Inflation in simple terms can be explained as a general increase in the price of commodities like grains, fuels, consumables etc. It also signifies erosion in the purchasing power of money. For example, one year back the cost of diesel was Rs. 50 per litre and...
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Credit score is extremely important for the owners of SMEs and proprietors looking for finance in the form of small business loans. It is an objective score that defines your financial ability to repay debt based on your past transactions and payment history. The absence...
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Inventory, whether that of raw material or finished products is an integral part of a successful business and its operations. Raw material stock ensures that the production goes unhindered and finished product is available to meet demand and requirement of the customers. However, maintenance and...
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Debt is always seen as a trap which looks like a good prospect with only one way in and no way out. But this is a very traditional thinking which does not hold any weight in present times. The truth is that a well timed...
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GST has united India under a single tax rate but also created a set of questions which plague one and all. Here is a lowdown on the 5 most important questions related to GST and how it is impacting our daily life. What is the...
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Diwali is just about two months away and every business is raking up its operations to meet the high demand around this time of the year. Though good sales volume is guaranteed due to the nature of this festival, is your business really “Diwali-ready”? Do...
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GST is Goods and Service Tax which has been applicable since the 1st of July 2017. It is a single tax being levied on all goods right from the manufacturer to the cons umer. This single indirect tax is being used for the whole country...
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Women entrepreneurship is an important source of economic growth for any country. Currently, India ranks low among countries with women entrepreneurs as it is ranked 49th among 54 economies globally. It also has comparatively low numbers in Women Business Ownership percentages. From heading management to...
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We would like to shed some light on how SME business owners can optimize their practices to create more income and to discover and minimizing the ways they are unintentionally throwing portions of their money away. We highlight a list of 5 mistakes which a...
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Invoice discounting is a form of short term borrowing which is extended by the bank or a lender to its customers based on unpaid invoices. It is often carried out to meet short-term liquidity needs of the company. The whole period could go on for as...
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