The world is just a couple of weeks away from 2021 and entrepreneurs around the world are expecting to see dramatic changes. As things are today, the world is gearing up to adapt to a new order due to the pandemic and it is the general view of the business community that the pandemic has not only caused havoc to the economy in most countries but has also created opportunities that are up for grabs.
If you are scouting for a new business opportunity, then this is the time to plan your new venture and begin in good earnest.
Home, Office Delivery Business
One of the most promising forever living products business opportunities is starting a home or office delivery business on modern lines by using automated computer applications with a lean workforce. It is one of the world’s best business opportunities in India with huge growth potential.
It is our view that the fast-expanding middle-class will continue to drive business in this business segment.
The reason why home and office delivery service is turning out to be one of all best business opportunity. The massive pandemic that we are facing today. People are scared and want minimum public exposure and wish that everything they want is home or office delivered. This is an opportunity that no enterprising individual should be missing out on.
You don’t have to go about exploring the world’s best business opportunity in India alone. Talk to your peer groups to find out people. Who may be interested in joining your business who have some expertise. The reason we recommend a co-promoter is to split the risk so that you don’t take the entire burden if anything should go wrong.
First Few Steps
If you are interested, talk to a business plan consultant who will walk you through preparing the project report till the successful establishment of the business. We recommend delivery business because.It is a “forever living products business opportunity” that is guaranteed never to become obsolete. We recommend that you start talking to a business consultant company to avoid failures, especially if this is going to be your first venture.
Don’t ever be tempted to do it alone without a business plan consultant for the sake of saving money; it can cost you dearly. The fee that you apportion for the business consultant company for specialized services will ensure that you don’t fall into business pitfalls leading to capital erosion or big losses. Simply put, you don’t have to reinvent the wheel.
What a Business Plan Consultant Does?
Here is how a typical business consultant company will ensure your enterprise’s success:
- Prepare your mindset and make you a smart entrepreneur
- Evaluate your project from a different angle than your own
- Shape your project idea into a practical bankable project
- Conduct a market survey to establish feasibility and financial viability
- Suggest best route funding for risk mitigation and easier implementation
- Help you negotiate with prospective funding sources
- Raise capital from angel funding companies
- Advise you on best business practices
- Plan your tax liabilities in advance
- Assist you in getting statutory clearances
- Decide your marketing pitch
- Evaluate your technical stuff: hardware, software, personnel, staffing…
Preparing to Meet a Business Plan Consultant
Before approaching a business consultant company prepare yourself mentally to take head-on any question you may be asked.
The consultant might want to know what inspires you to become an entrepreneur. Family background, and your capacity to raise enough money to set the ball rolling.
Here are a few things that you should do before you meet a business plan consultant:
- Take an online test to ensure that you have the spirit of enterprise in you. If you don’t farewell don’t be dejected, preparing a second or a third time is a normal thing to do and by the time you come out successfully, you will have matured to be an entrepreneur.
- Make a fair valuation of how much capital you can raise: from friends, relatives, like-minded entrepreneurs, and other well-wishers who are willing to help you see through your project.
- Briefly explore the internet or visit your local chamber of commerce to learn more about the project you are perusing. You can explore technology leads, learn about existing. The businesses operating on similar lines, and how existing operators are leveraging the opportunity.
- Check whether you are entering an already overcrowded business where profit margins are coming down and whether you can bring in disruptive. The technologies to beat the competitors out and gain a fair share of business currently available in your area of operation.
Raising the Capital
Your business consultant company is the advisory to advise you on the combination of capital. Of course. your business plan consultant will offer you a practical package. But you will have to take the final decision. A disruptive technology-driven business idea to which you have exclusive access will command. A premium standing that will make raising money extremely simple. If you are going to do any one of the common business, then finding a ready-for-risk financial partner may be difficult to find.
Then there are banks you can approach, but they are mostly averse to taking a risk, but interest rates will be relatively cheaper. In the end, it is all about how your business plan consultant matches you to the right financial package available in the market.
Usually, a mix of ownership interests, interest-bearing borrowings, angel funding, and your willingness to face risk will decide fundraising objectives. Willingness to share is critical in any business.
Why Even a Serial Entrepreneur Needs Consultancy?
As an entrepreneur, you may be tuned not to accept defeat or see any pitfalls on your path. Whereas a neutral consultant will take stock of all the existing pros and cons before he provides you advice.
It is good for you to leave technical financial decision-making to experts who understand how a seemingly bright idea can fail or how a hopelessly fragile business can succeed.
