Tag Archives: business plan

Business Consulting, Business Consulting

Need to Change Hospital Business Model to Overcome Challenges- Healthcare System Post Covid- 19 and Growing Healthcare Cost

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The recent pandemic has turned out to be the greatest threat to business continuity and it affected all sectors of the business.  Hospitals and associated healthcare system which are in the frontline have been equally affected even though one will consider this sector benefited out of treatment opportunities. The magnitude of the problem and lack of infrastructures especially in the underdeveloped regions have badly affected the hospitals and clinics.  Many hospitals and clinics were not prepared Read more [...]
Business Plan

Pandemic and Business Continuity – Plan to Outline Organization Functioning During and After Pandemic

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Organizations worldwide have been reacting to the recent pandemic outbreak COVID-19, in a number of ways, from restricting non-essential workplace travel to canceling big events.   All organizations need a business continuity plan to keep moving in this pandemic arena.  An ideal business continuity plan outlines how a company can continue to function during and after the pandemic.  It includes planning about how the key services or products will be continued.  Some employees will be incapacitated Read more [...]
Business Research & Analytics

Important Points While Pitching for Angel Investment– Importance of Founding Team and Business Plans in Investing Decision

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While pitching for Angel Investors one needs to look into multiple factors that influence the decision. The market potential of the product remains as the prime factor. It is important for the founders of the startup to do preliminary market research and understand the market potential, and its influence over the business. They should be ready to explain the valuable insights like the market share, number of competitors, consumer personas, financial margins, and more. In addition to the same, one Read more [...]
Business Plan

The Importance of a Financial Forecasting in Business Plans – Main Components of Financial Forecasts

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Business planning is vital for the survival of any business and it is a strategic tool for entrepreneurs.  A well-documented business plan helps to focus on most important activities to make an enterprise to succeed.  A good business plan will have both short-term and long-term objectives which the management needs to focus on to achieve the same per the time scale. Financial planning and forecasting give life to Business Plan.  The financial planning includes various financial statements that Read more [...]
Market Research

Potentials of Beacon Technology in India – Attracting Shoppers with Beacon Technology

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Beacons are battery-operated devices that transmit Bluetooth signals to nearby smartphones.  The technology success of beacon is due to increasing smartphone users.  India has huge potential to adopt this technology due to the presence of its higher number of smartphone users. The content of retail beacon can reach to customers who have Bluetooth enabled and with right retail apps downloaded in their mobile.  While the Bluetooth device is on, and the mobile is in the broadcasting distance of Read more [...]
Business Research & Analytics, Market Research

Overview of Pharma Industry in India

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India is among the leading global producer of generic medicine and vaccine, contributing to 20% of the total global demand by volume in 2018.  The country also has a large pool of scientists and engineer who have the potential to steer the industry ahead to an even higher level.  Over 80% of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical companies. Data collection and Survey shows medicine spending in India is projected to grow 9-12% over the next five Read more [...]
Market Research, Travel & Tourism

Market Overview – Tourism And Hospitality Industry and Forecasted Growth of Industry.

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Travel & Tourism to be one of the world’s largest sectors, supporting over 319 million jobs and generating 10.4% of global GDP in 2018, according to data from WNWTO.  The industry generates 122,891,000 jobs directly in 2018 and forecasted to grow by 2.2%.  It generates jobs related to hotels, travel, airlines and other passenger transport services.  As per Business Research the direct contribution of Travel & Tourism to global GDP in 2018 was $2,750.7bn (3.2% of GDP).  The industry Read more [...]
Uncategorized

Influence of Demonetization in Growing Digital Payment in India

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The digital payment industry in India is stepping into new phase post the demonetization in Nov 2016.  With increasing mobile internet users, progressive regulatory policies the digital payment methods are rapidly increasing among all types of consumers.  Any purchase of goods or services through digital mode using internet is known as Digital Payment.  The money is transferred and received online without physical interaction of hard-cash, cheque or demand draft. The market started to see growth Read more [...]
Market Research

Importance of Financial Analysis in Business Plans – Overview of Main Components of Financial Forecast

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Business planning is vital for the survival of any business.  The business plan is a strategic tool for an entrepreneur.  A well drafted business plan helps to focus on vital activities of an enterprise in order to make it succeed.  A good business plan will have both short-term and long-term objectives.  The management needs to focus on those objectives per the defined time scale. Appropriate financial planning and forecasting give life to business plan.  The financial planning includes Read more [...]
Market Research

What is a Business plan? What are the Types of Business Plans and its Contents?

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Business plan is a document that serves as a road map to give direction to any business enterprise.  Generally, it is a formal written document containing business goals, methods to achieve such goals.  It also includes the time frame within which these goals need to be achieved with proper definition of short term and long term goals.  It describes the nature of the business, background information of the organization, financial projections, and the strategies it intends to implement to achieve Read more [...]