In part 1, we explored three factors influencing startups when they enter new markets, including: Local competitive context Local customer preferences The brand’s readiness and adaptability Together with ITI Fund, in this article, we will know some strategies to help startups increase competitive advantage if they have problems with the above factors. Adjusting existing products … Read more
Information technology is current in almost every aspect of life; for example, music apps can understand users’ moods, and online maps predict traffic flow to suggest the fastest route. Therefore, this field has a consequential impact on consumer behavior. While the market has more products that are both quality and competitive in price, customer experience … Read more
The potential for agriculture and logistics development in Vietnam Vietnam’s agricultural exports rank second in Southeast Asia and 13th globally, with products appearing in more than 180 countries. Source: Freepik In 2021, our country reached a rice export volume of 43.86 million tons, up 1.1 million tons compared to the previous year, with the proportion … Read more
DEFINITION OF BUSINESS MODEL Business Models began being interested in the 1990s. Adam J.Bock and Gerard George defined Business Model as an organizational blueprint to create value. The more complex products, the more critical the Business Model. Mô hình kinh doanh của Airbnb Understanding the business model will help founders comprehend businesses’ products, customers, fields,… … Read more
Financial Planning is an important factor, but startups often pay little attention. Look at some notes in this field with ITI Fund to help start-ups prepare better, especially in funding rounds. Xem thêm: What Startups Should Know When Valuing In Capital Calls? Why should startups focus on financial planning? Clarified financial planning helps investors trust … Read more
Valuation is very concerned for investors when startups conduct the fundraising process due to the representation of business’s value and potential. Look at some approaches and perspectives on valuing startups from investors. Thereby businesses can consider and get ready to raise capital. Read more: Exporting Local Specialties In Some Countries The importance of valuation for … Read more
Brand awareness and trade promotion for local products are of interest, especially in countries mainly based on agriculture, like Vietnam. Let’s read about the process of promoting local products in some countries with ITI Fund. Read more: Vietnamese Entrepreneurs Pioneers In Exporting Green Products Implementing professional and methodical promotions Use an easy-to-remember and impressive logo, which … Read more
The passage experienced a surge in popularity during the 1960s when Letraset used it on their dry-transfer sheets
A business plan is a plan that describes a company’s business process for a specific time period. The following are the steps to creating a business plan: Step 1: Ideas are the heart of every beginning. The majority of businesses begin with a business idea. A distinct idea is regarded as a solid foundation for … Read more
A good business plan is not enough because if we don’t have guaranteed capital, no matter how good the idea is, our business will be “dead” right from the start. So, how to raise enough business capital for your project, let’s refer to some ways here: 1. Use your own capital In many cases, using … Read more