Imagine you are the government and want to increase production of a specific item that isn’t particularly in high demand. However, you believe that everything will be fine once it is mass-produced or sold at the appropriate price point. For instance, compared to competing nations, domestic electronics hardware manufacturing suffers from a lack of a …
Read MoreGetting a license is essential for any business, whether a large corporation or a small business. Like any other country, businesses in India must obtain various business licenses and permits and renew them from time to time as required. However, getting a license may be complicated and confusing, especially for small businesses with limited resources. …
Read MoreBusiness is an idea that germinates and grows with a regular supply of funds. You might have a great idea to launch and expand, but if you do not have sufficient capital, the business will be destined to fail. A successful business always maintains and optimises the flow of funds to stay ahead in the …
Read MoreIntroduction to business loans A business loan is a type of loan which is specifically intended for business purposes. Similar to other types of loans, this loan also involves the creation of debt, which is repaid along with interest. Several business loans include asset-based financing, microloans, business cash advances, and cash flow loans. One of …
Read MoreSmall businesses, in general, are prone to initial downfall. This isn’t always their fault, but in certain scenarios, it comes about as an inevitability. To get a business loan, especially a business loan in India, that too for a small business can be an arduous task. It is not entirely mind-boggling how that is the …
Read MoreBusinesses with seasonal revenue inflows, such as Christmas decoration shops or ski lodges or ice-cream shops, or even tax preparation offices, would only have such seasonal revenue. Consequently, they may have difficulty meeting their fixed costs during the off-season, which requires serious business and financial planning. The revenue of a seasonal business varies greatly from …
Read MoreCash flow is the circulation of capital in and out of your business. We can refer to cash flow in a common language as incoming and outgoing funds. Startups and small businesses often focus on profit and ignore Cash Flow Management, which results in closure or losses. Cash flow is the very blood in the …
Read MoreIntroduction The garment business is one of the most flourishing businesses in the world. Clothes are not just a necessity anymore. They are a status symbol. People want to wear clothes that showcase their personality. The textiles and apparel industry contributes 5% to India’s GDP. In a developing country like India, the potential of a …
Read MoreNowadays, you can get a loan for almost anything. A secured loan with a clearly defined end use, such as a home loan or a loan for new business, is available. You can also get unsecured business loans that don’t have a specific purpose. People can get educational loans for college as well as for …
Read MoreIntroduction The FSSAI is a statutory body under the Ministry of Health & Family Welfare. All the rules and regulations related to food safety and standards fall under the purview of the Food Safety and Standards Authority Act. The act was established in 2006. FSSAI is the apex body to promote and protect public health …
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