Category: Process & Business Expansion

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Business motivation Process & Business Expansion

Hiring a Business Coach? Here are 5 Key Reasons You Should ASAP!

Five Key Reasons Hiring a Business Coach is a Brilliant Idea
Five Key Reasons Hiring a Business Coach is a Brilliant Idea

Summary: Having a business mentor is important if you want to achieve your goals in life. If you are an entrepreneur who has just started his journey, you should hire a business coach. Getting yourself a mentor who can guide you with his years of experience and expertise is the best way to achieve your goals.

Let`s say you want to go from point A to point B in your city. You are new to the city, and only have a basic idea about the medium of transport. Now there are three ways to find how you can get there.

The first way is to figure it out all by yourself. This might require you to get around the city and walk the streets in your quest to find the right one. This could be time-consuming and frustrating. You might reach or you might quit before reaching your destination.

The second way is to ask for directions. You can ask random people on the streets. While some might point you in the right direction, others may send you in the opposite direction. Nonetheless, you will waste a lot of time.

Now, the third way is to use GPS or Google Maps. A map will guide you turn by turn along with telling you the shortest route saving you from traffic jams. You will save time, frustration, and confusion. You will reach your destination easily. A mentor is just like GPS who will give you directions and help you to achieve your goal on time.

Many entrepreneurs often take the first way, trying everything out instead of getting a mentor. They read books, watch online videos and enroll themselves in random online problem solving courses. This is just like asking for directions from random people who might not be aware of your business requirements.

Here are five reasons why you should work along with a business coach:

1. Mentors Act as Great Navigators

Young entrepreneurs need to understand the right way to achieve success without deviating from their path. Success in any business is a combination of many factors and one of them is to keep updating and learning about business. Your mentor can suggest an online business coaching program for entrepreneurs that can help you to expand your viewpoint. It will help you to resolve problems and will boost your confidence too.

2. Mentors Provide Unbiased Views

Business mentoring and coaching are two different concepts. Your business coach does not have to be your best friend. The objective of a mentor is to help you develop your business. But to achieve that he will have to view your business with a fresh perspective, and unbiased eyes and guide you, instead of solving problems.

3. A Mentor can Help You Set Benchmarks

After the initial discussion, the key role of a business coach is to initiate goal setting and celebrate important achievements to help entrepreneurs stay engaged and enthusiastic.

4. Mentors Can Help You Find Investors

Being an entrepreneur one of the major challenges is to find an investor for your business idea in which you believe with all your heart. Angel investors or venture capitalists are individuals and groups that provide funds to startups with promising ideas. They will be more interested in you once they understand the potential of your business through the eyes of an experienced industry professional who is also your mentor.

5. Mentors Provide Balance

Young entrepreneurs often come up with unique concepts and business ideas. They believe in working in innovative and smart ways while chucking old-school approaches. However, it is always advisable to have a combination of old and new in a moderate balance. Business coaches often adopt smart working techniques, while providing sound advice and constant guidance to achieve the right milestones at the right time.

Mentoring is a long process that demands consistency. While you may feel that you don’t need a business coach all the time, having someone who is an expert and a seasoned professional who you can reach out to anytime provides great comfort.

To know more about a business coach. Visit: www.badabusiness.com.

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Motivational Process & Business Expansion

The Great Resignation: A Perfect Time for Businesses To Rethink, Redesign & Reshape Structure

The Great Resignation- A Perfect Time for Businesses to Rethink, Redesign & Reshape Structure
The Great Resignation- A Perfect Time for Businesses to Rethink, Redesign & Reshape Structure

After the pandemic, it`s the Great Resignation that has become a matter of concern for organizations across the globe of late.

According to Michael Page, a recruitment agency, around 86% of employees from the Telecom and Technology sector plan to resign from their current organizations within the next six months. What makes this situation further worse is that this trend is expected to continue in 2022.

According to a report published in LiveMint, “Employees who are less than two years in their current organization will drive this revolution in India. 38% of those who are planning to jump off the ship will belong to this segment.” Although this trend may leave an impact on various sectors, it will be the tech industry that will bear the brunt as there are more positions vacant that employees looking to fill those seats.

