In continuation with our previous article on ‘Strategies to learn from big business failures – I’ where we analyzed three prominent business case studies (Blockbuster, Kodak and Hummer) to help entrepreneurs and business owners derive meaningful tips for...
In life or business, the best lessons are learned not just from the success stories but also from the saga of failures and struggles. This is the reason why so much emphasis is laid down on analysis of case studies in business schools. In this article, three prominent...
Financial preparation is a critical part of any business expansion project. Talking about financial preparation, three aspects that come to the forefront are the financial liability that will arise from a new project, financial ability to execute the project and...
In order to start a business or to expand and embrace growth, every entrepreneur or a business enterprise at some point of time in its life cycle has to look out for investments from the outside. Self-funding is better but it’s a slightly rare phenomenon. Small...
Simply speaking, the price of a product or a service is its monetary value at which it is offered for sale in the market. The price of a product is arrived at after intensive deliberations and brainstorming based on data and information pertaining to various...
Association with a management consultant can help a business enterprise minimize the risks involved in the implementation of solutionsHiring management consultants is commonly considered as a practice restricted to big domestic companies or MNCs. However, that is not...