Category: SMB & Startups

EC Success Mantra

8 Traits of Successful Entrepreneurs

As an entrepreneur you must have heard, and for good reason, that stakeowners invest in promoters rather than the business. Stakeowners are not just your investors. They are your customers, partners, vendors and all interested parties. Smart founders can convert a fledgling thought into a...

Excel Dashboards

Excel Dahsboard Basics

In the simplest terms, Microsoft Excel dashboards are condensed and mostly, visual representation of data sets, including but not limited to tables, charts and graphs. It is a visible display of the most crucial information needed to reach multiple objects, consolidated and arranged on an...

PEST Analysis

PEST Analysis For Every Business

The origins of the popular PEST analysis can be traced back to Harvard Professor, Francis J. Aguilar’s book Scanning the Business Environment (1967). With the same elements as PEST, he called his framework ETPS. Aguilar proposed four primary elements of the macro-environment – Economic, Technological,...

Business Planning

KB: Business Plan

[This Knowledge Base series will include our answers to select questions on Quora.com and miscellaneous queries we get from our customers, partners and other interest groups.] How do I explain other people that making traditional business plans for early-stage startups is a waste of time?

Startup Valuation

Startup Valuation Is Not That Important

If this title got you excited, you could be a fan of television shows or funding events, where unlimited money seems to be on offer and deals closing like some everyday bargain. The real world could be different, though.Once you have a prospective investor excited...

Startups Entrepreneur

Biggest Reason Why Startups Succeed

Success in any business is a result of a number of factors arranged together optimally. However, some of these factors form the foundation without which other would not function. Idealab’s founder and CEO, Bill Gross shares his views on the key drivers of success and...

Market Research

Why Do You Need Market Research?

Before you pick up the telephone and start dialing arbitrary numbers or hurrying out there and informing individuals about what you would like to sell them, you must first determine who would like to be your audience. This is the segment of the total market...

Break-even Point

Break-Even Point And Increased Profitability

Your break-even point is probably one of the most effective pieces of info when controlling the stresses your company’s profitability. Let’s start with an easy definition: break-even point is the amount of sales that you need to generate to cover your entire variable and fixed...

Entrepreneur

7 Times You Should Start A Business

[Firstly, warmest new year wishes to all our customers, readers, and the extended Eurion family] In my experience as a business consultant, the single most important attribute of an entrepreneur is the aptitude – natural or developed. Aptitude is the biggest facilitator of success and...

Market Size

4 Facts About Market Sizing

Whether you are an entrepreneur writing a business plan or a recognized firm seeking to introduce a new product or service, you will need to estimate the size of the market you plan to serve. Easy as it may sound, this is the trickiest and...

Business Loan

Collateral-Free Loans for Small Businesses

Startups, micro and small enterprises usually do not find much favor with banks. To break this pattern in India, the Government has come up with various schemes that ensure small business loans at relatively easier terms. Most schemes are backed by credit guarantee and refinance...

Startup Valuation

Why Are Startups Losing Valuations?

There has been a barrage of not-so-good news for the startup community, with funds flow ebbing and investors toning down their expectations. Morgan Stanley Institutional Fund Trust Mid Cap Growth Portfolio, Fidelity Rutland Square Trust Strategic Advisers Growth Fund and Valic Company I Mid Cap...

Startups Income Tax

10 Tax Announcements All Startups Should Know

Startups and MSMEs have caught the Government’s attention as potential sources of economic growth and employment generation in India. The Prime Minister rolled out Startup India Action Plan in January this year, indicating that the Government is serious towards creating an enabling environment for this...

Startup Funding By Countries

Startup Funding In India: Overview

Brimming with young energy, India presently is a fertile ground of opportunities for the businesses of all sizes. In the startup space, market trends project eCommerce, logistics, IT, and the hospitality sectors as the game changers. As they become stronger, the demand for resources –...