“Never depend on a single income. Instead, invest in creating a second source.” Nowadays, more and more investors are considering a monthly income scheme as their investment option. When customers invest in a fixed deposit, they get an interest rate on the deposited money. As per the reports, the highest interest rate that one can …
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The EPF (Employees’ Provident Fund) is a unique retirement scheme that has been introduced by the Government of India. The EPF scheme is designed to protect employees’ savings and promote voluntary savings. The scheme also helps in creating a culture of savings among the employees. This article contains details to check EPF balance online via …
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Introduction Small and medium businesses are the backbone of the country’s economy. Setting up a business is a long and tedious process. There are many factors that come into the successful setup of a new business, like capital generation, securing a business loan, company registration, etc. But do not worry anymore, as Flexiloans is an …
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Various businesses have opportunities to include and support franchises. Amul is one company that has brought business opportunities for entrepreneurs. The company was founded in 1946 and is one of India’s most popular household brand names. Amul has had a strong presence in the dairy industry since its inception. It has been able to carve …
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Starting a new business venture boils down to raising the money required to build a business. Many startups and even small business owners don’t have cash at their disposal. In this type of funding, the venture capitalist invests their money in a startup company. Even though it is a risky type of investment, the returns …
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Thinking of starting a dealership business in India? Look no further! We have outlined the most straightforward ways to help you become a dealer. Undoubtedly, equipping your mind with dealership business ideas is a rewarding career that requires minimal cash and overhead expenses. However, a few vital factors need to be considered to ensure success …
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Introduction Micro, Small and Medium Enterprises (MSME) continue encountering hardships in getting business loans, particularly converting trade receivables into liquid funds. To mitigate the hardships faced by MSMEs, RBI came out with a concept paper on “MSME Factoring-Trade Receivables Exchange” and created an Institutional Structure called M1xchange to finance trade receivables. In addition, RBI granted …
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If we need a loan, the first step is to approach a bank or a non-banking financial institution. The bank decides the rate of interest on loans based on our credit score, loan amount, and duration of the business loan. In a significant move that continues to shape India’s financial landscape, the Reserve Bank of …
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A handicrafts business is a lucrative business idea to start your entrepreneurial journey. However, even if you have some of the best products, starting and running a profitable plan can still be difficult. Also, if you are a beginner, setting up a new business in an already competitive market can be daunting. But the good …
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If you’re a book publisher, you might be aware of how you need to display the ISBN number on all the books you’ve published. A unique, 13-digit number that helps identify the publisher and the publications’ title, it is a permanent identification and doesn’t require you to renew your ISBN registration. Having an ISBN number …
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What is VAT? VAT, or Value-added Tax, is an indirect charge on almost all products and services in most parts of the world. It is paid by the end consumer of the product or service and can account for a significant percentage of the amount paid for a product or service. VAT is collected by …
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The Aadhaar Card is India’s premium identification document, required for authentication to avail all government schemes and banking services. The one-page document contains your entire bio, name, address, and mobile number, and its online database contains your biometric details of fingerprint and iris. From applying for business loans online to getting an ultrasound, you need …
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