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Three Tips to Create Great Business Plans for Small Businesses to Rock the world

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Business Plans are the keys to lead the Companies to its Destination by crossing the Financial , Competition and Human Resource hurdles . These also provide the Logical framework for the companies to start and succeed in generating revenue for the Entrepreneurs who put their 200% in their Ideas . Great Business Plans if implemented with great care could rock the world with the bang since the pre-planning always leads to success provided that it was implemented in letter and spirit facing the challenges of human Resource , Funds and Competition in the Market or global Competition through Web based Startups or Established Businesses .
The Business plan is real picture of your Ideas that how your Idea will be pitched and logical framework of running and reaping profits . The Great Business Plans will turn the smallest Startup Ideas into established profitable business . Take an example of a blogging , If you continue blogging about the topics of mass interest and topic you like the most you will experience a massive readership if your followed the Model of Successful Bloggers such as Mashable, John Chow , Yaro etc .
Every business can be made profitable provided it follows the Plan you had made before its launch . Some people launch their business and plan later that is really disastrous as if you do not plan , it is almost certain that you will certainly fail to sustain the business you had started and all of your investment go wastes. Therefore ,it is necessary that first you should plan then launch when you have everything is ready means Model , Business ,Resources ,Human Resource and Functional Plan as strategic plan for Improvement ,Innovation and expansion of the business.I had started with a Free blogspot.com hosted blog then Purchased a Custom domain and Now I am the CEO of a Network of Content rich Blogs and earning a constant revenue from Advertising ,sponsored Reviews and Marketing . The Following tips will further explain why you should follow three Tips to rock the world .
1.Detailed and Balanced : The Business Plan you are going to draft or getting drafted from the business Plan Consultants should be detailed that what should be Company Name , CEO , Board of Director , Finance , Operational Costs , Advertising and Marketing Costs , Business Domain means where the Business would be Operative and balance between Administrative and Operational Costs , Bills , Salaries , Insurance Costs , Health Cover Etc . Means that Your Business Plan should be a complete Operational Plan .
2.Classified and Specified : The Business Plans should be classified such as Administrative Staff , Management Staff ,Board along with their Terms of Reference (TOR’s) , Budget Details , Salary Details of Staff and CEO ,COO and CTO if Tech based Startup . It is also necessary that your business Plan should Specify the roles of each individual from a Staff member o CEO , Board Director and their Responsibilities , Company Payment Policies ,Human Resource Policies , Strategic Planning Unit , Marketing and Creative unit , Legal Unit represent the company complaints , Copyright Issues or Trade Mark Registration Issues , Financial and Audit unit to manage finance matters and conduct Intern Audit etc .
3. Well Researched ,Unique and innovative : The Business Plans should be unique and well researched , not just a copy of already crafted Business Plans, Since unique Business Plans have some sort of innovation in bringing in a completely amazing startups which will rock the markets as soon as gets launched . From Business Plan to Advertising and Marketing Services or Products ,you need to take care of Content , Audience ,Cultural Values and do Some Market Research before you enter the Markets . The Business Plan Consultants will help you in crafting the unique Business Plans where as the Market Research Firms will help you identify the Potential Customers and Markets you want to touch in the Initial phase of your Startup Launch .
Well Researched Business Plans will lead to a successful launch followed by Market Research Analysis in thematic areas of your Startup so that Maximum number of people could be reached and the company outreach could be extended to wider network . Well crafted Business Plan can be termed Success Plans since well planned businesses run successfully where as unplanned businesses always see the face of Failure in a very short time after their launch as they do not have any specific vision which may guide them to the Success .
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Economy

Sania Approves Cognitive API Architecture For Ehsaas’ One Window Socioeconomic Registry

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 Islamabad: The Cognitive API architecture for Ehsaas’ National Socio-Economic Registry 2021 is one of the six main pillars of ‘One Window Ehsaas’. With the survey, which is building the registry currently 90.5% complete nationwide, Ehsaas is firming up its plans to open data sharing and data access services for all executing agencies under Poverty Alleviation and Social Safety Division (PASSD).

Data sharing will be done through the Cognitive API Architecture approach. The deployment of Ehsaas API architecture for data sharing will allow executing agencies to access data from the unified registry in real-time to validate beneficiary information. This will empower them to ascertain eligibility of potential beneficiaries. The benefits which each family and individual is receiving from each organization will be visible to all agencies across all Ehsaas programs.

There will be two-way data sharing; agencies with whom data will be shared will also be required to update the registry with their own information, hence the registry will become more robust over time. A final presentation was made to Dr. Sania Nishtar who closely oversaw this process. She praised the technical team working on Ehsaas Cognitive API Architecture approach and congratulated them. Later, this service will be extended to provinces and other government agencies implementing Ehsaas programs as well.

The API architecture for data sharing will facilitate adoption of the Ehsaas One Window targeting Policy. The objective of this policy is to make targeting predictable, evidence based, transparent and effective in the Ehsaas ecosystem. Under the same architecture, the Utility Stores Corporation has also been linked with the Ehsaas database, which will underpin execution of a commodity subsidies program. This approach is being adopted for the first time and will usher in transparency. Previously, there was no way of one government agency knowing what support an individual or a family was getting from another government agency.

