There are many aspects to consider before starting a business. But the first thing budding entrepreneurs should realise is that the most important factors are marginality and market size. These two are the foundation of the business. If the market is large and the margins are high, you will make money and not fail.

Market size

Any business is first and foremost about numbers. Your beautiful ideas are cool, of course, but you need to know how to count. You need to understand what... Read More

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If you don't know how to do that, it's a big problem. Money is wasted, there is no profit, the entrepreneur goes bankrupt. It is necessary to choose goods taking into account certain conditions. Today, together with the specialists of Oise Trade, we will discuss which goods should be traded in order to have a reliable basis and to get closer to the goal - to earn the first million. This is what every businessman wants.

Choosing a product niche

Many entrepreneurs choose niche pro... Read More

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The customer is trying to save on quality. This is bad! If the application cannot be updated, is it worth starting development? Without updates, it will quickly become outdated and uninteresting to users. But you can and should try to reduce the cost of the application.

When discussing a future project with a client, Magenta Favorita company's specialists always point out the points that can significantly reduce the total cost of the application. Let's talk about them.

1. Simpli... Read More

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Step 0: Finding trustworthy partners. You need to find a company that can help with the digitisation of your business. Most tasks require a high level of expertise, long-term partnership and responsibility. You cannot cope with such tasks by yourself, while creating new positions for relatively one-time tasks is pointless.

Step 1: Analyze the business. The first thing a competent contractor will want to know about your business is everything. Don't be intimidated, this is normal practi... Read More

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Given the potential of Digital twins to replicate the physical world in a Digital layout, as well as their ability to provide real-time outputs, while gathering constant inputs from the real-world, such products have generated significant interest within the healthcare domain

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