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Jack in the Box is an American fast-food restaurant chain founded February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered.The chain has over 2,200 locations, primarily serving the West Coast of the United States.Restaurants are also found in selected large urban areas outside the West Coast, including Phoenix, Denver, Albuquerque, El Paso, Dallas-Fort Worth. Business-in-a-Box Opportunities Business in a box business opportunities include everything you need to launch a successful business. Get up & running quickly with one of these proven businesses. A MEDAlert™ business is a valuable & in-demand service that can be easily started in your area.
A business idea is a starting point for any current or future entrepreneurs. It is essential because it is the beginning of a new life – the life of a business and the life of an entrepreneur.
But, an idea is important only in the initial stage of a startup. The results from good business ideas will feel in all phases of the development of a company, but also a large part will depend on other entrepreneurial activities.
An average person always has many ideas. It is the very nature of us as humans to dream about a better life, about a better environment, about a better world. However, ideas, in many cases, will come and go from our brain. If you want to remember and make something about your specific business idea, you can simply use the business ideas book. I have also developed the business ideas book template that you can download for free.
Well, we have an idea, and now the most important question is: what's next? In this post, I can't cover all entrepreneurial tasks that will need to be accomplished, but I will try to summarise simply what you as an entrepreneur will need to take when you come with a good idea.
1. Define Your Products and Services
Every business will rely on something that will sell to customers. That something can be a product or service. Until now, you have an idea that covers some product or service for your future or current company. The next thing that you must do is to clearly and accurately define those products or services as a result of the initial idea. You will need to answer the following questions:
- What product or service you will offer?
- What are the features of these products or services?
- What are the benefits that your products or service will bring to your potential customers?
- What types of additional services will be offered by that product or service?
2. Define the Market for Your Business Idea
You already have an idea, and you already have defined the products or services that you will offer on the market. The next thing that you must do is clearly, precisely, and unambiguously define the market that you will serve with these products or services. Here are some questions that you as an entrepreneur will need to answer:
- On which market you will offer these products and services (city, region, country, continent…)?
- Who will be the customer of these products or services?
- What are the features of those customers who will consume your products or services (sex, age, income, ethnicity, etc.)?
3. Define Main Competitors
Next, the important things about the products, services, and market when you want to define your next steps about your initial business idea are competitors.
Follow these steps on how to conquer the fears of starting a new business.Don't make a mistake to underestimate your competitors, because the success of your business in large part will depend on your own, but also on their performance. It is necessary to precisely define the main competitors who are already on the market that you defined earlier. Here are some questions that you, as an entrepreneur, will need to answer:
- What are the five most significant market players in the industry in which you categorize your business idea?
- What, where, and how that five major market players offer their products and services?
- What are the main features of their products or services?
- What are the benefits that they provide to the market with their products or services?
- What is the resistance of the market related to the entry of new competitors and how difficult it can be accomplished?
4. Define Resources Required by Your Business Idea
But, an idea is important only in the initial stage of a startup. The results from good business ideas will feel in all phases of the development of a company, but also a large part will depend on other entrepreneurial activities.
An average person always has many ideas. It is the very nature of us as humans to dream about a better life, about a better environment, about a better world. However, ideas, in many cases, will come and go from our brain. If you want to remember and make something about your specific business idea, you can simply use the business ideas book. I have also developed the business ideas book template that you can download for free.
Well, we have an idea, and now the most important question is: what's next? In this post, I can't cover all entrepreneurial tasks that will need to be accomplished, but I will try to summarise simply what you as an entrepreneur will need to take when you come with a good idea.
1. Define Your Products and Services
Every business will rely on something that will sell to customers. That something can be a product or service. Until now, you have an idea that covers some product or service for your future or current company. The next thing that you must do is to clearly and accurately define those products or services as a result of the initial idea. You will need to answer the following questions:
- What product or service you will offer?
- What are the features of these products or services?
- What are the benefits that your products or service will bring to your potential customers?
- What types of additional services will be offered by that product or service?
2. Define the Market for Your Business Idea
You already have an idea, and you already have defined the products or services that you will offer on the market. The next thing that you must do is clearly, precisely, and unambiguously define the market that you will serve with these products or services. Here are some questions that you as an entrepreneur will need to answer:
- On which market you will offer these products and services (city, region, country, continent…)?
- Who will be the customer of these products or services?
- What are the features of those customers who will consume your products or services (sex, age, income, ethnicity, etc.)?
3. Define Main Competitors
Next, the important things about the products, services, and market when you want to define your next steps about your initial business idea are competitors.
