Athletes maintaining their work-life balance.

 For the viewers, the athletes have their passion and they are following it, also they have their particular sports to play from which they earn good money. But sometimes it becomes difficult for the athletes to pay attention to their sports, career or to their family or personal life as well as other priorities in their life. The athletes have a strict schedule to follow like they have to train daily, to be in form, they have to workout to keep their body in shape and also they need to follow a strict diet, for their sports [game]. In some cases the athletes have to look after their family and also if they have any other particular needs.


In order to maintain a good balance between their career [ work] and their other needs like their family, they should know these few tips which will help them in maintaining a perfect work-life-balance. Achieving the work-life-balance can vary from person to person as well as from the athlete to athlete, therefore it can be adjusted by the individuals according to their work life priorities.


Sachin R Tendulkar : also known as GOD of cricket.


                                                                                                  Sachin tendulkar came into highlight after his debut match which was a test match against Pakistan in the year 1989.  He was just 16 years old, he also became the youngest player in india to play a international test match. He also became first cricketer to score 35 centuries in a test play. Indian media started addressing him as god of cricket after a Australian famous cricketer Matthew Hayden said “ today I saw a god playing, he plays at number 4 for Indian cricket team”. From then till now he is still known as the god of cricket. He is also known as the master blaster.


After having such a tight schedule, the intense training routines, and also a strict diet to follow he was able to remove the time for his family. It would be difficult to manage such a hectic schedule and then give time to your personal life, sachin said even if he had to go overseas to play the matches for india cricket team even after the late night flights and travelling he used to try hard to talk to his wife daily.


Sachin said “ Sara and Arjun are the two precious diamonds of my life. They’ve already grown up, my son is 16 and my son is 14. I wanted to spend occasions like their birthdays, their annual , sports  days, weekends and a lot more. Whatever ive missed out on all these things. Thanks for your understanding. Both of you have been so special to me you cannot imagine. I promise you that for 14 and 16  I struggled to spend time with you, but the next 16 or even more than that everything is for you.”


Even after being a big famous cricketer he retired to give time to his family, even after having a hectic day he used try to spend time with his family. By the admiring sachin we can learn a lot from him that how did he balanced his work-life-balance. The fame, success that sachin has achieved in his cricket career is a example of maintaining work-life-balance. He knew when he should go rough on the game as in go in a full work mode and when to be present for his family.


By maintaining the work-life-balance it means prioritizing the work and life [family] accordingly, not sacrificing one for another.


Work– the athletes should be able to maximize their outputs in their particular games and not sacrificing it for their family it is the real meaning of maintaining a work-life-balance in case of the athletes. The athletes should be committed to their sports/ work. The athletes should know why they are playing , what is stopping them to be a better version of themselves, a mindset like these will lead to the maximizing the performance.


If a athlete is not showing commitment to his sports or if he is not dedicated enough for the game, he is failing to maintain the work-life-balance.  The main aim of maintaining a work-life-balance is to work properly with full commitment, dedication and maximizing his work performance as well being on the other hand giving proper time to his families and other needs.


The athletes should focus on their gameplay and also they should learn new skills which will come handy to them while playing the game. A athlete is not just only a person playing the sports he also has a family to look after and he also has his personal needs. Therefore is it is important for a athlete to be able to maintain a good work-life-balance.


Family– As earlier mentioned in this article the main aim of maintaining a work-life-balance is to try maximizing their outputs into their field and also being able to spend some time for their family, it does not mean sacrificing one thing for another. In order to maintain a work-life-balance for a athlete, one must be able to work hard for his career and game and also being available for his family. The athletes also has a family , be it parents, grandparents, partner , child. Whom he is supposed to take care of.


  It is important for an athlete to give commitment to both the family as well as the sports or work. A athlete must be able to spare some time for his family while maintaining his career that’s when a athlete is admired by many viewers as he is doing well in his career and as well as in his personal life. He is able to maintain a good work-life-balance.

Workouts targeting full body

 Maintaining our physical health has became a priority for most of the individuals after the pandemic. People are more concerned for their health. Be it youth, or old age beings, the craze for maintaining personal health has gone on a another level. Some have started going to the gym while some are practicing the workouts at home. Generally fitness enthusiast target 6 muscle groups which are chest, legs, biceps, back , triceps , shoulder.


The proper workout and growth of each muscle group is equally important in order to get a healthy and a attractive physique. Due to excess information available on the internet, people tend to get confuse about which exercises to be followed so that no muscle group is left behind. In this article we will be discussing 10 workouts which ensures the growth of each muscle group.


Military pushups-

                                  Pushups are considered as the most basic and most effective ones for different muscle groups of the body. The pushups will target your whole [ upper, middle, lower] ches, deltoids, triceps , core , also the upper and lower back. Pushups are done as a warm up exercise before a doing a physical task in the armies as they activate all the above mentioned muscle groups. Pushups are also performed by the bodybuilders before posing in a body building competition [ Mr. Olympia].