But before we can talk about the Great Resignation, do you know what exactly is it all about?

2020: From Where it All Started!

In 2020, when the pandemic struck the world, the resignation across the US was minimized due to the fear and uncertainty that gripped almost everyone across the globe. The organizations shifted their operations and provided the hybrid working model to their employees.

However, the extended working hours, extreme working pressures, and hectic schedules diminished the line between employment and forced labor. The employees lost their work-life balance, and everyone began to feel the collective burnout. This led to employees quitting their jobs at unprecedented rates.

Though it started in the US, the trend is expected to make waves and might keep hitting various sectors in India.

What has triggered this revolutionary trend?

Unfortunately, it`s some of the dumbest decisions made by employers that have sown the seeds of the Great Resignation. Probably, this is the reason why this trend has not died out and continues to surge. On top of it, identifying and retaining staff has become more complicated and harder by bad management policies.

Many companies have returned record profits during the pandemic. And to be honest, employees who have worked day and night during the pandemic expect something better from their companies.  For instance, many organizations refer their every employee as an “associate” when they leave. This makes it incredibly difficult for them to find a good opportunity in the same field.

The above example is as ridiculous as companies asking their employees to return to the office full time. In India, many organizations have called their employees back and refuse to see the leverage that it provides to their employees’ well-being.

We have seen lots of discussions happening on employee wellbeing and mental health. But seldom have we seen companies taking some serious measures to improve their work culture. However, the rising trend of Great resignation is proof that employees are changing and so should the organizations.

People Want Better

Companies often think that employees always want more. Yes, people want more. They want a work-life balance. They want mental peace. They want more than just mechanical work that is not adding value to lives. They want to work for companies that mean something. They want to put their skills and efforts into something they genuinely believe in.

Around 61% of Indian employees are open to accepting lower salaries or letting go of appraisal or promotion to improve their overall well-being and happiness.

If you are going to spend most of your waking hours working, isn’t it rational to expect it to be the best, every single day? While many people remain untouched by the pandemic and its post-trauma, many among us have lost our fathers, friends, and loved ones.

A Perfect Time to Bring the Change

Today, the time is not changing, but it has already changed! And companies need to realize it. It is quite surprising that many companies still expect to operate on a pre-pandemic structure. We know the game has changed and its rules too!

The companies will have to work upon its strategies, toxic work culture, and employee benefits that provide meager support to its recipients. Employees have realized the importance of physical and mental well-being. They are ready to accept positions and offers that pay less but provide more mental peace and a healthy work environment where they can thrive and prosper.

So those who are willing to embrace the change must introduce proper integration and support. If ever there was a time to rethink and redesign the strategies, the time is NOW!

What do you think? The pre-COVID work culture was more employee-friendly? Or the post-pandemic environment provides more benefits to modern-day employees as well as to the businesses?

Source: https://www.linkedin.com/pulse/great-resignation-perfect-time-businesses-rethink-redesign-/

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Process & Business Expansion

5 Effective Ways To Connect & Network With Other Entrepreneurs

5 Effective Ways To Connect & Network With Other Entrepreneurs
5 Effective Ways To Connect & Network With Other Entrepreneurs

Summary: Networking is essential for the growth of small startups business. Find out how you can connect with mentors and business coaches and get inspiration through networking.

Networking can benefit young entrepreneurs, from fresh perspectives that spark business growth to finding new customers, mentors, and contacts to bounce ideas off. It helps raise awareness, find new partnerships, and win over potential customers.

From Twitter to LinkedIn, you can connect with professionals with diverse profiles. And if it is done strategically, networking can greatly help entrepreneurs in India.

Here are five ways that will help you to connect with other small business owners and young entrepreneurs:

1. Be Active in a Community App

Several social networking platforms are popular these days. However, not every platform will be beneficial for young entrepreneurs. If you are a young entrepreneur, then you should join a platform that will connect you with other business professionals for business growth. Bada Business community app is one such platform that offers a unique platform for young entrepreneurs to connect and network with other business owners and potential clients.

