It is advisable for any entrepreneur, that before you venture into a business, you should test the waters first. The key to this advice is blue ocean thinking. You don’t want to fight large corporations when you are executing a business idea. Instead you want to find something that is very innovative and profitable and serves a customer problem that others have not thought of yet. And here’s where the Porter’s Five Forces Model and Analysis comes into play. The Porter’s Five Forces Model is basically a market research tool. It is an analytical took wherein you consider five forces to find whether the market that you are about to enter into, is profitable and non-competitive or not. The Five Forces of the Porter’s Five Forces Analysis The five forces that you must watch out for, are – The rivals in the industry, The threat of entry of new players in the market, The bargaining power of suppliers, The bargaining power of buyers, and The threat of substitutes. In this
Article by Shreyas Nair from WinSavvy's legal research team. Here's his LinkedIn bio for more information on him. This article provides in-depth information on - What is a SubLease How a Sub-Lease Works Legalities Surrounding Subleases Types of Subleases, and How to Draft a Sub-Lease Agreement A sublease occurs when an existing tenant re-rents property to a new third party for a portion of the tenant's current lease contract. Subleasing may or may not be allowed under the terms of the original lease, and it may be subject to extra limitations imposed by the jurisdiction. Even if a sublease is permissible, the original tenant is still responsible for the lease agreement's responsibilities, such as monthly rent payment. What Is a Sublease? - An Overview A sublease is a legal contract between a tenant and a subtenant to rent a residential or business space for a set length of time. In a sublet, the property owner rents to a tenant who wishes to leave without vio