Category: Tutorials

  • Business Plan Writing- Step by Step guide

    Business Plan Writing- Step by Step guide

    business plan is a draft or a written document of a business’s road map for success – a document that tells what you plan to implement and how you plan to execute.

    A good business plan guides you through each stage from start to managing your business. You’ll use your business plan as a road map to structure, run, and grow your business to the next level.

    Also Read: Axis Bank bought Freecharge from Snapdeal in $62 Million, Snapdeal bought it in $400 Million 2 years before

    Business plans can help you getting a right team on board or the required funding to start your journey. Investors want to feel confident they’ll see a return on their investment through that structured road map. Your business plan is the tool you’ll use to convince people that working with you — or investing in your company — is a smart choice.

    There is not any hard & fast rule to write a B-Plan, there is nothing like a right way or a wrong way. All you need is to describe all the needs and key elements involved in your way to business effectively.

    Basically, business plans are written in two common formats: Comprehensive B-Plan & Lean Startup Plan

    Comprehensive B-Plan Format

    You should love to write a comprehensive business plan if you love to plan a more detailed document for your business idea. Once you select the format, you should have to outline your plan in small sections for a more clear understanding. These sections could be :

    Executive Summary

    Briefly tell your reader about your company and its key elements. Include your vision, mission statement, product or service, and basic information about your company’s leadership team, organization structure. You should also include financial information and high-level projections.

    Company Description

    Make sure that, this is the section where you have to make your reader know about your company in detail. Define the problem statement, the solution you are providing, consumer behavior,  competitors, and every worthy point you can make to describe your company. Boast about your USPs, your strength in the competitive landscape, your team strength, and their expertise.

    Also Read: Yuvraj Singh Joins Creator’s Gurukul as Partner & Brand Ambassador, probably understanding the disruptive nature of the shared economy

    Market Analysis (Definition, Segmentation, Size & Positioning)

    Before going to tap a market, you should have a good knowledge of that. A proper market analysis will help you to write this section. Define your market, choose a particular segment for which you want to deliver your product/services. Calculate the size of your segmented market and plan a strategy to position your product/services to that market fit. Remember, a proper market analysis will help you only to succeed and also attract investors as per market size & opportunity.

    Organization Structure & Team Details

    Describe the organization structure of your business. State whether you have or intend to incorporate your business as a LLP or PVT. LTD or any mode. Use an organizational chart to lay out who’s in charge of what in your company. Show how each person’s unique experience will contribute to the success of your venture.

    Product or Service Description

    Describe what you sell or what services your company offer. Explain what problem is solved by or will be solved by your product/service. Share the details of IP registration, or plans for IP registrations. If you’re doing research and development for your service or product, explain it in detail.

    Marketing Strategy

    This is the section where you describe how to attract, acquire and retain customers. There’s not a single way to approach your customers. Your strategy should evolve and change to fit your unique market needs. Describe clearly your marketing strategy as per the psychological behavior (a study that) of your customer.

    Also Read: Why Mukesh Ambani Invested 1.5 Lakh Crore in Reliance Jio to disrupt telecom Industry ?

    Sales Forecasting

    Sales Forecasting is something tricky and calculations intensive. You’ll also have to describe how a sale will actually happen. You’ll refer to this section later after you make financial projections, so make sure to thoroughly describe your complete marketing and sales strategies.

    Financial Projections

    Like Sales Forecasting, Financial Projection is also tricky and calculation intensive. You should have to project all your expenses, sales, income before it will actually happen. Make a financial projection for at least 5 years or as per your need. This section also clears, how much investment you need and how you will spend your funds.

    Funding Requirement & its utilization

    From financial projections, you will get a clear view of your funding requirement and its utilization. Mention key data from that calculation here. This is a great place to use graphs and charts to tell the financial story of your business.

    Appendix

    In the appendix, use all the references used, or supported documents asked.  Some common items used are references, licenses, credit history, financial summary, legal documents, etc.

    Source: Entrepreneur Bus

  • How To Create Backlinks From High DA PA Websites Organically?

    How To Create Backlinks From High DA PA Websites Organically?

    Backlinks from high Domain Authority (DA) and Page Authority (PA) websites can significantly improve the credibility and search engine ranking of your website. In today’s digital age, it’s important for businesses to have a strong online presence, and building backlinks is an essential part of this process.

    However, it’s important to create backlinks organically and avoid any tactics that may be deemed spammy or low quality by search engines.

    In this article, we’ll discuss some steps you can take to create backlinks from high DA PA websites organically and improve the credibility and search engine ranking of your website.