This unique app offers points when you like, comment, or share a post that you want. Based on the collected points, your profile is promoted in the community, making it possible for you to connect with many out-of-reach individuals. Not just that, you can attend Free Masterclass that is conducted every week by billionaire professors.

2. Know-How Networking is Beneficial for You

Entrepreneurs must be aware of what they want to get out of networking and how it benefits them. Whether you are looking to find the best business coach, mentors, or partners, networking can help you discover great local suppliers, logistic partners, or retailers who can enhance your small business.

Whether you are just starting a business or you are a successful entrepreneur, networking could be your route to finding more clients. You can also find the Best Motivational Coach in India. 

3. Don’t Be Afraid to Ask for Connections

Take a step back and have a look at all your existing connections. Every single relationship in your contact list could be beneficial to you. All you have to do is – reach out. You can reach out to all your existing connections and ask them if they have someone in their network that could benefit your business. Also, don’t forget to offer your help to anyone in their circle, as it is a two-way street. You can also consult with a business coach who can use his network to help your startup business grow.

4. Join a co-working space

Getting away from your workstation can be refreshing from time to time. Changing work environment can help spark creativity by breaking the monotony of regular working hours. You can find some co-working spaces for networking purposes. You can also join the Bada Business community app to make some meaningful connections. It is an online community that is available 24/7 for entrepreneurs to discuss, learn, and share all aspects of the business.

5. Keep the Agenda of Networking Clear

People often network rather vaguely. However, it is essential to understand that increasing the number of people on our contact list is not enough. We need to connect with the right people keeping our end goal in mind. Build strong connections with like-minded people who can help us grow.

Entrepreneurs need not only a great product or an excellent service but also the courage to build a wide range of relationships within a growing professional network. Try to imply the five ways that are pretty effective for networking and let us know which one worked the most for you. Join the Bada Business Community App by Dr Vivek Bindra and get closer to your entrepreneurial dreams.

Download the app now: https://tinyurl.com/nhav2kp6

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Process & Business Expansion

5 Ways To Make Your Product Launch Successful

5 Ways To Make Your Product Launch Successful
5 Ways To Make Your Product Launch Successful

You have a unique idea for a new product that will magically resolve all the challenges that customers in a particular segment are facing. You create a killer product that may bring a revolution to the world. Now you want the entire world to go crazy to purchase it (think about people standing in a queue to buy an iPhone).

But none of that happens, and you get up with sweat beads all over your forehead. All of your hard work and efforts that you have put in to create a product now appear futile. Isn`t it terrifying?

It is extremely easy to get ahead of yourself when you are trying to create a new product. Envisioning all the sales, profits, recognition, and success that will emerge after your product launch can often take us away from reality. But just like any other business initiative, a product launch also requires time and careful planning says the Best Business coach in India –Dr. Vivek Bindra.

And, launching your product in the market without having your ducks in a row is a recipe for disaster. Thus, if you have created a brilliant product after investing your hard-earned money and efforts, here are five steps every entrepreneur should take before releasing a new product:

1. Be Strategic in Defining your Target Audience

Whether you are creating the new iPhone or a food joint, it is important to find and learn from your core audience. Establish your base and build their confidence in you.

As you prepare for your product launch, research your competitors. Learn from your competitors as there are no original ideas, only repurposed ones. Take what is good, learn from their mistakes and make improvements where you believe there is room for improvement.

2. Go All Out When It Comes to Publicity

Obscurity kills businesses. If you do not shine like the sun when it comes to publicity, you won`t get the attention that is needed to be successful. Before launching your new product, ask yourself two things-

a). How far will I go to get attention?

b). How consistent will be my attempts?

If you will not go overboard when it comes to marketing your product launch, you will not get your customer`s attention. Also, having a thorough understanding of the challenges that your product or service is solving is imperative to your business growth. Make them your Unique Selling Points while advertising your products. You can also take online business courses for entrepreneurs to learn more about advertising and marketing.

