How to Raise Funding Through SME Exchange
The number of SMEs in India is now estimated to be at 42.50 million, and accounts for 16% of bank lending. This formal and other informal SME lending mechanisms are the most commonly availed SME financing types.
However, there is a much better way to do it – SME exchanges…
Funding Strategies for Startups
Access to funding is one of the key challenge faced by startups. With no collaterals to produce or existing cash flow to show, many startups fail to get loans and are forced to stretch their existing funds to stay operational.
Investors therefore view startups as a high…
Govt. of Karnataka Venture Capital Funding For Startups and MSMEs
As a business center and office space provider in Bangalore, we provide all kinds of business support services for our new and growing startups and MSME units.
One of these support services is to advise and guide startup founders and business owners about how to raise angel and VC funding.
Not all startups…
Small business income guide – Pros and cons of salary vs profit
When you start a business, a key requirement for growth is that revenue be plowed right back into the books. The business, for its part, has to fulfill the need for a steady income befitting your lifestyle.
It’s not easy to balance these opposing requirements, so you have to come up with a clear strategy for splitting revenue into expenses,…
Startup Success Tips for Women Entrepreneurs
The odds of success as a startup or new small business are low enough as it is. Only half are still in business after five years, and 70-80% will be history within 10 years. If you’re a female-owned startup, then the numbers are even more dismal.
What can you do to even these odds? You can start by doing all…
Growth Hacks for Growing Your Business Uninterrupted
The term “growth hacks” has become so much of a buzz word that it tends to be used even for normal business processes.
But if you look at it closely, a hack requires a certain level of innovation that gives you an edge and puts you ahead…
7 Things Startup Mentors at Evoma Can Do for Founders
Evoma has commercial business centers where you can get office space for rent in Bangalore. But startups, especially entrepreneurs with an idea or early stage venture, will go towards facilities, services and technical assistance that they need.
Grow your Startup at Evoma
Call now: 08041903000 or inquiries@evoma.com
Selling Office Space for Rent in Bengaluru
With large global companies pouring billions of dollars into the Bangalore real estate market, the competition for filling up office space in business centers and tech parks has become fierce.
How do you stand up to a $5 billion competitor who throws open the…
Why it’s Easier to Market a Coworking Space
There’s a lot of difference between commercial office space, serviced offices and coworking spaces, when it comes to marketing them and filling up your empty seats. Office space depends hugely on the location and the rate per square feet in that area.
Apart from the location, the success of serviced offices also depends on the facilities, features and…
Business expansion through networks
Every small business owner in the country has a dream of becoming a hugely wealthy and successful businessman with a company and branding that is known all over the world.
The primary reason why 85% of small businesses cease to exist after 10 years is that they are not able to expand, and change is the only constant. Either your…
Finding Your Target Market
We work with startups of all stripes and verticals, helping them with everything from mentorship to funding, business support services, and marketing and sales. One of the things that we do is to help analyze and profile our customer’s customers.
We’ve found, from experience, that growing startups bump into some…
New Year Resolutions for 2018
The year is coming to a close, so it’s time to set the agenda for the next year. You know your business better than anyone else, so I’m not going to try and tell you how to run it better.
Just take a look at these New Year resolutions…
How to Organise a Successful Business Event
Being one of the earliest and most popular Business Center Groups in Bangalore requires Evoma to be aware of changing trends and requirements of our customers – SMEs, startups, corporate branch offices and consultants.
To keep them engaged and increase customer retention, Evoma is now implementing a strategy in which the real estate requirements come last. Before that,…
What is a Lean Startup?
All startups are experiments in the first place, without any certainty of what’s going to happen. What is the business model? Is there a proof of concept or minimum viable product? Do you have a prototype, a plan for commercialisation? Is there a market for your product or solution? Do you have, or plan to raise, enough…
Biz Summit 01 for Startups and SMEs at Evoma KR Puram
Evoma is hosting a free event for startups and businesses in the 0-6 year growth stage on Nov 4, 2017, at Evoma OMR, KR Puram, Bangalore.
The event, Biz Summit 1, will bring entrepreneurs, startups and businesses together with investors, enablers and innovators to provide the infrastructure, funding, sales, branding and networking support needed for growth.
