Blue and Red Ocean Strategy is a concept that was first introduced by W. Chan Kim and Renée Mauborgne in their book “Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant.” The concept outlines two different approaches businesses can take when developing a strategy to gain a competitive advantage in...Read More

In any organization, there are bound to be a variety of personalities, and not all of them may be positive. Toxic people are those who display behaviors that are detrimental to the overall health and productivity of the organization. Identifying and dealing with such individuals is essential to ensure a healthy work environment. In this...Read More

Marketing is a vital component of any business, regardless of its size, industry, or location. It is the process of promoting and selling products or services to customers, and it is essential for companies to invest in marketing to achieve their sales and revenue goals. In this article, we will discuss the importance of marketing...Read More

The Pareto rule, also known as the 80/20 rule, is a principle that states that approximately 80% of effects come from 20% of causes. The rule is named after Italian economist Vilfredo Pareto, who observed that 80% of the wealth in Italy was owned by 20% of the population. The principle has since been applied...Read More

An S-curve is a graphical representation of the growth pattern of a particular phenomenon over time. The S-curve takes its name from the S-shape it forms, which resembles the letter S. In business and management, the S-curve is a useful tool for understanding how a new product or technology will be adopted and how its...Read More

The role of a CEO in a Small and Medium-sized Enterprise (SME) has never been more important than it is today. In the constantly changing business environment, SMEs require strong leadership to navigate challenges and opportunities, manage resources, and drive growth. To be a great CEO in an SME in 2023, there are certain qualities...Read More

Angel investors are high net worth individuals who invest their own money in early-stage or high-growth startups in exchange for equity. They typically invest smaller amounts of money than venture capitalists, ranging from a few thousand dollars to a few hundred thousand dollars. Angel investors provide funding, as well as strategic guidance and industry connections...Read More

The world of startups can be exciting, innovative, and unpredictable. Tech startups, in particular, have the potential to disrupt entire industries, change the way we live our lives, and create massive value for their founders, investors, and society as a whole. However, before you invest your time, money, or resources into a tech startup, you...Read More

Startup funding is a crucial part of building a successful business. There are several stages of startup funding, each with its own characteristics, requirements, and potential sources of investment. In this article, we will explore the different stages of startup funding and provide examples of each. Pre-Seed Funding: The pre-seed stage is the earliest stage...Read More

Food and beverage (F&B) businesses are notorious for their low profit margins, high competition, and labor-intensive operations. However, with the right strategies and practices, it’s possible to professionalize an F&B business and make it more profitable, efficient, and sustainable. In this article, we will explore some practical tips for professionalizing your F&B business and taking...Read More

A pitch deck is a visual presentation that entrepreneurs use to pitch their business idea to investors, potential partners, and customers. It typically includes a summary of the business, its products or services, the market opportunity, the team, and financial projections. The pitch deck is a critical component of fundraising, as it is often the...Read More

Raising funds from venture capitalists (VCs) can be a challenging but rewarding process for startups looking to scale their business. Venture capital firms provide financial resources, industry expertise, and networks that can help startups grow and reach their full potential. However, the competition for VC funding is intense, and only a small percentage of startups...Read More

Transfer pricing is the mechanism by which multinational corporations (MNCs) transfer goods, services, or intangible assets within their global group of companies. Transfer pricing refers to the prices at which these transactions occur and is a significant tool for allocating profits among different jurisdictions. The main goal of transfer pricing is to ensure that profits...Read More

Valuing a restaurant is a complex process that requires consideration of many factors. It involves assessing the financial health of the business, its assets, liabilities, revenue, and expenses, as well as evaluating the current market conditions and the restaurant’s growth potential. Here are some concrete examples of how to value a restaurant: Cash Flow Analysis...Read More

A venture capitalist (VC) is an investor who provides funding to early-stage or high-growth companies that have the potential to become successful and profitable. VC firms manage money from institutional investors, such as pension funds, endowments, and wealthy individuals, and invest it in startups in exchange for equity. In addition to funding, VCs also provide...Read More

Vietnam is a country that has seen a significant increase in immigration in recent years. Whether for work, study, or personal reasons, individuals and businesses from around the world are increasingly considering relocating to Vietnam. However, the immigration process in Vietnam can be complex and challenging, requiring careful planning and a well-defined strategy to navigate...Read More

Vietnam is one of the most rapidly growing economies in Southeast Asia, and this makes it an attractive investment destination for Indian firms. With a population of around 100 million people, Vietnam offers a large and expanding market for Indian companies seeking to expand their global reach. Vietnam has undergone significant economic and social transformation...Read More

As a business owner, one of your primary concerns is managing expenses and maximizing profits. One way to reduce your tax liability and keep more of your hard-earned money is to take advantage of deductible expenses.  As a company, it is important to understand what deductible expenses are and how they can help reduce your...Read More

Question: May I create a business with a main location as a food truck? 1/ Food business in the model of mobile trucks According to the WTO Schedule of Commitments on Trade in Services applied to foreign investors, for food and beverage services, mobile business has not been “clearly” committed to foreign investors when operating...Read More

Transfer pricing is a significant issue in Vietnam as it has become an increasingly popular destination for foreign direct investment (FDI). With more and more multinational corporations (MNCs) setting up operations in Vietnam, the Vietnamese government has been focusing on transfer pricing regulations to prevent tax avoidance and ensure that tax revenues are collected fairly....Read More