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…
At the very crux of any competent business strategy would be the ideal ways to control your company’s monetary flows. There should be systems in place that are already specialised and decently equipped to deal with cash flow management. This is because effective cash flow management strategies will augment your business in quite useful ways.…
Sometimes, thriving businesses that have managed to find the most lucrative market spaces, will eventually face the necessity of keeping their growth in check. The channels for business development will keep opening up while the venture itself will struggle to find funds that could complement the available opportunities. This problem is not necessarily induced by…
Adapting globalised invoicing standards can be an excellent way to help your company reach new heights. This mode of functioning will make sure that your organisation functions according to the standards of the leaders of the industry. It is a conducive way to let superior functioning patterns trickle down on the way your company goes…
Most businesses inevitably face a cash crunch or two during their lifespan. To tide over such lean periods, a business can opt for financing options available in the market, the most obvious of which is a business loan or alternative financing solutions such as invoice discounting. How is invoice discounting different from a business loan? What are the advantages of it over a regular business loan? Here’s how!
If you’re anything like the vast majority of small businesses in the logistics industry, you too would probably find bookkeeping a daunting task. Putting it off could spell disaster as you could lose track of all the details and little expenses. So what should you do? Here are 6 bookkeeping secrets every logistics business needs to know!
All businesses, at some point of time, would require a financial impetus to help with their expansion goals or capital needs. A popular way to finance this is to avail a commercial loan. But how sure are you that your loan application will be sanctioned by the lender? Here are three factors that one must keep in mind before applying for a Business loan.
CIBIL Score, an ominous term that makes even the most financially aware among us squirm in our seats. Maintaining a healthy credit score is vital to our financial well-being. So, what do you do if your CIBIL score is low? With some time and effort, you can improve your score using the methods mentioned here.
The invoice due date and its timely payment is crucial for any business to remain afloat. One of the least pleasant experiences for business owners is to chase late payments. As per a report by Atradius on payment practices – Indian economy is doing well with a bright future prospect. A stable political situation, low…