How to open a branch office in India
If you’re a foreign entity considering entering the Indian market, you’ll be making an FDI investment. This means there is more assistance available to you (through Make in India, Invest India, etc.) than is to the usual domestic business firms trying to expand their operations across the country. The procedure for opening branch offices is…
Low and Zero Interest Small Business Loans
The business mentors and financial industry experts we work with keep telling us that entrepreneurs and business owners should not spend any of the funds they raise while they’re still in the initial stages of starting a business. On the other hand, the experts also say that you should apply for loans when you…
What is the Difference Between Startups and SMEs
Both startup founders and small business owners go through the same new business setup and growth curve in terms of investment and lack of a corporate structure. But their funding mechanisms are completely different, their route from idea to commercial operations is different, and their customer base is typically not the same either.
Analysis of Startup Failure Due to Premature Scaling Characteristics
We all know the economic importance of providing a business environment in which startups can thrive, but there’s no scientific method or formula that leads to successful startups. According to the Startup Genome Report,
90% of the time, startups fail due to self-destruction and…
The Connection Between Startup Growth and Your Office Space
We work with hundreds of startups, SMEs and consultants who are located at Evoma’s business centers across Bangalore, mentoring them, helping them raise funding, providing food and beverages, connections to buyers, various business support services, meeting and conference rooms, board rooms, reception desk, lounge for meeting clients, and…office space.
There’s a…
10 Productivity Hacks for Startup CEOs
As a startup founder or CEO, you are expected to do everything, preferably by yourself. You have the idea, you build the product, get the business up and running, raise funding, promote your startup, find the customers, and do the sales calls.
All this takes up more time than you have. Then…
Top 10 Must-Have Skills for Startup Success
Take a look at the evoma.com home page. It’s a resource page for businesses, divided into sections – thinking of starting a business, starting a business, running a business, and growing a business. Each category requires a different set of skills and has its own set of business challenges.
How to Find a Mentor for Your Startup
If you have a checklist of things you need as a startup founder, one of the top 5 would be mentorship. A mentor may provide material support, but their real value lies in the guidance and experience that they bring to the table.
You may have a mentor in the family…
What is the Definition of Startup Success?
The sad part about offering shared office space for startups is that many of them leave and move into offices of their own when they start getting some traction. That’s one of the reasons why Evoma has different ranges of office space at different locations in Bangalore. We’re able to retain successful startups by offering…
Startup Office Costs That You Can Eliminate
As a breed, startups tend to be cash-starved and desperate to find ways to cut corners, reduce costs and overheads, and make whatever little funding they have go further.
If this is you, then we have here some fast and easy ways to eliminate startup office costs…
30 Reasons Why Startups Fail
Startups have been the success story of the decade, especially in Bangalore where many founders are making it big. But for every startup success story, there are countless others who fail.
These failed entrepreneurs are all still agonizing over the answer to that…
Crucial Considerations For Your Startup Space
Deciding on the right place to set up your startup space can be quite challenging. It is a big decision to make, because if you are not planning for your garage or basement to be your launch pad, then the cost of setting up an office will…
Bootstrapping a Tech Startup in India – Challenges and Solutions
Private equity funds are on a buying spree. Venture capitalists are raising billions for investments in startups. Angels are spreading their wings more often and readily.
Add to this the Govt. of India’s startup initiative “Fund of Funds” with a corpus of Rs. 10,000 crores, and plans for allowing pension funds to invest in private…
Studies Highlight Community as Secret of Cowork Success
One of the good things about spending time in Evoma’s coworking space in Bangalore is that you get to meet and talk with coworkers who have personally used shared spaces in many cities. It’s amazing to watch them set up their stuff and get to work.
Evoma Startup Success Story – Telemedicine Company HealthcareMagic
As part of a series of startup success story episodes featuring Evoma members, we are today talking to Shekhar Sahu, angel investor and cofounder of HealthcareMagic. The goal here is to seek tips, best practices and inspiration from our most successful startups and entrepreneurs, and share these startup success secrets with all of you.