       For starting a pushup you need to get into a pushup position with your arms straight out and your body flat fully upright. By getting into a plank position. Your palm should align with your chest when you are in a plank position on your hands. To start you need to go down by folding your elbows and putting the pressure on your arms. The elbows should go flat across your back. After getting down you should push your body against the floor which will result into you getting back to your start position. That will count as your 1 pushup. A person can do 15 pushups for a set, and he should do 3 sets.


Squats – squats are the exercise to target your leg muscles. Basically the leg muscle of the human being is divided into 4 parts and there are three different types of exercises for each part of the leg. The 4 parts are defined as Quads, Hamstrings, Glutes, Calves.  Basically squats is done to target each of these muscles. Performing squat is like a piece of cake for most of the beginners. In order to perform squat you should stand straight with your feet with half metre distance ,squeeze your stomach muscle,  then you should go down, as if you are sitting on an invisible chair. Then push the ground with the help of your leg in order to get into the standing [ starting] position. That’s how the squats are performed. The different muscle groups can be targeted by changing the position of your feet.

Lunges- lunges are the exercises performed to strengthen the leg muscles and for a functional movement of the leg. They are considered best for increasing the strength in your glutes. Lunges are basically performed for the glutes in the leg. The steps to do glutes is- stand straight with your feet wide apart as your  shoulder length. Then take a step forward with your one leg [ either left or right] and bend your knee of that particular knee which you’ve taken forward. Your thighs of that leg should be parallel to the ground. Your other knee should also bend along with the previous knee. After bending down, the person should return to the standing position by pushing the ground with the foot [ on which the first step was taken] .


Overhead shoulder press- as you can guess from the name the exercise is performed to target the shoulder part of the body. In this exercise you will be needing a dumbbell of 2.5 kg or maybe heavier than this as per your choice. It also covers the upper back, the core, and the triceps part of your body. Stand straight with your feet joint or a little apart. Hold the dumbbells with your hand and lift your arm up so that the upper portion of your arm [ from the shoulder joint to the elbows] is parallel to the floor. Then by tightening the core push your dumbbell upwards till they are fully extended above your head, your arms should be in straight position but in upward direction.  Bring back your arms below in the starting position where your upper arm is parallel to the groun. Perform 3 sets of 12 repetition each for better results.


Dumbbell back fly.- this is another exercise which involves a compound weight movement. To do a dumbbell back fly you should stand in a bending [ forward]  posture forming a 90 degree angle on your back with dumbbell in your hand your face facing the ground. You should lift the dumbbells widely across to your length of shoulder. And return them to the same starting position. It is considered best for the upper and lower back of the body.

Planks- planks are done to strengthen the core of your body the abdominal part of the body. Basically these are performed to target the abdominal muscles of the body. To start this exercise you should be able to be in a position similar to a push up, on your lower arm [ from your elbow to your wrist]. The person should be able to hold the position for as long as they can,[ approximately 30 secs].

Upcoming trends in fitness industry.

 The life on every human being present on the earth was affected due to the outbreak of corona virus. Similar happened with the different industries like the entertainment industry,  media industry, tourism industry, textile industry , restaurants, as well the fitness industry. The all industries were made to shut down more than a year, to curb the epidemic. During the lockdown imposed by the national government the people are advised to stay home for their safety and also for the safety of others. Due to this the people are forced to stay at home, which makes them to sit on the couch all day. But, that doesn’t mean that they cant remain active in their houses. The fitness industry has transformed itself by including some new trends and techniques these are online training, workout at home,  also opposite of indoor workouts,  emphasis on mental fitness, and maximizing their output from a workout. In this article below we will be discussing about the transformation that has taken place in the fitness industry for the new 2021.


Online training sessions-

                                             During the lockdown when the gyms were made to shut down, fitness freaks tried new ways to keep them fit. They tried doing some exercise at home. The trainers started giving virtual session to their clients. Online training sessions became effective in the lockdown as the crowd have to perform the exercise in their very own comfort place at their own house.


But at first it was also neglected by many fitness enthusiast as when you do workouts involving heavy weights you need someone to monitor you and also someone to correct your form cause you cannot do that alone you need fitness expert for doing that. Later when the lockdown continued further, people were convinced to follow the online training sessions.


In the online training sessions a expert guides you on a live sessions or on a video call , while being at his own comfort zone and you too are at your own comfort place by following a online training session. Many fitness experts states that this is the best trend in the fitness industry till now.


Because of this both the trainer and the person being trained can give their best beyond the barriers and also they can perform beyond  the geographical boundaries. Even after the epidemic has ended people are more diverted to the online training sessions as there is no time deadline available, the trainees can watch the sessions according to their timetable and also at their own comfort space. Trainers like sahil khan from the entertainment has their virtual training sessions still going on even after the lockdown has ended and people are joining it with a great enthusiasm.


Workout at home-

                                  like the work from home introduced by many corporate companies that enables the employees of the company to work form their own comfort zone that is from their home. The fitness industry also adapted this trend in the lockdown and which is still going on and it is likely to be continued in the near future. The workout from home enables the fitness freaks to work out from their home by including some equipments, which can help a lot during training at home, the equipments are- dumbbells, barbell rods, resistance bands, etc.


