The words “businessman” and “entrepreneur” are often used interchangeably. Anyone who owns a company and earns passive income is commonly referred to by one of these terms. However, there are slight but significant distinctions between the two. Understanding them can have a massive impact on how someone starts and eventually runs their firm. Entrepreneur and …
Read MoreAvailing small business loans is a rule rather than an exception these days. With online finance partners such as Flexiloans, quick business loans are within every SME’s reach. These loans have varying tenure and flexible terms. Many SMEs opt for paying loans before the loan tenure when they have surplus cash flow. Early closure can …
Read MoreGoods and Services Tax (GST) was launched in India on 1st of July 2017. It created all kinds of noises, both good and bad, and finally, amidst a lot of dilemmas, this historic step was taken. It has been 3 months since GST came into effect but if you ask around, you will discover there is still …
Read MoreInflation in simple terms can be explained as a general increase in the price of commodities like grains, fuels, consumables etc. It also signifies erosion in the purchasing power of money. For example, one year back the cost of diesel was Rs. 50 per liter and so Rs.100 could buy you two liters, however, in …
Read MoreCredit score is extremely important for the owners of SMEs and proprietors looking for finance in the form of small business loans. It is an objective score that defines your financial ability to repay debt based on your past transactions and payment history. The absence of or poor credit score can greatly reduce your chances …
Read MoreInventory, whether that of raw material or finished products is an integral part of a successful business and its operations. Raw material stock ensures that the production goes unhindered and finished product is available to meet demand and requirement of the customers. However, maintenance and stocking up require heavy investment which might be difficult on …
Read MoreDebt is always seen as a trap which looks like a good prospect with only one way in and no way out. But this is a very traditional thinking which does not hold any weight in present times. The truth is that a well timed and appropriate debt product can help you take your small …
Read MoreGST has united India under a single tax rate but also created a set of questions which plague one and all. Here is a lowdown on the 5 most important questions related to GST and how it is impacting our daily life. What is the final tax slabs on your daily bills? Hotels and Lodges- For …
Read MoreBUSINESS IDEAS FOR DIWALI TO MAXIMIZE YOUR SALES Diwali is a festival of lights and every business is raking up its operations to meet the high demand around this time of the year. Though good sales volume is guaranteed due to the nature of this festival, is your business really “Diwali-ready”? Do you have enough …
Read MoreGST is Goods and Service Tax which has been applicable since the 1st of July 2017. It is a single tax being levied on all goods right from the manufacturer to the consumer. This single indirect tax is being used for the whole country thereby unifying India. Credits of input taxes paid at each stage …
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