Hone decor / furniture industry is one of the highest profit promising industry today. The profit margins on home decor ranges from 20% - 45% depend on the price of the product. If you're looking to get quickly popular, I suggest you start with the online store and promote it on offline as well. ...
Hi, This is a huge question and one that I often get asked - from various aspects (investors, founders, service providers...). General answer: there is no 'magic percentage' that a founder should hold - it all "depends" on the founders, on the investors, on the size of the investment, the indus...
Although this isn't my area of expertise, I've asked a colleague of mine who is one of the top lawyers in this field, and I'll get back to you once he does. Just private message you so that I can respond (these questions are posted anonymously). I've successfully helped over 300 entrepreneurs,...
It depends on their business model. I have experienced some apps a) just add on user base so that they can monetize the app as an asset . So they do not charge anything for the app or within the app b) Some use advertisements within the app
1. Similar things exist - like Houzz. But that doesn't mean there isn't a need - see point 5. 2. Probably a progressive web app (this is an app that's actually a website but looks like an app). It really depends on the key functions that you need. 3 + 4: I would not buy products and then sell t...
I don't need 3. The first and only thing that you should do is a Proof of Concept (POC) / market validation. Only if it shows positive results, should you move on to the next stages (MVP, funding, founder's etc - depending what you already have/don't have). You can read how to do the validation...
Yes, Toontastic appears to be the best app to use and it was developed by Google.
I am not a lawyer and you should talk to a lawyer for professional legal advice. That being said, I would assume you won't run into any issues because you are creating original art instead of taking art someone else made and passing it off as your own. There is a chance the celebrities you paint ...
Any relevant certification can help your business in my opinion. This will help show your clients you know what you're doing. Providing a high quality product will always help your business more than any certification can, but a certification can help you get your foot in the door. I'm happy to g...
I’ll take it as a given you are operating a “brick & mortar” construction (equipment rental) business and with this, allow me to propose a few “flexible” marketing moves, you may consider (online or offline): 1. PUBLICITY/PUBLIC RELATIONS - Online or social media write-ups; Offline publication w...