Tag: bada business

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Business motivation

5 Ways To Determine Which Franchise Business Is Best For You!

5 Ways To Determine Which Franchise Business Is Best For You!
5 Ways To Determine Which Franchise Business Is Best For You!

Two years ago, Ram Prakash Misra from Kanpur decided to quit his job in a multinational company and start his own business. But, due to a lack of experience in starting something new from the scratch, he decided to consult with an old colleague who was thriving as a franchise owner of a popular food chain.

After a quick meeting with him, Ram Prakash Mishra decided to get into the franchising business, too. After four months, he says his career change has been a profitable one.  He now spends his time cleaning the ducts of air conditioning and heating systems. So, though Ram Prakash Mishra is happy cleaning air conditioners, it is not for everyone.

But, if you want to get into a franchise business, you are in luck. There are thousands of different types of franchise businesses that you can buy into at various levels of investment of both time and money. But, how would you determine which franchise business should you invest in?

Here is our ultimate guide to choosing a franchise business.

1. Choose the Right Franchise By Knowing yourself

Before you decide to jump on any franchise business opportunity, you need to first understand yourself. You will need to take more than just a step back to analyze your interests, requirements, and many other aspects of your personality. Be brutally honest and introspective about what you are trying to accomplish by buying this business.

2. Ask yourself what do you want out of a franchise business

People buy a franchise for multiple reasons. Ask yourself is this something you want to do out of the hobby? Will you want to make it a primary source of income? Are you looking to build equity? Would you eventually want to buy more than one franchise?

These questions might appear simple, but the type of business you eventually pick is the result of what you are trying to accomplish.

3. How much you are willing to invest?

You might have an idea or you might be contemplating on what type of business you want to get into, but calculating how much capital you are ready to invest will give you a clearer idea and a realistic sense of franchise opportunities that are possible for your budget.

Like any other business, you should not expect that your business will be profitable since day one. Also, loans will not be easy to come by. So make sure that you have enough money to live off while you get off the ground.

4. What is your exit strategy?

This is a common yet the most neglected question that potential entrepreneurs fail to ask themselves. It is important, to be honest about how long you would want to continue it. Is this something you would want to do for 4-5 years? Or is this something you will continue as a legacy? Having a clear answer is very important because different franchisors have different restrictions on selling to other franchisers.

5. How much risk are you willing to assume?

This is one of the most important questions; you must ask yourself before investing in a franchise business. Once you have reviewed your financials, you can probably get a sense of how much risk you can take. Some well-established franchises are working for many years and have a great record of franchising success, but they are not exactly on the cutting edge anymore. Similarly, many new companies are riskier, but they can potentially offer higher returns. By keeping your risk-taking abilities into your consideration, decide on investing in a franchise business.

A franchise business is a wonderful option for those who want to start their own business, but don`t want to begin from scratch. To decide and choose a franchise, you will need to evaluate the pros and cons of both of them. Hope the above-mentioned questions will help you discover and select the best franchise business.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

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Startup

Bank or Investor? Choose The Right Funding For Your Startup Business!

Bank or Investor? Choose The Right Funding For Your Startup Business!
Bank or Investor? Choose The Right Funding For Your Startup Business!

Summary: When thinking about starting a business, which type of funding should you choose?

Starting a business is easy if you are your investor. However, seldom it happens in the real world. So, if you are thinking about becoming an entrepreneur and want to start your own startup business, chances are that you must have thought about the investment too.

You may also have realized that you don`t have sufficient funds on your own to get started. So that leaves you with two choices: one is a loan, in which the lender makes its money by you paying the loan back with the applicable interest over a set period. The other is an investment, in which the investor is given a percentage of ownership (i.e., number of shares) in the business in exchange for providing the capital.

A loan and an investment are two different things. This is why you want to keep in mind what your audience is while making a business plan. The ways that lenders versus investors make money are completely different. Hence, you will require different business plans.

