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 just planning on launching a new business, you’ll need to know how much cash you [...]
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 will give the lenders a clear picture of your future financial status. As a matter [...]
Best Low-cost Business Ideas for India
The following are the Best Low-cost Business Ideas that you can start in India: Food truck The food truck is one of the fastest-growing businesses in India. Food trucks offer the potential to those looking to get into the low-cost-high-returns business. Considering their growing appeal among the urban masses today. As the retail cost [...]
Types of Business Loans in India
A business loan is a type of financial assistance one can avail to meet various needs of a new or growing business. The lender feels comfortable offering a business loan to a borrower if the application has a strong 'business plan /project report' with decent cash flow goals and capital gain much greater than [...]
Best Format for Project Report for Bank Loan Application
A project report for bank loan is one of the most important documents you will require in case you need a bank loan to start a business. It assists the banks in knowing your business model, the financial plan and the repayment capacity. However, getting one ready may seem daunting, particularly when you do [...]
Factors affecting CIBIL score
The following are the main factors affecting the CIBIL score: Repayment History This is a main factor that directly affects your CIBIL score. Every time a person avails credit or a loan, the lender is bound by duty to report the same to the CIBIL. The bank takes note of whether an individual [...]