3. Be Clear & Concise About Your Target Audience

If someone asks you, “Who is your target audience?” you should have a concise answer. Otherwise, it’s a red signal! Being an entrepreneur is not an easy deal and thus, it is suggested that you should research well about your target audience.

Apart from knowing your audience, you must be well aware of your product`s value. Take testimonials from your customers who have had success with your products as it can help you for make improvements.

4. Trace & Understand the Buyer`s Journey

What is the foundation of all the marketing and sales activities? The Buyer`s Journey! The process that revolves around the buying process forms the basis of all the activities related to marketing. Thus, it is essential to understand the customer`s pain points, from where do they get their information, and what influences their decisions while making a purchase.

5. Focus on Major Media Outlets

Attention is the currency of the internet. The average person consumes an enormous amount of information daily. To hold someone`s attention, cut through the noise. Develop the right media strategy that is suitable for your product launch. Pitch yourself as an expert and focus on high-profile media outlets. However, your pitch must have a sensational hook with actionable advice.

Also, do not just use the traditional medium of advertising. Use the power of social media and create hype to engage customers. Make strong brand guidelines to ensure you got the powerful one. Make use of social media platforms to generate interest among your target audience.

Another brilliant way to create a buzz around your product before its launch is to reward your customers. Offer discounts for preorders, first-time users, or anything else that can entice users to buy your products when they are launched.

Launching a new product or service is not easy! There are lots of steps involved that can have a great impact on a product launch. These steps can make or mar your product in the niche market. Know what is best for your product or service with our Problem Solving Courses.  To know more about it, click here: https://www.badabusiness.com/psc

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Process & Business Expansion

7 Top Debt Management Tips For Small Businesses

7 Top Debt Management Tips For Small Businesses
7 Top Debt Management Tips For Small Businesses

Managing finances when you have just started a business can be quite challenging. Most often small startup businesses operate on a good note at the very beginning. But if entrepreneurs don`t have a lot of experience with managing business finances, soon the business can drown into business debts.

Hence, the most important step for any business owner is to educate themselves. They must know how to do simple accounting tasks, apply for loans, or draft financial statements. By keeping themselves updated, entrepreneurs can save their businesses from financial losses. There are many online business courses for entrepreneurs that offer in-depth information regarding debt management.

Being in debt is like a nightmare- never-ending & scary! Debts can be quite stressful, which is why it is necessary to tackle your finances and get them under control. But trying to get out of your debt or improve your credit score is like running on the treadmill. You will keep running but won`t reach anywhere.

So whether you are a student or a manager, creditor, investor, supplier, regulator, or any stakeholder in an organization managing your finances is paramount! Get more from what you spend, credit score, financial purchases, and surplus funds to build a business.

1. Pay Yourself

It is very common for small business owners to invest their capital into day-to-day operations. Though, investing money can help your business to sustain itself in the long run, as an entrepreneur you must compensate yourself too. Always ensure that your business and personal finances are in great shape.

Learn the Interest rates, fees, charges, negotiating terms, and other product-specific features you must consider through our Problem Solving Courses.

2. Invest in Growth

In addition to compensating for yourself, it is very crucial to find new opportunities that offer growth. This way your business will thrive and move in a healthy direction. From poor spending decisions to impulse purchases & investments, learn what mistakes end up costing you in the long run and figure out golden opportunities that will help your business to grow. You can take online course for entrepreneurs to understand the dynamics of making financial investment.

3. Find ways to get your business out of debt

Loans can be scary. They can lead to financial worries and repercussions that may fail. Hence, reducing expenses, reviewing the budget, or consolidating debt, find out effective ways with our Problem Solving Courses that can get your business out of debt. 

4. Avail Government Loan Schemes

There are many policies made to benefit the debt-owners by the government of India. To empower small business owners, the Indian government has launched multiple loan schemes that come with minimum interest. You can learn about policies to ensure your business is on a road to growth. 