Here are a few factors are given by the best business motivational speakers that one must consider while choosing the type of funding:

1. Return on Investment (ROI)

If you are looking for investor funding, your prospective investors will want to see an ROI scenario with the current valuation and estimated future valuation of the business. So how will you determine that? The current evaluation of the business can be determined via the requested investment amount and the percentage of ownership given in return for the investment is how future evaluation will be determined.

For entrepreneurs, it is important to note that the valuation of investors is largely based on perception, especially for startups. The potential investors may or may not agree with your perceived valuation.

If you are looking for a bank loan, ROI does not apply to your business plan. This happens because the bank makes money by having the loan paid back with interest.

2. Exit Strategy

If you seek investor funding, prospective investors would like to know all the possible scenarios in which they can exit from having a financial interest in the business. Many possibilities include the investor selling their shares back to the company, or the business failing an investor losing their money. An investor plan will explain each possibility to exit.

If you are seeking a bank loan, you will not need an exit strategy because the bank only has a vested interest in the business during the term on the loan. Unless you don’t plan to get out of the business before the term on the loan is up, an exit strategy is not needed. Once you have paid the loan in full amount and the term is up, the bank has no interest in the performance of the business.

3. Projections

If you need a bank loan or other form of debt, your income statement should declare the interest expense, while your principal loan repayment would be shown in your cash flow statement. However, if you seek equity financing then the interest expense and principal loan repayment will both be zero.

Bank or investor? There is not a straight and simple answer to this. While banks are more inclined towards tried-and-true-business models, investors are usually interested in innovative ideas that can disrupt the business environment in some capacity.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

You can start your startup business from the scratch with the guidance and hand-holding support of a personalized business coach.

Categories
Business motivation

4 Vital Traits That Keep Businesses Relevant For Customers

4 Vital Traits That Keep Businesses Relevant For Customers
4 Vital Traits That Keep Businesses Relevant For Customers

Summary: Staying relevant should be the priority for the entire organization and not just one function, product, or service. Those that understand this stay in business while others fade into the sunset.

Since the foundation of growth and success for every business is staying relevant to their consumers, companies always try to focus on it. However, over the past few years, the dynamics of business have changed. Earlier, once established, companies used to worry about the changes that will make them irrelevant. Today, these changes take place over months or every couple of years.

A recent example that tested the relevance of companies across the globe is COVID-19. Small or large, companies of all the scales were tested at a short notice to operate in a virtual model and pivot their businesses. Companies like Amazon had inherent agility built into their business to utilize the moment of disruption. And this is why they sustained. But many startup businesses failed to even sustain themselves for the first few weeks and collapsed.

At the pace the world is changing, companies can no longer stay glued to familiarity. Entrepreneurs must learn that transformation is not an endgame. So, it is critical to provide value to their customers at all costs.

Here is a ‘Formula of Four’ that can position your startup businesses in a better place than others to stay in the game no matter what:

1. Customer is the Only King

To embrace a customer-driven approach is not an option, but imperative for companies. Making it an obsession to value customers can be the ultimate key to success. By placing the customer at the center, startup business can prioritize their activities with ease, pivot quickly when needed, and optimize their products and services.

For instance, the ideology of Airbnb`s- create a world where anyone can belong anywhere- is the major driving force behind the strategy in the customer service, product development, recruitment, and the markets that they explore.

2. Innovate or Die

Conventional business practices and processes are passé. It is time to embrace an inclusive approach that looks from the customer`s point of view and then translates it into a product or a service. Creating exceptional customer value is the need of the hour. To reach this stage, you must understand the broader context and the driving forces behind the change.

For example, Adobe, when moved to a cloud-based subscription model their revenue dropped initially, but later registered much higher growth than before.

