A financial crisis is not a reasonable entity. It can’t be rationalised with. There are no negotiation tactics available that can put a financial crisis to bed. Saving your business from debt would take a tremendous amount of effort. There just aren’t any soft answers when it comes down to a financial crisis. It is…
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…
A lesson for all of us is that for every loss, there is victory, for every sadness, there is joy, and when you think you’ve lost everything, there is hope. – Reid Hoffman
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.
Most small business owners work hard to keep their businesses running smoothly by cutting corners, reducing unwanted expenses and making smart business move. But in all their hard work, most often they forget and undermine the importance of taking care of their business’s credit rating. Creditworthiness plays a big role when you need to look for financing options through business loans or alternative financing sources such as KredX’s invoice discounting services to support or grow your business. In simple terms, a business’s creditworthiness is a valuation performed by these lenders to determine if they are a good fit to be given money to and won’t default any debt. It usually takes factors such as repayment history and credit score into consideration.
We wanted to give our readers something informative yet different and thought what better way for that than with a quick recap of the major events from 2016 to early 2017 from across the globe, India and us at KredX. 2016 has been quite a rollercoaster ride for the world and us in India. From terrifying events to groundbreaking changes and new opportunities, it certainly was a mixed bag of emotions. Let’s take a look back at some of the most impactful stories from the last year and early 2017.
In the year 2015, history silently celebrated as a schizophrenic man received the prestigious Abel Prize, one of the highest award in the field of mathematics. This man, a Ph.D. degree holder, had also been previously awarded the Nobel Prize in economics in 1994. In fact, the 2001 movie, A Beautiful Mind, was based on the life of this math genius. This is the story of John Nash.
When the Forbes 2017 Billionaires List came out earlier this year, it was obvious who the richest man would be. Bill Gates and Warren Buffett are household names but one of the men contending them for the top spot on the global billionaires’ list might not have caught your attention. He is a self-made retail aristocrat and the richest man in Europe. But who is he? Why don’t we know much about him?
Well, it is none other than Amancio Ortega, the Spanish business tycoon famous for his fashion brand, Zara.
This is Part II of a two-part series
Recently, KredX had an opportunity to chat with the man responsible for the introduction of digital payment services in India, Dr. R. B. Barman, who is also an advisor to KredX. Dr. Barman is the Chairman of the National Statistical Commission, Advisor to the National Payments Corporation of India (NPCI) and has also served as the Executive Director of RBI, among the various positions he has held during the span of his illustrious career.
It’s yet another Monday, yet another lazy start to the week. Clearly, most of us are not fans of Mondays. We all need little pick-me-ups every now and then to keep us inspired and to keep us going. The story of Kalpana Saroj, who was once a child bride and went on to build a multi-million dollar company, will do just that.