Business Kit | Weekly Newsletter - 1 June 2025

Business Kit Weekly: Advancements In Growth AI, E-commerce Milestones & The Maginot Line Of Data Superiority Profitable opportunities & inspiring success stories, tools of the week for your business. In this week's Business Kit newsletter, check out Skyreels AI video creation, Alaan expense management, the success story of Vive Narayan’s Korum Club, business opportunities using public data, and the CartFlows plugin for WordPress.

June 01, 2025

We are back with Business Kit Weekly that brings you tools, strategies, and stories that impact change in the business world. This week we cover the innovations in AI with revolutionized video creation for Skyreels, how Alaan is changing expense management for modern businesses, and Vive Narayan’s Korum Club success story.

We will also show you an often overlooked goldmine hiding in plain sight – free public data businesses – and how CartFlows can boost your WordPress e-commerce conversions. It does not matter if you are scaling your startup or optimizing operations, the insights in this edition are sure to put you on the path to becoming a successful entrepreneur.

Prepare to unlock this week's business

AI Tool of the Week: Skyreels

Welcome to another section of our AI tool of the week! This week, we’re featuring Skyreels an AI powered professional short video and reel creator. This tool is perfect for social media marketers, content developers, and small companies eager to enhance their video content.

By using AI, Skyreels automates the generation of scripts, visual effect application, and editing. Its no-code interface allows all users, regardless of skill level, to take advantage of its features. Customizable templates and social media integration are just a few of its standout features. Users have claimed it saves them a significant amount of time.

There is a free trial available along with flexible rates starting at 19.99/month. Those looking to save time when creating videos would benefit from Skyreels' AI Automation.

To learn more and sign up, visit skyreels.ai

Tool of the Week: Alaan

This week, we're highlighting Alaan, a premier platform revolutionising expense management for businesses in the Middle East. Launched in 2020, Alaan serves thousands of companies by offering a comprehensive solution for spend management, corporate cards, and accounting automation.

A key differentiator for Alaan is its AI integration, automating expense reviews and saving significant time, with users reporting up to 50% efficiency gains. It provides real-time expense tracking and seamlessly integrates with ERPs like Xero and Quickbooks.

Alaan is particularly valuable for CFOs, Accountants, and CEOs seeking better control and compliance. Pricing starts at £19 per user/month. Explore Alaan today to enhance your financial operations!

Success Story of the Week: Vive Narayan and Korum Club

Our Success Story of the Week features Vive Narayan, founder of Korum Club, India’s most exclusive private members-only club. After 18 years in banking and investment, Vive identified a market gap for a global-style members club in India.

Launched in 2018, Korum combines hospitality and community. The business model, featuring upfront and annual membership fees, ensures consistent revenue.

Korum Club is profitable and cash flow positive, with a Gross Margin of 35%. Vive's future vision extends beyond clubs to build a lifestyle hospitality brand, including event venues and potentially hotels.

It's a successful blend of hospitality, community, and strong business strategy.

Business Idea of the Week: Free Public Data Business

Imagine building a profitable business with low startup costs, potentially under $5,000! The Free Public Data Business model involves scraping and aggregating free public data, such as crime statistics or school rankings, and presenting it accessibly.

Instead of creating products, you add value by organizing existing information. Revenue streams include subscriptions, affiliates, or ads. Successful examples like Foreclosures.com demonstrate million-dollar monthly earnings.

To start, identify data sources, use tools like Octoparse or Rep.com for scraping and organizing, and build a website. This scalable model uses AI tools for efficiency, offering passive income potential. Average monthly revenue can be around $500,000.

WordPress Plugin of the Week: CartFlows - Skyrocket Your Sales!

Do you wish to increase sales and conversions on your WooCommerce store? CartFlows, a powerful WooCommerce Sales Funnel Builder, is this week’s featured plugin. CartFlows empowers eCommerce store owners, digital marketers, and course creators by enabling them to directly design high-converting sales funnels on their WordPress websites.

CartFlows comes with a drag-and-drop builder, pre-made templates, and an intuitive interface. Its functionalities include one-click upsell/downsells implementation, customizing checkout fields, and order bumps. it works easily with various applications such as WooCommerce, Elementor, and Divi. Although enhanced functionalities are gated behind a paid plan starting at $239 per year, they do offer a free plan. For enhancing Average Order Value (AOV) CartFlows is an excellent solution.