The trend of working out from home has gained pace due to the pandemic. Before the pandemic rarely anyone used to buy equipments to keep them at home for a quick small workout sessions, but during the pandemic the sale of these equipments has gone up, the reason being is the trainers are convincing their audience to buy these small equipments for their home which will help them a lot in the excercises. And the trend for workout at home will go on increasing in the near future as the crowd has hectic day schedule due to which they will prefer to workout at home.


Working out form outside.-

                                                 As the lockdown increased the craze of working out from home it also bored the people  to keeping corking out in a compact small spaces be it the gym or their home. Some people started trying out the outdoor gyms which gives you a six feet distance from the other fellow trainee also gives you a privilege to feel the outside environment while working out in the open outside world. It also has a huge space which enables the trainers to perform various functional workouts easily, like the lunges,  and also some cardio workouts like cycling and running. The cycling can be done on a cycle while enjoying the fresh breeze on your face and it becomes more interesting when a person cycles in the open environment in the fresh natural air. Also people are tired of running on a trade mill, therefore the trade mills can be replaced by jogging or running tracks.


Mental fitness-

                             After the lockdown the people are more concerned about their health, be it their physical health or their mental health. Some fitness experts have also started providing sessions for the mental health which includes stages and forms of meditation to keep your mind calm and healthy. Different form of meditations and yoga are being performed and are being teached by the fitness experts in order to  spread the awareness of mental health. Also the people are more likely to diverted towards their mental and physical health after the lockdown.


Maximizing output from the workouts-

                                                                       People are seen to be more concerned about their health which have resulted in providing a pace to the fitness industry. Lets face it, before the pandemic the gym were more of a place for socializing instead of what gyms are actually constructed for [ working out]. But after the pandemic has over the people are trying hard to maximize their output from the  particular exercises they are performing. People are trying to value their time more in the gym , in the workouts they are performing. Which is resulting in a productive working environment. 

Best football boots for Astroturf

 Football is a sport which is played on grass or on a TRUF. Playing on a grass versus playing on a turf are two different things, hence the player requires two different shoes or boots to play with respective to their grounds whether the game is to be played on a grass or on a turf. It becomes difficult for the player to play for the player to play with stuts on the turf as they are made to be played on grass and vice versa.


The boots that are required for playing on the turf may be called as boots by the people, but it is more appropriate to call them astro turf trainers as they have moulded soles are designed to grip onto the short turf surface. If you are in search of the best football boots for Astroturf, then we hope your search comes to an end here. In this article we will be listing the best football boots and trainers for Astroturf.


Playing on the astro turf has its own advantages that are, your kit doesn’t get too dirty into the mud, and the player feels that they are faster on the turf surface. The astro turf boots are an essential shoe for a person who is planning to play on the turf.  The sole of these shoes are made to give a better performance on the harder ground like the turf unlike the studs which are made to make a good grip on the grass while running. There are few multinational brands that the football community trusts when it comes to shoes for playing football may it be on the grass or on the turf. The brands are PUMA, ADIDAS, NIKE. 


NIKE PHANTOM VENOM ACADEMY TF FOOTBALL SHOES-

                                                                                                                                        Nike tried to make sure that the phantom venom football boots are optimal for the striker, the phantom venom takes the DNA form the hypervenom 1 and t90 laser IV, incorporating strike fins and a textured forefoot to give you the ultimate grip and swerve on the football when you shoot. The boots just adjust to the shape of your foot maintaining its stretchy tightness. The best part about the phantom venom is the way it just fits into your foot. The laces are easily adjustable which means it will fit to almost everyone even to the monster size feet. The boot has a flyknit upper for a comfort with flywire cables to keep your foot locked in and ensure a responsive and agile sensation.


Adidas Nemeziz 19.3 laceles.

                                                     These shoes were the slip on effort made by the adidas for the Astroturf football shoes. The new nemeziz 19.3 laceless is manufactured with a new tensiontape upper construction, a  split outsole and is engineered to help you be more agile on the football pitch.


The laceless concept of the boot does make it flaunt in a lot o ways. This is a takedown model.


The rear of the boot has a internal plastic heel corner. The sole of the laceless is a strong and provides flexibility on the forefoot. The sole of the laceless shoe feel of decent quality above average. It is also not excessively heavy. The shape of the shoes is definitely good, it does a lot better than the previous generations. They might not be a good choice for some person with wide foot on the other hand they will fit to normal foot. It is not that incredible but it does function for a pair of shoe for football.