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Some families with connections and influence were getting multiple benefits and other more deserving ones were getting none. Now, with the data integration, Ehsaas agencies will be able to see what benefits an individual or the households is getting. But more importantly, it will also reflect their entitlement in terms of various Ehsaas programmes and initiatives, because the data sharing is pegged with the Ehsaas One Window targeting Policy.

The integrated registry and the cognitive API Architecture for the registry is one pillar of the One Window Ehsaas, which will be launched this week. It has six main components: one-stop-shop centers; an integrated digital interface facing the office; a digital information and services platform; a mobile app; an integrated database comprising of cognitive API architecture; and the standardized beneficiary targeting policy.

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Digital

Karachi-based digital bookkeeping startup, CreditBook raises $1.5 million in seed funding

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The Karachi-based digital bookkeeping startup CreditBook, which is trying to ensure that tracking of transactions goes digital, has announced that it has raised US$1.5 million in seed funding from international and local investors.

Key investors included Pakistan’s BitRate Venture Capital, VentureSouq from the United Arab Emirates, US-based Better Tomorrow Ventures, Ratio Ventures, Quiet Capital, Toy Ventures, and i2i Ventures.

Established in June 2020 by Hasib Malik, Iman Jamall, and Hisham Adamjee, CreditBook strives to help microentrepreneurs digitalize and track their transactions.

CreditBook aims to utilize the funding to scale its user base and diversify its product offerings. As indicated by the startup, its registered client base grew 5x in the last six months to reach 500,000.

“Before the launch in June 2020, we had planned to use a mix of digital marketing and offline acquisition. But with lockdown restrictions, we pivoted to a purely digital strategy. We were surprised when we saw thousands of users come onto the platform in the first month with less than $1,000 in total spend,” Malik told Tech in Asia. Via TechinAsia

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Digital

Pakistan Moves Closer to Train One Million Youth with Digital Skills

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Enabling people to bring at least an additional US$1 billion each year into the Pakistani economy through E-Commerce skills by 2025.

Pakistan Moves Closer to Train One Million Youth with 100+ eCommerce and Digital Skills

Karachi, Pakistan, February 05, 2021  ………Pakistan has a large labour force that stands among the top 10 largest labour forces in the world, and it’s growing day by day. To create adequate employment opportunities for them is a huge challenge. On the other hand, employers frequently keep saying that they are unable to find workers with the appropriate skills necessary for their businesses. This obviously shows that there is a mismatch between the demand and supply of skills.

The International Labor Organization (ILO) has shown that skills development can play a major role in the alleviation of poverty, when carefully planned and implemented in the context of the available and emerging employment and income-generation opportunities. This multiplies many folds when the skills are acquired in the digital spheres. It not only widens the work opportunities but also opens up avenues for entrepreneurial ventures as well.

Extreme Commerce, Pakistan’s largest and renowned E-Commerce capacity building platform has excelled in its mission of making Pakistan a hub of entrepreneurial opportunities. Under the guidance of Sunny Ali, thousands of aspiring individuals from Pakistan have successfully initiated global e-commerce businesses.

Extreme Commerce, Pakistan’s largest e-commerce skill development and the entrepreneurial platform has achieved yet another milestone with the expansion of 100+ skills training courses through the “Video Boot Camp (VBC).” The Video Boot Camp includes virtual sessions and videos encompassing around 100 essential e-commerce and digital skills required to excel in the spheres of online businesses. The Video Boot Camp training program is specifically tailored to facilitate the budding entrepreneurs and businessmen and freelancers.

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According to Ali, “E-commerce has skyrocketed after the pandemic and is estimated to grow to a whopping $4.3 trillion within this year.” He further adds, “There is a huge potential for growth in eCommerce both domestic and international, and that is why Extreme Commerce has pledged to enable people to bring at least an additional $1 billion each year into the Pakistani economy through E-Commerce skills by 2025.”

The Video Boot Camp includes over a 100 plus income generating E-Commerce skills (income streams) which an entrepreneur needs to skyrocket their businesses. Some skills offered through the VBC include: Selling through Fulfillment by Amazon (FBA) model, Virtual Assistant and FBA Freelancing, online store management of international and local E-Commerce marketplaces, bookkeeping account management services, digital and social media marketing, content writing and graphic designing, 3D designing & modelling, data science and analytics and more.

This initiative of Extreme Commerce will be immensely fruitful in helping their trainees become leading entrepreneurs of the country. Ali, contented with his vision states, “At Extreme Commerce, we offer a multitude of digital skills that are categorized into 100+ courses/income streams under the umbrella of Video Boot Camp (VBC 2021). These skills are pivotal to reducing unemployment and enhancing the capital of our country.” Sharing his focus and goals, he adds, “Skills that actually help you succeed as an online freelancer and even in the real-life environment plus increase your income thereby, are our prime focus right now.”

Earlier, Extreme Commerce and Mishal Pakistan, the Country Partner Institute of the World Economic Forum had signed a partnership to mainstream e-commerce in Pakistan, this includes capacity building initiatives for the media and industry players, including trainings, seminars and workshops.

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The government of Pakistan has estimated digital skills global industry, often referred to as online outsourcing, is expected to generate gross service revenue between $15 billion and $25 billion in 2021.

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