Statistics confirm that only 5 % of the business startup in India succeeds. 90% of them fail and 50% fail within the first four years. This will certainly be a threat factor for all of the dreaming entrepreneurs. But, you can always part of the 5% business owners who succeeded. Increase that to 90%, by …
Read MoreWhat is ITR Form 4? The ITR-4 Form is the Income Tax Return form for those taxpayers, who have opted for the presumptive income scheme as per Section 44AD, Section 44ADA and Section 44AE of the Income Tax Act. This form needs to be filled by business enterprises only if their turnover is below Rs. …
Read MoreBENEFITS OF MSME REGISTRATION MSME stands for micro, small and medium enterprises and they are the backbone of any developing economy. To support MSMEs, the Government of India, through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. Though India is still facing infrastructural problems, lack of proper market linkages and challenges in …
Read MoreWith the age of entrepreneurship, women empowerment and just general support of society, many people are taking up their dream of starting a business. There are quite a few advantages of having your own business and being the boss of you. Even so, living in a country like India, the economy has been in a …
Read MoreProfitable Wholesale Business In India The first question every person has when they want to start a new business is, ‘what to sell?’ With the second-largest population in the world, conducting business in India can be a huge success if done properly. There is a massive market demand for certain goods and services and customers …
Read MoreAt FlexiLoans, we believe in putting the needs of our customers first and providing them with solutions for their specific financial requirements. In this upcoming series, we share the success stories of customers and their experiences with us. These stories are a set of testimonials of business owners who have registered immense growth with the …
Read MoreThe words “businessman” and “entrepreneur” are often used interchangeably. Anyone who owns a company and earns passive income is commonly referred to by one of these terms. However, there are slight but significant distinctions between the two. Understanding them can have a massive impact on how someone starts and eventually runs their firm. Entrepreneur and …
Read MoreCredit 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 of or poor credit score can greatly reduce your chances …
Read MoreWe 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 business owner makes. Diversification As a business owner, you will …
Read MoreFor those who have always wondered what is Cash flow and how we can efficiently run a business just by managing its cash flow correctly, here is a guide with tips on better cash flow management. Cash flow as the name explains is the total cash flowing in and out of a business. Here is …
Read More