Nike mercurial superfly 7 club tf football boots.-

                                                                                        It is the most stylish nike superfly amongst the other superflies, it has the ankle cover. The main reasons to avoid buying the sneakers is because the shoes has the heavier sole than the other main boots of the nike superfly. Also the shoes are not customizable unlike the other superfly boots of the nike. The nike’s mercurial superfly range is especially manufactured for the speedsters alike.  The sole of astro version of nike superfly 7 is much heavier. But if you are looking for something lighter in weight than these may disappoint you.  A person can avoid the flaws in the shoes which are the sole of the shoe is lighter in weight, but a person can consider buying these as they are a considered a top pair of boots and also they look fantastic when you play on the astro while wearing them.\


Adidas  X 19.4 tf footballs boots.- these are a good quality durable pair of boots . these have a little bit of sturdy look from the outside. Also the shoes are comfortable in wearing and they are also comfortable in playing them on astro turf. The shoes has the side lacing for putting your foot through the ball. Also the side lacing makes it look more attractive from the outside. The sole of the shoe has a quite intresting color combination. The shoe is fully waterproof as like the other football shoe. The shoe is considered best for the attacker as well as the defender position.


Puma future 4.4 mg football boots.- the Astros made by the puma has a great grip and traction on the astro turf surface. The shoes gives us a modern, latest feel. The shoe fits easily to a normal person playing football. The shoe has a design on it. Which makes it kind of unique. They five a futuristic look from the outside. Puma isn’t preferred much by the football players as they are more likely to buy shoes from the adidas nor nike brand. They give a modern and sleek look. They are also good at performance.  

Maintaining our physical health has became a priority for most of the individuals after the pandemic. People are more concerned for their health. Be it youth, or old age beings, the craze for maintaining personal health has gone on a another level. Some have started going to the gym while some are practicing the workouts at home. Generally fitness enthusiast target 6 muscle groups which are chest, legs, biceps, back , triceps , shoulder.


The proper workout and growth of each muscle group is equally important in order to get a healthy and a attractive physique. Due to excess information available on the internet, people tend to get confuse about which exercises to be followed so that no muscle group is left behind. In this article we will be discussing 10 workouts which ensures the growth of each muscle group.


Military pushups-

                                  Pushups are considered as the most basic and most effective ones for different muscle groups of the body. The pushups will target your whole [ upper, middle, lower] ches, deltoids, triceps , core , also the upper and lower back. Pushups are done as a warm up exercise before a doing a physical task in the armies as they activate all the above mentioned muscle groups. Pushups are also performed by the bodybuilders before posing in a body building competition [ Mr. Olympia].


       For starting a pushup you need to get into a pushup position with your arms straight out and your body flat fully upright. By getting into a plank position. Your palm should align with your chest when you are in a plank position on your hands. To start you need to go down by folding your elbows and putting the pressure on your arms. The elbows should go flat across your back. After getting down you should push your body against the floor which will result into you getting back to your start position. That will count as your 1 pushup. A person can do 15 pushups for a set, and he should do 3 sets.



Squats – squats are the exercise to target your leg muscles. Basically the leg muscle of the human being is divided into 4 parts and there are three different types of exercises for each part of the leg. The 4 parts are defined as Quads, Hamstrings, Glutes, Calves.  Basically squats is done to target each of these muscles. Performing squat is like a piece of cake for most of the beginners. In order to perform squat you should stand straight with your feet with half metre distance ,squeeze your stomach muscle,  then you should go down, as if you are sitting on an invisible chair. Then push the ground with the help of your leg in order to get into the standing [ starting] position. That’s how the squats are performed. The different muscle groups can be targeted by changing the position of your feet.


Lunges- lunges are the exercises performed to strengthen the leg muscles and for a functional movement of the leg. They are considered best for increasing the strength in your glutes. Lunges are basically performed for the glutes in the leg. The steps to do glutes is- stand straight with your feet wide apart as your  shoulder length. Then take a step forward with your one leg [ either left or right] and bend your knee of that particular knee which you’ve taken forward. Your thighs of that leg should be parallel to the ground. Your other knee should also bend along with the previous knee. After bending down, the person should return to the standing position by pushing the ground with the foot [ on which the first step was taken] .


Overhead shoulder press- as you can guess from the name the exercise is performed to target the shoulder part of the body. In this exercise you will be needing a dumbbell of 2.5 kg or maybe heavier than this as per your choice. It also covers the upper back, the core, and the triceps part of your body. Stand straight with your feet joint or a little apart. Hold the dumbbells with your hand and lift your arm up so that the upper portion of your arm [ from the shoulder joint to the elbows] is parallel to the floor. Then by tightening the core push your dumbbell upwards till they are fully extended above your head, your arms should be in straight position but in upward direction.  Bring back your arms below in the starting position where your upper arm is parallel to the groun. Perform 3 sets of 12 repetition each for better results.


Dumbbell back fly.- this is another exercise which involves a compound weight movement. To do a dumbbell back fly you should stand in a bending [ forward]  posture forming a 90 degree angle on your back with dumbbell in your hand your face facing the ground. You should lift the dumbbells widely across to your length of shoulder. And return them to the same starting position. It is considered best for the upper and lower back of the body.

Planks- planks are done to strengthen the core of your body the abdominal part of the body. Basically these are performed to target the abdominal muscles of the body. To start this exercise you should be able to be in a position similar to a push up, on your lower arm [ from your elbow to your wrist]. The person should be able to hold the position for as long as they can,[ approximately 30 secs].