Follow these steps on how to conquer the fears of starting a new business.Don't make a mistake to underestimate your competitors, because the success of your business in large part will depend on your own, but also on their performance. It is necessary to precisely define the main competitors who are already on the market that you defined earlier. Here are some questions that you, as an entrepreneur, will need to answer:
- What are the five most significant market players in the industry in which you categorize your business idea?
- What, where, and how that five major market players offer their products and services?
- What are the main features of their products or services?
- What are the benefits that they provide to the market with their products or services?
- What is the resistance of the market related to the entry of new competitors and how difficult it can be accomplished?
4. Define Resources Required by Your Business Idea
You already have an idea, have defined your products and services, have defined the market where you will offer those products and services, and have defined the main competitors and what they are currently doing. Now, it is time to define the necessary resources you will need if you want your idea to become a reality. You will need to define a minimum the following:
- How many human resources you will need?
- What kind of intellectual capital will you need for your business?
- How much financial resources you will need?
- Where will you find that financial resources?
- What material resources you will need?
- Where will you find that material resources?
- What information resources you will need?
- What will be the sources of that information resources?
And What's Next for Your Business Idea?
There will always be something next because you are an entrepreneur who starts a business or works on the expansion of your current business. Once you define these elements, start again from scratch and adjust the product or service and market. This is because, by definition and understanding of competitors and all resources that you will need, you will have additional facts, which must be included in your offers to the market.
Business In A Box Wikipedia Template
For example, after defining the competitors, you will find something about what they are doing to sell their products or services to the market. You can simply copy their experience and improve it to gain a competitive advantage. So, you have to redefine the first two elements.
Also, with all of this information, you will need to develop your business model and start implementing and testing it outside, on the market with your customers.
In the end, the most frequently entrepreneurial activity is to take action.
Type of business | Public |
---|---|
Content management and file sharing | |
Traded as | NYSE: BOX |
Headquarters | Redwood City, California, U.S. |
Created by | Aaron Levie Dylan Smith |
Key people | Aaron Levie (Chairman and CEO) Stephanie Carullo (COO) Dylan Smith (CFO) Ben Kus (CTO) |
Industry | Cloud storage, File hosting |
Revenue | $696 Million(2019)[1] |
Employees | 1850 (as of 2017)[2] |
URL | www.box.com |
Launched | 2005; 16 years ago[3][4] (as Box.net) Mercer Island, Washington, U.S. |
Box, Inc. (formerly Box.net), is an American internet company based in Redwood City, California. The company focuses on cloud content management and file sharing service for businesses. Official clients and apps are available for Windows, macOS, and several mobile platforms. Box was founded in 2005.
History[edit]
Box was originally developed as a college project of Aaron Levie while he was a student of the University of Southern California in 2004. Levie left school to run the company full-time in 2005.[5] Levie became CEO, while his childhood friend Dylan Smith became CFO.
In October 2009, Box made its first acquisition, buying Increo Solutions for its document collaboration and preview technology.[6]
In July 2012, Box secured $125 million in a funding round led by growth equity firm General Atlantic, joined by investors Bessemer Venture Partners, DFJ Growth, New Enterprise Associates, Sapphire Ventures (formerly SAP Ventures), Scale Venture Partners, and Social + Capital Partnership.[7][8]
In December 2013, eight investors participated in a $100 million series F funding round. Investors included Coatue Management, DFJ Growth, Itochu Technology Ventures, Macnica Networks Corp., Mitsui & Co, Telefónica Digital, Telstra, and Telstra Ventures.[9]
In July 2014, Box received $150 million from Coatue Management and TPG Capital in a series G funding round.[10]
In November 2014, Box acquired two-man medical-imaging software startup MedXT for $3.84 million.[11]
On January 23, 2015 Box held its initial public offering on the NYSE. The IPO price was $14.00. It opened at $20.20 and closed at $23.23. The IPO raised $175 million and established a market capitalization of about $1.6 billion.[12]
In February 2015, Box acquired the company Airpost. Airpost is a cloud management service.[13]
In January 2016, some Box employees moved into their new headquarters in downtown Redwood City, California.[14]
In July 2018, Box acquired Butter.ai, an enterprise search company founded by Jack Hirsch and Adam Walz.[15]
Business model[edit]
Box is a cloud computing business which provides file sharing, collaborating, and other tools for working with files that are uploaded to its servers. Users can determine how their content can be shared with other users.[16] Users may invite others to view and/or edit an account's shared files, upload documents and photos to a shared files folder (and thus share those documents outside Box), and give other users rights to view shared files.[17]
Box offers three account types: Enterprise, Business and Personal.[18] There are official clients offered for Windows and macOS, but not for Linux. A mobile version of the service is available for Android, BlackBerry 10, iOS, WebOS, and Windows Phone devices.[19]
Box's enterprise clients include IBM,[20]GE,[21]Schneider Electric,[22] and Procter & Gamble.[23]
In December 2007 the company announced OpenBox 2, which allows developers to create services that interact with files on both Box.com and competing web-based applications and services. The application programming interface is implemented over conventional XML.[24]
Events[edit]
Business In A Box Wikipedia Encyclopedia
BoxWorks[edit]
BoxWorks is an annual conference hosted by Box featuring presentations, feature announcements and working sessions to assist users.[25]
See also[edit]
References[edit]
Business In A Box Wikipedia Free
- ^https://www.boxinvestorrelations.com/news-and-media/news/press-release-details/2020/Box-Reports-Revenue-of-696-Million-for-Fiscal-Year-2020-Up-14-Percent-Year-Over-Year-and-Delivers-First-Full-Year-of-Non-GAAP-Profitability/default.aspx
- ^Freytas-tamura, Kimiko De (March 31, 2013). 'Box, a Data Storage Company, Prepares to Expand in Europe' – via NYTimes.com.
