When we discuss loan settlement or repayment, many business people are nervous. They believe it is extremely complex and will need precise preparation to repay the business loan. You must practice rigorous debt management and financial planning to pay off your company loan without incident. When should you begin paying back your unsecured business loan? …
Read more
Are 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 more
What is TAN number? A TAN is a unique number of ten-digits issued in India to persons who are subject to the Income Tax Act, 1961 in order to decrease or levy taxes on the money paid by them. The TDS (tax deducted at source) or indirect taxes levied by India on payments made is …
Read more
Getting a term loan for business has become easy, particularly after the emergence of fintech NBFC companies offering loans in the simplest way possible. Everything happens online with little or no physical interaction. That flexibility and versatility of the loan process without any collateral requirements is enticing people availing loans without much prudence. However, do …
Read more
Introduction to MSME and Taxation For nearly half a century, small businesses and enterprises in India paid their taxes under the purview of many laws, including the most recent VAT or Service Tax. Since July 1, 2017, all registered businesses have been mandated to comply with the norms of Goods and Service Tax (GST). This …
Read more
Trading has expanded throughout time from local marketplace to and beyond national boundaries. Nowadays, the world is a marketplace, with merchants reaching out to make their products and services accessible to every corner of the globe. Nevertheless, standardising products and services were critical to continue commerce on a large scale. The GST system, implemented in …
Read more
A monotonous, 9-5 job isn’t for everyone. For some people, the sky’s the limit when it comes to choosing what they want to do with their lives, and this ambition may not necessarily fit into an office cubicle. If you have always dreamt of owning a business, now is the right time to take that …
Read more
Looking for a short term business loan but not wanting to spend time on cumbersome documentation? If you are looking for a business loan with just a click, you need not go elsewhere. Download the FlexiLoans app now. FlexiLoans is an NBFC registered with RBI. It is the best instant business loan app in India.It …
Read more
In the post-pandemic era, young entrepreneurs are one of the prominent driving forces for economic growth in India. The MSME sector comprises more than 40% of the GDP and offers employment to a large number of people. Several factors impact the smooth working of a small business. Some of them are infrastructural needs, marketability, patience, …
Read more
Without capital, you cannot start or develop your business. Unfortunately, asking for and receiving a business loan is not always a quick or stress-free process. Furthermore, some small company owners assume they must accept loans at face value and cannot discuss the terms. Fortunately, this is not the case. So, what aspects of a business …
Read more
Bihar is located in the eastern part of India and is now called a developing state because most entrepreneurs are looking to establish their businesses in Bihar. The state is famous for high-quality silk, jute industry, sugar industry, etc. Day by day, the state is rapidly growing in businesses like restaurants, malls, hotels, coaching institutes, …
Read more
Tamil Nadu has vast resources and has grown tremendously in infrastructure, innovation, and knowledge. Well-connected to land and sea, the state has suitable climate and transportation options, ideal for businesses. Getting a skilled workforce is not too difficult in the state. Moreover, the higher education institutions in Tamil Nadu fulfil the managerial force requirement. To …
Read more