Role of small business in development of country

 Small scale industries play a vital role in the socio-economic development of the country. The average contribution of small industries in country accounts around 90 percent of the total industrial sector. The small industries in our nation contribute up to 50 percent in the total gross industrial income and contribute around 40 to 45 percent of the total export.

The heavy contribution by the small industries in our nation plays a major role in offering a vast possibility for the human employment resource along with providing the variety of productions and many more.

Small scale business and start up industries contribute largely in the territorial development of the nation. It contributes in the territorial development by utilizing the limited available resources and indigenous technology.

Small start-ups are counted among the major sector for providing vast opportunities for the creation of employment resources in India. Further it is itself an great opportunity of entrepreneurship for the creative and talented peoples. The small sector industries and the start-ups are also the major sector contributed for keeping the traditional artisan of the nation alive along with strengthening the weaker section of society in the nation.

Here in this guide, we are listing the major contribution as well as the role of the small industries that  they plays for the strengthening of the nation.

Role of small start up businesses and small scale industries in the development of nation

 

Following are some points highlighting how the small scale industries and the start ups contributes in the development of the nation:

Regional development

The small scale business exists in both the urban as well in rural area and plays major contribution in the regional development of that area. In the development of rural area, small start-ups plays crucial role like providing employment, development of the regional area, offering service in the local area, giving them multiple income sources and many more. The small scale businesses are major sector contributing in reducing the unemployment. And, this further helps in development of the country. Government take several steps for encouraging and promoting the setting up of agro based rural industries. These industries contribute majorly in the reduction of inequality of income in country.  

National development

Every country, whether developed or developing, need entrepreneurship. For the developing countries, the entrepreneurship initiations are even more essential for begin the process of development, and the process of the development as well as the entrepreneurship need to sustain for keeping the growth graph of developing countries high.

Also, a new entrepreneurial beginning brings some resources and facilities in the nation and thus contributes in the strengthening of the nation.

Opportunity for self employment

Entrepreneurship does not emerge spontaneously; rather, it is the actually the outcome of the dynamic process of interaction between a creative mind, and surrounding environment.

The entrepreneurship helps in generating the option of self employment for the talented peoples and thus helps by contributing in the development and the strengthening of the nation.

Employment opportunity

The new starting of the small scale entrepreneurial business and the small industries contributes majorly in the generation of the employment opportunities in the nation. It offers employment options to the regional peoples and thus also plays crucial role in development of the regional area.   

Variety of production

Small industries in our nation supplies wide range of products that includes readymade garments, mass consumption good, hosiery goods, stationery items, soaps and detergents, domestic utensils and many more. This way the small scale industries contributes in offering the wide range of products and services in the nation leading to less dependencies on the foreign products. Also, the small scale industries are the one to lead in providing the raw material to the medium and large scale industries for further production.

Effective use of local technology

Small industries produce simple products using the basic technology and depend on local resources. They are the make shifter and keep experimenting with the available technology to figure out the best of their use in production.

 Women empowerment

Small scale offers much employment opportunities to women sector of the society as well. There are several small business operate by women including the textile and restaurants and many more. Online businesses give massive employment opportunity to house hold women. It is very crucial for the growth in women empowerment sector of the developing country like India.

Growth in export

Small scale businesses are generating large income from exports of goods. In modern times, almost every nation is globalising their businesses via the internet. The small scale industries are also more active on the internet and international trading and exporting their products to other nation leading to growth in the export as well as increase in the GDP of the nation.

Earn with minimum capital

The small scale industries and the business idea provides the peoples with the option to start their own business by investing a very little capital as well. Most of the peoples avoids starting their own business and keeps continuing the jobs because of lack of capital. But the small scale business idea helps peoples to think out of box, start something their own by investing a very little amount of capital, and promote self employment along with generating employment opportunities for others.   

Government assistance to small business units

Since the contribution of small businesses are high in generating the employment, taking GDP high, and increase in export, government is also showing keen interest in this sector and providing their assistance for promoting the small scale industries.

Bottom

So these are some major points highlighting the role of the small scale industries in the development of the nation. The small scale industries are becoming major interest of the government as well because of their high potential for taking the graph of the growth of the nation to top.

 

What are the major benefits of small businesses?

 Owing a business is considered as way better option in comparison to jobs. Every job person in the world must have thought of owning their own business. But often because of lack of capital, less managerial experience, and less appropriate business plan forces the person to continue their job and quit the idea of starting their own business.

But the employment opportunities are finite; there is need for the entrepreneur mind to start with their own business. One can go with small business idea and make it reach the top of the particular industry.

Starting a small business is not a bad idea, instead is having its own several advantages. Here in this guide, we are listing some of the advantages of the small businesses.

Major benefits of owing a small business

Business no matter, small or large, are having their own advantages. Owing a business makes you the boss and you are no more need to work for others or under others. Having your own business will help you work for your own progress.

In a job, more you work hard, the major advantage will go to the owner of the business, and you will gain only a bit of the promotion. But working in your own business will help you enjoy all the profit and progress in your career.

