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If you're going through hell. Keep going 💪🏻 . . . . . . #entrepreneurlifestyle #entrepreneurmindset #entrepreneurlife #entrepreneurslife #entrepreneurtips #entrepreneur #entrepreneursofinstagram #entrepreneurship #entrepreneurs #entrepreneurial #entrepreneurquotes #entrepre
Blog #3
~journey after midterm pitching~
All of my groupmates were exhausted after midterms. We have research paper to revise , critique paper to present, reporting, meeting demonstration , etc. As college students, we felt like we have no time to rest, relax, and have time to ourselves. Despite of being tired, we still have energy left for our incoming final pitching.
After our midterm pitching, we decided to have specific sizes with our paper. We finalize whether we will make a crafting paper or packaging. After several meetings, we decided to make a crafting paper with 3 sizes, A4, B4, and A3. These crafting paper will be sold in bundle or per piece. Before proceeding with making our prototype for the second time, we conducted an interview to 10 students about our product, everleaf.
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Question #1: Are you going to avail the everleaf crafting paper?
As we can see on the results, 40% of them would avail depends on the price and quality, 30% committed to buy it it is available, 20% states it depends on the project they're working on, and 10% stated that there would be a possibility.
Question #2: How much do you think are the justifiable prices of everleaf crafting paper (per piece/sheet)?
The survey result for A3 is that 20% for ₱6.00, ₱5.00 to ₱9.00, and ₱5.00 to ₱10.00. For the size B4, 20% suggested ₱5.00, ₱7.00, ₱3.00 to ₱5.00. Lastly, for the size A4, 20% suggested ₱10.00 to ₱25.00, and ₱3.00.
Question #3: How much do you think are the justifiable prices of everleaf crafting paper (per bundle/pack)?
The survey shows that in the size A3, the justifiable price(per pack) is that 20% suggests ₱45.00, ₱55.00, and ₱100.00. For the size B4, 20% suggested ₱45.00, ₱50.00, and ₱95.00. Lastly, for the A4, 20% suggested ₱25.00, and ₱200.00.
Question #4: What do we need to improve and level up to be able to compete in the market?
The survey shows that 40% of the interviewees stated that we must improve our product quality and price, 30% suggest to improve our packaging and marketing strategies, 20% suggest to make it unique, and 10% stated that we need to improve the sustainability and durability of our product.
Interviewing those students made us realize that even though it is satisfactory for us sellers, the buyers perception are need to be catered. It is to improve and product and make our prices budget-friendly or student-friendly and at the same-time profit generating.
Top 10 Benefits of Business Valuation in 2022 for SMEs & Startups
In 2022, business valuation services are essential for every business owner who is planning to expand their business or seeking for better growth of their company. Business valuation report plays a major role while taking any big business decision or creating business strategy to achieve future desire.
But, before knowing the top benefits of business valuation, we need to know the meaning of business valuation.
What is Business Valuation?
In Simple words, Business Valuation or Company Valuation is a set of processes that include the various financial participants to estimate the current market value of a company. The purpose of taking business valuation seriously is to get the current situation of the business that helps in creating future business plans.
Top 10 Business Valuation Benefits which every business owners should know in 2022
Determine the fair value of your business
Get the attention of potential investors for your business
Helps in Business Buy/sell agreements
Make mergers & acquisitions process easy and fast
Insurance purposes
Build trust internally as well as externally of the business
Helps in Financing/SBA loan process
Knowing your company's resale value
Helps in ESOP
Succession planning
Wrapping Up
Above are the major benefits of business valuation which can make the business growth process more fast, smooth and effective. If you're a startup entrepreneur or business owner, valuation will access more opportunities for your business growth & success. If you don’t have your business valuation report due to any reason, you can directly connect with our finance professionals who give you and provide your complete business valuation report within 21 Days.
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January 2020-What are you waiting for?
January 2020-What are you waiting for?
Cliche right? New Year- New Me? All these big goals that tend to fizzle out before February even hits. Leaving the past behind and moving on. “I am going to….” “This time I am serious…”, and I could keep going but you get the drift.
Well….. January is the time for new beginnings. It is a time to reflect and reevaluate your goals. For me, I spent some serious time over the last week reflecting…
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