Small businesses work with local economies by bringing competition and development to the business sector. Launching a business is a massive success for many entrepreneurs, but it’s the biggest challenge to maintain one. Business Analysts support companies in changing, adapting, and growing to the world’s organizational goals.
Unique challenges of small business
Each business, big or small, is challenged by many standard obstacles. These include recruiting the right people, building a brand, and developing a client base. Here are the five significant challenges for small firms: Customer Dependence, Management of Money, Fatigue, Dependence on founders, and Balancing of Quality & Growth.
Business Analysis – What it means?
The business analysis allows the change in the organizational context through the definition of needs and recommendation of solutions that provide value to its customers.
The most recent version of the instructions extends its scope to cover agile development, business process management, business intelligence, and business architecture beyond business analysis. It includes
- A model concept that integrates ideas and language across disciplines of business analysis
- Restructured areas of knowledge for business analysis at all stages, from small tactical initiatives to drastic changes
- Five aspects covering the essential fields of company analysis and show how to apply knowledge to various situations
- Covering new industry-recognized techniques of business analysis field
- In every field of expertise, updated and revised content is more.
Why business analysis for small businesses?
Business analysis helps all types of small enterprises to leverage and succeed in their operations. Within the framework of the business process, the business analysis process is crucial. The process involves identifying the primary business goals in this phase and gathering as much data and details. This information allows you to compile an overview of the company’s challenges to its objectives. The business analysis contributes to reducing company costs by increasing Return on Investment (ROI) and reducing business costs. A business analyst can benefit a small business owner as much as a large firm.
Challenges of Business Analyst for small businesses
Small business owners may not think a Business Analyst is necessary. Small enterprise owners sometimes overlook a vital part of their success in trying to survive. The business analyst can find out what the business owner can do to expand his business.
The unique challenges of the Business Analyst (BA) in small business:
- Business rules identifying & analyzing: In each company, there are rules of commitment. These are essential for development and growth. The BA is responsible for identifying and analyzing these rules. The role of BA here reduces duplication and leads to improved productivity.
- Conclude process details: After identifying and analyzing the processes, the BA will conclude. This phase may necessitate steps to add or make drastic changes. It gives the company the ability to acquire better results.
- Documentation of process and procedure: The BA records the business procedures and operations. Through this, BA can understand what the company has achieved in the past, successful objectives, and achievements of business goals. Also, BAs document the process of the company.
- Examine process details: The BA examines in detail after documenting the procedures and processes. This phase helps the professionals understand the process and what tasks to do to ensure that the results are excellent.
- Interpret business requirements: The BA also understands the needs of the industry. This phase is essential for the company to know how, when, and where the applicable changes are necessary.
- Map out new process design: Once the interpretations of business requirements get completed, the BA identifies new processes that help the company achieve the best results. It is essential because new and improved process designs that bring key business benefits can satisfy the customers, make more return on investment (ROI), and have the right competitors.
- Facilitate process workshops: The BA provides for process workshops that notify team members and stakeholders about the identified problems so far and the provided solutions. Everyone is ready and happy to work for the company’s development once their buy-in is protected.
Roles & responsibilities of the Business Analyst:
Business analysts should be strong communicators and precise analyzers by collecting, distributing, and managing company data, and business analysts act as linkages between internal departments. The most demanding career/roles and responsibilities are:
- IT Business Analyst: They create a detailed business analysis highlighting problems, opportunities, and solutions for a company.
- Data Scientist: The primary responsibility of a Business Analyst is to interpret data, deliver reports, and make suggestions based on research findings.
- System Analyst: They implement central computer criteria by defining and evaluating system problems and identify application problems by allowing users.
- Business Analyst Manager (BAM): BAM finds ways to boost productivity and lower costs and connect IT and business teams.
- Quantitative Analyst (QA): QAs work on optimal systematic trade strategies with mathematicians, engineers, and physicians.
Top Skills learned in Business Analyst training course:
Anyone who wants to step into a Business analyst profession should first get a Bachelor’s degree in any discipline with at least 50% aggregate marks. One can then take up a masters program in Business Analyst Certification to upskill themselves and make a great start to their career.
