Business is any activity that is performed for the survival of an individual. The activities primarily involve exchanges of goods or services in exchange for…
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Types of Businesses
There are various types of businesses. These types vary based on who owns the business, what the business does in the market and how it…
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What is Winner’s Curse? Definition and Example
Definition: Winner’s Curse is a term generally used in the auction when the bidder who overpays the value of the product wins the bidding. The…
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What is fixed expense? Examples of Variable Costs
The expenses that occur in businesses are classified into two types – fixed expenses and variable expenses. Fixed expenses are those expenses that do not…
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Variable Expense
The expenses that occur in businesses are classified into two types – fixed expenses and variable expenses. Fixed expenses are those expenses that do not…
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General Partnership Explained – All You Wanted To Know
A general partnership may also be referred to us a business partnership or ordinary partnership. It should not be confused with either a limited partnership…
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Types Of Warranty and their meaning
A warranty is a promise or guarantees to provide some assurance from one party to another that certain conditions or even facts are true. If…
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Meaning Of Objective Statement And How To Create One
An objective statement is a short statement which describes precisely what you are looking for or what you want. This can either be in job…
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What Is Gross Profit Margin And How To Calculate Gross Profit?
In a company, matters to do with finance play an integral role in determining the direction of the business. It is always prudent for the…
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Five Simple Ways to Market Your Local Business
Marketing your local business is a project that every business owner must take seriously. There are many ways to market a local business. The steps…
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8 fantastic ways to manage multiple businesses efficiently
Some people have a very focused behavior – They will concentrate and focus on one business and grow that one business consistently. They are known…
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How to move up the Competitive ladder?
If you want to tackle competition, then like a wrestling match, you have to take them one by one. You cannot attack all your competitors…
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4 questions to ask yourself before targeting new customers
If i ask 100 businessmen out there what they want, each one of them will say that they need more customers to grow their business….
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How to gain market share from competition in 3 simple steps?
Business is never simple. There are so many dynamics involved in our day to day business lives that we sometimes don’t know which work to…
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How to Analyse and Defeat your Direct competition?
Many a times businesses are not motivated enough because they know their competitors but do not analyse their direct competition. At other times, the businesses…
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Difference between Price competition vs Non price competition
Every brand that we see today, has a market strategy. But more then the market strategy, the pricing strategy matters and competitors can be differentiated…
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