Among all the diverse projects you run, do you know which projects are most profitable?
Continue reading “Top 10 Ways to Improve Project Profitability”
Top 10 Ways to Improve Project Profitability
Project profitability: Overview and key factors
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”
How to manage inventory efficiently to save business money?
Inventory mostly associated with retail or manufacturing business & industry.
Continue reading “How to manage inventory efficiently to save business money?”
10 ways to raise start-up and capital expansion for your web design business
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 Management can now increase your profit
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.
Continue reading “Inventory Management can now increase your profit”
First 90 days survival tips for web-design startups
Start-ups are full of chaos. Everything around is uncertain. Continue reading “First 90 days survival tips for web-design startups”
All important details about GSTR-2 filing for tax payers
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.
Continue reading “All important details about GSTR-2 filing for tax payers”
5 key cash flow metrics every business should follow
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.
Continue reading “5 key cash flow metrics every business should follow”
File GSTR-9 with these easy steps
The yearly return filed by the registered taxpayers in GST, including those listed under composition levy scheme, is known as GSTR-9.
Is Invoice factoring a good option to increase cash-flows?
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.
Continue reading “Is Invoice factoring a good option to increase cash-flows?”
How to ensure sustainable cash flow improvements?
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.
Continue reading “How to ensure sustainable cash flow improvements?”
Step by step guide on GSTR-1 filing
GSTR-1 filing is a regular monthly sales return filing. It’s mandatory for all businesses who registered themselves under GST.
Why a business needs accounting software & how to choose it
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.
Continue reading “Why a business needs accounting software & how to choose it”
Rising Inflation and its impacts on capital budgeting
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 %.
Continue reading “Rising Inflation and its impacts on capital budgeting”
Is retail industry really growing under GST?
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.
Continue reading “Is retail industry really growing under GST?”
Where is your salary business owners?
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?”
4 best tips to manage cash flows in web-design startups
The initial years for any business are very crucial for the long-term success, with many challenges to overcome and lessons to be learned.
Continue reading “4 best tips to manage cash flows in web-design startups”
28th GST council meet highlights & key changes to tax rates
GST council came up with new changes in GST tax rules after 28th GST council meet held on 21st on July 2018. The best and most accepted change is an exemption of GST on sanitary napkins.
Continue reading “28th GST council meet highlights & key changes to tax rates”
A brief description on accounts payable
Accounts payable occurred when a company procured some goods or raw materials from a seller on credit. So, on credit means the company opts for late payment within a stated duration.
Demo: How to check your project’s profitability and pricing with ProfitBoard
Nearly two months ago, I shared why web design companies face cash crunches. Today I’ll show you a demo on how you can do that with ProfitBoard: Our cash flow management app for web design businesses.
Continue reading “Demo: How to check your project’s profitability and pricing with ProfitBoard”
How Profits and Cash Flows Are Different?
Profits are defined as revenue fewer expenses. They may also be referred to as net income. Cash flows, on the other hand, refer to the inflows and outflows of cash for a particular business. Continue reading “How Profits and Cash Flows Are Different?”
8 best ways to turn accounts receivable into cash
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”
How to market your web design company’s business with any budget?
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?”
How can an accountant add value to your business?
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.
Continue reading “How can an accountant add value to your business?”