As business owners, we have various options for getting financial assistance to make sure we have sufficient working capital. To meet the expenses of the day-to-day operations of our business, we require working capital. To meet these business requirements, we should choose the best kind of loan based on the nature of our business. Cash …
Read MoreTraditional sources of financing are not included in the more conventional alternative sources of finance provided by financial institutions, lending partners, and other alternative funding organizations. They include crowdsourcing, private loans, angel investments, and venture capitalists. Lenders typically view small business loans as high-risk ventures, so small enterprise owners frequently need to look into an …
Read MoreAre you a retail business owner? Or someone who’s planning to do so? If yes, this article is for you! Operating retail businesses can be a challenge, albeit with plenty of growth and scope for success. As a retail business, you might need funding for a variety of purposes. From purchasing inventory to marketing and …
Read MoreWith the rise of Finance and Technology combining to create disruptions in the economy, the need to create digital awareness has also increased. That is when S.P.Jain Institute of Management Studies organized an event for various topics covering Fintech requirements and business skills necessary to build a successful digital enterprise in India. Abhishek Kothari, co-founder …
Read MoreRati had a thriving business selling her homemade spices and foodstuffs. She had just received a huge order from a reputed caterer and needed supplies. There were more orders flowing in from a local store that wanted to stock her goods. Her existing sales revenue was not enough to buy even half the raw materials …
Read MoreIndia has been an economy that extensively revolved around hard cash for any business exchange. 85% of our labour force received wages in cash. Wondering why? Well, the absence of bank accounts for more than half of our population could be the rationale. More than 95% of our recorded trade transactions have been dealt with …
Read MoreDisruption in Financial Services: Nandan Nilekani at TiE LeapFrog What an amazing note by Mr. Nilekani. We summarise what will drive disruption: A. E-Commerce and Mobile – An extremely potent combination for India with high adaption of E-commerce and Low cost smartphone availability B. Move to Cashless Economy – Today only 5% of personal consumption is cashless but massive …
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