6 Reasons To Opt For A Cashless Payroll Process For Your Small Business

5 Reasons To Opt For A Cashless Payroll Process For Your Small Business

Everybody is going cashless these days; from entire nations to industries and even your local grocery store down the road! Ever wondered why? The ease, the transparency and the efficiency, are just some of the benefits of going cashless. In fact, the Indian government recently even gave its nod to amend the Payment Wages Act for facilitating cashless salaries in the Public Sector and the Private Sector is clearly next. So, the next logical question is why are you as a small business owner not going cashless for your payroll processing? Every business owner knows that feeling when 24 hours in a day just isn’t enough to take care of sales, marketing, accounting and payroll responsibilities single-handedly! Use technology to ease your burden and use that time to focus on helping your business grow. Still unsure? Read on to find out 6 compelling reasons to switch from manual payrolls to a cashless payroll service.

Tips To Get Your Business's Accounting In Order

5 Tips To Get Your Manufacturing Business’s Accounting In Order

Every manufacturing or small business owner knows how hard it is to stay on top of your finances. A common mistake most first-time business owners make is to ignore good accounting practices because you have ‘just started out’. Sorry to burst your little bubble, but this lapse in keeping your finances in order could cost you dearly. Worry not! We’ve put together five easy tips to help you get your business’s accounting in order.

The Surprising Reason Behind Most Business Loan Rejections

The Surprising Reason Behind Most Business Loan Rejections

As most of us are aware, a good credit record is of utmost importance. But did you know that it is important for small businesses too? Not only should all owners of the business maintain a good credit record, but every SME too needs to have a healthy credit rating from an authorised agency such as CRISIL. Most people keep delaying applying for a credit rating for their companies because they find the paperwork daunting. We’re here to help you with just that and break down the paperwork involved.

4 Ways To Not Be The Next 'Big Time' Economic Offender

4 Ways To Not Be The Next ‘Big Time’ Economic Offender

It’s common knowledge that businesses face cash crunches and issues with capital from time to time. With money issues comes a myriad of other issues that may lead to defaulting of loans and economic offences. Such issues can come knocking on your door anytime, whether you are a seasoned businessman or a first time entrepreneur. And nobody wants to find themselves tagged as a “big time” economic offender. So what can you do to ensure that you don’t find yourself in such a situation?

the tax saving secret businesses need to know about

The Tax Saving Secret Businesses Need To Know About

The Small, Medium and Micro Enterprises (SME’s) industry in the country is teeming with a multitude of businesses. The government has introduced a number of schemes to empower this sector and encourage indigenous products. However, these businesses are often oblivious to the variety of schemes running and lose out on substantial benefits. One such scheme that helps with tax saving is the R&D Tax Credit Scheme that was introduced to encourage small businesses to take risks and invest in research and development (R&D).

the only 8 negotiation tips you need for your next business deal

The Only 8 Negotiation Tips You Need For Your Next Business Deal

Negotiation plays an important role in every walk of life; from street shopping to job offers to business deals! What we’re trying to say is that the importance of this valuable skill can never be downplayed. But far too often, even seasoned negotiators falter and the negotiation backfires. How can you make sure that you walk away with the deal in your kitty? How can you ensure that the terms of the deal are what you had in mind? Read on to find out how to do just that!