3. Reinvent Yourself

Once established, startup business should keep reinventing themselves. Self-disruption helps to embrace the future by building an organization that is constantly becoming better with each passing day. However, it also challenges entrepreneurs in more than one way. It puts more emphasis on progression than on perfection, on learning than knowledge and founders have to reimagine conventional ways of thinking, working, and executing. If you want to make your startup business a winning company, think without fear. Winning organizations are unafraid to disrupt themselves.

4. Learn From Failures

Self-disruption is not for the weak-hearted. It is easier said than done and involves great risks. Failing small and building big on success, taking calculated risks and small bets, and encouraging it as an organization-wide culture is vital to stay relevant in the business world.

Hence, learning from failures and to keep exploring multiple small ideas is the key to becoming a successful small business.

In these challenging times, staying relevant is a constant journey of inventing, reinventing, and not about landing with a perfect solution. And this should be the quest for the entire organization and not just one specific branch or hierarchy.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Get your Business game back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. To know more, visit: www.badabusiness.com

Categories
Startup

The Bada Start-Up Show: Top 3 Reasons Why Entrepreneurs Must Participate

The Bada Start-Up Show: Top 3 Reasons Why Entrepreneurs Must Participate
The Bada Start-Up Show: Top 3 Reasons Why Entrepreneurs Must Participate

A great idea, it takes a form of reality that can result in the “next amazing venture”. Anyone can have a big idea to start a startup business, but no market exists for just creative ideas. What separates wantrepreneurs from entrepreneurs is the ability to execute a vision.

Turning an idea into a tangible product or a service that can resolve customers` problems take a ton of effort. And the hardest part about running a startup business is to build it from the scratch. Meeting investors, raising funds, learning the ropes, and finding those first few customers is far from easy.

Success requires hard work, determination, and passion. So among many other millions of things that you are doing right now to take your startup business to next level, entering into entrepreneurship competitions could also be the perfect catalyst that you might need right now.

Many shows provide an excellent platform to startups and their founders where they can showcase their journey. Startup shows and competitions not only get small business startups ‘out of the building’ and provide them recognition, but they are also a great way to begin validating your business, products, and service.

Startup shows give a chance to young and fresh entrepreneurs to share their struggles, ideation, hard work, and endless efforts that go behind their products and services. Though it will take great efforts from the participating startups, the recognition and exposure that these shows will give the new ventures are enormous.

Apart from that, there are many other advantages startup businesses can gain by entering into competitions than the prize. We are sharing the best ones with you below:

1. A Chance to Meet Your Competitors

Participating in a competition can give you a larger picture of your business. It will force you to think and rethink critically about every aspect of your business. You will get an opportunity to know your industry, competitors, distinct challenges, and the market you are addressing. In order to compete, you will have to assess the competitive landscape, set your short-term and long-term goals, and define your value proposition.

Not all shows and their formats are created equally. There exist a wide variety of platforms that are tailor-made for specific industries, company stages, etc, and thus, every entrepreneur should do in-depth research before jumping in.

2. Helps You Find Your Perfect Pitch

Pitch, Pitch, Pitch! Talk to any entrepreneurs and they will tell you that they are always thinking about ways to pitch their startup business plan to investors and stakeholders. But telling your story, pitching your business idea, or selling your value proposition requires patience and practice. However, when you are competing against others, you will have to find what works and what doesn`t to be your best version.

Test your pitch on your friends, colleagues, family, or your teammates. Take their feedback, observe how they react, and don`t be afraid of rejections.

3. Startup Shows Help Your Optimize Unique Value Proposition

Competition forces you to think ‘out-of-the-box and get creative to stand above the rest. At times, you will have to put down your business on paper. Hence, practicing your written communication as well as your presentation skills is essential to build your unique identity as a brand to create an exceptional recall value.

This process can give immense benefit to your startup business regardless of how you perform in the competition or if you win it. If you are looking for an amazing show where you can provide the exposure to your startup business that it deserves, you can take part in The Bada Startup Show.

