HOW TO MANAGE YOUR BUSINESS

AWESOME IDEAS TO BOOST YOURS BUSINESS

 ENTREPRENEUR
 An entrepreneur is an individual who accepts
financial risks and undertakes new financial
ventures. The word derives from the French "entre"
(to enter) and "prendre" (to take), and in a general
sense applies to any person starting a new project or
trying a new opportunity.

 One who takes the initiative to create a product or

establish a business for profit; generally, whoever
undertakes on his own account an enterprise in
which others are employed and risks are taken.
 20 WAYS TO GROW YOUR
BUSINESS
 Open another location.
 Franchise your business.
 License your product.
 Diversity.
 Merge with or acquire another
business.
Cont……..
 Expand globally
 Expand to the internet
 Find ways to increase sales to your
existing customers
 Join forces to another business to
promote your company
 Breaking down tasks to last
activity in system
Cont……..
 Banking on networking.
 Focusing on cash flows.
 Result link reward system for
employees.
 Strengthening regional footprints
first.
 Risk taking.
Cont……..

 Perseverance
 Hard work
 Ability to choose good leaders
 Empowerment
 Institutionalization
Barrier to your startup’s growth
No players for the dream team
 You have to toss the equity apple at
team.
The coffers are empty
 The cash must keep flowing.
You control freak!
 Learn to delegate.
Cont…….
Man overboard.
intercept

Breaking away from the old.

Research well

Cracking the code.

Explore new market

The deepest cut.

Speed it up
 Partnering for growth
The right business partner can
help grow the baby you gave birth
to into a fine,young adult.
Cont…….
THE RIGHT PARTNER
Your vision is his.
Your weakness is his strength.
He has a different point of view.
He is able to bring funds.
Cont…….
PARTNER THE RIGHT WAY
Contribution
Profits and losses
Role and responsibilities
Withdrawal, death or disability
Resolving disputes

REVIEW AND RE-THINK

 Where to Find and Deploy Funds For
Growth
 Where to find funds….
 Debt
 Equity
 Venture capital
 Private equity funds
 Where To Deploy Funds…..
 Invest in R&D/upgrade technology
 JV and alliances
 Ad and marketing
 Manpower
 Franchisee network
 Infrastructure
 From Local to Global

 Local Touches.

 Go National First.

 Sea Of Differences.
Scale Up Your Sales
When do you move your business from sole
proprietorship to private limited?
 PRESENTED BY

SUMIT KANOJIYA