8 Cost Saving Ideas For Companies

There comes a time in every business when there really isn’t much cash left after paying your bills, employee wages and operational costs. So, how can you ensure that you have a substantial amount left in your account at the end of the month? Cost-cutting! But we’re not talking about cutting corners from an already tight budget or laying off your employees. We’re talking about practical ways like the ones below to save your business a substantial sum of money!

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?

8-tips-for-more-effective-invoicing

8 Tips for Effective Invoicing

Any Business, big or small and even freelancers face the problem of Invoicing and late payments from their clients. This not only elongates the payment cycle but can leave businesses dry and delay their functioning. To avoid such situation, here are few tips on invoicing process best practices. Invoicing Process Best Practices Please follow and…

what-is-invoice-discounting

What is Invoice Discounting?

All businesses inevitably face cash crunches from time to time, at some instance or the other. While larger businesses search and utilise all viable solutions to keep their businesses afloat, small businesses often don’t have many options to choose from. Such businesses need financing mechanisms which are more flexible and specifically cater to their cash flow needs. Invoice Discounting is an alternative financing solution for these businesses that utilises the value of their invoices.