Learn Business Online Easily

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Learn English with Rebecca [engVid RebeccaESL]

All the online website needs to have have a strong and user friendly Privacy Policy. In this episode of eLagaan Whiteboard Friday, the eLagaan (elagaan.com) team explains various considerations all website owners should have while creating an ideal privacy policy for their website (blog, forum, information portal, ecommerce etc).

Privacy policy revolves around any data that you collect from your users and how do you use them or store them. Some of the things are:

1. What data you collect

2. How do you store the data

3. Security of data

4. Data retention policy

5. Data sharing policy

It is important to know that just copying a standard privacy policy off the web can get your online business in trouble. We recommend that you work with a strong partner to create the ideal & strong privacy policy for your website which will legal protect you and make your users comfortable.

The video talks about:
What is a business plan
How business plan is for the founders first before giving it out
What stage do you start to write a business plan
What is executive summary in the business plan
How big does your business plan needs to be (slides or document?)
What happens when a gatekeeper of a Venture Capitalist (VC) asks you for a business plan before you can pitch them?
Does a business plan have to be write once or a living document
It talks about few of the major components of a business plan including:
Is there a unmet need
Why is this unmet
Who has the need
What is the market
Is the market big enough
What alternative does market have
What is your unique solution
Why is it unique
How is your go to market strategy
What is your financial model
How much money do you need
What is your business model : how much will you make in each transaction, how will you reach people
Team & Timeline
We hope this video is going to help you create the right business plan based on your startup needs ! Good Luck !

By:-
Next Big What