Marketing Assistance: There are many marketing consultancies which offer marketing tips to the entrepreneurs. In some of the cases the marketing consultancies become partners in the business and they take care of things from the inception. Marketing research is an essential ingredient for a small buRead more
Marketing Assistance: There are many marketing consultancies which offer marketing tips to the entrepreneurs. In some of the cases the marketing consultancies become partners in the business and they take care of things from the inception. Marketing research is an essential ingredient for a small business because this is the resource to let the company know whether the product offered is desired and demanded or not. So the entrepreneurs would do well to hire a marketing research company|to do this work for them.
In this method the entrepreneur starts his business with little or no funds. Most of his personal savings are employed or he may take advance orders and utilize the same money to pay the vendors. Self-funding is a lucrative and easy mode of financing but scaling up of business require outside fundsRead more
In this method the entrepreneur starts his business with little or no funds. Most of his personal savings are employed or he may take advance orders and utilize the same money to pay the vendors. Self-funding is a lucrative and easy mode of financing but scaling up of business require outside funds too. Hence this method cannot be resorted to on a consistent basis.
Nature of Business Business is an economic activity with the aim to make profit and provides products and services to the society. The main purpose of business is earn profit. Profit is the main objective of every business. Business has always uncertainty, There is always a possibility of losses ofRead more
Nature of Business
Business is an economic activity with the aim to make profit and provides products and services to the society.
The main purpose of business is earn profit. Profit is the main objective of every business.
Business has always uncertainty, There is always a possibility of losses of business.
Business is a regular process, it provides daily uses products and services.
Objectives of Business Create Employment, One of the objective of business is to create employment in the society. Social Responsibility, social responsibility is to solve social issues. Earning Profits, if the business wants to stay in long time. it needs to earn profits. Productivity, In order toRead more
Objectives of Business
Create Employment, One of the objective of business is to create employment in the society.
Social Responsibility, social responsibility is to solve social issues.
Earning Profits, if the business wants to stay in long time. it needs to earn profits.
Productivity, In order to minimize price of the products, business need to improve productivity time to time.
Aims and Objectives of Business Market standing means position of an the enterprise in relation to its competitors. Innovation is the introduction of new ideas or methods in the way something is done or made. Productivity is an important activity of the business. In order to continuous survival andRead more
Aims and Objectives of Business
Market standing means position of an the enterprise in relation to its competitors.
Innovation is the introduction of new ideas or methods in the way something is
done or made.
Productivity is an important activity of the business. In order to continuous survival and progress, business must aim to increase productivity.
physical resources includes plants, machines, offices, etc., and financial resources includes funds to be able to produce and supply goods and services to its customers.
Rights of partners in partnership 1.Rights to take part in the conduct and management of business. 2. Right to be consulted and heard in all maters affecting the business of the partnership. Right of free access to all records, books and accounts of the business, and also to examine and copyRead more
Rights of partners in partnership
1.Rights to take part in the conduct and management of business.
2. Right to be consulted and heard in all maters affecting the business of the partnership.
Right of free access to all records, books and accounts of the business, and also to examine and copy them.
Right of share in profits equally, in absence of any agreement.
Partner is entitled to be indemnified by firm for all the act done by him in course of the partnership business, for all payments of made by him in respect of partnership debts or liabilities and for expenses and disbursements made by him in an emergency for protecting the firm from the loss.
Every partner is a joint owner of the partnership property. He is entitled to have the partnership property used exclusively for the purposes of the partnership.
Duties of partners in partnership
Every partner is bound to diligently carry on the business of the firm to the greatest common advantage.
A partner is bound to keep and render true, proper and correct accounts of the partnership.
A partner is bound to indemnify the firm for any loss caused by his willful neglect or fraud in the conduct of the business.
A partner must not carry on a competing business, nor use the property of the firm for his private purposes.
Every partner is bound to share the losses equally with the others.
A partner is bound to act within the scope of his authority.
Role of Brand Extension it increase image of parent brand It gives new identity to the brand. It allows subsequent extension. it clarified Brand meaning. It increases market coverage of brand as it brings new customers. It increases revenue of parent company.
Role of Brand Extension
it increase image of parent brand
It gives new identity to the brand.
It allows subsequent extension.
it clarified Brand meaning.
It increases market coverage of brand as it brings new customers.
Brand extension means entry in new segment of market by big company, which has already huge marketplace in different industry. Brand extension is good but companies need to done lots of research. Because it takes huge investments to enter into in marketplace and effect overall image of the brand.
Brand extension means entry in new segment of market by big company, which has already huge marketplace in different industry.
Brand extension is good but companies need to done lots of research. Because it takes huge investments to enter into in marketplace and effect overall image of the brand.
Purpose of Brand Extension To enhanced parent brand image. It increases market coverage. it clarified Brand meaning. Consumers can seek varieties. it saves Cost of developing new brands.
