Business Intellegence with the help of Social Media

A Start up Wisewindow from California has implemented a unique idea of developing business intelligence with the help of data which people are sharing at social networking sites such as facebook,tweeter or linkedin ext.

WiseWindow captures millions of Web conversations daily and distills them into a real-time view of consumer sentiments across many industries—so that you can see the bends before you come to them.It includes industries such as Airline, Automotive, Consumer Electronics ,Movies , Music and many more.


With the help of this tool , you can get real update of what people in the social circuit talking about brands in the above sectors. Sometime with the help of twitter data,you will get rough idea about which script to buy and which should you avoid. So what you are waiting for .Give wisewindow a try!  

How to prepare balance sheet ?

What is Balance Sheet ?

The purpose of the balance sheet is to report the financial position of an accounting entity at a particular point in time.


Helpful links :

Preparing your balance sheet

Tool :

Automated tool for preparing your balance sheet

Presentation

Tutorial about preparing Balance sheet 

Related Video:

How to start a business without money in india?

Most of the businesses from small to large have been started with little or no money, so you are not exception. Before starting any business, you should know - who's your customer?, what they need? ,How do you differ from your competitors, how much business you can get from these customers? If you have answers of all the above questions you can start business without money.

Here are few tips that will help you out :

1.Lend Money : Lend money from your relatives, friends or near one's. 

2.Rent a place : If it is not extremely necessary don't buy office , rent it and if you can get office for free such as your friends place, your home garage etc. its an added advantage.

2.Search for partners : This is one of the best option. Search a person as your partner who has money to invest and has same interest. He can be your friend , family member or person whom you know.

3.Share based staff : There is no harm in start ups to employ people with share in profit. It will save you lot of money and you will get support at no cost.

4.Keep focused : If your business do not generate profit initially ( most businesses don't ) keep your focus on improving your business and  find out if there's anything wrong?

5.Do Part time Job : People usually face difficulty (initially) to get running capital. So, if you get part time job: do it.

6.Negotiate everything : Always remember ! Every thing is negotiable, so negotiate with investment banks,customers and whomsoever involved with your business.

Related : 

Business Project Ideas