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Business Strategy

Business Strategy is the high-level plan and decision-making process guiding a company’s direction, resource allocation, and actions to achieve long-term goals, competitive advantage, and market success.

Setting Prices for Menu Items and Delivery Fees in a Ghost Kitchen

Setting Prices for Menu Items and Delivery Fees in a Ghost Kitchen

How to Set Profitable Prices for Your Ghost Kitchen One of the most important aspects of running a successful ghost kitchen is setting profitable prices for your menu items and delivery fees. If you price your items too high, you may lose customers. If you price your items too low, […]

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Breaking Down Lean, Agile, and Design Thinking: Which One Fits Your Business?

Breaking Down Lean, Agile, and Design Thinking: Which One Fits Your Business?

As companies evolve to adopt, integrate, and leverage software as the defining element of their success in the 21st century, a rash of processes and methodologies are vying for their product teams’ attention. In the worst cases, each discipline on these teams learns a different model: product management, design, and […]

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Agile’s Evolution: From Revolutionary Method to Mainstream Practice

Agile's Evolution: From Revolutionary Method to Mainstream Practice

In the article “Agile is Dead, McKinsey Just Killed It” on “Terem.tech”, Scott Middleton discusses the transformation of the agile movement and its current state in the tech industry. Agile, which revolutionized technology companies and contributed to the success of giants like Google, Facebook, and Airbnb, is now considered to […]

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Navigating the Cloud Kitchen Current: Strategies for Smooth Sailing

Navigating the Cloud Kitchen Current: Strategies for Smooth Sailing

The article from ETHospitalityWorld by Himanshu Chawla, founder & CEO of Bakingo, outlines critical strategies for effectively managing a cloud kitchen business. As the cloud kitchen model continues to grow, with a projected compound annual growth rate (CAGR) of 14.9 percent from 2023 to 2028 in India, the competition is […]

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Understanding ERP: The Backbone of Modern Business Operations

Understanding ERP: The Backbone of Modern Business Operations

Enterprise Resource Planning (ERP) systems have become the backbone of modern business operations, offering an integrated and continuously updated view of core business processes. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system […]

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How to Start Your Own On-Demand Food Delivery Business

How to Start Your Own On-Demand Food Delivery Business

A step-by-step guide to setting up and running a successful on-demand food delivery business. The on-demand food delivery business is a rapidly growing industry, and entrepreneurs have many opportunities to get involved. If you’re considering starting your own on-demand food delivery business, here are a few things you need to […]

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DoorDash Reports Record Orders and Revenue in Q2, Boosts Full-Year Forecast

DoorDash Reports Record Orders and Revenue in Q2, Boosts Full-Year Forecast

DoorDash, the popular food delivery service, has announced record-setting numbers for total orders and revenue in the second quarter. The San Francisco-based company revealed that its total orders surged 25% to 532 million, surpassing Wall Street’s expectations. Revenue also saw a significant increase of 33%, reaching $2.1 billion. The company’s […]

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The SaaS Economic Model: Facing New Challenges

The SaaS Economic Model: Facing New Challenges

In the Software as a Service (SaaS) world, companies have traditionally relied on two primary growth avenues: acquiring new customers and upselling existing ones. The beauty of the SaaS model lies in its subscription-based revenue, which offers predictability and, over time, profitability. As customers continue to use the service, their […]

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Amazon, Meta rethink US expansions.

Amazon, Meta rethink US expansions

Amazon is pressing pause on six new office buildings across the Nashville, Tennessee, area and near the company’s headquarters in Washington state, Reuters reports. The e-commerce giant says the move won’t affect hiring but will help ensure the buildings are suitable for a hybrid workforce. Amazon is also joining Meta […]

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