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How to overcome losses in the early stages of your startup

Small Business Administration’s statistics revealed that out of ten new employer establishments. Seven survive at least two years and 51 percent survive at least five years. During the early stages of the startup it is difficult to determine the costs involved in setting up and managing the business. It is highly unlikely to earn revenues during the early stages of any business. Besides, a lot of funds are required for product development, growth etc. Most of the entrepreneurs overlook the costs involved in setting up a business and therefore fails. (more…)

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Which payment gateway is right for your store?

A payment gateway is an e-service that allows people to do online transactions through the medium of credit cards, debit cards, internet banking, and online wallets. You are entering the world of e-commerce. Research says that on an average 2.5 million transactions fail during the payment transaction on irctc.co.in. Hence, obviously, payment is a big issue for you, but not now. If you have created your own store already then understanding payment processes is half the battle. (more…)