times struggle to make the right business decision regarding investments and expenses. About where to put our money so that it grows further. For a moment, go back in time to recall what was the first big investment you did in your business? How easy or scary it was? Do you still feel good about it or think it to…
Read MoreLygometry – A New Perspective Of Measuring Operational Progress
As part of our endeavour to add value to the lives of our readers through meaningful and compelling articles, we are sharing the detailed concept of Lygometry. It can prove to be very beneficial for everyone including entrepreneurs. Let’s have a read! What is Lygometry? Lygometry is simply defined as a process of measuring things that we know we don’t know. It is a fairly new concept that’s coined by Amin Toufani, former chair of Singularity University. Some things that we know we don’t know include: what’s beyond observable universe?…
Read More7 Demanded Types of FinTech Software
Digital technologies have brought things like electronic currency, secure contactless payment methods, and computer automated investment platforms aka Robo-advisors to common use. Today, people prefer their transactions to be prompt, burdensome, and safe. That is why many financial sector projects endeavour to involve the clients and increase their retention by going through data digitization. This is where digital agencies, like zoolatech.com, can deliver a working solution. In this post, we are to cover the most popular finance categories and software you can build for each of them to ensure the…
Read MoreMajor Components Of An Online Business That Are Typically Overlooked
As a business owner, your main focus is on the customer and how you can meet their needs. Whether it’s providing an easy checkout process or adding a variety of products for them to choose from, the whole point is to get customers to shop with you and to ideally become repeat customers. In order to meet the needs of customers, you have to get to the root of what customers want from their shopping experience… they want to know that they’ve received a quality product. According to the E-Commerce…
Read MoreCUSTOM SHOPPING CART DEVELOPMENT: EVERYTHING YOU NEED TO KNOW
Can you imagine a supermarket without carts? When it comes to purchasing online, shopping carts perform more functions than simply carrying the products. It stores the products you wish to buy and the information about them including product category, price and order options description. The cart also serves as a gateway to the checkout screen, calculating the total cost of the purchase. Besides, it guides the buyer towards managing orders, catalogue, and customer’s account. To put it simply, a shopping cart is what transforms “I am just watching” into “I’m…
Read MoreOODA Loop – A military technique for Entrepreneurs
In such a fast changing world, evolving technological landscape and rapidly growing business environment, the only way for entrepreneurs to stay relevant is to execute faster. Agility is proving to be as important in business as any sport. And companies who fail to iterate and innovate faster will perish in no time. So how to do that with minimal risk, swiftly and effectively? This is where the OODA loop comes in picture. OODA (Observe-Orient-Decide-Act) is a famed military strategy that was developed by John Boyd. Boyd applied this…
Read MoreHow to Get Quality Product Images?
The unique illustrations and photographs used wisely are useful not only for users but also for SEO. With the right approach to image optimization, you can get high-quality traffic. To avoid routine and monotonous work with image optimization, many modern companies prefer using product photography service that became so common for the western eCommerce market. Why spend a lot of time and allocate the special person for the work that can be done by somebody else and what is more important – remotely. The importance of the original eCommerce photos…
Read MoreClose More Deals By Using Game Theory
Closing deals is not just a simple transactional game, it involves a lot of factors that influence the decision of the buyer at every stage of the sale cycle. That’s why Game Theory works best here as it lays out all the possible actions and their outcomes in front of you before they even happen, giving you the edge to perform better and increase your probability of closing the deal. There are a few elemental procedures that can improve your shot at getting what you want. Game theory will prepare…
Read MoreTop 15 Motivational Documentaries for Entrepreneurs 2020
Documentaries for Entrepreneurs. What you read and watch has significant role to play in your progress. If you are a hustler, then these documentaries are a must watch for you. You would learn the secrets, lessons and mantras like no other. Inside Job (2010) This documentary outlines a series events that led to the global financial meltdown of 2008 which caused millions of job and home losses and plunged the United States into a deep economic recession. Matt Damon narrates a documentary that provides a detailed examination of the…
Read More