1. The pandemic caused its gross bookings and net revenue to plunge. Uber cut 6,700 jobs — around a quarter of its staff — in March alone. 2. One notable bright spot was its UberEats business, which has seen explosive growth in comparison. 3. In the first 3 quarters of 2020, the company posted a […]
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Is your pricing link to your cost directly? Is your business profitable? Pre lockdown while I was on assignment speaking to an Entrepreneur I realized one thing… Guess what? Pricings of many businesses are not directly linked with actual cost…… ok then In many businesses, indirect cost is assumed & in some cases even ignored.
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How to Identify Non Performer in business We all agree that both in Sports or Business, there are performer and non-performer Simple to say change non performer but difficult to identify them; right??? Before we jump to how to identify, let’s chat on who can be a non-performer?? It can be your SKU’s your
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Is Business Information So Critical Every Business has its own key areas, to know more about it or to Improve in Extracting Reliable Business Information you can connect our Executive on info@sncoglobal.com or Whatsapp on 9321725227 #businessadvice #business #businessinformation #sncoglobal
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Scaling a Business: Best Strategies to Use and Mistakes to Avoid 1. What is scaling in business? – Scalability is a characteristic that describes the capability of a business to perform well under an expanding workload. 2. Business Scaling vs Business Growth – To keep things simple, growth refers to an increase in revenue whereas
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How Starbucks uses pricing strategy for profit maximization 1. Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company’s first significant price increase in 18 months. 2. Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower
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High Margin/Low Volume vs High Volume/Low Margin 1. Today’s business environment offers us rapid technological evolution, an ever-changing retail landscape as well as amorphous customer trends. 2. Some companies have become infamous for their fast sale cycles and large customer attrition. 3. At such a point, how to make profits from a low margin/high volume
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Marketing Research before going international 1. Competitors 2. Customer Base 3. Investors / Shareholders Want to know more about it? Here’s an article for the same: https://www.startupgrind.com/blog/the-importance-of-market-research-before-expanding-internationally/ Also, our expert panel of entrepreneurs is ready for your questions, do follow this link to ask any question regarding your entrepreneurial journey:https://sncoglobal.com/#q&a
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How to host a successful Seminar and Webinar ? 1. Clear name 2. Valuable content 3. A call-to-action 4. Professional design and space 5. Follow up If you want to know about it in more detail, do read this article : https://lnkd.in/gw6RysQ #webinar #seminaire #Entrepreneur #businessadvisors
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Time Management is very essential as an Entrepreneur Is one hour of your time really worth it as a business owner? 1. Be smarter about the work you accept 2. Outsource wisely 3. Ruthlessly cut expenses 4. Work hard to maximize revenue-generating hours Here’s an article that’ll explain these pointers in detail: https://gusto.com/blog/business-finance/calculate-hourly-rate-entrepreneur We have the
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