5. Keep Good Business Credit

As your business grows, you may want to buy some commercial real estate, acquire insurance policies and take out more loans to facilitate smooth business operations. Maintaining your credit score can help you manage your debt easily. Learn how to manage your bad debts with our Problem-Solving Courses on our app. 

6. Have a Good Billing Strategy

Managing small business finances also means managing cash flow. A consistent cash flow ensures that your business is operating at a healthy level on a day-to-day basis. Hence, it is very important to manage payments from your clients or customers from time to time. If you are struggling to collect payments from certain customers, it is time to get creative to bill them.

7. Know how to recover your debt from the market

Develop & strengthen your debt recovery strategy to help reduce costs, save time, and maximize resources with our business

Improve your own personal & business finances,  grow your income, budget the smart way, and reduce your debt with our Problem Solving Business training courses that also include ‘debt management’ to become debt-free over time.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with foundation courses, specialized courses, and value-added courses.

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Process & Business Expansion

5 Ways Small Kirana Store Owners Can Make Big Profits In 2022

5 Ways Small Kirana Store Owners Can Make Big Profits In 2022
5 Ways Small Kirana Store Owners Can Make Big Profits In 2022

Summary: With Grofers, Big Basket, and now Flipkart and Amazon delivering daily groceries many small Kirana owners are worried about their sustainability. But do they have to worry about the future of Kirana stores? Let`s find out.

India has always been a country in which two contrast opposite worlds coexist. One world belongs to the top 5 percent that only talks about luxury cars, boutique hotels, and bungalows, while the other half belongs to five-rupee biscuit packs and one-rupee shampoo sachets.

This stark reality also supports the recent study by EY according to which 79% of Kirana stores in non-metros and 50% in metros saw new customers amidst the pandemic and even after that.

A Kirana store is the backbone of the Indian grocery market. And when the world was grieving under the pandemic these stores have proved extremely beneficial to keep our plates filled with food. A Kirana store is like a departmental store that caters to the need of the daily essentials of people. It is mostly present on every corner of the street.

According to The Hindu, there are around 12 million neighborhood Kirana stores that dominate the domestic grocery retailing landscape of India with a 90% market share. During the pandemic, they have emerged as heroes, with people depending on them to procure daily essentials.

Another study by EY states that 20% of Kirana stores are also embracing digital platforms to order their supplies.

Kirana stores will remain evergreen as most of the people in India still rely on their local grocery stores for essential needs. Though many eCommerce brands are swearing by the innovative direct-to-customer marketing in retail, the fact is that it was local Kirana stores that have traditionally serviced the daily needs of the customers directly.

However, many Kirana store owners are still working on old and traditional methods due to which they are struggling with sales and customers.

So, if you are planning to open a Kirana store, or already have one, 2022 can open a store of opportunities for you. Here are five ways in which Kirana shop owners can increase the profits of their small businesses in 2022:

1. Embrace Technology

The pandemic has shown a new direction and world to businesses and customers too.  Almost everyone prefers digital transactions as they do not want to expose themselves courtesy to infection. Today, when everything is available online, taking your Kirana store online can be a profitable scheme.

The online Kirana store is not a new concept. Many Kirana store owners have started selling their products online. Taking their Kirana store online provides a wide exposure and helps to boost sales as it allows customers to place orders from the comfort of their homes.

2. Create USP

Owing a Kirana store means facing a lot of competition. Hence, to ensure that your store keeps up with the competition, you must give your customers a unique experience that they don`t receive at other stores.

In a Q&A session with Dr. Vivek Bindra- the best motivational business coach in India, a Kirana store owner asked him how to increase his sales. To which he replied that he should create a unique selling point for his business. One option could be that most of the Kirana stores remain closed on weekends. This is a perfect opportunity for you to attract customers and improve your sales. While other shopkeepers would be busy sleeping or enjoying their weekends, you can boost your sales.

3. Build a Website for Your Store

To gain more customers, you can also list your Kirana store on various online shopping websites like Amazon and Flipkart. You can easily register your store online, and if anyone purchases a product, you can parcel the same to them.

