business planning

How to use Porter’s 5 forces in a startup

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It can be very useful for an entrepreneur to use Porter’s Five Forces analysis. It gives a good understanding of the competitive environment in which you are operating and identifies areas of focus. By analyzing each of the five forces, you as an entrepreneur can gain insights into the strength of your position in the market and the level of competition you face. It helps you make better strategic decisions and position your business for long-term success.

Shoestring Budget: 5 Low-Investment Startup Ideas

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Low investment startup: Starting a business is exciting, but it comes with the misconception of a large investment. Although some businesses demand huge investment, there are ways of working around it to give voice to your startup idea. With the right mindset, creativity, and resourcefulness, you can launch a successful business with minimal investment. In this article, we will explore various low-investment startup ideas that can help you turn your entrepreneurial dreams into reality without breaking the bank.

6 Must-Have areas in business plan for startup

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Business plan for startup: No matter what stage your business is in, the business plan is one of the most important assets. Looking back at my startup fundraising days – I can recall the number of times investors asked us multiple questions on it. Considering that it is the best asset you have as an entrepreneur, … Read more