Hi! Why don't you try starting "a" business before attempting to start a "chain" of businesses. I'd recommend a search around the keyword of "bootstrapping a business". There are many blogs out there that have great content on that such as commonwisdom.co.uk
- Define the appropriate market you're targetting - List major producers and consumers by geography and key products. - Visit their websites to get more informantion. - You can buy reports from consulting platforms which are expensive. - Or contact an expert via like me via clarity for calls or i...
A good starting point for determining valuation is 3x your annual profits. That said, you may find a 1 - 2X variance up or down depending on the type of product(s), the category or categories you sell in, your total number of SKUs, etc.
It is essential to focus on the features and functionalities of the rental marketplace when building a robust construction equipment rental website. This ensures a seamless experience for the users and enhances the operational efficiency & scalability of the platform. So, key recommendations in...
There are many car rental software available in the industry. Most of them are SaaS software that are charged on a monthly recurring basis. While they do provide all basic functionalities, such as a rental booking calendar and returns tracking, they can be highly expensive in the long run. Let ...
So this is a great question and requires a relatively complex answer. And this is NOT legal advice. The first answer is that No, in most cases do not patent the invention yet. Often a provisional patent will do just fine, much cheaper and faster to market. Most inventor patents out of the gat...
Really good question. You can do it via one of three ways: 1) Provisional Patent. if an implementation of their system to his new market would be patentable (i.e. using machine X to make donuts instead of jewelry), then you could file a provisional patent on the idea. Provisional patents are ver...
Hi, Jeff Walker is a good guy, but of course he didn't come close to inventing the pre-launch or the launch. Concert goers are very familiar with winning concern tickets by calling into radio stations or winning vip treatment, or back stage passes, lunch with a star, the list goes on. Likewise,...
There is a tremendous amount of buzz surrounding content marketing and its need within a brand’s overall marketing strategy. Doing content marketing is much more than publishing on your blog occasionally and posting your thoughts on social media. “Do stuff and maybe it will work” is not a strate...
To answer this, you need to have a working model for your customer LTV (Life Time Value). Most startups can't accurately estimate their LTV, so if you don't have good enough data, then building your CAC based on assumed LTV numbers can be fatal. In this case, it's better to evaluate your CAC ...