One of the important aims of any country is to promote its economic growth, and a small finance company, commonly known as a microfinance company, has the potential to do it. These companies not only alleviate poverty but also help in overall community development. They focus on the future prospects of the economy and market …
India is a country that lies in the third-largest ecosystem of startups in the whole world, which is 20 times higher than in the past 10 years. In India, almost 15000 new startups are to be registered, says the economic survey, 2022. First of all, You need to have a strong and useful plan. The …
Outsourcing is a practice that companies use to externalize parts of their business to an outside partner or partners. By outsourcing, companies can gain cost advantages as well as increased sales opportunities, access to new expertise, lower annual costs, and more time to focus on core business strategy. It can also provide competitive advantages. It …
Annual compliance is something that includes all the requirements undertaken by the private limited company as per the rules and regulations. Each Private Limited Company has to ensure the annual ROC compliance and income tax else they have to face huge penalties and even imprisonment. File Annual Compliance For Companies 1. DIR 3 KYC …
A Pitch Deck is a series of words and images that illustrate a venture’s story and business model. It does three things that get people to understand, care, and take action. Entrepreneurs have used them in different ways like in raising money, recruiting employees, close customers, partners, supplies, etc. They are the most powerful tools …
Building Blocks of a Powerful Startup Pitch Deck Read More »
Intellectual Property laws, along with courts decisions and regulations, establish rules for the following activities- Registration and administration of intellectual property Selling or licensing of intellectual property Resolving disputes between companies making or selling similar intellectual property products or services. Intellectual property laws don’t prevent someone from stepping on an owner’s rights. But the laws …
Most start-ups fail in the first few years of commencing their business entity. However, there are only a few companies that manage to run for a long period of time that is 30-40 years. Even if both companies are in the same industry, the chances of being successful are only in one the hands. What …
Hidden Secrets Of The Great Startups Do Differently Read More »
In every business, you face some risks and failures with the decisions you take for your business to run properly. However, you cannot eliminate these failures because they are uncertain, But you can overcome them by mindful thinking and applying correct strategies for them to make your business better than your competitors. In this article, …
The Government of India passed the Limited Liability Partnership Act, 2008 to address the important issues. A Limited Liability Partnership is a business entity that gives limited liability to the partners and provides stability in the partnership company. According to section 4 of the Indian Partnership Act, 1932, a partnership is an agreement between two …
9 Big Differences Between LLP and Partnership Firm Read More »
MSME is Micro, Small, and Medium Enterprise, which was introduced in agreement with the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 by the Government of India. MSMEs are critical contributors to the country’s socio-economic development. The role of MSME in the Indian economy is important, as they are key contributors to the socio-economic …
MSME Registration: Procedure, Benefits & Documents Required in India Read More »
