12 challenges #startups face #1: Money Challenge #2: Neglecting marketing and sales, Digital Adoption Challenge #3: Partnership Decision Making Challenge #4: Finding the right people Challenge #5: Financial Management Challenge #6: Cyber Security...
To Understand #Business, know these #17 terms 1) #Brand Equity 2) #Bootstrapping 3) #Valuation 4) #EBIDTA 5) #First-Mover Advantage 6) #Beta #Testing 7) #Due #Diligence 8) #Burn Rate 9) #Lean #Startup 10)#Exit #Strategy 11)#Intellectual Property...
#Company #registration & #Formation to start and #expand #business in #India #How to make the right choice? A) #Proprietary #company (#Proprietorship) 1_Can be founded #alone 2_Less #paperwork, simpler #process 3_#High #risk, due to the personal...
Top #12 reasons why #accounting and record keeping is important in #business The importance of accounting within business comes from its ability to keep track of an organisation’s financial health and reliability. Without an accountant, business...
#Accounts #Business #Financialyear #Startups #Strategy #10 tips and a #checklist for #planning your business goals for the new financial year 1. Begin with #SWOT analysis Do a SWOT analysis (Strength, Weakness, Opportunities and Threats) 2. #Travel...
#Tax Benefits for #MSME in #India here is a list of Top Tax Benefits for MSME or Small #Businesses 1)#Income #Tax #Exemption exemption is available to businesses under Section #80J of the Income Tax Act. 2)#Tax Holiday This tax exemption is...
#accounting #Management #MSME A management accountant plays a crucial role in strategic decision-making within an organisation. They are responsible for collecting, analysing, and reporting financial information that is used by company leaders to...
1) Choosing wrong ITR form 2) Quoting wrong assessment year 3) Non-verification of TDS details with Form 26AS 4) Non-declaration of all bank accounts 5) Filing ITR without using all sources of income 7) No reporting of income from investments such...
When you create a Standard Operating Procedure (SOP), it’s important to be clear and brief. Use a simple guide , easy steps. Each step should be easy to understand and do. Be specific in what you say. Include important details like timelines...
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment and GDP.However, many MSMEs struggle to scale up their operations beyond a certain point.This “stagnation trap”...