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WHAT SKILLS DO YOU NEED TO RUN YOUR BUSINESS?

WHAT SKILLS DO YOU NEED TO RUN YOUR BUSINESS?

Every year, thousands of ambitious businesses take a kick start. But sadly, only a few survive and thrive for growth. A vast majority of businesses shut within a few years of their inception.  Owing a business appears very appealing but in reality, it requires overcoming tons of challenges. Running a business and turning it into …

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Challenges To Overcome As a Business Owner

CHALLENGES TO OVERCOME AS A BUSINESS OWNER

Heading towards the path of entrepreneurship isn’t an easy task. Starting a business is rewarding but making it run for a long is daunting. Being a business owner you come across countless challenges. With every new day, comes a new challenge. And every obstacle that you encounter on your path requires an urgent rectification. Regardless …

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FINANCIAL MANAGEMENT TIPS FOR EVERY SMALL BUSINESS OWNER

FINANCIAL MANAGEMENT TIPS FOR EVERY SMALL BUSINESS OWNER

Having a passion to become a business magnet does not alone take you to that level. Don’t think we are discouraging you. But you need to understand a few basic financial management tips in your day to day business to sustain and succeed in business. We are glad that you see your zeal in becoming …

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LINES OF CREDIT: NBFC VS. TRADITIONAL BANKS

Today markets have opened up a lot of funding opportunities for SMEs and MSME. With a plethora of loan options available at convenience, borrowers are often faced with a dilemma of choosing between a traditional bank and an NBFC. However, this issue is much of concern when a borrower opts to avail the business line of …

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TAX SAVING TIPS FOR SMALL BUSINESS OWNERS IN INDIA

Running a business requires a business owner to undertake oodles of tasks. But, it isn’t always easy. To gain the most and increase net earnings a business owner needs to pay heed to various factors. While most of the factors that tend to impact business profitability are out of control.  Fortunately, there is one thing that …

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INCOME TAX RETURN FORM IV FOR BUSINESS OWNERS

What 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. …

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MSME REGISTRATION BENEFITS

BENEFITS 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 …

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BEST SMALL BUSINESS IDEAS

With 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 …

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