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, hotels, etc. So basically, an expense report is a form through which the employees request [...]
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 identify what is successful and what is not, you must continuously evaluate your company's performance. [...]
Which loan scheme is best for business?
The requirement for funds varies for each business. As per the type of business, the scale of operation, repayment capability, amount of fund required may change. Business entity faces a lot of difficulties to get the right kind of financial assistance for different activities. The Government of India offers different types of supporting packages [...]
How do I write a Project Proposal?
If you want to get the money from the bank to accomplish your business requirements, the first step towards getting the loan is writing a project proposal for a bank loan. When you plan a project proposal to get a loan, remember that you are writing to inform and persuade lenders. But also writing [...]
Bill Discounting or Invoice Discounting
Bill discounting or invoice discounting is a method of sourcing working capital from future payables. Furthermore, the bill of exchange to the financial institution recovers the number of sales before it gets matured. Bill discounting is a major trade activity. It aids the company’s outstanding bills which are due to be paid at a future [...]
Cash Credit Loan
A cash credit loan is a type of working capital loan for a company to meet its working capital requirements. The money can be withdrawn against the hypothecation of stocks and receivables. It can be availed either in the form of a secured loan or an unsecured loan. Cash credit has a loan repayment [...]