How To Start a Business in India
Entrepreneurship is the creation or extraction of value. In India entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business. In other words, the process of setting up a business is known [...]
How Retail Franchises in India Are Transforming Modern Business Ventures
Did you know? By 2027, Indian franchise companies are likely to have a whopping amount of 140 billion dollars, with retail leading the pack. This blow-up is not only a trend, but a transformation. The retail franchises in India [...]
How to Apply for Karma Sathi Prakalpa Scheme in West Bengal
The West Bengal government introduced the Karma Sathi Prakalpa scheme to help the dreams of young entrepreneurs. This project offers simple funding up to 2 lakh rupees to get the youth to begin their own business. Since it was [...]
How to Measure Small Business Performance?
As an entrepreneur, we know how crucial it is to identify what functions well in your company and what doesn't. The only thing you can count on in business is that things will change constantly. So that you can [...]
Point of Sale (POS) System
The Point of Sale (POS) System serves as the central element of your business. A POS is a location where your customer makes a payment for products or services at your shop. Simply put, it’s the centre where everything [...]
Pradhan Mantri Mudra Loan Eligibility Criteria
Loans for Non-corporate, non-farm small / micro enterprises MUDRA (Micro Units Development and Refinance Agency) Loan is a main program under the Pradhan Mantri Mudra Yojana (PMMY) by the Government of India to assist micro and small enterprises. [...]
A Complete Guide To Pradhan Mantri Mudra Loan Details
Get complete Mudra loan details including types, eligibility, documents, interest rates & benefits. Mudra loan is a government financial assistance scheme under PMMY to small and micro enterprises. It provides collateral-free loans of up to 10 lakhs through [...]
Andhra Bank Business Loan
Many people will have the dream of starting their own business or if one already has a business to expand it and build it into something better. MSMEs or MNCs everyone will require funds at one point in time [...]
Mudra Loan Interest Rate
The Government of India has introduced the Mudra loan intending to promote affordable business and entrepreneurship loans. The full form of Mudra is Micro Units Development and Refinance Agency Loans which are provided to small enterprises and non-farm agencies, [...]
Chief Minister’s Rojgar Yojana (CMRY), Goa
The State Government of Goa has started the Chief Minister's Rojgar Yojana (CMRY). Collaboration with the Economic Development Corporation of Goa for unemployed youth. Under this scheme, with the help of government loans, other backward class people, scheduled castes, [...]
Indian Bank Business Loan: Get Quick Funding for Your Startup or MSME
Are you aware that over 60 percent of small businesses in India experience problems in terms of funding? Acquiring fast capital can be a major problem to startups and MSMEs. That is where the Indian Bank Business Loan can [...]
Prime Minister’s Employment Generation Program (PMEGP)
PMEGP is a central sector scheme that comes under the Ministry of Micro, Small and Medium Enterprises (MoMSME). The scheme is handled by Khadi and Village Industries Commission (KVIC), which takes the lead role at the national level. In [...]
Why do you need a GST Invoice: Advantages of GST Invoice
Maintaining a successful business requires a great deal of skill, expertise, and aptitude. However, you still require more than that. To operate a business, you must also have a solid understanding of the GST system of taxation. Finline explains [...]
SBI e Mudra Loan
Under the PM MUDRA Yojana (PMMY), SBI provides business loans up to 7 years (up to 10 lakh rupees, extended to 20 lakh rupees as per Budget announcement and Official Gazette dated 24 October 2024) at a repayment tenure [...]
Mukhyamantri Swavalamban Yojana, H.P
There is a lack of sufficient jobs in all of the industries, irrespective of the government or private sector. This is why there is a great need to encourage self-employment. Taking a step, the state government of Himachal Pradesh [...]
Madhyapradesh Mukhya Mantri Swarozgar Yojna
Madhyapradesh Mukhya Mantri Swarozgar Yojna is a scheme that offers loans up to 25 lakhs for promoting entrepreneurship in Madhya Pradesh without the need for collateral security. Who is eligible for this scheme? Applicant must be a permanent resident [...]
Top 5 Government Loan Schemes for Small Businesses
Approximately 40 million Micro Small and Medium Enterprises (MSMEs), both registered and unregistered, exist in India. The government provide some loan schemes to assist small and medium enterprises. These loans primarily aim to assist the less fortunate and middle-class [...]
What is Overdraft Account?
You incur debt when you use your overdraft (also known as "going into your overdraft"). People should only use overdraft accounts for short-term borrowing or emergencies. It's critical to manage an overdraft account like any other debt and keep [...]
How to Manage Account Payables
Cash is the lifeblood of every business. Run out of cash, and your business will be dry and out of the blood. you can’t pay your bills or make payroll. Even if you’re not up and running yet and [...]
How to Pitch Your Business to Your Community, Friends and Family
Someone who is starting or continuing a business knows the importance of pitching. Sometimes, pitching to friends and family can be more complicated than pitching to strangers. Friends and family should be seen as one of your primary investment [...]
Business Loan for Grocery Stores – Eligibility & Documents Required
Did you know that 90% of India's retail sector is unorganised and consists of small grocery/kirana stores. As per the latest survey, there are around 12 million grocery stores across India. Most of these shops face regular cash flow [...]
What Is an Expense Report?
One uses an Expense Report form to record business expenses. The employees report various business expenses incurred by them out of their pockets. It includes any purchases that are necessary to run a business, such as parking, meals, gas, [...]
Tax Saving Tips for Entrepreneurs
Entrepreneurs and business owners are accountable for paying income tax on the revenues generated. Every entrepreneur or business owner must accept the hard reality that they pay a portion of their revenue to the government as tax. This can [...]
Most Popular Innovative Business Ideas in India
The following are some most popular innovative business ideas in India in 2023: Rainwater harvesting It is the collection and storage of rain, rather than allowing it to run off. Rainwater is collected from a roof-like surface and redirected [...]
How To Create A Projected Balance Sheet For Business Planning And Loans
A projected balance sheet is one of the most important financial statements that you will require when seeking a business loan or constructing a good business plan. It provides the anticipated assets, liabilities, and equity of your firm- which [...]