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 [...]
Demystifying the Art of Project Report Writing: A Comprehensive Guide
In the world of business, a well-crafted project report is more than a document; it's a roadmap that navigates through the intricate landscape of planning, execution, and success. Whether you're a seasoned entrepreneur or a startup enthusiast, mastering the [...]
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 [...]
Supply Chain Finance (SCF)
Supply chain finance (SCF) is a form of finance in which suppliers can receive payment on their invoices in advance. Supply chain finance enables both buyers and suppliers to optimize their working capital. It reduces the risk of supply [...]
How To Create Project Report for Real Estate Business?
Do you want to create project report for real estate within minutes? The real estate business has always been a lucrative industry, offering many opportunities for entrepreneurs and investors. So, what exactly is real estate? It refers to properties like [...]
The Future of AI in Project Reporting: A Comprehensive Guide
In the dynamic landscape of project management and reporting, Artificial Intelligence (AI) is emerging as a transformative force, offering innovative solutions to streamline processes and enhance decision-making. In this comprehensive guide, we'll delve into the integration of AI in project [...]
What are PSB Loans in 59 minutes?
The Government of India launched a quick business loan portal for individuals who wish to extend their existing business. Under this scheme, MSMEs can get loan amounts from Rs. 1 Lakh to Rs. 5 Crore in less than 59 minutes [...]
What is Unsecured Business Loan?
Unsecured business loans are an excellent funding opportunity for businesses that don’t own many assets. This loan doesn’t require collateral security to submit to the bank or NBFC. A secured loan uses assets as security, which means if things [...]
Pradhan Mantri Mudra Loan Documents – Apply for Mudra Loan Online
Loans for Non-corporate, non-farm small / micro enterprises The Mudra Loan scheme is a main part of the Pradhan Mantri MUDRA Yojana (PMMY) by the Government of India, designed to help micro and small businesses. The applicant must [...]
Startup India
The Startup India campaign was started in 2016 to encourage entrepreneurship in India. The objective was to reduce the regulatory burden on Startups, thereby allowing them to focus on their core business and keep compliance costs low. It was [...]
Check list for MSME Loans upto Rs.10 crore
The following is the Check list for MSME Loans up to Rs.10 crore: Proof of Identity: Aadhaar Card / Voter’s ID Card / Passport / Driving License / PAN Card /Signature identification from present bankers of proprietor, partner of [...]
Unemployed Youth Employment Generation Programme (UYEGP)
The Unemployed Youth Employment Generation Programme (UYEGP) scheme to alleviate the unemployment problems of socially and economically weaker segments of society, particularly among educated and unemployed people, to become self-employed by setting up Manufacturing / Service / Business enterprises. [...]
MSME Loan schemes available in Goa
Goa, one of the most popular tourist destinations in India, is also home to many small and medium-sized enterprises (MSMEs). These MSMEs contribute significantly to the state's economy and provide employment opportunities to the locals. However, like all small [...]
Aatmanirbhar Bharath Abhiyan
In his fifth address to the nation, Prime Minister Narendra Modi launched Atma-Nirbhar Bharat Abhiyan(ABA). The objective of this ‘Self-Reliant India Mission’ is to bring a special economic package that will offer relief measures across all the sectors in [...]
Types of Financial Statements
Financial statements are written records that convey the business activities and the financial performance of a company. Government agencies, accountants, firms, etc., often audit these to ensure accuracy and for tax, financing, or investing purposes. Financial statements include: Balance [...]
MSME Loans available in Andhra Pradesh
Andhra Pradesh is one of the leading states in India in terms of the growth of the MSME sector. To encourage this growth further, the Andhra Pradesh government has introduced various loan schemes to provide financial assistance to entrepreneurs [...]
Business Plan to Start Your Own Company
Anyone can have a great business idea, but turning an idea into a viable business is a game changer. A business plan is a must to start your own company. Writing a formal business plan increases your chances of [...]
Debt Financing
Debt financing for startups means getting the borrowed funds. When a startup borrows money from outside at interest, it is called finance through debts. There are options for raising finance namely either through debt or equity or through a [...]
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 [...]
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, [...]
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 [...]
Loan Schemes for MSMEs in Haryana: How to Get Funded
Want to expand your small business but do not know where to begin with funds? You are not alone and that is precisely where the Loan Schemes of MSMEs in Haryana come to the fore. Haryana with a strong [...]
Rajiv Gandhi Swavlamban Rozgar Yojana, RGSRY
The Delhi Khadi & Village Industries Board, with the assistance of the Government of the National Capital Territory of Delhi, planned, established and implemented the Rajiv Gandhi Swavlamban Rozgar Yojana(RGSRY). The aim is to provide employment opportunities for unemployed [...]
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 [...]
Chief Minister Employment Generation Programme, CMEGP
Karnataka launched the Chief Ministers Self-Employment Generation Programme (CMEGP) to establish micro-enterprises in rural parts of the state. CMEGP - Govt of Karnataka, promotes self-employment among aspiring rural entrepreneurs by investing capital up to INR 10 lakhs through the [...]