Accounting is vital for any business owner, manager, or professional. It helps you track your income, expenses, assets, liabilities, and equity. Accounting also allows you to prepare financial statements, reports, and budgets. It relies on a system of recording and classifying transactions into different types of accounts. Here, we will explain what accounts are and …
Read MoreEveryone aspires to be their boss and start a business. But, the first thing that comes to the mind of a person while starting a business is the capital requirement. An entrepreneur wishes to have a business where the profits are high, but the investment is not. Therefore, an entrepreneur struggles with various ideas to …
Read MoreIndia is home to one of the youngest populations in the world, but the rising unemployment figures are an alarming factor. The right schemes and interventions from the government can help create more jobs for people, which is why the creation of new policies is important. With an evergrowing population, India has been struggling with …
Read MoreOverview If you are a micro, small, or medium enterprise (MSME) searching for an easy and simple loan, the 59 Minutes Public Sector Bank (PSB) initiative can be of immense help to you. The Small Industrial Development Bank of India (SIDBI) created this fintech platform to enable MSMEs to apply for online loans and get …
Read MoreMicro, Small, and Medium Enterprises (MSMEs) play a crucial role in the country’s economy. The Indian government aims to empower these ventures and support their growth through various incentives such as the process of MSME registration. The process can be done online via the Udyam registration portal. While it is not mandatory for MSMEs, it …
Read MoreSince colonial times, Kolkata -The City of Joy – has flourished as an important trading and business centre. Are you planning to start a new business in Kolkata? Apart from the large-scale industries and conventional businesses, there is scope for implementing new business ideas in Kolkata Market. It is now easy to start a business …
Read MoreIntroduction A business plan is an outline that describes a firm’s plan and, in certain situations, how the owner intends to utilise loan money, investments, and cash. It implies that a firm is already making money and intends to keep doing so in the future. A great business plan is practical, short, and, most importantly, …
Read MoreMicro, Small, and Medium Enterprise loans (MSME loans) are special loans that small business owners and entrepreneurs can apply for. You can use the money for things like stocking up on supplies, upgrading to new machinery, paying employees, or even expanding your firm. Money is essential for the launch and development of MSMEs. The Indian …
Read MoreStartups, which are dominating the global economy, need a lot of capital to grow. Two of the most common ways to secure capital are through equity and debt. Though they serve the same purpose, they are inherently different. When you borrow money from a lender with a promise to repay it with interest over time, …
Read MoreIntroduction The economy is turning cashless and the dependency on plastic money has been rising drastically. Debit and Credit Cards are used by almost everyone and have become one of the most convenient modes of paying money. Credit cards, especially, offer the choice of buying now and paying later which eases your shopping and payment …
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