The Business Analyst course boosts candidates’ know-how in the latest business analyst tools and techniques, including planning and monitoring, data analysis & statistics, visualizations, Agile Scrum methodologies, and Structured Query Language (SQL) databases. Also, you can gain these skills – business understanding, competitor and market analysis, scope and objectives defining, requirements gathering, documentation analysis, and solution designing, analysis & testing.
The Industrial Policy Resolution (IPR) of 1948 accepted the most important small businesses in the country’s overall industrial development. In achieving the Indian objective of becoming a $5 trillion (~Rs. 32.42 Lac crore) economy by 2025, the small business sector will play a crucial role. The Labour Statistics Bureau estimates that demand for Business Analysts will increase by 14% by 2024. It is one of the higher average percentages of growing specialities. It is the best opportunity to take business analyst training to speed up your career.
Top Web Scraping Frameworks
Web scraping is used to gather and analyze data from the web. Every client might require a different service. According to each client’s different needs, there are different frameworks for different types of web scraping.
We have listed here some of the top web scraping frameworks for you.
- Strom Crawler and
These are some of the popular web scraping frameworks. Each Framework has its own advantages and disadvantages. Not every Framework will be suitable for your purpose. So have a deep look at the benefits below and choose the best for you. Now let us have a detailed look at each Framework.
Scrapy is a collaborative framework and is also an open-source framework. It is also an easy, effective, and reliable way to extract data from the web. The Framework is based on python. It provides a complete set of completely asynchronous libraries to accept requests quickly and process them into data.
Since all of these steps have to happen quickly, the asynchronous libraries provided will help in that.
There are a lot of benefits when you use scrapy.
- It is super fast
- Does not use much memory
- The algorithm of scrapy is efficient.
- A developer or an organization can customize the same word easily by adding a pipeline or middleware.
- The Framework of scrapy is similar in many ways to the Djano framework.
You can learn this Framework from many legitimate websites online.
MechanicalSoup is a framework that is used to simulate human behavior on websites. It is based on an already existing library called Beautifulsoup.
The benefits of using MechanicalSoup are,
- It has a neat library with very little coding.
- The Framework works super fast when it comes to simple pages.
- It can stimulate human behavior.
- It supports CSS and XPath selectors.
This Framework can be used when you wait for an event to happen or while opening a popup. The uses of this Framework cannot be limited to data scraping.
Jaunt is an important framework that specializes in automated scraping and obtaining JSON based data. Obtaining data in the form of JSON is very convenient and common now. It helps in tracking every HTTP request and ensures that all responses are being executed.
The uses of Jaunt are,
- Jaunt is an organized framework.
- It can cater to all of your web scraping needs.
- Provides JSON based querying of data
- You can control both HTTP requests and responses.
- It is easily interfaceable with the REST APIs.
- Support both HTTP and HTTPS proxy
- It can create web bots to scrape through the web pages and extract data.
- It can search and manipulate the data object model.
- You can write test cases to accelerate its scraping ability.
Storm Crawler is a fully packed Java-based web framework. This Framework is used to build a climbable and optimized crawling solution in Java. This Framework for crawling is used when URLs are sent directly to the stream.
Benefits of Storm Crawler are,
- Highly reliable and used for repetitive calls
- The Framework is strong in nature.
- The management of the thread in this Framework is extremely well to reduce the tension while crawling.
- The library provided can be added or extended to the other libraries.
- The crawling algorithms provided with a strong crawler are more efficient compared to other crawling algorithms.
Narconex is an HTTP collector framework. This Framework is mainly used to build an enterprise crawler. The Framework will be available as a binary compiled together, and you can use it on almost all platforms.
This is an open-source crawler that is fast and flexible.
Perks of Narconex,
- In a normal server, this Framework can crawl into a million pages if needed.
- It can reach the unreached. Narconex crawls into documents like PDF, Word, and HTML format documents.
- It extracts information directly from the documents and processes it.
- Language detection is available.
- You can determine how fast this Framework can crawl.
