HOW TO CREATE A BREAKEVEN BUSINESS PROPOSAL | EASY STEPS

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Business Proposal Made Easy:  A user-friendly process for creating and submitting business proposals that saves you time and effort. Creating a breakeven business proposal involves thorough research, analysis, and planning. Here's a step-by-step guide to help you craft one for a successful business: 1. Understand Your Business Concept : Clearly define your business idea, including the product or service you'll offer, target market, and unique selling proposition (USP). 2. Market Research : Conduct comprehensive market research to understand the demand for your product or service, competitors, pricing strategies, and consumer behavior. Identify potential challenges and opportunities in the market. 3. Cost Identification : List all the costs associated with starting and operating your business. This includes initial setup costs (such as equipment, inventory, and legal fees), ongoing operational expenses (such as rent, utilities, salaries, and marketing), and variable costs

SKILLS YOU NEED TO SUCCEED JOB HUSTLE

 

10 SKILLS YOU NEED TO SUCCEED SIDE  HUSTLE

1.                Selling Skills

                                         Image source: www.puzzlepartner.co 

In the concepts of Robert Kiyosaki, “If you can’t sell, you don’t make money!”

Selling is a vital part of virtually any side hustle or creative effort. Entrepreneurs sell opportunities for investors and products to customers. Novelists sell the value of their ideas to agents, publishers, and eventually readers. If you want your creative goals to be more than a hobby, you need to start learning how to sell, and the best way I’ve found is through practice.

In the University, I have a friend who worked as a Real Estate agent firm where most of his pay came from the commission, which pays his way out of school. As an introvert, the idea of approaching strangers, striking up a conversation, helping students to find accommodation and school staff to find land to purchase for their needs, and trying to close a sale was pretty intimidating — but he stuck with it. Two years later, he had outlasted every other agent in two. And accounting to him, he is still benefiting from the experience today.

2. Writing Skills

In my case, most of my goals involved writing. So after my time in digital banking retail, I spent roughly two years writing blog posts across the web for free, letting who cares to discover my potential. When most people think about improving their writing, they go buy a new writing software or read a bunch of blog posts on writing. But a smarter way to improve is to read extensively, pausing to notice how different techniques impact you as a reader.

 

3. Versatility and Flexibility 

One thing is without a doubt, the manners in which firms work and business is going to change. The world was at that point evolving quickly, yet the pandemic quickened it. There will be not many "employments forever." Someone that is going to prevail in a post-coronavirus-world should have the option to adjust to ever-developing work environments and can persistently refresh and invigorate their abilities. 

 

4. Technical knowledge 

Perhaps the most ideal approaches to set yourself up for a present coronavirus-world is to get innovation abilities. The COVID-19 pandemic is optimizing advanced changes in organizations as they are attempting to become stronger to future flare-ups and interruptions. Innovations, for example, man-made reasoning, large information, the Internet of Things, virtual and increased reality, and mechanical technology will make organizations stronger to future pandemics, and anybody that can assist organizations with abusing these advancements will be in an extraordinary position. Regardless of whether you work in a plant or a bookkeeping office in a post-coronavirus world, you should be OK with these tech devices just as have the option to work with them viably. 

 

5. Power of Imagination and Innovation 

We have just observed the significance of imagination and advancement during the pandemic. Organizations that have had the option to think of approaches to convey benefits essentially (in the same way as other human services suppliers have done) or rapidly move to new items (like Mercedes F1 that have moved from making hustling vehicles to creative breathing guides) have had the option to all the more likely climate the tempest. In a post-coronavirus world, we will require human resourcefulness to design, think up new items and methods for working. Human inventiveness will be fundamental. 

6. Information Literacy

As the fuel of the fourth Industrial Revolution, information is a basic resource for each organization. With the correct information, organizations can all the more likely foresee the effect of future business interruptions and are better ready to serve clients with the correct items and administrations during or after any pandemic. Organizations that comprehend business patterns and moving client needs are better ready to react in the accurately should a future pandemic tag along. Be that as it may, the information is pointless to an organization except if there is information education—individuals furnished with aptitudes to comprehend the information and settle on better choices as a result of it. Experts with information education will be significantly more engaging in planned businesses than at any other time in recent memory.

 Read: 5 TOP SECRETS TO BECOME A SUCCESSFUL ENTREPRENEURIAL

 

7. Analytical Thinking 


                                                       Image source: www.pngkit.com

Another expertise that will be fundamental as our worldwide economy reconstructs from the harm done by COVID-19 is critical reasoning. During the pandemic, we have seen a spike in counterfeit news and deceptions of information and studies, as pioneers, organizations, and governments are attempting to move fault and occupy consideration and legitimate examination. Individuals who can impartially assess data from different sources to figure out what is sound will be esteemed. Not all data ought to be trusted, however, associations should depend on basic intuition to comprehend what data ought to advise dynamic. 

 

8. Digital marketing and Coding Skills 

The advanced change of associations got a lift due to coronavirus; along these lines, experts with computerized aptitudes, including coding, web improvement, and computerized advertising, will turn out to be significantly more significant than they are present. Individuals who can keep the advanced business running—and flourishing—during monetary downturns or pandemics that make face to face business incomprehensible or less effective will be on the must-recruit list. What's more, essentially, ALL organizations are presently carefully situated somehow or another, so the chances to give advanced abilities something to do are endless. 

 

9. Leadership 

One of the adjustments in a world that are intensely expanded by the help of machines and where social separating and home working may proceed for years to come, is that more individuals at all degrees of an association will be in a position where they lead others. The gig economy is just going to develop post coronavirus, and individuals will be working in increasingly familiar groups where individuals are starting to lead the pack on various occasions. Experts with solid aptitudes in authority, including how to draw out the best and rouse groups just as energize cooperation, will be sought after. 

 

10. Emotional Intelligence 

Firmly connected to authority is another aptitude that is considerably increasingly significant in dubious and testing times: Emotional Intelligence (EQ). The capacity to know about, express, and control our feelings and know about others' feelings is the thing that enthusiastic insight is about. Now and again when individuals may feel questionable about their activity and the eventual fate of their business, it is vital to associate with individuals on an enthusiastic level. People with solid EQ will be desired by associations all things considered and in all enterprises. 

 Other topics: HOW TO BE FOCUS IN LIFE- Learn How to Be Focused in Life and Attract Success

WAYS TO HAVE A MORE POSITIVE ATTITUDE AT WORK

6 Reasons Africa Professional Business Needs Digital Marketing


Thanks for reading. If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.

 

 This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission of Kingsmond Ehimare. 

 

 

 Kingsmond Ehimare


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