Business is rapidly turning towards the mobile phone apps. Consumers are accepting this way of buying and selling. This idea isn’t new and time (wise as it is), has credited worldwide, the internet, as a vehicle to do business. Buying online is now common ground. Clients have begun to trust the net - which was one of the main obstacles. Once this issue has been reasonably resolved, the benefits for both sides (business<>client) are highly recommendable.
Mobile Phone Advertising Statistics - Worldwide
The following statistics are a brief summary, if you want to read the complete infographic you can find it in alextohme - interesting blog about business in the middle east.
Ad Spending - (2012 - 2016) in billions USD
M.East and Africa
These statistics expose clearly that the bet on mobile ads is strong. Societies are developing towards a mobile world. A world that has been revolutionised by the speed in which connectivity between countries or continents is accessed. For entrepreneurs it’s a huge opportunity. Now business can be achieved through many different channels - websites, blogs, social media, video conferences - Bringing possibilities that can be closed through the net. At the same time the business has to, also, be mobile. Meetings can be arranged and clients can come from different countries.
In this mobile era, businesses must be able to be mobile too. Following are some points that a business should have to be mobile.
Borders - clients can come from all parts of the world
Infrastructure - meetings can be held anywhere and therefore with possibilities of expanding
Languages - service clients in their mother tongue
Flexibility - in all aspects of the business (admin, product, costs)
Update - professional IT technicians
Tackling this isn’t a one man job. Calling upon help, for a business startup...it’s a big risk, the costs can rise and keep on rising. While the revenues might not follow the same curveline, causing major issues throughout the company. This is a realistic approach for a startup to take into account if the idea is to globalise the product.
Outsourcing is the realistic option to take, no one has the capacity to manage such a venture. As pointed out above. Expenditure can overcome revenues and collapse the business before maturity. Therefore the chosen options must be carefully analysed. Here flexibility plays a key role. One of the biggest burdens of businesses are fixed monthly costs being this, one of the major reason for not reaching the set targets.
In Business Centres these words have echoed across their walls and are evolving into what they like to be considered as - Serviced Offices. In these modern business centres - meeting rooms, business lounges, virtual offices, business addresses - are offered on a worldwide network scale.
An alternative could be a bank loan, with the most flexible payments on the market. Having professional advice is a great advantage - if their is a realistic possibility...use it. With a professional at hand, the path to the right bank loan will be less traumatic and savings can aid in the company’s future.
Cogito ergo sum
Be thorough when it comes to the economical expenses and revenues. As an entrepreneur, a startup, can mean to be walking a thin line to balances these two issues. The wider you can form that line before you start, the better. Apply René Descartes famous philosophical proposition - if the business is able to doubt its existence, to understand that sense sometimes deceive and therefore realising itself. In the inner and outer parts of the business. As a whole network of combined professionals seeking the same outcome.
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