Apart from listing yourself with giant sellers like Amazon, you can also create a website online. This will give your regular customers the convenience of ordering from the comfort of your home. If you already have a website and still you are struggling when it comes to scalability, you can also consult with the best business coach in India.

4. Focus on Customer Relationship

Relationship with customers is the key to higher sales. And, building a relationship with customers ensures that they do not go to your market competitors. Talk to your customers nicely, and give them a unique experience so that they come to only your shop. You can also offer discounts on various products, as it is the best way to attract customers.

Understanding your customers is important in any business. If you are the owner of a Kirana store the above-mentioned tips will help you to boost sales. You can also upgrade your Kirana store into a departmental store with zero to low investment.

You can boost your sales easily with the right guidance of a business expert.  Learn to generate high revenue earning products for sales, generate payment links for customers, managing account-related details. Get your marketing game back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. Learn more here: https://www.badabusiness.com/psc

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Process & Business Expansion

5 Reasons To Attend Masterclass On Bada Business Community App

5 Reasons To Attend Masterclass On Bada Business Community App
5 Reasons To Attend Masterclass On Bada Business Community App

For every great thing, you have to pay a price. For so many years, we too believed in this adage. But, since Bada Business has started a series of Masterclass events on their community app, we believe a few things are amazing and still available for free.

The Masterclass webinars on the Bada Business community app are aimed at educating entrepreneurs, solopreneurs, wantrepreneurs, students, and small business owners across several topics related to business strategies, frameworks, investments, funding, stock market, and various aspects of distinct industries.

The webinars have attracted a great deal of interest from professionals and leaders alike, and so far they have welcomed many experts from different industries across India. With so many experts coming and sharing the same platform for the benefit of entrepreneurs, we thought we will take a look at five reasons why professionals should consider attending future Masterclass:

1. To Educate Entrepreneurs

The original purpose of conducting a free Masterclass online was to give small business owners, entrepreneurs, and many SMEs a greater insight into the often confusing world of business fundamentals. The basic education was only accessible to those who pursued management courses from the top Indian universities that are expensive for the majority of the population in our country.

The format of Masterclass is developed to educate individuals in the professional community, broadening their horizons to start their dream projects even with minimum investment. The webinars are aimed to help entrepreneurs to ease out their everyday dealings with clients and customers and potentially use them to benefit their circumstances. Previous sessions covered a diverse range of topics on the stock market, time management, how to increase sales through Google AdWords.

2. Gain Valuable Insights From Industry Experts

For every Masterclass, an external speaker is invited to share his expertise and present years of experience, providing an excellent opportunity to gain insights directly from experts in the field. Topics are chosen based on requests from the audience and a relevant speaker in roped-in.

3. Network with Fellow Professionals

Though LinkedIn is a popular platform for professionals, interacting with fellow professionals from a large community is a different experience, altogether. With up to more than 2000 people attending our Masterclass, we get a unique mix of professionals in every session. The discussion and interaction that follow these webinars are informative and help in building a network with fellow entrepreneurs, SMEs, and solopreneurs.

4. Convenience to Learn Anywhere

Most working professionals, who want to work upon their dreams, often face difficulties when it comes to learning new things from the experts. To make the learning process easy and hassle-free, our Masterclass is conducted on Bada Business Community App and offers convenient slots. From start to finish our webinars last for only 2 hours, so you can be away and back at your desk within no time.

5. Become a Content Creator

Ever thought of creating content that provides value to your users? Apart from attending Masterclass by our experts, you can upload different modes of content i.e. interactive videos, infographics, and images on the Bada Business community app. You can also get constructive feedback from your users that can help you to make improvements. Bada Business community app is an interactive platform where small business owners, entrepreneurs, and SMEs can share a platform dedicated to the business community.

But don`t just take out word for it!

We have received some excellent feedback from people who have attended our Masterclasses on the community app. You too can get a firsthand experience by downloading the app from the link: https://tinyurl.com/nhav2kp6

You too can explore the infinite possibilities that Bada Business community app offers!