The small business is also having its own advantages. Following we are listing the major advantages of the small business:

Independence

The first and foremost advantage of the small business is your independence. Yes, this is one of the major benefit of owing your business. You are no more going to work under others or for others. No whatever you work, t will be for your own profit and for your own progress in your career.

The best part of owing a business is that you are the boss and you are not having any other boss on you. You are fully independent to take decision for your business, develop strategy, and enjoy all the profit.

In a job, your boss will decide your working owner, your work routine, your work, and every thing from your day to the evening in the office. But with your own business, you are not going to have any boss on you. You are going to be your own boss, make your own routine, own timing for work, take decision for the better future of your business, design the best business strategy, and enjoy all the benefits from your own business.

Financial gain

In a job, no matter how long you work, how hard you work, or how skillful you work, you will only be going to have your salary, and some what of the appreciation. But this is not enough for an intellectual and smart brain. This is time of doing for yourself. Having your own business will help you work for yourself only.

Your hard work and efforts is going to pay you with the high financial gains. After having your own small business, your financial gains will not only be limited to your salary. You are going to make much more than just salary.

The night you spend working, the vacation trip you drop for work, and weekends you work for your own business, all are going to pay you in the form of financial gains.

Control

Yes, this is another benefit of owing your own business. You are no more bounded to follow your boss. Now, you are the authority to take the best decision for your own business. With your own business, you will get all the control to design the business strategy, to take decisions for the better future of the business, and enjoy all the profit earned from the business.                                 
Having your own business will help you with the complete control over your decisions, over your strategy planning, over your business  plan, and over your entire business.

Prestige

Prestige is another major benefit of having your own business. Owing your own business will not only earn you money, but will also earn you prestige as well. You will going to have the higher status in your society and will be known as the owner of your business. The more you work for your business, your business will not grow alone but will take you status high as well.

Equity

Owing a business will not only make your earn money and get a great financial gains, but will also help the person build an equity for them. The business in itself is a great equity. Higher and bigger the business, more will be the equity. The business man or the owner of the business is going to have the full right on selling their own business. They can further use the money gained after selling the business in another venture and make more money. This is how, the business will help the entrepreneur to make more and more money, while running, and after selling as well.

Opportunity

The business opens much opportunity for the entrepreneur to make money. The entrepreneur after getting success in one industry can enter in another similar industry as well and expand their business.

Contribution to nation

The small business along with making money to the owner also contributes much in the GDP of the nation as well. Also, it helps in creating more job opportunities for others and thus contribute in generation of more employment in nation.

The bottom line

So these are some major advantages of the small business! 

    

Stages of formation of company

 In modern market, most of the businesses require a fair amount of capital. The primary reason for the high demand of big capital is competiting the market, keep the businesses technically upgraded with the market pace, and hiring top talents for managing and running business efficiently.

The business formation do not only requires fund, but efforts and skills as well. The entrepreneur or the businessman need to have skills to manage the business efficiently, use the recourses optimally,  and make efforts to take the small business to the next level of success.

Formatting a company is complex activity that involves completion of legal formalities and procedures. Here we will understand the process of formation of company. The process can divide in three distinct stages which are as follows:

(1) Promotion

  (2) Incorporation

(3) Subscription of capita.

Promotion of a company

Promotion is initial step for foundation of a company. It is basically the idea of shaping the business idea in a physical form. It is combination of conceiving a business idea and taking first step toward laying the foundation of the company. Basically this step is for giving practical shape to the company by exploiting the available business opportunity.

Mainly a person or a group of person combindly precedes a form of a company, and these are called promoter of company. Following are some points that show the function of a promoter.

  • Discovering the business opportunityThe first and foremost activity of a promoter is to identify the business idea. The exploitation of the opportunity relies on the type of service being preferred for offering.
    • Feasibility of studies: the promoters needs to thoroughly check all the details regarding feasibility of the business idea. The feasibility study of the desired business idea depends on the nature of project. The feasibility study of the business idea may be undertaken with the consultation of the professionals including engineers, chartered accountants and many more as per the business typeWith the help of experts, one can determine how advantageous the business opportunity can beThe entrepreneur or the business owner should first consider studying the feasibility regarding the technical feasibility, the financial feasibility, and economical feasibility, and then only start implementing their business idea after positive result.
    • Name approval: After finalizing the decision regarding incorporation of the business idea, the next step of the promoter is to name their company. There is need for getting the name of the company approved by the registrar. The name of the company should be unique and should not be having the copy right issue, otherwise it might lead to the cancellation of the approval of the name. Misleading name of the company should be avoided. 
    • Fixing up the signatories to the memorandum of association:  Promoter need to take decision about the members who will signing the memorandum of association of the proposed company. Usually the person or the group of person who sign the memorandum, they are also the first directors of company.
    • Appointment of professional:  A business cannot be imagined without employees or we can say professionals. After done with the legal work for the implementation of the business idea, the next step of the directors of the company should be hiring the professionals as per their requirements and budget. For assisting them in preparing and submitting the documents required for the registration of the company.  
    • Preparation of necessary documents: For registering a company, there is need for several document under the registration of company law. So the promoter need to prepare and submit certain documents including memorandum of association, articles of association and consent of directors to the registrar.

