Likhwa Tech

  Advisory Shares: A Guide for Startups and Advisors In the fast-paced world of startups, securing the right advisors can be a game-changer. These experienced individuals offer invaluable guidance, connections, and industry knowledge that can propel a young company forward. But with limited cash flow, attracting top advisors can be challenging. Enter advisory shares, a form of equity compensation that provides a mutually beneficial solution. What Are Advisory Shares? Advisory shares are a type of equity compensation offered by startups to their advisors in lieu of, or alongside, a traditional cash fee. These shares represent ownership in the company, granting the advisor a stake in its future success. There are two main types of advisory shares: Stock Options: These give the advisor the right to buy a specific number of shares at a predetermined price within a set timeframe. This allows the advisor to benefit from potential share price appreciation if the company performs well. Restric

  Business Days Explained: A Guide to Weekday Operations What are Business Days? In the business world, deadlines and delivery schedules often hinge on a specific timeframe: business days. Simply put, business days are weekdays (Monday through Friday) during which regular business operations occur. Here's a breakdown of what constitutes a business day: Weekdays:  The core of a business week, weekdays are when most companies function at full capacity. Weekend Exclusion:  Saturdays and Sundays are generally not considered business days. Business activities may be limited or non-existent on these days. Holiday Exceptions:  National holidays observed by a country or region are excluded from business days. Company-specific holidays may also apply. In essence, business days represent the standard workweek when businesses are open and conducting essential operations. How Long is a Business Day? The duration of a business day can vary slightly depending on several factors: Industry Standar

Price Elasticity of Demand: The Ultimate Pricing Guide Understanding how consumers react to price changes is crucial for any business. This concept, known as  price elasticity of demand , measures the sensitivity of the quantity demanded for a good or service in response to a change in its price. This article delves deep into the world of price elasticity, equipping you with the knowledge to make informed pricing decisions, analyze market trends, and ultimately maximize your business success. What is Price Elasticity of Demand? Imagine you run a coffee shop. If you raise the price of your lattes by a dollar, how many fewer lattes do you expect people to buy? Price elasticity of demand tells you exactly that. It's a numerical value that indicates the  proportionate change in the quantity demanded  (percentage change) divided by the  percentage change in price . Here's the formula to calculate the price elasticity of demand: Price Elasticity of Demand (PED) = (% Change in Quantit