What is Branding? Branding is a part of marketing. it often used when companies want to introduce, position and establish themselves in the market. it is a creation of value of the product in the mind of consumers. Disadvantages of Branding in Business Huge development costs, branding involves hugeRead more
What is Branding?
Branding is a part of marketing. it often used when companies want to introduce, position and establish themselves in the market. it is a creation of value of the product in the mind of consumers.
Disadvantages of Branding in Business
Huge development costs, branding involves huge cost because companies need to pay high cost of advertising and publicity.
Social Restrictions, Branding is effective for commercial products but when it comes to environmental products it increases cost which ultimately passed to the consumers.
Brand Maintenance, When the brand image suffer it directly effect its sells. That time is hard to reinvest huge amount again in branding.
Hard to Capture Market, Initially, it hard to create trust on brand by the consumers. So, sometimes companies need to invest huge amount for long time.
What is Marketing Assistance for Entrepreneurs?
Aftab
Marketing Assistance: There are many marketing consultancies which offer marketing tips to the entrepreneurs. In some of the cases the marketing consultancies become partners in the business and they take care of things from the inception. Marketing research is an essential ingredient for a small buRead more
Marketing Assistance: There are many marketing consultancies which offer marketing tips to the entrepreneurs. In some of the cases the marketing consultancies become partners in the business and they take care of things from the inception. Marketing research is an essential ingredient for a small business because this is the resource to let the company know whether the product offered is desired and demanded or not. So the entrepreneurs would do well to hire a marketing research company|to do this work for them.
See lessWhat bootstrapping is and why it is important?
Aftab
In this method the entrepreneur starts his business with little or no funds. Most of his personal savings are employed or he may take advance orders and utilize the same money to pay the vendors. Self-funding is a lucrative and easy mode of financing but scaling up of business require outside fundsRead more
In this method the entrepreneur starts his business with little or no funds. Most of his personal savings are employed or he may take advance orders and utilize the same money to pay the vendors. Self-funding is a lucrative and easy mode of financing but scaling up of business require outside funds too. Hence this method cannot be resorted to on a consistent basis.
See lessWhat are the types of nature of business?
Aftab
Nature of Business Business is an economic activity with the aim to make profit and provides products and services to the society. The main purpose of business is earn profit. Profit is the main objective of every business. Business has always uncertainty, There is always a possibility of losses ofRead more
Nature of Business
To read full article: Nature and Objectives of Business
See lessWhat are the main objectives of business?
Aftab
Objectives of Business Create Employment, One of the objective of business is to create employment in the society. Social Responsibility, social responsibility is to solve social issues. Earning Profits, if the business wants to stay in long time. it needs to earn profits. Productivity, In order toRead more
Objectives of Business
To read full article: Nature and Objectives of Business
See lessWhat is business aims and objectives?
Aftab
Aims and Objectives of Business Market standing means position of an the enterprise in relation to its competitors. Innovation is the introduction of new ideas or methods in the way something is done or made. Productivity is an important activity of the business. In order to continuous survival andRead more
Aims and Objectives of Business
done or made.
To Read Full Article: Nature and Objectives of Business
See lessWhat are the rights and duties of partners in partnership?
Aftab
Rights of partners in partnership 1.Rights to take part in the conduct and management of business. 2. Right to be consulted and heard in all maters affecting the business of the partnership. Right of free access to all records, books and accounts of the business, and also to examine and copyRead more
Rights of partners in partnership
Duties of partners in partnership
What is role of brand extension?
Aftab
Role of Brand Extension it increase image of parent brand It gives new identity to the brand. It allows subsequent extension. it clarified Brand meaning. It increases market coverage of brand as it brings new customers. It increases revenue of parent company.
Role of Brand Extension
Is brand extension good or bad?
Aftab
Brand extension means entry in new segment of market by big company, which has already huge marketplace in different industry. Brand extension is good but companies need to done lots of research. Because it takes huge investments to enter into in marketplace and effect overall image of the brand.
Brand extension means entry in new segment of market by big company, which has already huge marketplace in different industry.
Brand extension is good but companies need to done lots of research. Because it takes huge investments to enter into in marketplace and effect overall image of the brand.
See lessWhat is the purpose of brand extension?
Aftab
Purpose of Brand Extension To enhanced parent brand image. It increases market coverage. it clarified Brand meaning. Consumers can seek varieties. it saves Cost of developing new brands.
Purpose of Brand Extension
What are disadvantages of branding in business?
Aftab
What is Branding? Branding is a part of marketing. it often used when companies want to introduce, position and establish themselves in the market. it is a creation of value of the product in the mind of consumers. Disadvantages of Branding in Business Huge development costs, branding involves hugeRead more
What is Branding?
Branding is a part of marketing. it often used when companies want to introduce, position and establish themselves in the market. it is a creation of value of the product in the mind of consumers.
Disadvantages of Branding in Business