The Bada Startup Show is also a unique kind of show which is meant to provide an excellent platform to a small startup business. The major goal of the Bada Startup Show is to empower the Indian SMEs and MSMEs by showcasing their journeys on National Television and social media channels of Dr. Vivek Bindra, founder and CEO of Bada Business Private Ltd. He is also one of the best motivational speakers and leadership consultants in India.

The Bada Show will give a golden chance to startups across India to showcase their entrepreneurial journey and get their story covered by celebrity anchors. Not only this show will be a huge platform to reach a wider audience at no cost, but will also give global recognition as Dr. Vivek Bindra`s YouTube channel has 17+ subscribers.

It is important to understand that entering into any competition requires endless efforts and determination with no guaranteed returns. However, learning is great! And experience is valuable. There is much more to gain by entering into competitions than the prize.

So are you ready to participate in the Bada Startup Show exclusively for Indian entrepreneurs? To participate, you can click here: https://badastartupshow.badabusiness.com

Categories
Sales

4 Crucial Factors To Write Perfect Sales Copy That Sells

4 Crucial Factors To Write Perfect Sales Copy That Sells
4 Crucial Factors To Write Perfect Sales Copy That Sells

Summary: The right words can make you more money than you can ever anticipate. Want to know how? Discover how you can generate more leads by choosing your words wisely.

Only a few things have earned the title of “most-frustrating” in this world and of those things is spending hours in writing a copy that fails miserably. Where a well-written copy can get you qualified leads you need to keep your startup business growing without interruption, a bad copy can result in various losses.

Many entrepreneurs lose their sleep over it to analyze why their copies have failed to perform. If you are a writer, you probably analyze it too, but even if you are not a copywriter, it is critical to understand the critical elements that make a copy good.

If you don`t want to be at the mercy of your marketing director or ad agency, you must understand the inherent structure of an excellent copy that sells.

But, if you are not a trained copywriter professional, how can you ensure that the copies for your products and services are not lacking the essential elements? Worry not!  Given below are the 4 pillars that will persuade your potential customers to take the desired action:

1. Headline

Headlines are significant. And still many people do not invest much time in thinking about the headlines while writing copies. The headline is essentially the ad to your ad. It is crucial to grab your potential customer’s attention to make them read the entire message. To craft a perfect copy, it has to tap into your target audiences` core beliefs that resonate with their desires and deeper aspirations.

If done correctly, it will trigger a spark in that prospect`s emotional core and that`s when the magic begins that can change doubt into confidence, despair into hope, and fear into courage. This pillar might require you to invest time, but once it is optimized, it will attract customers to your startup business like a moth to the flame.

2. The Promise

Every winning ad copy is written upon the foundation of a “big idea” which is the benefit that you have promised to your customers. The first two paragraphs after the headline constitute the lead. It serves the function to restate the promise of your product or service. However, it also states who is it for, and who it isn`t for.

Once your well-written copy grabs the customer`s attention, he or she begins wondering if it has something for them. At this stage, it is your lead`s job to clarify what your product or service is and what it will deliver. If the message is not clear, a reader will get confused and a confused mind almost always withdraws and says “NO”. A winning lead should be clear, concise, and deliver that promise that you have made.

3. Bullets

We all are aware of the clarity that bullet points provide us in any presentation, article, or blog. These are concise statements that offer insights about benefits but do not reveal anything. The purpose of bullet points is to arouse curiosity. The bullet points that are excellently crafted have elements of mystery, novelty, promise, and vivid imagery. This invokes an image inside a customer`s mind and makes it easier to make readers take action.

4. Body Copy

Body copy is that part of the sales argument, which is often the least-read part. Most of the readers skim through this portion in an unconscious attempt to figure out how it is beneficial for them to read the entire body of the sales letter. To attract more customers for your startup business, use subheadings and unused bullets to divide the letter into distinct sections. Add some images, sales arguments, promise, and proof and push tactics to craft a unique selling proposition around your startup business.

