When starting a business, there are numerous ethical and legal issues that must be considered by a business owner. Taking…
Types of ESOPs Types of ESOPs There are broadly speaking three types of ESOP options as follows: Incentive Stock Option…
What is Exit Strategy? Exit strategies related to startup funding are quite often misunderstood. The “exit” in exit strategy is…
These are the elements of marketing plan: Product or Service Prices Promotions Distribution Channels Product or Service The first step…
What Lenders and Investors Look for in a Business Plan? Banks usually are not a new venture’s sole source of…
Need for Developing Business Plan A business plan enables to demonstrate to stakeholders, including founders and investors, that there is…
What is Cultural Environment in Business? General perception about entrepreneurship development is that it is based on cultural and ethical…
What is Social Environment of Business? Social environment prepares background for entrepreneurial activities. Today business is regarded as a social…
What is Technological Environment of Business? Technological forces constitute the technological environment. These forces include the expertise, procedures and systems…
What is Economic Environment? Economic environment refers to all those economic factors which have a bearing on the functioning of…