It’s an obvious question that pops-up in the mind that what makes start-up groups struggle despite having hundreds of options for incubators and accelerators. The answer is simple; not all of them are reliable. Start-ups don’t want deals; being the entrants, they seek valuable experience. They are hungry to perform and have the enthusiasm to deliver; all they need is an effective global business opportunity.
The accelerators or incubators should realize this need of the start-ups to cater to the exact solution that could be effective for them. Moreover, it is important to show them the ways of scaling up the venture for noteworthy growth. To be specific, it has become imperative for the start-ups to learn international business management strategies to address all dimensions of challenges. In short, they basically need support until they feel established as a venture in their concerned domain. Add paragraph text here. Not just the start-ups, as discussed above, investors are also in a surge of magical economic reviving. However, unfortunate, but it’s true that the circumstances are not supportive. It won’t be wrong to claim that for someone concerned about the economy, there is no difference between helping an investor and a start-up. After all, start-ups are very much like the explicit options remained for the investors in modern times. However, in a timid economy and market scenario, it’s genuinely getting tough for them to find a start-up having convincing new business opportunities. Also, there are other investors having incredible plans for the start-up they select, but struggle while materializing the same. Related Article - How to Choose The Best Angel Investors For Your New Startup Business Transcending confusions As said above, there are hundreds of options that an investor or start-up can find for an accelerator or incubator. It often makes them confusing about which option to pick. In such scenarios, it would be wise to keep things simple. All that one could do is to focus on the specific need. For example, if the concern is business process management, enquire the efficacy of the accelerator in a specific domain. Moreover, look at the level of association that the concerned service provider is having. It should have enough options for each aspect to cope up with the challenges that start-ups confront. Be it about a start-up or an individual investor; it’s more about passion than the money. An accelerator or any supporter of them should be concerned about them. It’s also advised for the start-ups to convey that money is not just their only concern. They must also value the services of those providing explicit marketing opportunities. Even the greedy capitalists invest in a start-up or venture coming up with something visionary as an idea. With proper pitching and presentation, a start-up could easily grab opportunities. Reference URL - sinbexventures.mystrikingly.com/blog/concerns-of-investors-and-start-ups
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How is COVID-19 affecting the startup ecosystem in India? What measures can we take to overcome it?8/25/2020 The ongoing coronavirus outbreak is significantly affecting the startup ecosystem in India. It has been observed that most of the startups are now trying to deal with the condition by adopting work from home methods as much as possible. Besides, they are also trying to finding out different methods to conduct sales as well as client meetings. But it is still unclear about how startup business strategy would deal with the future circumstances if the condition worsens.
A recently conducted study by All India Manufacturer’s Organization reveals that a greater number of livelihoods will be affected than the lives due to the coronavirus outbreak. The ground reports say if the current situation continues for more than one month, the small businesses or MSMEs in India will vanish. Small businesses and other MSMEs are considering the backbone of the Indian economy and have offered employment to 114million+ people. Besides, MSMEs are recorded to contribute around 30 percent of the country’s GDP. One of the major factors the propel the startup business to grow is Startup Fund Raising. The recent outbreak has affected this badly. The reason is most of the angel investors and Venture Capitalists are now unable to visit the country for meetings. This is something that can’t be done over telephone or video chat. On the other hand, the current situation has forced them to think twice before making an investment in startup companies. Furthermore, weak balance sheets have created obstacles in obtaining finance from NBFCS and other banks. This further resulted in the pilling of stock, which is causing losses. Moreover, there is now limited accessibility to China’s raw material. So, all these have greatly disrupted India’s startup ecosystem. How to overcome the condition?
Reference URL - https://sinbex.wordpress.com/2020/08/24/how-is-covid-19-affecting-the-startup-ecosystem-in-india-what-measures-can-we-take-to-overcome-it/ If you have a startup business and want to invest in, then hold on. This is not aa right time to enter into the market at all. The ongoing coronavirus outbreak has severely affected the world’s economy. All most all the businesses are gone down. In fact, most of the leading companies are also functioning with fewer staff. The current condition suggests that this is not the right time for the startup business strategy to enter the market.
Some of the major reason is insufficient availability of raw material, lockdown for an uncertain period, and people are now only buying essential products. The production of various products, especially electronics products, has gone down. If you are planning to import such products from other countries, then, for now, this is not possible... Read Article - Startup - Corporate Technology Joint Venture Reference URL - http://sinbexventures.mystrikingly.com/blog/how-risky-is-it-to-consider-a-startup-to-invest-in-when-coronavirus-is Well, not just small businesses, all most all the well-established businesses are going through a challenging situation due to the on-going coronavirus outbreak. It has severely affected various countries’ economic conditions. In fact, it has predicted that it will take many people’s lives in a strange way over the new few months or can even years. Surely, things will not be the same.
