Question: What is the name of your business?
Your Answer: Our business works under the name BankSwiftIfscCode.com
Question: Who are the customers you serve? What products or services does your company provide?
Your Answer: We are a service based company, we provide service to every one in the world with a bank account. Users with bank accounts often need other bank information such as swift code, ifsc code, micr code, sort code, bsr code etc. These codes are required to do a online transaction. So, users need to validate accurate codes for their branch or their beneficiary bank account details.With our online searchable database of over 140K records, users can easily locate any bank's branch information in seconds.
Question: When did you start your business? Why did you decide to start your own business?
Your Answer: This was started in 20th August 2013. I have seen an information gap in the banking sector. And there is no online tool or site available to handle the situation accurately. I thought i should start a complete online solution for this problem.
Question: Did you quit your "day job" to start your business? How did you initially fund your business?
Your Answer: No. I was funding my business with money earned from my full time job.
Question: What has been the biggest challenge in running your company?
Your Answer: Our business had a tough time to figure out the right technology partners for our online tools and database management system, security, bandwidth etc. At last we have found couple of companies for various technical needs.
Question: What’s been the biggest opportunity that came from owning your business?
Your Answer: As a service based company we had many offers for advertising on our website. Got a chance to work with leading banks and monetizing their ads to target customers and etc.
Question: What has surprised you most about being your own boss?
Your Answer: The best part is that i don't have to run for meeting and targets, we work at our comfort level. But initially the business demanded lot of hard work from almost all the departments.
Question: Is there a success tactic you’d like to share that could help other business owners (i.e. implementing new software, tactic to grow sales, etc.)?
Your Answer: I believe that small businesses need a expert level skill in at least one marketing segment, it could be SEO, PPC or something else online.
Question: What’s the best piece of advice you could give to other small business owners?
Your Answer: As a small business owner, i had gone through various skills like SEO, PPC, Accounts, Design and Development, Technical stuff, etc.