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Ten Things Your Competitors Know About beauty services at home in Mumbai

Ten Things Your Competitors Know About beauty services at home in Mumbai

Handling business expenses

Every business involves cash transaction and requires excellent money management skills to ensures smooth cash flow. Report in dicate a signinficant increase in cash circulation over the recent past besides highlighting bad cash handling practices accounting for the loss of 3% of the total revenue because of theft and robbery.

Managing your schedules efficiently

Staring a home beauty service at home with proper scheduling equals to setting out on an adventure trip without a mag/GPRS.scheduling your objectives and task on a day-to-day basis help you outperform your competitors in customer’s service accelerating your business revenue. Sound interesting, right? Your personal life. If you are perplexed and burden with this fact, you should switch to online schedule.

Reputation doth matter

The reputation of brand is built on the trust and confidence the customer develops over a period in the market and requires continuous effort to uphold, once earned. Researchers have found that your competitor could be a factor pushing you to enhance your reputation.

Reevaluating your business model

Take a closer look at your competitor business strategy if it is sales or profit maximisation. both are extremely different strategies and return different results. all small business man aim is making a profit in every single transaction because the wholesome burden of running your business will forever be in your thoughts.

The Plan-B

Look at your competitors on how they handle criticism, public/expert responses, and a blunder. Plan-B is a requisite not only to face head on with nature crisis but also to tackle every challenge you encounter on a day to day basis.

Comparing your product to competitors

It takes real guts to admit when your competitor is ahead of you for any given reason, and you might as well incorporate some of your co pituitary best practices that might yield you a better chance.

Go to hit the right chord

It could be technically impossible to transcend a giant competitor who has been in business for a greater tenure that yours. Amending the focal of your special; ligations, and identifying and bridging that gaps would benefit you with better outcomes.

Determining your niche

When the consumer is always impressed by new and cool updates, it is never too late to identify the niche of your product helps you thrive in the right market facilitating less competition with the better business.

Maintaining a strong e-presence

There is nothing like beautifying your website with catchy look, easy navigation and crisp information along with great customer’s reviews. You call also venture your E-commerce scene via advertisement.

Impacting your local scenes

While you are busy trying to increase your reputation in the international level, it is equally Imperative to attend to be part of community in your local market. You could attend various events which enhances your visibility and generates more business prospects

 

Rethink your strategy

STRATEGY

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One in three public companies likely won’t be around in five years, and the spread between the highest- and low­est-performing companies has never been greater, according to new research from the Boston Consulting Group (BCG). Identifying effective corporate strategy is more important than ever before, and this is the central theme of the latest BCG book, Your Strategy Needs a Strategy. Authored by BCG senior partners Martin Reeves, Knut Haanaes, and Janmejaya Sinha, the book explores the different environments that busi­nesses currently face, identifying and matching the right stra­tegic approach to a given situation. Their framework is called

the “strategy palette”. “The book explains a simple framework that we call the strategy palette, which divides planning into four styles. Firms can chose any of these styles, according to predictability of their business environment and how much power they have to change it. Leaders play a key role in this by making sure that the strategy is vibrant, dynamic and in tune with the changing environment. With a clear under­standing of the strategic styles available and the conditions under which each is appropriate, companies can make the best out of the opportunities available to them at hand,” said Dr Janmejaya Sinha, chairman, BCG Asia Pacific.          ♦

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The                   Discovery

Channel completes 20 years in India. “Dis­covery Channel has had a life changing impact on millions of viewers in India. The tremendous affection that it enjoys in India contin­ues to fuel our passion to relentlessly push the boundaries of factual enter­tainment and uncover the finest stories from across the world. On this occa­sion of completing 20 great years in India, on behalf of the entire team, I would like to express our gratitude to the viewers and clients who have expressed their admiration through this remarkable 20-year jour­ney,” said Rahul Johri, EVP & GM – South Asia,


Honest account

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The dramatic build-up to the overnight nationalisation of 14 banks in a single legislative sweep sets the stage for No Regrets. In this book, bureau­crat extraordi­naire D.N. Ghosh offers an eyewit­ness account of perhaps the most important event in India’s banking history post-Inde­pendence, baring the manoeuvr- ings behind the enabling ordi­nance and the pickle over fair compensation for the dispos­sessed bank owners. Years later, Ghosh enters the portals of the State Bank of India as its chair­man, at a time when the stir­rings of change have just begun to be felt in the Indian economy. Anticipating the future, he goes for a paradigm shift: to rid profit of its dirty word tag and place it at the core of the bank’s operating
strategy. Gradually, he takes SBI into the capital markets, estab­lishes its credit standing glob­ally, launches India’s first mutual fund and, above all, cajoles the trade unions into accepting full com­puterisation. Post­retirement, Ghosh steps into the cor­porate world. The could-have-been- academic tills the soil for certain reputable manage­ment institutes to bloom and grow even as he sets up the credit rating agency, ICRA. Full of untold stories, No Regrets is an honest-to-goodness account of a glorious career spanning over six decades and covering some epochal events whose reverber­ations continue to be felt in the corridors of bureaucracy, bank­ing and business to this day. The book was launched in Mumbai by Arundhati Bhattacharya, chair­man, SBI, and Deepak Parekh, chairman, HDFC.