If done right, a copy can become a frictionless call to action. Apply the above-mentioned 4 techniques while crafting a perfect copy for your ad copies. You can boost your sales easily with the right guidance of a business expert.  Learn to generate high revenue earning products for sales, generate payment links for customers, managing account-related details. Solve your problems in just one click: www.badabusiness.com

Categories
Motivation & Mind Control Strategy

5 Ways To Work Efficiently In Teams At Workplace

5 Ways To Work Efficiently In Teams At Workplace
5 Ways To Work Efficiently In Teams At Workplace

Summary: Success needs collaboration, communication, and people. No one has ever succeeded alone. But sometimes managing different people from distinct backgrounds can be a little tricky. Discover 5 ways to work with people, efficiently.

Clarity and kindness can go a long way when it comes to building and running a startup business successfully. While your business idea might begin in your head, to materialize it, you will need a highly efficient team. Even if you are working in a corporate world, teamwork is an essential skill.

So if you are someone who wants to get along with people at your workplace or looking for easier ways to build the high-productive team for your startup business, here are 5 ways:

1. Provide Constructive Feedback

Working in a group when the deadline is reaching nearer can get difficult. Conflicts are inevitable in that situation. So instead of getting caught up in a useless argument, focus more on a solution. When two people are working together, disagreements are pretty normal. So instead of focusing on the negative part, bring an actionable solution to the table that helps take things forward.

2. Appreciate & Give Credit

If someone has done a commendable job, acknowledge and appreciate the. But do not limit it only to the team. Do it when you are talking to your investors as well. Appreciation makes individuals valued and more invested in the company.

You can also organize a wall of fame or Rewards & Recognition ceremony where team members get rewards for their efforts and get a shout-out from their fellow team members can be a great way to thank your colleagues and subordinates. When people feel demotivated and exhausted, a concrete memory of successes can help them keep going.

3. Be Accountable for Your Mistakes

If something goes wrong and it`s your fault, be honest and accountable. The first step to finding solutions to a problem is to accept it, be upfront about what happened. While your first impulse might be to underplay it and sweet it under the rug, avoid doing it like a plague. Don`t try to blame someone else, as it will only cause more problems.

4. Understand Your Strengths

Being aware of your strengths and weaknesses can make you more efficient and productive. Before taking up a new project with a different team, you must take inventory of the strengths and weaknesses of your teammates.

5. Stick to Schedule at all cost

Emergencies can throw everything off the table and can catch you off guard. So from the start make some ground rules with your team, such as for how long a meeting will last and how often will those meetings happen. It is easier to get pulled in all directions instead of focusing on one thing. Figure out how people like to communicate and talk things out. Whether short meetings or long meetings are perfect, or would you rather do an email or chat update at the end of the day.

It makes sense that you would like to finish up work that is been delegated to you, but sometimes to finish work on deadlines, you can ask for help from your peers. Once the word is done, acknowledge them for their help and say thank you.

Gratitude always goes a long way and when you are working in a potentially stressful situation, it can help you to build an amicable environment. The above-mentioned 5 things will help you to work with people most efficiently and will bring productive results.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Get your business back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. To know more, visit: www.badabusiness.com

Categories
Business motivation Strategy

4 Ways Passive Income Can Take Your Financial Worries Away!

4 Ways Passive Income Can Take Your Financial Worries Away!
4 Ways Passive Income Can Take Your Financial Worries Away!

Summary: Do you want the freedom to work on what you truly desire, rather than having to go into a job that pays you well but leaves very little time for you to enjoy things you truly love? Passive income could be the answer.

“Don`t let making a living prevent you from making a life”—John Wooden.

John Wooden, the guy who said it, interestingly lived for almost 100 years. Now, whether you want to live for 100 years or not, you want to make enough money to lead a comfortable life.

Now, if that sounds like you, would you like to know how you can do it? Would you want to know how you can lead a comfortable life even when you can`t work anymore?