All most all the startup businesses located in both affected and non-affected countries are now facing a lot of difficulties due to the global shutdown caused by the COVID-19. They can’t even rake the risks of keeping the business unit open with fewer staff. Small companies are now facing issues like loss of employees, project cancellation, zero production, and more. The major problem is profit. The sales level has gone down dramatically fora few days. Most of them are functioning on a very thin profit margin. If we talk about the U.S. market, around 50 percent of small business owners of the U.S. said that if such a condition persists for more time, their business won’t be able to run for more than 3 to 4 months. Let’s have a look at a recently conducted study report. The U.S.’ small business owners respond to the ongoing coronavirus outbreak The recently conducted study obtained a response from 10,000 startup business owners. The result was:
Recently, AIMO- All India Manufacturer’s Organization conducted a study to know the current condition of the small business in the country. The report shows if the condition lasts more than one month, around 43 percent of MSMEs may shut down their company. India has more than 75 million MSMEs, and most of them are now suffering losses in their business. The reason is the production and sales have gone down due to the unavailability of the required resources.Some other issues include pending employee salary, pending bills, no income, no transportation of the products, and more. The large companies may survive the condition, but for startup businesses, the situation is getting worsen every day. Reference URL - https://sinbex.wordpress.com/2020/08/17/how-has-corona-virus-affected-your-startup-business/ Speaking about the business incubators, they are firms that support startup businesses and help them to establish and grow by offering all the required resources and services. They organize various incubator programs that help in accelerating the startup development process. With time, they are getting more popular among startups. But choosing the right one can be a very challenging task because in the market you will find a lot of options. However, while choosing one, there are somethings that you need to look for in the incubators. Here are those things. 1. Mentoring Most of the startups don’t have enough experience in establishing and managing a business. This is where they need support from someone who can help them in this or provide them with the necessary advice. This is what the incubators do. Those who are well-known incubators come with a strong mentoring network. So, before choosing one, make sure that they offer mentoring services. With this, you can obtain ideas about idea validation, gap validation, as well as market analysis. 2. A required workplace If you don’t have a workplace to start your business, then don’t worry. An incubator can offer tailored working spaces and all the required amenities at affordable prices. During the initial stage, they go through a tight budget. The amenities and the space provided by the incubators help them to eliminate unnecessary capital costs. They can now spend on the money on the necessary things. You will not feel burdened. 3. Fundraising One of the biggest supports that an incubator can offer the startup is to get access to effective fund raising opportunities. The reason is well-established incubator has contacts of angel investors, virtual capitalists, incubation centre, and more. So, make sure the incubators you are choosing have such a network. Well, there are some incubators who provide startups with seed money. When you become a part of an incubator ecosystem, you will find it much easier to enjoy various fund raising options. 4. Technology support Always look for technology support offered by the incubators. For example, internet connectivity, servers, cloud technology, and more. All such supports will help you in rapid prototyping and development. 5.Training All the incubators offer training through in-house personnel or experts from different industries. This is quite critical in various domains, such as taxation, legal, regulatory, and more. By utilizing the knowledge and skills obtained through training, you can easily manage your business. If you need any help in locating the best incubator, you can always take the help of SINBEX. Contact them now. It has been observed that most of the entrepreneurs looking to kick start their startup generally get confused about the ideal source of getting funds. If you do a little research, you will find a lot of options. So, choosing the reliable sources of startup financing can be a daunting task. Well, to help you out in this, here are some common sources of funding. Let's look at the sources in detail. 1. Personal savings For most of the entrepreneurs, personal funding is the best option to kickstart the startup without owing someone's help. One of the major benefits of personal savings is you will have complete control over your business, and you are free to take whatever decision you want. You don't have to depend on others. However, if your business fails, you will lose all your money. 2. Crowdfunding This fund raising method involves a process of taking a small amount of money from a huge number of people, generally through the internet. Such funding source utilizes a massive network of your colleagues, family, and friends through the social media platform. This can be a great option for you, but arranging funds using this method can take a lot of time. 3. Angel investor Talking about the angel investors, they can be wealthy individuals or established business owners who invest startup businesses in exchange for some portion of shares in your business. But to attract them, you need to have a good business plan and a pitch stating your future business plan. Different studies have proved that a majority portion of angel investors prefer to work with angel investors as they offer maximum flexibility. Besides, as they are business experts, they also offer valuable advice and other required assistance to start your business. Furthermore, they offer flexible business terms. 4. Venture capital When you need a huge amount of capital, you can always get in touch with VC Funding. But they invest in exchange for the company's equity. They get returns when the startup goes public. Just like angel investors, they also bring expertise and skills to the business in which they have invested their money. They also open up doors to important individuals and business partners. SINBEX brings you a perfect and easy to use platform using which you can easily get funds from different investors. The best thing about the firm is it helps you in preparing an effective pitch to easily attract investors. So, don't think much now and get in touch with SINBEX now. |
AuthorSinbex provides Startup Business strategy and Marketing plan. Sinbex is helping to all startups to grow their business. We are providing world-wide investment platform along with Investor like Angel Investment for Startup Business. We are also help to arranging all types of resources. ArchivesCategories |