Entrepreneur India
Business Is In Their Veins
Title: Rokda: How Baniyas Do Business
Author: Nikhil Inamdar
Pages: 242
Price: Rs. 199
Published by: Random House, India
“The companies I have chosen not only represent different sectors of the Indian economy, but also the changing landscape of doing business in India.” Nikhil Inamdar, Author
The Morning Quietude – Why Rising Up Early is Important
A hectic day in the life of an entrepreneur calls for a good night sleep. For lesser mortals, however, knowing the sleep patterns of successful entrepreneurs doesn’t count for much apart from learning how disciplined their lives are. As studies on successful entrepreneurs have covered everything right from their protein intake to music preferences, how could these not conclude the time of day most want to wake up, making most of the available hours in a day?
Improving Productivity
Returning to Work
Although breaking from work for a significant time period can make you feel refreshed, it is daunting to join back with the same motivation and excitement. It is a common notion that a break helps put things into perspective, but it is far from reality. The longer the duration of staying away from work, the more difficult it gets to resume. The worst part is that the pending assignments that need immediate attention are pushed into further delay. It gets even worse when one is looking for a new job.
Income Projections (Restaurants)
Your income statements are also called profit and loss statements or operating statements. These are forecasting and budgeting tools that can be used for estimating income and anticipating expenses in the near-to-middle range future. For most restaurants, income projections covering the first three years are adequate.
The Promotion of the Restaurant
In a franchise situation, the brand owner will take a lot of the responsibility of the promotion, including the creating of marketing collaterals, general advertising and a degree of local advertising specific to your location. However, as a business owner it is always important to ensure that promotion for your restaurant is being done adequately.
Launching Your Restaurant
The Greek philosopher Aristotle in his classic book Politics quoted a proverb – “Well begun is half done.” The launch of operations in the restaurant business epitomises this saying. Reputation matters more than anything else in the restaurant business. Reputation is built on how past performance is perceived by people.