- Since it is rapid, you make it run repeatedly over the same pages to look for any updated information.
This Framework goes well with Java and also other commands.
If a developer has a good knowledge of any programming language, it will be easy to use these frameworks. There is no comparison between the best and the worst here. If it works well for your business, then you can go for it. Since all of these frameworks are for free, you can try whichever you feel suitable for your website. Open-source frameworks are also free to use. You can also try one of them.
Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.
Chandigarh could become the next big startup hub, says Saumil Kohli
With the fast-paced growth of Indian startups, we can now see several metro cities are flourishing. Many of these startups are on the stage of building, whereas the others have already been established.
Several years from now, we can see that India will be grown into a full-fledged startup hub welcoming all sorts of entrepreneurship skills. This wasn’t the concern a few decades back. People were still skeptical than to start their businesses, probably something different than the conventional ones. Later, the people started to take up startups seriously, looking at their benefits, and it became popular.
Metro cities in India like Delhi, Mumbai, Chandigarh, Bangalore, etc., are home grounds for the startups. These cities contribute at least 70% of the total startups in India. Due to the location of several prominent education institutions in these cities, more youth live here, which in turn contributes to such a large number of startups being here.
The emergence of startups in Chandigarh.
The emergence of eight startups in 2018 has proven that the Indian ecosystem is gaining momentum. With so many government efforts pushing young talent to do business, the nation has seen many unexpected things happen to solve real problems over the years.
With Bengaluru rushing to become the country’s first country, regions such as Delhi-NCR, Mumbai, and Gujarat are set to take over. Contrary to popular belief in Punjab, known as a business community, it lacks space. The state has registered more than 140 startups with the Department of Policy and Industry (DIPP) since August 2018. The number is increasing every day.
Being the center of the Punjab and Haryana, Chandigarh, in particular, enjoys some attention from small business owners who want to enter the world of origin. The recently launched 2018 Launch by DIPP, the city was ranked among the startups. However, the potential for regional growth is acknowledged.
Saumil Kohli, an IT professional from Chandigarh, says, “Not only the government of states like Delhi, Bengaluru, and such metro cities have taken steps in ensuring the proper implementation of startup plans in the states, but the Punjab government has also ensured the budding entrepreneurs for startups.” Recently the Punjab government has announced the construction of 10 startup incubators in the state and promised to fund 1000 startups in the coming times.
“Chandigarh is still the favorite choice of entrepreneurs for establishing a startup, Mohali is also gaining popularity. It has been declared as the IT hub, and in the coming years, we can see Mohali competing with Bengaluru in terms of IT firms. WizIQ, Edurev to Jumbo Basket and Pumpkart, Mohali has already started to build some amazing startups and several coworking spaces have also come up in the city”, Saumil adds further.
The emergence of startups in Chandigarh.
The Tricity – Mohali and Panchkula, Chandigarh is emerging as the center of the IT sector in modern India. This popular ‘Tricity’ is home to many international products that thrive in modern-day India.
Saumil Kohli, an IT professional from Chandigarh, says, “As software and IT service companies are already gaining the public’s attention, young entrepreneurs/women are expected to enter the industry, determined to establish a strong first base in Chandigarh.”
Startups and Chandigarh can be talked about simultaneously due to the long-term regional encounter with the businessman. For example, Flipkart’s Binny Bansal’s belonged to Chandigarh, which influenced and encouraged several other young entrepreneurs to pursue their dream business.
“Chandigarh shares its boundaries to Punjab, Haryana, and Himachal Pradesh, attracting many investors from these states. The availability of a growing number of enthusiastic and talented people is also willing to try new opportunities and roles, serving as one of the biggest benefits the city sees.”, says Saumil.
Chandigarh’s education industry has undergone a major transformation, which has proven successful and successful adoption at the regional level. Success speaks for the city leading to new education investment investors invading the region by starting an education business.
Therefore, Chandigarh has great potential to become the country’s next startup hub. The road is probably not so simple that it comes with several challenges that need to be addressed before it can be achieved as a product.