    Create high-quality content that is valuable and informative to your target audience:

    The first step to attracting backlinks from high-DA PA websites is to create high-quality content that is valuable and informative to your target audience. This can include blog posts, articles, infographics, videos, or other types of content that offer useful information or insights.

    To create content that is more likely to attract backlinks, focus on creating long-form, in-depth content that covers a specific topic thoroughly and provides valuable information to your readers. Avoid creating shallow or spammy content that is solely designed to promote your website or generate backlinks.

    Share your content on social media to make it more visible to potential backlink sources:

    Once you’ve created high-quality content, it’s important to share it with your audience and make it easy for others to find and share. Use social media platforms like Twitter, Facebook, and LinkedIn to promote your content and make it more visible to potential backlink sources.

    Include relevant hashtags and share your content with relevant groups or communities to increase the chances of it being seen and shared.

    Reach out to influencers and industry experts in your field and ask them to share or link to your content:

    Another way to attract backlinks is to reach out to influencers and industry experts in your field and ask them to share or link to your content. This can be done through social media, email, or in-person networking events. When reaching out, be sure to personalize your message and explain why you think their audience would benefit from your content.

    Offer to write a guest post for their website or blog if possible, as this can help you earn a backlink in addition to establishing your credibility.

    Participate in online communities and forums related to your industry and include a link to your website or content in your signature or profile:

    Participating in online communities and forums related to your industry can also help you build backlinks. Share valuable insights and information with the community, and include a link to your website or content in your signature or profile. Be sure to follow the community’s guidelines and be respectful of other members, as spamming or being overly promotional can lead to being banned from the community.

    Utilize guest blogging by writing guest posts for high DA PA websites in your industry:

    Another way to build backlinks is to write guest posts for high-DA PA websites in your industry. This can help you establish your credibility and reach a larger audience, as well as earn backlinks to your website. When looking for guest blogging opportunities, focus on websites that have a high DA and PA, and offer content that is relevant to your target audience.

    Be sure to follow the guidelines of the website you are writing for, and provide high-quality, unique content that adds value to your website.

    Monitor your backlinks using tools like Ahrefs or Majestic to ensure they are high quality and relevant to your industry:

    It’s important to monitor your backlinks to ensure that they are high quality and relevant to your industry. Use a tool like Ahrefs or Majestic to track your backlinks and identify any low-quality or spammy links that may be harming your website’s credibility.

    If you find any low-quality or spammy links, you can use the “disavow” tool in Google Search Console to tell Google to ignore these links and not consider them when ranking your website.

    Use the “disavow” tool in Google Search Console to tell Google to ignore low-quality or spammy links:

    If you find that you have low-quality or spammy backlinks pointing to your website, it’s important to use the “disavow” tool in Google Search Console to tell Google to ignore these links and not consider them when ranking your website. Using this tool can help protect your website from being penalized by Google for having low-quality or spammy backlinks.

    However, it’s important to use this tool sparingly and only for links that are clearly low quality or spammy, as it can be harmful to your website’s ranking if used excessively.

    Focus on building relationships with influencers and industry experts, as this can help you attract more valuable and relevant backlinks in the long run:

    Building relationships with influencers and industry experts can be a valuable long-term strategy for attracting backlinks. By regularly engaging with and providing value to these individuals, you can establish yourself as a thought leader in your industry and earn backlinks through mutual collaboration and promotion.

    Be patient and consistent in your efforts, as building backlinks takes time and effort:

    Building backlinks can be a time-consuming process, and it’s important to be patient and consistent in your efforts. Focus on creating high-quality content and building relationships with influencers and industry experts, and over time, you will likely see an increase in the number and quality of backlinks to your website.

    Keep up to date with the latest SEO best practices and algorithm updates to ensure that your backlink-building efforts are effective:

    To ensure that your backlink-building efforts are effective, it’s important to keep up to date with the latest SEO best practices and algorithm updates. This can help you understand what types of backlinks are most valuable and how to effectively earn them, as well as avoid any tactics that may be deemed spammy or low quality by search engines.

    Conclusion

    By following the steps outlined in this article, you can create backlinks from high DA PA websites organically and improve the credibility and search engine ranking of your website. It’s important to create high-quality content and share it on social media, reach out to influencers and industry experts, participate in online communities, utilize guest blogging, and monitor your backlinks.

    By being patient and consistent in your efforts and staying up to date with the latest SEO best practices and algorithm updates, you can effectively build backlinks and improve the online presence of your business.

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