Business Tips

On this page, I share quick tips on Ideation, Creation, Building and Managing Business. On the other hands my Blog Page will give you access to a range of articles from me and other contributors to the website sharing insights, perspectives, methods and best practices. If you want to know more about my work and the ways you can benefit from it, Start Here.

Take the responsibility for shaping the future of your business. The responsibility to create a great future for your business and yourself lies pretty close to you. Look into the mirror!

Tip 7: Have you ever seen and wondered what these abbreviations mean? SaaS, CaaS, PaaS, and so on.

More and more “services” replace “products”. You can these days, for example purchase online accounting as a service instead of purchasing a software license and a computer to install it on. In addition to software, you can also buy Computation power as a Service (CaaS) or a Marketing automation Platform as a service (PaaS). The concept of X as a service (XaaS) can be used both in services towards your personal as well as your business needs. Today you can actually buy literally “Anything as a Service”. XaaS brings lots of benefits among which:

1. Replacing large investments for the users of the service with relatively smaller monthly fees
2. Transferring most of the responsibility for the hardware and software (uptime, quality of service, security, etc) to the provider
3. Flexibility and agility in improvements and adjustments as and when needed
4. Ensuring predictable streams of income for (XaaS) service providers enabling them manage their expenses and operations sustainably

Want to learn more about the role of XaaS model in digital transformation, you can read my article here. If you have further questions, write to me on here.

Tip 6: Top Five Platforms to Build Your Webshop

To build your webshop, you have different ways. You can use one of the “shop builder” platforms or use a “Content Management System (CMS)”. You can also use an expert develop a webshop for your from scratch. Each of these methods have their own advantages. To learn more in this regard, read my book. Some of the most famous platforms you can use are:

1. Shopify (shop builder)
2. BigCommerce (shop builder)
3. WooCommerce (Plugin to WordPress CMS)
4. Wix Ecommerce (CMS)
5. Jimdo (shop builder)

Want to learn more, you can read my article here, and, if you have further questions, write to me on here.

Tip 5: Ten Steps on how to build a webshop

1. Choose your niche
2. Name your business
3. Own a domain for your webshop
4. Choose your E-commerce Website Builder
5. Build your webshop
6. Preview and test your webshop
7. Launch your
8. Maintain and enhance your webshop

Want to learn more, you can read my article here, and, if you have further questions, write to me on here.

Tip 4: Five reasons why you should start doing Online Business

1. Bringing your business online is inexpensive
2. Limitless audience reach
3. Strengthening your company’s image
4. Freedom and flexibility
5. Reliable customer service

There are also other benefits to bring your business online. Want to learn more, you can read my article here, or my book here, and, if you have further questions, write to me on here.

Tip 3: Do you know how you can bring your new or existing business online?

To bring your new business idea or an existing business online, you need to decide which components of that business can or should be brought online. Use the Business Model (See My Business Tip 2) of your business to identify such elements and their sub-elements. Then evaluate the cost and benefits of bringing each of those elements online. Outcome of such a process is an updated business model which has online components built into it. Making those changes identified in your real business, is what is usually called digital transformation of your business. Want to learn more, you can read my article here, and, if you have further questions, write to me on here.

Tip 2: Do you know what are the nine components of any business?

You can visualize any business and how it works on paper by using what is called a ‘Business Model’. Business Models are used to be able to visualize the different components of any business and how they work. Understanding such components and their interaction is key to be able to improve and automate any business. There are usually nine man elements shaping any business: Customer value proposition, customer segments, channels, customer relationships, revenue streams, key resources, key partners, key activities, and cost structure. Want to learn more, you can read my article here, and, if you have further questions, write to me on here.

Tip 1: Have ever thought what does it take to build an Online Business? or to bring your Existing Business, Online?

If you are a Techie, you know. If not, you are perhaps scared to think about it, let alone touching it. But bringing your business online these days, does take much less efforts than you can imagine. No-one builds websites from scratch anymore. There is no need to code everything from scratch. There are numerous solutions at your reach which enable you to run a great Online Business with all its components such as a website, a web-shop, online payment gateway, social media channels, marketing automation and more in literally days, not even weeks. You can use these solutions to role up sleeves and bring your business online yourself or ask experts to help you in setting up your online business in matter of days and not weeks or months. Want to learn more, please write to me on here.

Build An Online Business in 24 Hours - Book Cover

Building an online business is a journey. But it does not need to be long and painful. Building an Online Business or Transforming an existing one Digitally, should not become a sophisticated paper exercise. Creating value for the customers and other stakeholders should remain as the aim of any business process including the Digital Transformation. This is more so for smaller businesses. 

My book ‘Build An Online Business in 24 Hours’, aims to inspire and show a roadmap to bring your existing or future business online in a short period of time.

To learn more about some of the subjects on this page, and to find out a roadmap to build an online business in 24 hours, read my book.