Hello readers. Hope you are doing well!
Today we are going to discuss about business strategies. Yes Business strategies for an It development company.
As we all know every day new companies are establishing in IT sectors and at the same time lot of companies has been shutting down due to lack of business. So, what are the reasons behind them! Where they are lacking! Here the work comes into picture is Business strategy.
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For growing or established company they need a perfect business strategy for staying in the market and especially for the survival of the company. We all know In India all the It company depends upon the outsourcing. 80% of the projects are coming as outsourcing from US and other countries.
The well established companies which are opening their development centre in India, they already have the customers in their end and that’s the reason they are opening development centre in India as they will get a good resources at much more lower prices.
However, company which has just established in India and doesn’t have any offices in US or in other countries for them getting business is one of major concerns. There are lot of companies which has been getting closed every day and the reason is simple, they are not getting enough business even for survival of them.
For any companies which is just established, perfect business strategies are much more important. What are the needed business strategies! How to apply them! There should be a road map of business strategies for any company and especially for an It company because they are depends upon outsourcing.
Competitions are at pick level in India as everyday lot of new companies are coming in the market. Price variation, number of freelancers are also increasing in the market. So, in between all of these situation company needs a business strategies upon which they can able to rely and able to achieve predicted growth.
What are the required business strategies for the company? How to decide good accurate strategies for newly It companies? You can contact me for consulting as my contact details are always attached with this post.
This article has been written by Dhaval Modha. Dhaval is an experienced business developer at India. He recently started to write articles based on Business Development as per his thoughts and experience. We encourage him to his writings and also request our readers to cheer him via comments. You can contact him here on Linked In and Email him.