What if we told you there was a way to make money without having to work for it? Passive income is the most effective way of making money with minimum effort. With passive income, you can change your financial future. And yes, we are not kidding!

What is passive income and why is it so essential?

Passive income is a source of income that is generated without requiring any additional effort on your part. You can make money from investment, property, or business that can generate earnings. It is not something that you earn from a regular job. In simpler words, passive income is what you make when your money makes for you.

Watch how passive income can change your life here. 

Here are 4 ways in which you can change your financial future:

1. Freedom of Time

Stability and security, passive income provide both to those who don`t want the worries and restrictions of a 9 to 6 desk job and still want to enjoy the freedom without having to think about paying their bills. Those who wish to spend more time with their family without having to think constantly about their monthly financial deadlines can generate income for their future with passive income.

2. Less Stress & Fear

Though money is not the most important thing in life, it can certainly make a lot of things easier. Hence, it`s no wonder that a lot of people these days feel stressed out because of their financial instability. Making money without having to constantly worry about deadlines and a bad boss can completely change your life and level of happiness.

Fear of the future can reduce the quality of life, making it difficult to enjoy the present. An extra source of income can eradicate the worry about how will you make your ends meet. All these benefits can make us feel better emotionally, mentally, and physically.

3. Flexibility to live & work from Anywhere

The freedom and independence that come from passive income are incredibly addictive. You can live, travel and work from anywhere. You don`t have to rush through the early mornings and sit for 9 hours despite finishing your work.

For those who want to travel the world with zero financial worries, passive income is an incredible opportunity. This is a chance to live the life of your dreams while being able to enjoy financial stability. Passive income also allows us to take care of the travel cravings by allowing us to explore incredible beautiful places sans the worry for our financial future.

4. New Growth Opportunities

Do you know what is heavenly? To be able to make money without having your superior standing over your shoulder and telling you what to do. The independence to do things at your own pace boosts productivity and gives you ample time to focus on things that are much more important.

When your income is automatically transferred to your bank account, you don`t have to constantly worry about meeting your needs.

Instead of having to run off to your workplace and your toxic manager, creating a passive income can help you lead a good life. You can focus better and train your mind to achieve more. These were the 4 ways in which passive income can stabilize your financial condition.

Are you looking to find solutions for your burning problems? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks that are designed to empower you with various business functions. To help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Categories
Strategy

9 Killer Lead Generation Strategies To Sky-Rocket Your Business Sales

9 Killer Lead Generation Strategies To Sky-Rocket Your Business Sales
9 Killer Lead Generation Strategies To Sky-Rocket Your Business Sales

Whether you are an entrepreneur or an established brand that has lost its spark in the business world, digital marketing can give you unprecedented opportunities to attract and convert leads.

Digital marketing is the undisputed king of the digital world. A lead generation is a process of attracting and converting your prospects into customers.

So, why lead generation is essential for your business?

For the obvious reason that it can lead to more sales that ultimately means more revenue. The more leads you will have, the more robust your business will be and the profit too. However, no set pattern will prove to be a hit with your customers.

This is the reason that you must experiment with different avenues to help you reach a wide variety of people. When you are focusing on generating leads from organic traffic, it is important to diversify your efforts and implement different strategies to convert more people.

1. Research For Keywords & Hashtags

Organic traffic relies on your ability to understand how your target customers and other prospects are looking for your products and services on search engines. You must know relevant keywords for your business, along with the competition of those keywords.

Incorporating well-researched keywords and hashtags can optimize your website or social media page, making you more visible and easily searched.

2. Understand the Personas

Before you begin writing your next blog, shoot a video or redesign your website for its big launch, it’s highly recommended that you create a ‘Buyers Persona’ so you know exactly who your target audience is.

A buyer`s persona is understanding your target audience. Their age, gender, religion, region, buying behavior, how they spend their time on the internet, and their buying behavior can give you some rare insights that will prove beneficial for your business.

