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10 Must Haves For Startups To Grow
1. Website: www.searchengine-optimization-guru.com Email: seogurutech@gmail.com 10 must haves for Startups to GROW By Prabuddha S Raychaudhuri, CEO SEOguru Technologies Website Development | Search Engine Optimization | Graphics Designing
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9. Website: www.searchengine-optimization-guru.com Email: seogurutech@gmail.com Managing Cash Flow Cash is KING . Majority of startups fail because they run out of cash in the first year of operation. Develop skills for proper management and utilisation of cash funds for further expansion of business. Build a cash buffer (typically 3-6 months of expenses) by regular investment. Cash buffers will see you through the tough times when your sales are poor or when market crashes e.g. recession.
10. Website: www.searchengine-optimization-guru.com Email: seogurutech@gmail.com Networking and Mentoring For an entrepreneur, especially in his/her first venture, always seek advice from qualified mentors. Mentors not only guide you to overcome challenges but can also refer new customers or venture funds for your business. Use the power of networking through organizations like TiE, NEN, Startup Saturday, NASSCOM as well as other industry bodies to showcase your company products or services, get peer reviews and win businesses. Since business is done on referrals and word of mouth, networking with other business owners can do wonders for your business.