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Process & Business Expansion

5 Smart Ways To Become A Franchise Owner

5 Smart Ways To Become A Franchise Owner
5 Smart Ways To Become A Franchise Owner

Summary: Before starting a franchise business, start your homework.

There is a certain charm about having your own business, but it can be daunting for any amateur to start a new business without having any prior experience and zero recognition. Fortunately, there is a way to start your own startup business, and that a lot of people are doing today: Franchise business.

Being an owner of a franchise business like Bada Business means instant name, fame, and support not only from the corporate entity but also from the other franchise owners just like you. Connecting with a community that has gone through the startup process can help you along the way.

So how do you get started? Here are 5 easy steps to become a franchise owner yourself:

1. Do your research

Just because you want to buy something that is established as a brand does not mean that you should not conduct a massive amount of research. While the success and the failure rate of a business franchise are highly disputed, one-sixth to one-fifth of franchise businesses won`t survive to the 5-year mark. Like with any business, there are risks, but they can be highly mitigated with good planning. Talk to your financers and other owners of the same chain in your area and do your research perfectly.

2. Enquire About the Franchisor

Once you have decided which brand`s franchise you want to take, it is time to formally apply for a franchise license from the franchisor. All brands that are offering their franchise will have a section on their website to learn more about their needs and requirement.

If your application is not flat-out rejected from the start, you can expect the franchisor to run credit and background checks on you and your business entity. They also might ask for additional proof of assets as well.

If everything goes out smoothly, you will receive the franchise agreement that will give you the legal right to open a branch for yourself.

3. Take Care of Finances

Before you sign up for any franchise business, you need to ensure that you must have the cash to get started. Now that you have been approved, it is time to find out the best way to obtain the finances to cover the franchise expenses and startup fees.

4. Form a Corporation

When you form a corporation, you will be able to get better tax advantages. Most franchisors require owners to incorporate into some business entity. Usually, forming an LLC is the best way to go. LLCs are not actually corporations and thus have more freedom to structure their taxes to best suit your financial needs.

5. Everything Else

The first step is the hardest. You are starting a franchise business and hence, you must build your business according to the guidelines from the franchiser, and put your plan into action. You’ll have the benefit of brand name recognition and the support of the franchisor to help drive business to your new location. If you’ve done all the previous steps well, your franchise business will be in a great position to succeed for many years to come.

You can boost your sales easily with the right guidance of a business expert.  Learn to generate high revenue earning products for sales; generate payment links for customers, managing account-related details. Get your marketing game back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. Learn more here www.badabusiness.com.

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Process & Business Expansion

3 Morning Mistakes That Can Cost Entrepreneurs Their Productivity!

3 Morning Mistakes That Can Cost Entrepreneurs Their Productivity!
3 Morning Mistakes That Can Cost Entrepreneurs Their Productivity!

HABIT– This five-character word has immense power, especially for entrepreneurs. A good habit can transform your life magically, doing unbelievable wonders. On the other hand, a bad habit can ruin not just your mood, temperament, and daily life, but also your plans.

Many entrepreneurs are often curious to know about the daily habits of successful people, and how they can inculcate them in their own lives. However, there is one thing that every entrepreneur who is working on a small business startup plan must remember that developing a set of habits doesn’t have to be complex.

Take Satya Nadella, CEO of Microsoft, for instance. He has two key habits that he follows religiously, every morning—gratitude and exercise. Every morning he gets up and pays his gratitude for all the things in his life that he is thankful for. An act of expressing gratitude has been shown to improve mental and physical health. He then goes to the gym and no matter where he is, he commits to going to the gym for at least 30 minutes. People who are physically fit have shown improved cognitive function.

Dr. Vivek Bindra who is one of the best motivational speakers in India often says in his motivational videos on YouTube, “Your mindset often determines how you approach the challenges that come into your life and the people around you. If you have a positive mindset, it will play a significant role to determine your success in leadership.”