Once you understand who your target audience is you can begin the process of creating content that will resonate with your prospect.

3. Pick your Social Media Platforms Wisely

Sharing your posts, blogs, and videos across social media will increase the chance of your content engaging with your audience. But it is recommended to research to find out which platform suits your product or service the best. Every social media platform is just another search engine that’s waiting for your keywords. So don’t stop at just one!

4. Publish Interactive Content

Whether it is B2B or B2C, interactive content is a hit amongst the customers across social media platforms. The most popular is the online quiz when it comes to B2C. These quizzes can be anything related to the current trend, viral event, or something about your product and service.

Interactive content is highly compelling as the cycle of input and feedback keeps the audience glued to their seats. However, if done wrong, it can be cheesy as well.

5. Use Product Videos

If you are good at weaving stories then you can make your content videos. Videos in today`s world can work like a charm with your target audience. Videos can increase landing page conversions even when people are not watching them completely. You can hire a graphic designer and a video editor can bring your stories to life with amazing graphics, reels, and videos that will help you to generate leads.

6. Set the Frequency

The more good content you create the more organic leads you will generate. But, it is essential to set a frequency. When your audience is online and more engaged should determine your frequency of posting.

Where less posting can lead to less engagement and audience reach, too much posting can make your audience ‘unfollow’ you. Be sure to check your social media insights and analytics as they can guide you to come up with powerful content marketing strategies.

7. Be Consistent in posting

When you are looking to increase organic leads, it is important to be consistent in posting content. Both your audience and search engines value consistency.

8. Check the Analysis

Understanding the keywords and posting relevant content is very essential to your understanding of organic traffic. When you understand your target audience, it is easy for you to analyze where your website is ranking highest, or which blog, article, post, or poll is bringing massive engagement. This will help you to find out where your organic visitors are landing on your websites.

9. Modify to Make Engaging Content

Once you have done the analysis part, it will give you a fair picture of what is working and what is not with your target audience. You can modify, add or subtract a certain dimension from your content to make it more engaging.

Organic leads are your potential customers who might be interested in your company or a specific product. By using the above-mentioned strategies you can engage a wider audience to convert more leads.

You can boost your sales easily with the right guidance of a business expert.  Learn to generate high revenue earning products for sales, generate payment links for customers, managing account-related details. Solve your problems in just one click with a personalized coach. To know more about business coaching program, visit: www.badabusiness.com

Categories
Business motivation Strategy

5 Must-Know Tips For Entrepreneurs To Win a Tender

5 Must-know Tips For Entrepreneurs To Win a Tender
5 Must-know Tips For Entrepreneurs To Win a Tender

Whether you are running a small business or a large organization, getting a government tender is not an easy task. The secret to landing big contracts is not deeper pockets or more manpower; it is about getting your prospects to trust you.

The tendering is of two types- Open Tendering & Selective or Negotiation Tendering. The tendering process is quite complicated and needs to be submitted within a specific time frame.

If you are a newbie and want to win a business tender, you can watch 10 amazing tips on how to win a tender:

Here are 5 expert tips from Dr. Vivek Bindra- the best motivational speaker in India that will ensure that your business wins the next tender:

1. Get Tender Information As Early As Possible

If you want to acquire a government tender, it is vital to acquire all the relevant information in detail before your competitors. Getting the information as early as possible will give you sufficient time for preparation.

Before filing for any tender, it is also essential to do a NICE analysis. A NICE analysis stands for Need, Interest, Concern & Expectation. Recognize its competitive diagnosis, identify your strengths and then decide whether you want to fill this tender or not.

2. Check & Recheck all the Information

After filling up all the details, it is very essential to check, re-check, double-check and cross-check to ensure that no column or box is left. When filing a tender, it is critical to check that you have not incorporated a presentation unnecessary. Always make double sure that you mention only what is required to win the tender.

