For my venture idea, I’ll pick up where I left off. I’m ready to pitch my idea about my juice and sandwich shop that I once operated in Alanya, Turkey. Although I know there are a lot of other companies that offer juice, smoothies, coffee, and sandwiches, in Alanya now, I do strongly believe that … Continue reading Market Analysis For Venture Idea → Continue reading →

What are the factors in deciding what form of ownership is best suited for the potential business? When you start a business, you must decide whether it will be a sole proprietorship, partnership, corporation, or limited liability company (LLC). Which of these forms is right for your business depends on the type of business you … Continue reading Setting Up The Company → Continue reading →

To make my point as clear as possible, I’ve decided to attack this question from a different angle. When my sister was getting married, there were a lot of things she and her fiancé had to consider. Building a business plan is sort of the same as building your wedding, so think about business planning … Continue reading Why Most Business Plans Fail → Continue reading →

From the two business models, “The Five Component Model” and “The Business Model Canvas”, I personally prefer the last of those two. You may ask why? Well, to me the canvas model seems more thorough. The model is based on research, and it is suggested that the model is made in teams. I see myself … Continue reading Designing Business Models → Continue reading →

It’s easy to copy what is seen as working in today’s market. It’s a tough game, and anything you can do to help kick-start your new business, blog, WebTV show, podcast, service, product or digital magazine in a positive manner is understandable. However, I’m a big believer that the advantages of innovation in business go … Continue reading The Art of Innovation → Continue reading →