The Big Leap
Your part-time business may be a big hit, but does that mean you’re ready to go full-time. Use our check-list to make your decision.
Judge your market. Ensure you make a correct assessment of the size of your market before you jump in.
Check your finances. Going full-time involves additional investments, and unless you are confident of additional revenues flowing in, you may be hard-pressed.
Get your hands dirty. Gear up juggle with areas like finance, production and marketing all by yourself.
Gauge the exit costs.
As you increase the size of your business, you also increase the chance and the size of the loss that you make if your enterprise fails. Get a fix on this.
Falling Air Fares
There’s good news for travel bugs. Domestic airfares are plunging. Jet Airways and Indian Airlines have cut fares by 12 to 64 per cent on 37 and 50 sectors, respectively. And both, along with Sahara Airways have announced promotional packages. That’s incentive enough to induce you to fly, instead of taking a train to some destinations.
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