We have heard this term far more than often while running our business. It is something everything throws light upon and how imperative it is to have a sound working capital suitable for your business. Let us break it down for you – what is...
When you start off your business, you have the dream to make it big and out there, with great financials, a loyal customer base and immense great. But to get there, it takes hard work, grit and the passion. Also, capital. For small businesses especially,...
What is a business loan? Business loans have seen an entire transition phase in India. Right from heavily secured business loans to now availing security free loans the business loan transition has been quite convenient. A business loan can be taken for an existing business, a...
We all know that to confirm and make any business deal binding all the parties involved in that deal sign a contract. Similarly a loan is a deal a business makes with a lender and to make the loan binding there is a contract known...
No business can escape the invoicing process. A strong and accurate invoicing system not only keeps the record of purchase and sales but also acts as a validated proof during accounting audits. While most businesses use accounting software for invoicing, they are not yet simple and...
An increasing number of customers from urban as well as rural India, and also from across the world now prefer to browse, shop and transact online. There is no denying the fact that small businesses need to adopt technology to establish their footprints in the...
We are almost close to the end of 2018. There are new trends expected to emerge next year for small businesses. However, there are ten trends which are still going strong and expected to strengthen their foothold further in 2019. Let’s take a look at these...
Flash back to 1995 when there was no Internet, no mobile phones, no cloud hosted software – when you had to rely on physical social networks to gain access to reliable information and trust. Today, everything is different – its faster, easier and more intelligent. We...
It is no secret that SMEs have to depend on external sources of funding to run their businesses because they have limited cash reserves. However, when they approach banks, private lenders and NBFCs to avail loans for small business, they are left disappointed. Traditional lenders perceive...
KYC is one of the most important documentation to procure small business loans. The applicants are required to submit identity proof as well as residential proof. Certain documents such as passports and voter identity cards act as both identity and residential proofs. Aadhaar card is...