A significant part of success depends on how well you deal with adversities in your business. A positive and can-do attitude will do the trick, when you come across a challenging situation in your business. The ability to deal with failure forms the foundation of an entrepreneur’s success.

As per a study, 30% of new businesses fail within the first two years of commencement, while only 25% successfully run their business for 15 years or beyond. There are umpteen number of reasons why several businesses fail at the beginning itself and numerous start-ups experience a short stint in the market. What could possibly go wrong with these businesses? Why don’t they see the light of day? The obvious reasons for it could be inappropriate business strategy.

As an Entrepreneur, you need to be vigilant and cautious about the day to day operations of your business. Sometimes, even a small negligence on your part may prove to be detrimental to the overall business. Your business needs to maintain a consistent amount of revenue otherwise it will be difficult to survive in the rat race and thrive in the market. Certain causes of losing money in business may be beyond your control and the corresponding losses may lead to the business suffering from a financial crunch.

Health is a crucial aspect of everyone’s life and one suffers from health issues, one needs to take recourse to pharmacy. Healthcare industry is highly dependent on pharmacists, as drugs and medicines are the essence of medical treatments and therapies.

The most auspicious part of the year has come as per the Hindu calendar. We are all set to celebrate the festival of lights. Prior to the grand Diwali celebrations, comes the auspicious day of Dhanteras. It is believed that whatever one buys or invests into on this day, gives manifold returns and gains. Dhanteras is a combination of two words – “Dhan” meaning wealth and “Teras” meaning 13th day of fading moon fortnight of Kartik month of the Hindu calendar. Dhanteras also known as Dhanatrayodashi falls on 5th of November this year.

Running a factory isn’t a simple task; you need to be prepared for unforeseen changes and fluctuations in the economy. Investment in buying new machinery can certainly help to improve productivity in your factory. Regardless of the size of your business, boosting productivity is essential to enhance the business profit and maintaining competitiveness. Profitability and productivity on the manufacturing floor relies on the equipment, manpower and the processes. Before you adopt any new method for enhancing productivity, you need to ensure that the existing practices are in place or well-implemented. Following are some ways in which you can improve factory productivity:-

Dussehra is round the corner and we all are eagerly awaiting to celebrate this festival with devotion, faith and enthusiasm. This is the day in the Hindu calendar, when the demonic king, Ravana was killed by Lord Rama in the epic of Ramayana symbolizing the victory of good over evil.

Are you selling the best quality products or offering the best services in the market but still witnessing low customer footfalls? Every retailer who runs a business has the primary intention to get more and more customers. After all, earning revenue is crucial to the survival of every business.

In the present-day corporate business environment, working professionals have to go through cut-throat competition, work under tight deadlines and on top of it the ever-increasing work pressure takes a toll on them. Where is the scope for them to strike a work-life balance?

Failure is a part and parcel of our life and while running a business enterprise, one may have to go through it at some point of time. A business venture involves risks and uncertainty and there is no clear and definite path to achieving success. Many successful entrepreneurs have learnt the hard way from their mistakes and failures.