Incorporation of company

      The next step in the formation of the company includes the process of incorporation. It is typically the process of bringing a company in existence. This process need to follow all the laws under the registration of company act. After obtain the incorporation certificate, the promoter will be allowed for running the company. Let us discuss the process of incorporation.

    • Submitting documents:  Certain documents are required to submit that includes memorandum of association, articles of association, name of directors, written agreement of directors and statutory declaration.
    • Certificate of registration: After approval of the document, the company owner will receive a certificate and this certificate is the proof of the submitted document verification.
    • Effects of registration: The registration is the evidence that the business have followed all the laws, rules, and regulations under the company act. The certificate is required to make the company come in existence. This certificate by the registrar makes the company to have their own separate legal identity.

Subscription of capital

After getting the certificate of incorporation, private company can start their business. And, now the third stage begins. The third stage is not relevant for the private companies, but one who wishes to open the public company need to go through the third stage as well for forming their public company. It involves:

  • Submit your documents and get the approval from the government body that controls the capital market. For example, stock exchange market (SBI) is regulatory body in India.
  • The public company needs to issue the prospectus or stamen lieu of prospectus and need to get it approved as well. It is basically an invitation issued to general public for subscribing the shares the company. This document needs to be submitted to the registrar.
  • Next step involves taking appointment of bankers, broker and underwriters to get assistance in selling the shares of businesses.
  • The stock exchange authorities verify the financial soundness of the company and other aspect regarding the company. If the authority is satisfied, they will secure the companys name as the stock exchange company.

Commencement of business

This stage iinvolves:

  • The allotment of the share to the public. It is -return of allotment is providing information of name and address of all share holders.
  • The minimum shares as mentioned in the prospectus need to be sold by the company.
  • After subscribing the security and receiving the minimum subscription, the company needs to apply for the issue of the certificate for the commencement of the business.
  • Along with thisthe company needs to submit the documents like declaration of minimum shares, verification document stating that all the directors paid all the money of his share in cash, and other required document.

Bottom

So this is a complete guide on all the necessary requirement for the formation of the company. I hope, all the stages mentioned in this guide will help in the formation of the business.               

 

  

Challenges faced by start up businesses and entrepreneurship

 The contribution of small start-ups for development process of country is very vital. Small scale start up industries and enterprises are important  in terms of employment, production, use of local raw material and indigenous skill. In any country, small scale business share sizable proportion of corporate. Every day bulk of new start-ups is open in world wide. But the question is how much start-ups survives in very day challenges. There are huge challenges like effective use of modern technology, changes in production process, uncertainty demand and many more. In this article, we are listing the major challenges faced by start-ups.

Lack of finance

One of the major problems faced by small start-ups is that non- availability of proper finance to carry out the daily operations. Generally a small business started with small capital. Then, they take credit from capital market. This is how the small start up enterprises are heavily dependent on the on the local finance resources. This makes the small and beginner business owners to became the victims of exploitations by high interest borrowers.

On the other hand, bank also hesitate in loaning the small and new start up companies.  The lack of capital and financial resources results in making the start up company to suffer majorly from deficits.

Raw material

Another major problem that a small start up company face is the non- availability or the lack of information regarding the adequate raw material. Since in the beginning, the demand of the final product is low, thus the company cannot buy the raw material in bulk. This results the company to pay the high price for the raw material.

Also, the small start up companies are having less facilities for the storage and warehouses, thus they are forced to buy raw material in small quantity only and consequently high price for the same.

Affordable employees

As the small start up company is already running out of the capital, they do not afford to invest in high payout talents. The start up company in the beginning need to compromise in less skilled and experienced but affordable employees. This is also the reason that impacts the productivity of the business. Since the company can pay only low numeration, they need to compromise with the low trained or no trained employees and invest their time in training them.

Marketing

Every company needs to have a good marketing strategy in order for generating revenue. For effective marketing, the company first need to understand the consumer demand and requirement. And, then they should develop the strategy according.

But in most of the start up cases, enterprises do not emphasize on marketing. Or they follow less accurate strategy. This leads the company to take more time for making progress or sometimes in lack of proper strategy, the company end up wrapped.

Quality compromise

Since the start up companies are having major financial issues, they tends for cost cutting. And, this is right up to some extent but not unless the quality of the product is compromised.

The enterprises should focus on cutting their cost down but should make sure not to compromise with the products. But, most of the start up companies with less managerial experiences cut down the manufacturing costs leading to poor quality products making them does not achieve the desired standards. Without adequate investment resources start-ups cannot match the standard quality.

Also, they do not have fund for upgrading technology which further deteriorates the quality of the product. Compromise in the product quality is weaker point for any business while competing in global market.

