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…
In 1923 hyperinflation caused German mark to fall drastically in value. The exchange rate rose to 4,200,000,000,000 marks per dollar during this time, that the german people gave stacks of the worthless currency for their children to play with. Please follow and like us:
Accounting maybe a specialised job but the number of applications out there leveraging technology to master accounting are many. Here is a closer look at them: A comprehensive accounting structure can go a long way in helping small businesses emerge on top of their potential financial woes. Setting this up, traditionally require a sound financial…
Hostile Takeover – A tender offer pitched so high that the management of the target company is unable to discourage shareholders from accepting it. In other words, an offer that cannot be refused. Please follow and like us:
The question of moving forward at a rapid rate is a critical one. Timing and an intelligent analysis of your business performance is key here. Here are the reasons why the element of speed will be critical for your business in the coming year. Please follow and like us:
Every small business owner would be familiar with the panic associated with customers paying late. It wrecks havoc with your business operations, your planning and regular payments to employees and other operational charges. In fact, it has been found that over 55% of the total value of B2B invoices in India were reported to be paid late according to a 2016 report by Atradius. This causes problems for the business and in turn, the other businesses it works with, thereby causing a negative cascading effect. To counter this, most businesses have in place a process called credit control. In simple words, it is a practice followed by businesses to ensure that customers don’t take too long to pay you by following up through emails or calls.
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!
It’s important to move with the times and evolve; as an individual, an entity or any kind of organisation. If you’re a business, it is imperative that you stay on top of the latest trends in your industry and use it to better your business. As technology continues to evolve rapidly, businesses need to embrace emerging, cutting-edge technologies before it is too late else you will run the risk of becoming an industry laggard.
We scouted the internet for reports from leading sources like the SMB Group, Cerasis, Deloitte, KPMG and many more for the 2017 technology trends for small businesses to bring you a consolidated list of tech trends your business should not miss out on! Are you and your business on top of these technology trends listed here?
Every business no matter how good the product may be, or how much funding they have are bound to have some trouble if their cash flow management is off. A company’s cash flow is dependent on timely invoice payments from their customers. A 2016 survey by Atradius on B2B Payments in APAC showed that Indian businesses face a delay of 65 days on an average to receive payments from the day of invoicing. The business struggles to stay afloat when these payments are delayed. This is one crucial aspect of any business that can spell success or doom for them. Here we outline some of the most common cash flow mistakes small business owners should stay clear of to avoid jeopardising their survival.
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!