Evoma is…
The Coworking Space Bangalore Startups Need For Scaling Fast
One of the things we do to improve our coworking space in Bangalore is to get regular feedback from coworkers. It’s not a feedback form, but actual conversation with coworkers that tells us what they like, what irks them, and what would really help them grow their business. The one thing that keeps coming up repeatedly in these conversations…
How Bangalore Coworking Hub Reduces Office Rent and Costs
In this article, I’m going to crunch some numbers and show you exactly how much money a Bangalore coworking hub can save for you in rent and costs. Selecting a prime location for business in Bangalore is one of the most important things you have to do when starting a new business,…
Bangalore Coworking Spaces Create New Startup Ecosystems
Every metro city in India wants to be the next Silicon Valley, but it’s only happening at the scale needed in Bangalore, which is the only Asian city apart from Singapore in the world’s top 20 startup ecosystems listed by San Francisco-based Compass in their most recent Global Startup Ecosystem Ranking.
If you want factual…
Financial Planning Guide For a New Business
Nearly 50% of new businesses fail to survive past the five-year point, and 90% will be gone after 10 years. If you’re wondering why the failure rate is so high, the top five reasons for business failure include three that are related to finance. One of them is failure to track your finances, the second one is…
Entering Into a Joint Venture Agreement
A joint venture involves two or more businesses pooling their resources and expertise while starting a business. The ownership, operational control, profits, risks and liabilities of the enterprise are all shared as per the joint venture agreement.
This makes the JV…
Outstanding Tech Startups From Bangalore
Bengaluru is one of only two Asian cities listed in the latest Compass Global Startup Ecosystem Ranking. The sustained growth of startups in Bangalore has resulted in the city boasting of 26% of India’s total startup count. The growth of tech startups has been especially stellar, and Bangalore now has a long list of companies that have…
Government Loan Schemes Offering Working Capital For Business in India
Over 90% of the over 98,000 businesses that are launched in India every year end up as a failure. That’s quite normal by global standards, but the main reason for a large number of these failures is working capital. To be specific, a major reason for failure is the lack of working capital for business. The good…
How to Develop an Effective Marketing Strategy for New Business
Having an effective marketing strategy in place to generate leads and align campaigns with your business goals, mission and vision ensures optimum returns out of your marketing budget.
5 Key Points of an Effective Marketing Strategy
Before you start mulling over strategies, think about the answers to the five questions below. These are the 5 key points…
Guidelines for Business Financial Management and Accounting
Financial management and accounting are very sensitive areas of your business, and most new entrepreneurs and small business owners struggle to manage this aspect properly. Lack of knowledge and resources in this area is likely to lead to…
Government Schemes to Help Young Startups Grow in India
The startups scene in India is now red hot, as evidenced by a NASSCOM report which reveals that the funding pouring into this segment has increased to $4.9 billion last year. This is 125% more compared to $2.2 billion the year before that, and also higher than the cumulative…
BEETF Symposium at Evoma, K.R. Puram
On Friday, Dec 07, 2018, Evoma is hosting the 3rd Annual BEETF Symposium. BEETF is the Bangalore Effective Education Task Force, a project with a mission to provide all urban poor children in Bangalore an effective education.
The theme of the event is “BRIDGING GAPS IN EDUCATION:…
10-Step Tutorial for Starting an Online Business
10-Step Tutorial for Starting an Online Business
Anyone with an Internet connection and a keyboard can start an online business today in five minutes, with zero investment. But while the entry barrier of starting an online business is virtually nonexistent, the barriers to growth and success are significantly higher.
How to Write a Business Plan
How to Write a Business Plan
From childhood we have been taught to have a plan for everything we do in life. Why is planning so essential? According to the a plan is a “Written account of intended future course of action aimed at…
How to Start a Startup
How to Start a Startup
So you want to start a business! Once you get over the initial excitement, now It’s time to break down the process of launching your startup. Not to worry. I’ve broken down this startup checklist into the primary tasks you need to do now, and those that you can…
What is the Difference between Private and Public Limited Company?
What is the Difference between Private and Public Limited Company?
A company at its crux, is an artificial person created by law. It’s an association of individuals having a separate legal existence, perpetual succession and a common seal. It’s capital is generally divided into transferable shares, subject to certain conditions.
How to Start Your Small Business
How to Start Your Small Business
To become a small business entrepreneur, you have to learn to wade through risks and challenges. Be disciplined, self-driven, hard working, confident and also think smart. Believe in the product or service you are providing. Brush up your marketing and leadership skills. This helps in establishing…
How to Start a Business Without Money
How to Start a Business Without Money
You have a brilliant idea that you think is unparalleled but lack experience in starting your own company and working capital which leaves you in a fix! How do you go forward and start a business without money?