Vasant Ramachandran discusses the best entrepreneur advice of the year in this in-depth presentational blog. For more information, please visit VasantRamachandran.net!

1. THE BEST
ENTREPRENEUR
ADVICE OF THE
YEAR
Vasant Ramachandran
VASANTRAMACHANDRAN.NET

2. Many people dream of owning
their own business. Many
followed their dreams and
succeeded. Others failed. A
number of entrepreneurs offer
words of advice and
encouragement in an attempt to
help business owners become
more fruitful.
VASANTRAMACHANDRAN.NET
INTRODUCTION

3. Someone might venture into owning a business equipped
with only a fraction of the knowledge they need to survive.
Owners are responsible for many different aspects of the
endeavor, which include financing, certifications or
licenses, legal matters, employees and material sources.
Some of the best advice a potential business owner might
consider involves working in the industry for a while. Gain
the knowledge of all sectors of the industry before taking
the plunge.
Gain the Knowledge

4. DISASTER
PROOFING
Showingaprofitwhenthebusinessisgoingwellisallfine
andgood.However,whatmighthappenintheeventofafire,
alawsuit,unforeseenmedicalissuesorothernatural
disasters?Businessownersmustplanfortheunexpectedin
advancebymakingsuretheyhaveinsurancecoveragethat
coversdamage,legalandmedicalmatters.Intheeventyou
loseoneormoreemployeesunexpectedly,thereneedstobe
abackupplanforthesituation.Businessesshouldalsohave
atleastsixmonthsofincomeinreserveintheeventofan
economichardship.
VASANTRAMACHANDRAN.NET

5. Business accounting is time-consuming. By automating
the process, business owners save time and manage their
accounts more efficiently. Various types of software enable
businesses to accomplish many different tasks that include
monitoring expenses and profits, paying bills, sending
reports and planning for tax time. Systems might be
upgraded even further by adding payroll to the list of
chores handled by software.
Modernized Bookkeeping

6. TIME
MANAGEMENT
Business owners often find themselves burdened with
multiple obligations simultaneously. Many make the
mistake of trying to accomplish too many tasks and
failing miserably because not enough thought and time
were devoted to doing the job well. Business owners
must learn to prioritize their time and attention. Make a
to-do list based on importance and work from there to
accomplish everything one step at a time.
VASANTRAMACHANDRAN.NET

7. In order to have a successful online business
venture, owners must set goals and pay attention to
the techniques needed to obtain high search engine
rankings and traffic to their websites. Test pages to
ensure that images, texts and products are
appealing to the demographic of consumer you are
trying to attract. Work with website building and
marketing companies.
Online Business Strategies

8. THANK YOU
FOR YOUR
TIME.
For more information, please
visit
VasantRamachandran.net
VASANTRAMACHANDRAN.NET