After the integration of GST or goods and service tax in India from July 2017, each business is required to reimburse the Goods and Service Tax (GST) an evenhanded and complete arrangement of taxation that reduces avoidance and assures a wider income stream. For the imbursement of GST, appropriate record keeping is essential for...
The startups do not usually have funding sources, especially if they are small businesses. They only have to rely on the jumble of financing tools to raise money, like taking loans from friends and family. However, we have some suggestions for the people searching for small business loans in...
As ‘Goods and Services Tax (GST)’ will finally become a reality in UAE by 1 January 2018, it will be good for all UAE businesses and citizens to grasp the basics about this new tax system. This move is generally viewed as a refocusing and reconstruction of the prevailing...
Risk has a negative stigma attached to it. It’s often viewed as something that should be avoided at all costs. However, a risk is not inherently bad. As entrepreneurs, it’s important that we understand that risk is an essential part of doing business. Understanding risk is the only way...
Increase in revenue does not necessarily mean an increase in profitability! Without this knowledge, most small and some large scale business owners lacks clarity with terms to define basic accounting. Some misinterpret gross profit for net profit and vice versa. These two statistics are vital and it very important...
If you're like millions of people all over the globe, you have bad credit. That sounds tough in theory, and maybe even a little embarrassing, but the truth is that we've all been there. What with the countless expenses that arise in everyday life and the fact that any...
Starting a new business is an exciting adventure. The prospect of putting your own idea into a working market, building up your company from scratch and seeing success can’t be beaten by much. However, with all that excitement comes the hard work and grind of making your business get...
It’s brilliant to see what this frenetic online world does to our frazzled little brains. Experts point out how a huge, multi-billion pound industry tries to “break down one’s self regulation”, every time they log onto one of their devices. No wonder most of us feel worn down by the...
The hardest step in saving your money or curbing your costs is getting a starter. Nevertheless, the process doesn’t get easier even when you have started on the path of saving. It requires perseverance and constant vigilance. In case you are wondering how to get started and save money...
Credit cards are temptations for frequent shoppers, jet-setters, foodies, and those who splurge on luxury items. They work in order to instantly pay for certain goods even when you do not have cash ready to hand over to the cashier. They may instantly book airfare tickets, book hotels, and...