August 15, 2020

7 min read

Opinions expressed by Entrepreneur contributors are their own.

Finding new customers isn’t easy. So when you do find a customer, you want to make sure you’re earning as much as possible and providing the best experience for them.

One of the most effective ways to do this is to offer “upsells” and “cross-sells” — additional offers after the initial purchase.

These allow you to serve your customers at a higher level and increase revenue at the same time.

The fact is: If you don’t offer anything after the initial purchase, you may be leaving money on the table and leaving your customers with unsolved problems (that they’ll go elsewhere to get help with). Not good!

3 ways to earn more revenue after the initial sale

I’m going to highlight three different types of post-purchase offers you can make to boost your revenue with the

An company can take

action against a hospital for demanding advance from a policy holder who is supposed to get cashless service, an official of regulator IRDA said on Friday.

In a recent circular, Regulatory and Development Authority (IRDA) has put the onus of taking steps against medical establishments for deficiency in service on the insurer, the official said.

There has been a sharp spike in complaints post COVID-19 outbreak that private hospitals are demanding huge advance before admission even from patients having cashless medical insurance.

In the wake of such complaints, IRDA issued the circular on cashless service to policy holders by hospitals, the official told PTI.

“Where any network provider (hospital) denies cashless facility and deviates from agreed terms of the SLA (service level agreement), insurance company shall take an appropriate action

8 min read

Opinions expressed by Entrepreneur contributors are their own.

First and foremost, coronavirus is a . If you or someone in your family gets sick, fairly much everything else will take a back seat until you are through this part.

Health crisis or not, the other problems have piled up for many people:

  • Most everyone is struggling financially. Losing your job, your business, your retirement savings, your house, your dreams that depend on money…all disasters in their own right.
  • Maintaining social distancing and the that comes with this crisis will be challenging for most, but it will be debilitating for some, all the way to life-threatening as and grab hold.
  • Even if you can from home, can you physically do that? Do you have the right technology? Childcare? Eldercare? Environment? 

For those who know my family, you know we’ve

The Securities and Exchange Board of India (Sebi) on Friday imposed a penalty of Rs 10 lakh each on Life Insurance Corporation of India (LIC), State Bank of India (SBI) and (BoB) for failing to reduce their stake in UTI Mutual Fund (MF) below 10 per cent within the stipulated time.

The regulator passed separate orders against the three state-owned firms for non-compliance of Regulation 7B of MF Regulations. Under the said regulation, no sponsor of an MF is allowed to hold more than 10 per cent of any other mutual fund or a trustee firm.

LIC, and BoB are the sponsors of MF, MF and Baroda MF. At the same time, they hold over 18 per cent stake in both and UTI Trustee Company. According to the order, all the three