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The Best Entrepreneur Advice of The Year - Vasant Ramachandran

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The Best Entrepreneur Advice of The Year - Vasant Ramachandran

  1. 1. THE BEST ENTREPRENEUR ADVICE OF THE YEAR Vasant Ramachandran VASANTRAMACHANDRAN.NET
  2. 2. Many people dream of owning their own business. Many followed their dreams and succeeded. Others failed. A number of entrepreneurs offer words of advice and encouragement in an attempt to help business owners become more fruitful.  VASANTRAMACHANDRAN.NET INTRODUCTION
  3. 3. Someone might venture into owning a business equipped with only a fraction of the knowledge they need to survive. Owners are responsible for many different aspects of the endeavor, which include financing, certifications or licenses, legal matters, employees and material sources. Some of the best advice a potential business owner might consider involves working in the industry for a while. Gain the knowledge of all sectors of the industry before taking the plunge.  Gain the Knowledge 
  4. 4. DISASTER PROOFING  Showingaprofitwhenthebusinessisgoingwellisallfine andgood.However,whatmighthappenintheeventofafire, alawsuit,unforeseenmedicalissuesorothernatural disasters?Businessownersmustplanfortheunexpectedin advancebymakingsuretheyhaveinsurancecoveragethat coversdamage,legalandmedicalmatters.Intheeventyou loseoneormoreemployeesunexpectedly,thereneedstobe abackupplanforthesituation.Businessesshouldalsohave atleastsixmonthsofincomeinreserveintheeventofan economichardship.  VASANTRAMACHANDRAN.NET
  5. 5. Business accounting is time-consuming. By automating the process, business owners save time and manage their accounts more efficiently. Various types of software enable businesses to accomplish many different tasks that include monitoring expenses and profits, paying bills, sending reports and planning for tax time. Systems might be upgraded even further by adding payroll to the list of chores handled by software.  Modernized Bookkeeping 
  6. 6. TIME MANAGEMENT  Business owners often find themselves burdened with multiple obligations simultaneously. Many make the mistake of trying to accomplish too many tasks and failing miserably because not enough thought and time were devoted to doing the job well. Business owners must learn to prioritize their time and attention. Make a to-do list based on importance and work from there to accomplish everything one step at a time.  VASANTRAMACHANDRAN.NET
  7. 7. In order to have a successful online business venture, owners must set goals and pay attention to the techniques needed to obtain high search engine rankings and traffic to their websites. Test pages to ensure that images, texts and products are appealing to the demographic of consumer you are trying to attract. Work with website building and marketing companies. Online Business Strategies 
  8. 8. THANK YOU FOR YOUR TIME. For more information, please visit VasantRamachandran.net VASANTRAMACHANDRAN.NET

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