business idea

Industry Analysis through 40 Questions (part 2)
Competitors and Competitive Industry Analysis 22. How many competitors in this industry? Analyze your piece of the market, i.e. those with whom you are really competing. But be aware of…

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Kennedy marketing or tough business management
Real and real customer needs for every aspect of the business). This is your “customer agreement”. Finding a point is already good for every aspect of the business is priceless.…

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How to increase business efficiency or reduce inventory
Entrepreneurs always have the question of how to increase business efficiency. Efficiency in a small business needs to be increased constantly, looking for new ways and opportunities. And one of…

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Selling freshly squeezed juices as a business

Everyone began to take care of their health, everyone has heard about vitamins and minerals, about natural and environmentally friendly products. The time has come when people are really trying to be beautiful and healthy. At the same time, no matter how anyone says, the solvency of the population is also growing. And so now, selling freshly squeezed juices as a business has potential.

The Americans were the first to come up with money to make fresh juices. Smoothie bars appeared in the mid-90s, and the business quickly spread around the world. The annual income from the sale of juices in the United States amounts to billions of dollars. In Russia, the sale of freshly squeezed juices as a business has appeared in recent years, and is rapidly gaining popularity. Continue reading

Painting house facades as a business idea

Buildings are almost always high. Stairs, hanging cradles, scaffolding and other smaller appliances are simply necessary for starting a business. And, of course, special paints, electric rollers, compressors.

The complexity and cost of various devices for painting buildings depends on the number of storeys. For houses up to three floors, forests, lifting scaffolds are needed. At higher altitudes, telescopic lifts can no longer be dispensed with, lifting loads of up to 500 kilograms, a boom of up to fifty meters and work up to 76 meters can be carried out.

It is hardly possible for a novice entrepreneur to realize a business idea on painting house facades if he is planning to buy all the equipment. But the good news is that equipment can always be leased or rented. Continue reading

Payment terminals as a business

In this article, we will consider a new business idea – payment terminals as a business. You always want your own business to become profitable right away, right? From this point of view, a business with payment terminals often becomes a “found four leaf”. You can get good profit fast enough, and you don’t need to be constantly around and investments are not so big.

Let’s first talk about what a payment terminal is and what types exist?

It is not worth talking about the fact that a payment terminal is a device that works without the participation of an operator or a seller standing nearby. And here, how it is arranged and what components it has, I think, it will not be superfluous to talk. Continue reading

Production of decorative stone as a business idea

We will begin our consideration of this business idea with a short history. The first building material that was used by our ancestors thousands of years ago, and only in the twentieth century, began to leave the wide construction site – this is natural stone. Natural stone, of course, is different, and depending on the cost of extraction, processing, uniqueness of the stone itself, the cost of the finished material varies, but is usually quite high. The high cost, along with some other points (for example, a limited color range) casts doubt on the prospects of the natural stone production and processing business.

But there is a rather interesting option for its replacement, from the point of view of business, including. This is a decorative stone that has appeared in the last century. Decorative stone has several advantages over natural stone: Continue reading

How to increase business efficiency or reduce inventory

Entrepreneurs always have the question of how to increase business efficiency. Efficiency in a small business needs to be increased constantly, looking for new ways and opportunities. And one of the possible ways to increase efficiency in your business is to reduce inventory, however strange it may seem. We’ll talk about this today.

Why less inventory is a more efficient business?
First, inventory is a cost. First you need to purchase them, and then store them in a warehouse (which, by the way, is most likely for rent, no?). Continue reading

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Production of decorative stone as a business idea
We will begin our consideration of this business idea with a short history. The first building material that was used by our ancestors thousands of years ago, and only in…

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The most important factor for business success
You want to know a lot of things, to be able to do even more, but if you don’t make a decision, if you are not ready to act, you…

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How to do a SWOT analysis (part 3)
Step 3. SWOT matrix Having calculated all the factors influencing the business and grouping them into four squares, we get the SWOT analysis matrix, as in the photo below. Thus,…

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