b2bmagazine

  Currently, global unemployment is at an all-time high, and employees are facing different wrath of the pandemic—especially while struggling to strike a perfect balance between personal as well as professional life. During the lockdown, entrepreneurs, as well as employees, took a toll with such sudden changes. Those who managed to survive the testing waters are sailing towards success. Also, another highlight is  women entrepreneurs , in general, have been doing this for several years, but with the wake of COVID-19, their struggle is being noticed and appreciated in the industry. Another aspect that this pandemic has highlighted is the work-life balance. With the lockdown imposed in several parts of the world, the  work-from-home (WFH)  approach was adopted.  Though this approach safeguarded the employees from the virus it sure did give rise to several other problems. Rise of Hyper-communication With the adoption of the WFH approach, every employee was reachabl...

  COVID-19 outbreak has given birth to several new entrepreneurial stories happening all around the world. Though few businesses have suffered, there are various businesses that are  performing better now  than in the pre-COVID era. There has also been emerging companied with unforeseen services and solutions, being invented on a regular basis. Likewise, the  creative minds  have also reinvented their services to be fit in these times. The quick “ thinking on your feet ” has benefitted these entrepreneurs as the ‘ new normal ’ has demanded new ways of thinking. Interestingly, there are some entrepreneurs who are flourishing beyond their wildest dreams. So, what are the qualities of a successful entrepreneur that sets him/er apart from the crowd? We have listed down the essential eight Ps of successful entrepreneurs below, Perception: Success story of Bata The feature of Bata is the optimal example of this vital trait. Bata shops are located all over Africa. The ...

  A business proprietor doesn’t consequently mean being an entrepreneur. If that would have been the scenario, we wouldn’t require a new and complicated term. An entrepreneur is someone who initiates a business, taking on monetary risks in the desire of profit. Agreeing to the economist  Joseph Alois Schumpeter , “ Entrepreneurs are not fundamentally inspired by profit but witness it as a specification to evaluate accomplishment or success .” Peter Drucker , well recognized as the  father of modern management  enhances the explanation by highlighting “ change ” and “ opportunity ” as entrepreneur characteristics. He describes the entrepreneur as  “A person who always looks for change, acknowledges it, and utilizes it as an opportunity”. Below listed are the top 15 entrepreneur characteristics which would help us understand the term more effectively Creativity Entrepreneurs mostly have the dexterity to chalk down a lot of concepts and ideas and then execute them....

  The rapid spread of the  coronavirus outbreak  has significantly impacted the global education systems. The educational institutes around the world have been forced to shut down due to the social distancing measures. The pandemic has impacted schools as well as higher educational institutes. These impacts are especially visible in the domestic higher education institutes in which a significant percentage of international students are admitted every year. In the US alone,  Chinese students make up  33.7 percent  of the student population, while Indian students comprise of  18.4 percent . This means a high percentage of students are missing out on quality higher education. Moreover, due to the  lockdowns , the academic schedule of institutes across the world has also been disturbed, creating uncertainties among students as well as institutes. A Move towards Virtual Learning To cope with this scenario, the most effective tool in keeping student ret...

  Coronavirus   has impacted several businesses and has eventually impacted global economy drastically. Since the outbreak of the COVID-19, numerous businesses are in economic recession. It has also been anticipated that this coronavirus crisis will thereby cause a more significant global recession. Furthermore, the franchising industry has also been affected to a larger extent. Especially the franchises related to the hospitality sector have faced a severe wrath of the pandemic. The supply chains related to these franchises have also dealt with loss during the lockdown.  Regardless of the sector, all the companies and the businesses involved in franchising industry have the same concerns over risk management, partner selection, enforcement of quality standards, and legal and regulatory compliance. Taking the current scenario into picture, several companies and  businesses  have planned their reopening. After quite a long time, the world is reviving, and people ...

  Franchise helps people to own a business and continue their dream of  starting their business . Another important reason for them to choose to be a franchisee is that rather than establishing their own because of the potential financial returns and the opportunity to be their own boss. A collaboration of such a kind helps to grow the ability under a common brand along with sharing the benefits of a larger group of business owners. As a new franchisor, there are many ways it can increase the franchise sales. Either you can sell them yourselves, outsource, or hire a professional. Listed below are the 5 things that you are probably not doing to sell more franchises: Create a website solely dedicated for recruitment: The franchisor should make sure that he has created the website for the recruitment. The website should have a solitary purpose of entertaining those who wish to purchase the franchise. It should be designed with proper etiquettes for the recruitments. He can also p...

  Parents are becoming more wary of their kids’ happiness these days. They are investing more time and money into various activities to impress their children. To uplift their moods, parents are opting to buy some cool gifts for them. By gifting these gadgets, parents are hoping to know their kids’ hidden talents. For that, Smart Wearables are the perfect pick to make sure kids are engaged. The functions such as camera, video recorder, calculator, and motion sensor are added to these to make sure they match the kid’s expectations. Modern day gadgets like smartwatches aren’t just for adults anymore. Today’s kids are growing up alongside technology, which is also updating very fast. These kids are well versed in using computers, tablets, phones, and much more. Technology has a distinct footprint in modern life and has come very far from what it was 10 to 20 years back. Parents’ requirements are quite different regarding their kids, some want to track their GPS location at all times, ...