Apparently, the business needs capital to kick-start the profit-making cycle. Liquid money is an essential element to run operations smoothly. Applying for a business loan can help you tide over the repercussions of COVID-19 and help you realize your financial goals. Here is what you need to keep in mind before applying for a business …
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The manufacturing and service sectors of Micro, Small, and Medium Enterprises work within a limited financial frame under the Micro, Small, and Medium Enterprises Development Act, 2006. The Government of India promotes MSME with several benefits, such as easy bank loans grant, income tax exemptions, subsidies, and miscellaneous concessions. With the focus on the ‘Make …
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There seems to be a tug of war between online and offline business aka traditional business. Going down the online route might look like a path full of roadblocks to many. Hence, some entrepreneurs don’t prefer to switch to digital business. Even though the basics of running a business in both online and offline methods …
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Since the beginning of this decade, online business has started booming. Watching the rising trend, E-commerce holds high promises for the future. Big brand names, such as Flipkart, Amazon, etc. have emerged and have occupied a stronghold over the market. However, finance plays a significant role to take online businesses to newer heights. Flipkart seller …
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Funds for SMEs are similar to fuel to an engine. Small and Medium Enterprises (SME) are the most vulnerable business sector as it is under a financial crunch to run the operations smoothly. What can be better than getting an unsecured loan or good faith loan? It allows you to be financially strong without providing …
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COVID-19 has adverse effects on the workings of businesses. Moreover, the livelihood of the working class has taken a significant hit. To salvage what remains of business, managers and team leaders need to adapt quickly. Furthermore, new workflows and remote approaches should get implemented. The coronavirus has taught businesses that swift adaption and working remotely …
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The Coronavirus outbreak emerged out of nowhere and the financial budget of every household went for a toss. Moreover, the dominating pandemic reached every nook and corner of the world and traumatized the economy of every country. Where the superpowers needed time to stabilize themselves at the stock market, the SMEs of India were crushed …
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Business strategizing is now very important, looking at the time of the year: the festive season. This time of the year means celebrations for both consumers and businesses. Strategizing sales at this time of the year simply means surplus earnings and profit. The festive season decides turnovers of average-income category goods for the year. Customers …
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COVID-19, the pandemic that has hampered the growth of the entire industrial world has majorly affected small businesses. The only question everyone is asking is how can these small business firms pick up the loose threads? Well, this is where FlexiLoans comes into the picture. FlexiLoans brings together diverse types of loans drafted specifically for …
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The novel Coronavirus has left the Indian economy shattered with a large number of small businesses struggling for survival. It might take a good time for companies to get back to the pre-Coronavirus times and levels of activity. Even getting close to those levels might be challenging, considering the present situation in India. But, it …
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COVID-19, the pandemic that has brought the entire world to its knees, is still striking, and it’s striking hard. Leaders across the industry for retail are quite certain of the fact that the longer this pandemic goes on, the greater impact and more challenges it will pose of retail businesses of all sizes, and especially …
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GST is going to be implemented on 1st July’17 and this has raised a lot of questions in people’s minds. Questions like: “What will become cheaper, what will become more expensive, which industries will get affected the most?” etc. have been looming around everyone’s minds. As we arrive closer to the date things seem to …
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