Saira Munsif Masters in chemistry and education from hazara University. I’m a professional articles and blogs writer, have written dozens of content on different topics and worked with professionals all over the glob. Feel free to contact me for any assistance. [email protected]
7 eCommerce Operations Strategies to Ace the Omni channel Experience
The eCommerce business is trending worldwide. Wonder why else the world’s richest person would be from the e-commerce industry? Most people prefer shopping online from websites like Amazon, eBay, Ali Express, and so. People who were traditionally confined to shopping from the regular market are switching to the online shopping mode.
According to Brainvire, a leading eCommerce development company the reasons for the preference for eCommerce are obvious. Firstly, customers get better deals by shopping online than from the local market. Secondly, they can browse all the products from the category before finalizing the purchase. Also, shopping online has a range of benefits that someone does not get from the local market. One of them is doorstep delivery; this was the biggest reason why most people switched to the online shopping mode during the COVID-19 lockdown period.
For this reason, most businesses also sought the importance of going digital and increasing their digital presence. This way, they offered sales online as well as from their store outlets. Moreover, the digital presence also helps these firms in marketing themselves online.
Thus, the omni channel eCommerce business model is the most beneficial, which has been accepted in 2020.
7 eCommerce Operations Strategies:
Here are seven eCommerce operation strategies that will help you get the most out of your omnichannel business model.
- Aim big yet go local
Most brands aim to go global and set a strong foothold in the international market. Hence, some of them also go for different websites for the country and global levels. However, some firms, in their pursuit of making their brands a global leader, often tend to forget the country’s local needs and needs.
Things like a local website with the local language can be the best way to meet the local as well as global pursuits of your business.
- Make your brand unique
Not all businesses are lucky to have a monopoly in the market, and most companies have to go through tough competitions. A firm needs to have a good brand voice.
You can make a brand voice by checking and improving the current content on your website, social media pages, blogs, and so on.
Another essential factor to consider is to change along with the time. As you have upgraded yourself from a physical store to an omnichannel, it is important to upgrade with the passing time.
- Optimize your website for mobile
The online business is mostly dominated by smartphones. Most people who shop online do so using their smartphones. Therefore, smartphone eCommerce outweighs that of laptops and desktops. Customers get discouraged due to the slow loading time of a website.
Making the website as responsive and mobile-optimized as possible will be the key to a better e-commerce experience for your customers.
- Use digital marketing options well
Customers won’t stumble across your website unless you are a well-known brand. There are ways to increase the traffic to your website, either organically or inorganically. SEO, i.e., intensive use of blogs and paid search engine results, are the two main options for you.
You can also put videos and intriguing articles on your social media sites. Using digital marketing options will help you increase brand value and revenue.
- Make use of user-generated content
Apart from making use of the digital marketing options, optimizing other modes like user-generated content, i.e., feeds by the users with elaborate stories of satisfaction with a brand and its products, can help you get better customer engagement.
Many brands have used platforms like Instagram to the fullest of their benefits with the help of user-generated content.
- Using discounts and coupons well
Customers are always in the pursuit of better deals. Using discounts, coupons, and promotional offers are the best way either to attract them or to keep them attracted to the brand. Therefore, using promotional offers helps increase revenue or retains customers.
You can have good promotional offers for new customers and separate discount offers for loyal customers and increase brand value and revenue.
- State clear buying guides
Buying guides for the season help customers in two ways; firstly, they help the customers know what the things they need to purchase and make the purchase convenient for them are.
It is worth noting that the buying guide does not promote sales but is insightful for the reader to purchase their required product in the right quantity. It also enlists the differences between two or more products from the same category. Therefore, it helps a customer make a sound buying decision.
Due to the multifaceted nature of omni channel, you have adopted a future-proof business model. You can get better sales both online as well as in the traditional method. With the help of these omni channel strategies, you can give your business the right push it needs.
Khalil ur Rehman is a proud born and raised in Abbottabad. Khalil has worked as a journalist for nearly a decade having contributed to several large publications including the Yahoo News and The Verge. As a journalist for The Hear Up, Khalil covers climate and science news. [email protected]
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