Profitability is best described as the firm’s ability to earn financial profit/gain from a specific project. Continue reading “Project profitability: Overview and key factors”
Inventory mostly associated with retail or manufacturing business & industry.
Start-ups are full of chaos. Everything around is uncertain. Continue reading “First 90 days survival tips for web-design startups”
Cash flow is no doubt a vital part of any business especially small ones, but the accurate projections and forecasts of business are something which is needed to get the business moving.
The yearly return filed by the registered taxpayers in GST, including those listed under composition levy scheme, is known as GSTR-9.
Liquid cash is the most significant factor for growth in any organization and many companies continue to make improvements to managing their overall working capital.
Accounting software helps a small business owner to track & monitor all his expenses and transactions in a month. It provides various financial reports to understand & analyze business health.
The retail industry is the fastest growing industry in India also in the world. The retail industry growth rate was 23% in 2017 in comparison to 2016 and is expected to grow at a higher rate in 2018.
A lot of small businesses don’t have a fixed salary for their owners. They think the profit should be their salary so they don’t include that in pricing etc. Continue reading “Where is your salary business owners?”
The initial years for any business are very crucial for the long-term success, with many challenges to overcome and lessons to be learned.
Before moving to accounts receivable management first, let’s find out what’s the definition of accounts receivable management. Continue reading “8 best ways to turn accounts receivable into cash”
First, you should treat your web design and development company like any other startup. Focus on using similar strategies. Continue reading “How to market your web design company’s business with any budget?”
Business owners most of the time feel the need of an accountant at the time of tax filing. But do you an accountant can add more value to your business.
Having a creative idea can’t only help a startup to grow. The one & only aim or goal of every startup business is to grow financially also to maintain financial stability throughout its lifetime. But the path to achieving this goal is not that easy for startups.
Project budgeting is the process of allocating or assigning a cost for a particular project. This cost includes all expenses need to run the project like new equipment purchase, employee costs, average delay costs, operating cost etc.
Why companies or say start-up companies need a fully fledged budget plan to successfully run their business? But the question is why? What will happen if they just spend money on priority expenses without following any plan?
Lets’ define cash in a scientific way. If we take the company as a human body then cash is the blood. Then why blood, because it’s the most needed thing same as oxygen. A human can’t survive without blood and oxygen and a company can’t run without money, which is cash and human resource, which is an employee.
Every year many startups have been joining the startup journey but few exist for a longer period. The only way to survive in this competitive world is to have a strong marketing or business growth strategy.
When the liabilities of a company or entity become higher than assets, this situation called insolvency and the company called as insolvent.
Financial planning is a key growth factor for small businesses. Financial planning includes budget planning, cash-flow management, Income & expense management, investment planning etc.
Income tax rebate can be claimed by resident individuals whether male or female & senior citizens or you can say by all taxpayers.
As the name suggests it’s a tax levied on incomes or earnings by companies & individuals. The government imposes this tax to provide better infrastructure & facilities to citizens also for some Government’s own activities. Income tax needs to be filed every year by individuals & entities. The only sector exempted from income tax is agriculture.
Technology…Technology became an un-separable part of our life. It makes the way of doing things easy, effective and fulfilled our basic needs. We became obsessed with some specific technology like internet, cloud tech, television etc. When & how it became so important to us that we can’t live without these?
Finance minister Arun Jaitley announced budget 2018 on 1st February 2018. This budget brings some disappointment for investors also for some other sectors as custom duty hiked.
Arun Jaitley said that he proposed this budget keeping in mind the growth of Indian economy.
Here are some highlights of “Budget 2018”