- ^Rachel King (March 6, 2014). 'How Aaron Levie and his childhood friends built Box into a $2 billion business,Box V4, without stabbing each other in the back'. TechRepublic. Retrieved December 1, 2016.
Development for Box, then Box.net, started at the end of 2004, but really got off the ground and went online in 2005 during their second years of college.
- ^Aaron Levie (September 14, 2011). 'Commentary: Why we had to leave Seattle to build Box.net'. GeekWire. Retrieved December 1, 2016.
Box – which now competes with Redmond's very own Microsoft SharePoint – had been started in early '05 from college dorm rooms in California and North Carolina.
- ^Mazarakis, Anna; Shontell, Alyson. ''I was having nightmares for a few weeks': Box CEO Aaron Levie reveals how hard it was to build a $2.5 billion business and take it public by age 29'. Business Insider. Retrieved September 21, 2017.
- ^Arrington, Michael. 'Box.net Acquires Increo Solutions To Expand Document Collaboration And Sharing'. TechCrunch. Retrieved October 2, 2016.
- ^Ha, Anthony. 'Box Raises $125M To Target Global Growth And Large Enterprises, Round Led By General Atlantic'. TechCrunch. Retrieved December 16, 2015.
- ^'Box Announces $125 Million Investment to Fuel Enterprise Growth'. General Atlantic website. Archived from the original on September 2, 2017. Retrieved December 16, 2015.
- ^Darrow, Barb. 'Yowza: Box touts $100M investment to fund global land grab'. Gigaom. Retrieved December 16, 2015.
- ^Wilhelm, Alex. 'Box Picks Up $150M More As It Waits For Favorable IPO Winds'. TechCrunch. Retrieved December 16, 2015.
- ^By Jordan Novet, VentureBeat. 'Box paid out $3.8M in stock to buy MedXT.' November 17, 2014. November 17, 2014.
- ^Matt Egan, CNN Money. 'Box jumps 66% in first big IPO of 2015.'
- ^'Box Acquires Cloud Management Startup Airpost – TechCrunch'. techcrunch.com. Retrieved April 19, 2018.
- ^'Redwood City Welcomes First Wave of Box Employees – RealSmart Group'. realsmartgroup.com. Archived from the original on May 18, 2017. Retrieved March 28, 2017.
- ^'Box acquires Butter.ai to make search smarter'. TechCrunch. Retrieved October 30, 2020.
- ^'Box Privacy Policy'. box.com.
- ^'Privacy Policy'. Box. June 13, 2012. Retrieved June 14, 2013.
- ^'Select a Plan'. Box. Retrieved June 14, 2013.
- ^'Box Mobile Access'. Box.com. Retrieved June 27, 2013.
- ^'IBM and Box Forge Global Partnership to Transform Work in the Cloud'.
- ^Ron Miller. 'Box Scores Huge Win With GE'. TechCrunch. AOL.
- ^'Consumer Technology'. CIO.
- ^'How P&G Promotes Box File Sharing'. InformationWeek.
- ^'Box Platform Developer Documentation / Welcome to the Box Platform'. Developers.box.net. Archived from the original on June 22, 2013. Retrieved June 27, 2013.
- ^'What to expect from BoxWorks 2017'. Cloud Pro. Retrieved June 7, 2018.