But many of us get up in the morning only to surrender to our laziness and not-so-healthy morning mistakes. The cost of making mistakes can be quite high. The time that we waste by remaining caught up in the activities that are unproductive can be used to develop groundbreaking startup business ideas for your business.

Here is a list of mistakes that can cost you productivity and peace every morning:

Mistake 1- Jumping out of bed as soon as the Alarm goes

Certainly, many of you must be thinking how leaving your bed as soon as the alarm goes off could be a bad habit? Surely, forcing yourself to jump out of bed the moment your alarm goes off helps you to start your day early. But very few people know that this simple-looking action can disconnect you you’re your body.

What should you do Instead- Take just a few minutes to stretch and elongate your body, as stretching can help you feel more confident. As simple as stretching your arms into a V shape can boosts incredible happiness, your mood and increases your blood flow to all areas of your life.

Mistake 2: Checking Phone Immediately

Smartphones have become an integral part of our lives. According to a survey conducted by Mobile Consumers, “1 out of every 4 young adults checks their phones within one minute of waking up.” It is tempting to check phones every morning when there is so much information on this small device. But according to the health experts, it is a major mistake.

What should you do instead- Always remember that there is nothing on your phone that can`t wait. Your body and mind are not ready for the type of stimulation that your phone has. When you are waking up, it is important to focus on presence and gratitude, to connect your mind with your body through some morning movements. Write down your goals and startup business ideas if you are planning to start your own business.

Mistake 3- Sleeping in too late

A study reported that “people who get themselves out of the bed at the crack of the dawn responded that they felt “highly productive” 71% of the time as compared to those who snooze until 11 am.

What should you do instead- Now, we are not telling you which hours you should or should not sleeping, but going to bed in time will help you to complete your sleeping hours. You will wake up early and get a couple of hours to set up your morning routine. This will make you more productive and help you to plan your day in a better way. You can also take the help of a professional business motivational speaker to help you set up a healthy routine.

We all have the same 24 hours, and we all must cultivate healthy habits to give our mornings a kick-start. The list of all the above-mentioned alternatives is an invitation to experiment. Stretch out, keep that phone turned off, and try getting up earlier than you are used to and you will see productivity and peace rushing into your life.

To get back your professional and personal life back on track, you can hire the best motivational speaker in India.

For the rest of the challenges in your business, you can take our Problem Solving Courses that step-by-step learning strategy, action plan, frameworks that are designed to empower you with various business functions.

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Process & Business Expansion

To Encourage Entrepreneurs Nitin Gadkari Will Promote Khadi Prakritik Paint Made From Cow Dung!

To Encourage Entrepreneurs Nitin Gadkari will promote Khadi Prakritik Paint made from Cow Dung!
To Encourage Entrepreneurs Nitin Gadkari will promote Khadi Prakritik Paint

Inaugurating the new automated manufacturing unit of Khadi Prakritik Paint in Jaipur, India`s first paint made from cow dung, Union MSME Minister Nitin Gadkari on July 6, 2021, said he would be the brand ambassador of Khadi Prakritik Paint and would promote it across the country.

“This will encourage young entrepreneurs to take up the manufacturing of the cow dung paint”, he added.

“Even inaugurating infrastructure projects that are worth lakhs of crores of rupees is not as pleasing and satisfying as inaugurating this manufacturing unit.” He also said that this would go a long way in empowering the rural and agro-based economy in the country.

“Khadi Prakritik Paint has immense potential of creating sustainable development for the benefit of the poorest of the poor and the target should be setting up a prakritik paint unit in every village,” the ministry said quoting Gadkari.

“Available in two variants, Distemper and Emulsion; Khadi Prakritik Paint contains ‘AshtaLaabh’ — eight benefits like anti-bacterial, anti-fungal and natural thermal insulation properties. This paint is eco-friendly, non-toxic, odorless, and cost-effective,” it added.

The new plant has been set up on the campus of Kumarappa National Handmade Paper Institute, Jaipur. Currently, the daily production of the paint is 500 liters which will go up to 1,000 liters per day, it said. Commissioning of the new unit will double the production capacity of the paint.