Lack of capacity utilisation

Inefficiency of the business operations results in high operational cost and can lead to major losses to the start up company. Since most of the start up company owners are not having any managerial experiences, they often end up with high cost operational processes and unable to efficiently utilize their capital fund. The lack of expertise and high losses gradually results in wrapping up of the company.

Use of outdated technology

In today’s time, technology plays a vital role in success of any business. Every day technology updates and business needs to update with the technology. But for the start up companies, it is quite difficult to update their technology with time. And, when the business uses the outdated technology, it can be reason for low production and failure of small business.

Ferocious competition,

In present time, the concept of liberalisation, privatisation, and globalisation policies has been followed by several countries in all over world. In this situation small start-ups feel threat from global competition. Start up companies not only faces competition from medium and large industry, but also from multinational companies. In such cut throat competition, it is quite difficult for the start up enterprise to stand and survive with well quality standards, skills in technology, worthiness in finance, and marketing capabilities.

Less labour

Another challenge that small start up companies faces are the lack of adequate and affordable labour. Many times, the company in lack of labour fails the optimal production and thus fail to survive in the competitive market.

Less online presence

Many small start up companies are unaware of the social media marketing strategies and thus do not invest in making the online presence of their new enterprise. This leads to company to lag behind in the competitive world and unable to survive or stand well in the competitive market.   

The Bottom line

So these are some major challenges faced by the small start up enterprises! I hope this article help the small start up entrepreneurs to acknowledge the major challenges in the start up business and develop strategy accordingly. 

       

 

Challenges faced by small businesses

 Starting a business is often dreams for many! But what is more difficult is the running and maintaining the business. Yes, whenever you ask any small business owner about the running experience of business, they will admit that running a business is way more difficult then starting it. It requires much efforts to run and maintain the small business.

The question arise that what are the major challenges faced for running a small business. Here in this guide, we will discuss all the major challenges that small business owner faces while running their business.

Top 5 major Challenges faced by small businesses

Running a small business is big task. Along with efforts, there is need for much self discipline and determination in order to run the business and take the small business to the next level.

Many of the small business owners with their determination and discipline manage to overcome these hardships and take their small business to bigger ones. But some of the small business owners in lack of information and guidance unable to run their maintain their business and end up with sum up of their business.

Here in this guide, we are listing 5 major challenges that small business owners face while running their business. Information of these challenges will help the small business owner to be prepared for them and thus easily manage running and taking their business to next level. These major challenges faced by small business owners are as follows:

Absence of proper marketing strategy

These is one of the major challenges that a small business owner face while running their business. In the beginning of the business, the new business man is having less experience in maintaining the business and thus often lacks the proper marketing strategy in order to manage and grow their business.

Just after starting the business, most of the businessmen are unaware of the marketing strategies they should use in order to promote their business, and market well, and thus survive well in the competitive market. The business man requires to learn all about the marketing strategy that fits their industry and start following a proper marketing strategy in order to make their business project successful.

There are several marketing methods including the online marketing practices, offline marketing practices, social media marketing practices, direct mouth to word marketing practices, and many more. The business man as per their industry type and the business type can select any or multiple of the marketing practices, build their marketing strategy, and take their business to the next level.

Getting new customer and retaining them

This is another major challenge for the small business owner to get new customer. And, after getting new customer, another challenge that the new owner face is retaining the new customer. Customer is no doubt the most important factor for any business. The business owner requires to learn the tricks to retain their customers.

With the proper marketing strategy and promoting the products, the small business will start getting new customers. But getting the customers is not enough, there is need for the business owner to retain each and every customers. There is need that the owner should keep the satisfaction of their customers on first priority. This will also play a major role in mouth publicity of the business and the customer satisfaction will attract many more customers to the small business.

Make sure that the business owner should prioritize their customers satisfaction on the top, provide value to them, and try making their customer experience best.

Financial management

The only way to maintain the small business is the regular and strong cash flow. The small businesses are itself running out of capitals, in that case, if cash flow in the business is not consistent, it will take the business in major loss leading to its wrap up.

Thus financial management is another big challenge that the small business owner face. The small business owner should carefully invest in their business and make sure that they are not investing more than they are making from their business.

Foolishly investment can lead to the wrapping up of the business. So, all the small business owner should carefully check the value that they can obtain from the investment and then make the investment only.

Maintaining online presence

The major mistake that most of the traditional small business owners make is no online presence of the business. Most of the small traditional businesses often find it hectic to make their business presence online and this often lead them to lag behind from the competitive market.

The company whether small or medium, should invest in making the online presence of their small business. The online presence of the business will help the company with lots of new opportunities to grow.

Time management

Though time is infinite, but not the hours in a day! Thus all the small business owners need to manage their time effectively in order to achieve the maximum in every single day. They should manage their time in such way to make their entire day more productive for their business.

The competitive world is very fast moving and you are already running out of time, so make sure to utilize the every single second of your day effectively and productive for your business.

The bottom line

So these are top 5 major challenges that the small business owner face while running and managing their business. This guide will help awaring the small business owners with the major challenges and  the effective remedy in order to help them run their business more effectively and efficiently.