Cash is the lifeblood for any business and one can determine the company’s health just by looking at the cash flows. Continue reading “How Much Cash Should a Small Business Have?”
Every company, big or small, is always concerned about this one thing – managing funds.
A balance sheet is an important financial statement prepared by a company at a specific period in regular interval to showcase its financial position.
We live in a world where it’s hard not to find barcodes anywhere we go.
The Project Profitability report is used to monitor the planned and real cost related to a project.
Accounting originated when the first trading started back at 3000BC. It used to keep all exchange information in a book.
As a generation heavily influenced by technology, our buying habits and expectations are majorly formed around the immediacy that smartphones, internet, and modern conveniences result in.
Among all the diverse projects you run, do you know which projects are most profitable?
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.
Indian start-up ecosystem is lately emerging at a rapid speed. The umpteen numbers of players and the heavy funding requirements have further increased the challenges for the start-ups. Continue reading “10 ways to raise start-up and capital expansion for your web design business”
Inventory refers to the goods stocked for future usage. Every retail chain has its own warehouse to stock the merchandise to be used when the existing stock replenishes.
Start-ups are full of chaos. Everything around is uncertain. Continue reading “First 90 days survival tips for web-design startups”
GSTR-2 is an application of Return for Inward supplies for the tax period. It is the next step for the taxpayer once he has filed GSTR-1.
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.
As an owner of a small business, you must be seeking out ways to improve your accounting procedures and also increase the cash flow of your business.
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.
GSTR-1 filing is a regular monthly sales return filing. It’s mandatory for all businesses who registered themselves under GST.
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.
India’s Consumer Price Index ( CPI ) growth was measured at 5.0 % YoY in Jun 2018 which when compared to that of May was 4.9 %.
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.