The 2018 budget was a big nod in the direction of the major voting banks of this country. The farmers, the poor and the small-scale industry players struggling to make ends meet. While the middle class has found a lot of reasons to mourn about, it seems that the BJP government in its election-induced hysteria…
Day: September 7, 2018
Video : Four Reasons Why Your Business Needs A Chartered Accountant
Chartered Accountants get a bad name because there is a common perception that they just file tax returns and maintain balance sheets. If you actually believe this, there is a significant profit margin you could be missing out on and in reality, this is far from the truth. CA’s can act as vision statements for…
The Credit Guarantee Scheme and The RBI
Since the introduction of the Credit Guarantee Scheme in August 2000, the SME sector has seen some much-needed change. However, there was a widening gulf in the disbursal of loans to these small businesses by the banks. It was discovered that as on May 31, 2016, loans amounting to Rs.1,13,500.61 crore were disbursed whereas the corpus…
Invoice Factoring Vs. Invoice Discounting
There are certain nuances in businesses today that act as major factors when it comes to practical serviceability. Invoice factoring and Invoice discounting makeup an interesting context for differentiating business processes that work similarly but at the same time are vastly different from each other. The differences, however, are very important when it comes to…
Measures to Control Inflation
Controlling inflation is an important part of RBIs functioning core. There are certain measure that are employed by the Central bank to restrict inflation and control cash flow. Here are a few of those methods. Repo rate is the percentage with which RBI (Reserve Bank of India) lends money to commercial banks. The repo rate…
5 Best Extensions For Small Businesses | SlideShare
A modern business needs to harness all the tools available in the market for achieving optimal growth. This can mean that specialised analytics models are being employed to understand sales patterns better. It could imply that complex job descriptions are being created that can directly benefit the expansion phase that the company is planning on…
Is Invoice Discounting The Right Move For Your Business?
Invoice discounting is an important consideration for many companies operating out of different sectors across the world. Quick working capital solutions offer an impressive edge that can be utilised for leveraging better modes of functioning in the long term. The question, however, is often if taking up invoice discounting is the right solution for your…
GST And The Logistics Sector
GST had a big impact on the logistics sector of this country. This Is because traditionally most FMCG companies and automotive agencies rely on warehousing in all states for the purpose of eventual transportation of the goods and services they have produced. The GST bill has comprehensively helped bring down the number of warehouses that…
How To Use Your Business Website To Increase Customers | SlideShare
Having a website for your business, no matter how small or big is crucial for every business’s credibility. But building one is only half the battle. The focus should be on how you can use your website. Your business’s growth depends on your website’s success which in turn depends on the traffic it gets and…
Hiring The Right Legal Consultant For Your Business
A legal consultant for your business is a necessity in today’s world that is enamoured with complex laws governing corporates all around. It is indecently naive to imagine that you could scale this space by yourself as you set up your company. This is not possible as modern day corporate functioning deals in a lot…