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, [...]
What Is Capital Budgeting? Methods, Importance & Examples Explained
Growth is desired by every business, however, the most important thing is to make the right investment decision. That’s why capital budgeting comes up here. It assists businesses to determine the best places to invest their funds in order [...]
Loan schemes available for MSMEs in Jammu & Kashmir
Jammu and Kashmir is a union territory that is home to a large number of micro, small, and medium enterprises (MSMEs). The government of Jammu and Kashmir has implemented several loan schemes to support the growth and development of [...]
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 [...]
Loan Against Stock & Inventory
Loan against Stock & Inventory Inventory in any business is an asset. The accounting term "inventory" refers to goods or products available for sale and raw materials. It may also be referred to as all goods, items, products, produce, [...]
MSMEs OR UDYAM REGISTRATION
It is a government registration for MSMEs providing them with a unique Identity Number and a recognition certificate, to certify them as micro/small/medium enterprises. What are the benefits of Udyam Registration? Interest rate Subsidy on Bank loans. Collateral free [...]
Kudumbashree Micro Enterprise Development
On August 27, 2020, Chief Minister Pinarayi Vijayan declared the Kerala Athijeevanam Keraleeyam Scheme. The state government will utilize its CM Local Employment Assurance Programme (LEAP) to execute this scheme. Kudumbashree Micro Enterprise development programme is proposing to introduce [...]
Swami Vivekananda Assam Youth Empowerment
The government of Assam launched Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana in the year 2017. Under the SVAYEM scheme, the government provides monetary support to Assam's young people to take up revenue activities in the trade, manufacturing, and [...]
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 [...]
Small Scale Industries India
Small-scale industries in India, also known as SSIs, form the lifeline of an economy. Therefore, it is very significant for a country like India. Being a labour-intensive industry still requires small capital. This is very effective in generating job [...]
Government-Backed MSME Loan Schemes in Kerala You Should Know
Have you ever thought how small businesses in Kerala can still grow with a tight budget and limited resources? This can be found in the MSME Loan Schemes in Kerala which are able to provide the much needed financial [...]
How to Set Business Management Standards?
There are endless reasons that contribute to the low success rates of new startups. One of them is neglecting to set up proper business management standards. Executing business standards inspires confidence in your business. It can also help retain [...]
Project Report for Agarbatti sticks
Introduction Imagine stepping into a business that’s not only steped in tradition but also thriving in today’s market. This project report for Agarbatti - sticks provides a comprehensive guide to tap into the promising market, offering insights into production, [...]
Business Loan Eligibility
Bank provides business loans to a wide variety of small, medium, and large enterprises, and professionals. Also, provide top-up facilities for existing business loan customers who may require more credit at a later period. To meet the business loan [...]
What is a Profit & Loss Statement?
A profit and loss statement simply known as a P & L account or income statement is one among the financial statements which provide the company’s revenue, expenses, profit & loss over some time. The P&L statement will help [...]
Stand-Up India scheme
Stand-Up India scheme focuses on empowering the minorities, such as scheduled castes, scheduled tribes, and women. The scheme was introduced by the Department of Financial Services (DFS), Ministry of Finance, Government of India. The scheme is to facilitate bank [...]
MSME Loan schemes available in Gujarat
The MSME sector plays a critical role in the economic development of Gujarat, contributing significantly to employment generation, income growth, and overall economic prosperity. To support and promote the growth of MSMEs in the state, the Gujarat government has [...]
MSME Loan Schemes available in Madhya Pradesh
Madhya Pradesh is one of the fastest-growing states in India, with a strong emphasis on the development of Micro, Small, and Medium Enterprises (MSMEs). The state government has launched several loan schemes to provide financial assistance to MSMEs in [...]
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 [...]
Peer-to-Peer (P2P) Lending
Peer-to-peer lending also referred to as P2P lending, is a form of direct lending of money to individuals or businesses. It works without an official financial institution participating as an intermediary in the deal. P2P lending is generally done [...]
MSME Loan schemes available in Chhattisgarh
The MSME sector plays a vital role in the economic development of Chhattisgarh, contributing significantly to employment generation, income growth, and overall economic prosperity. However, MSMEs often face several challenges, including access to finance, inadequate infrastructure, and regulatory hurdles. [...]
Business Loans for Manufacturers in India
India is the fifth largest manufacturing country. This sector has been growing at an average of 7%-8% annually. As a developing country, there is a huge opportunity for manufacturers to use the increasing demand, both locally as well as [...]
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 [...]
UDYAM REGISTRATION
What is Udyam Registration? Udyam Registration is a government registration procedure launched by the Ministry of Micro, Small and Medium Enterprises (MoMSME) to classify and identify MSMEs in India. It is an improvement over the older Udyog Aadhaar system [...]