  • Ensure that each & every column is addressed properly.
  • Provide a document related to the recent project to demonstrate your capabilities.
  • Explain your USP.
  • Factors like compliance, language, clear writing, proposal filling, and proposal copy should also be taken care of.

3. Client Focused Compelling Story

No matter how many languages, compliance, and technical details you mention in your tender. One fact that is undeniable is that it is meant for humans and will be read by human beings. Hence, make a presentation that includes a compelling story that will touch their hearts.

4. The relationship can Amplify Your Possibility of Success

Relationships and good networking skills are useful in today`s business world. A good relationship with your peers helps you to cultivate trust, which increases your credibility in the market. Later, you can also get help from your peers to acquire information about a particular company or a person to get assistance in winning a business tender.

5. Secure Your Gross Margin

When filing a tender, many businessmen file tender low price bidding to win the contract. However, under-cutting might help you to win a contract, but when it will come to delivery; you will have to face pretty tough challenges.

“Expansion without Gross Margin is committing Suicide”, says Dr. Vivek Bindra- the best business motivational coach in India. Hence, secure your gross margin without overpricing it.

But if you have to bid your quotation at a higher price, always explain the rationale reason so that people do not reject your bidding straight away.

To get a better understanding of the requirements of the tender, always read the terms and conditions very carefully. It will help you to make a well-informed decision for your business growth.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. For more details, visit: www.badabusiness.com

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Business motivation

3 Key Tips For Young Entrepreneurs To Conquer Fear of Failure

3 Key Tips for Young Entrepreneurs To Conquer Fear of Failure
3 Key Tips for Young Entrepreneurs To Conquer Fear of Failure

Fear, uncertainty, doubt—these three emotions are experienced by any person who is willing to start something new. Young entrepreneurs who despite having exceptionally amazing money-making ideas choose not to pursue because of the fear of failure. Truth be told, the idea of starting a startup is scary. No doubt about that. But it is the passion and determination of entrepreneurs that overcome it and help them achieve success.

According to a survey conducted by Global Entrepreneurship Summit, “61% of Indian students consider entrepreneurship as being a good prospect to earn a livelihood in the country. However, around 71% of the young people in India fear failure as a stumbling block in their entrepreneurial journey”.

So, what are the common triggers for failure? And how can you overcome it to build a successful small startup business? Here are some of the best ways that will help you to overcome some of the biggest mental roadblocks that as an entrepreneur you might face:

1. Set Attainable Goals

If there is one trait that is common in entrepreneurs they can set goals. And setting practical goals is very crucial. Start by identifying what is the mission of your company and build attainable tasks. Having small goals serve as stepping stones to reaching your organization’s mission. They appear less intimidating and the company`s mission more digestible.

Everything does not have to be perfect, says Dr. Vivek Bindra- one of the world`s best motivational speakers in India. So do not worry about the details and set realistic goals that will give you a good indication of where to begin.

2. Focus on Passionate Community

Passion, determination, and hunger for success can only take you so far in business. Financial stability in the business is what will keep you afloat or else your bills will pile up. So, it is essential to identify and recognize your community. If you haven`t one, you should start building one that includes investors, passionate customers, and partners. These members will aid in your financial success. You can also get professional help by hiring a business motivational speaker who will help you grow your network.

3. Be Ready For an Imperfect Work-Life Balance

If you are an entrepreneur there is a good chance that the line between personal and professional life is blurred already. However, it is impossible to start a startup business without giving a thought to your family and friends. But with the right support system, running a startup doesn’t mean you have to compromise on your personal life. Ensure that you are surrounded by partners who understand the need for a personal and work-life balance and also don`t make you feel guilty about living your life.

As an entrepreneur, there is added pressure to be successful not only because of the partners, investors, and employees relying on you, but mostly because you are trying to prove yourself. So believe that your idea is worthy and you have the determination to make it happen. The above-mentioned tips will help you to get over your fear of failure.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. Learn more here: www.badabusiness.com