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 [...]
Mukhyamantri Yuva Swarozgar Yojana, U.P
It is accurate to say that the employment rate cannot keep up with the population's exponential growth. There is a sizable population of educated but jobless youth. Some are aspirational and strongly desire to launch their own company. The [...]
Prepare a Projected Balance sheet
A projected balance sheet also known as a pro forma balance sheet, shows the estimation of the total assets and total liabilities of any business. A pro forma balance sheet is a tabulation of future projections. As a result, [...]
Indian Bank Business Loan
Indian Bank has taken over Allahabad Bank lately. The bank offers various MSME loans and corporate loans for its customers. The loans can be used to meet the customers’ working capital needs and extend their business with new equipment, [...]
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 [...]
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 Swanirbhar Karmasansthan Prakalpa
The West Bengal Swarojgar Corporation Ltd implements the Swami Vivekananda Swanirbhar Karmasansthan Prakalpa(SVSKP), a flagship scheme of the Department of Self Help Group & Self Employment (WBSCL). The basic goal of the scheme is to increase access to credit [...]
Citibank Business Loans
Citibank Business Loan offers you business loans for efficient working capital management. CitiBusiness services provide financing solutions to micro-to-small enterprises. Various MSME Loan Products such as Working Capital Loans, Overdrafts, Short and Long Term Loans, and Import and Export [...]
MSMEs Loans available in Maharashtra
Maharashtra is one of the most industrialized states in India, with a thriving MSME sector that generates significant employment and contributes to the state's GDP. The Maharashtra state government has implemented various loan schemes and policies to support the [...]
Importance of Business Forecasting for Business Growth and Success
A forecast can play a major role in driving a company's success or failure. But how do you figure out the best time to invest in growth? Should you strive to anticipate market trends? For that, you need to [...]
What is Term Loan: Types, Eligibility, Documents
Term loans are loans that are of a fixed amount distributed by the banks or NBFC to entrepreneurs. At the same time, entrepreneurs can use it for capital expenditure and expansion of business with fixed and floating rates of [...]
DOCUMENTS REQUIRED FOR GST REGISTRATION
Goods and Services Tax or GST is an indirect tax used in India on the supply of goods and services. It is a destination-based tax and comprehensive because it has subsumed almost all the indirect taxes except a few [...]
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 [...]
Different Types of Loans Available in India
In a diverse country like India, the financial needs and desires of each person are different. Each of them has various goals and desires. Whether, it's owning a home, pursuing higher education or even driving a new shiny car, a [...]
Types of Working Capital Loan
There are different types of working capital financing available in the Indian market. As a result, applicants can choose from Cash credit/Bank overdraft, trade credit, bank guarantee, invoice factoring, and letter of credit. Inadequate working capital can also result [...]
Bank of Maharashtra Business Loan
Bank of Maharashtra is a public sector bank that offers banking and financial products at a competitive rate of interest. In addition to various lending products and MSME loans, the Bank of Maharashtra also offers loan schemes under the [...]
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 [...]
General Scheme For New & Existing Entrepreneurs – Tamilnadu
TIIC designed to help entrepreneurs who come forward to set up fishing net manufacturing units in the region. Therefore, the General Scheme For New & Existing Entrepreneurs Tamilnadu aims to provide all small, medium, and large-scale companies with full [...]
Project Report For Mudra Loan
Mudra Bank loan offers loans at affordable rates to new companies. Registered company owners and entrepreneurs for setting up small & medium businesses can benefit. To get a Mudra loan the first and foremost requirement is to submit a Project [...]
How to Track Business Expenses?
The first step to doing so is separating your business expenses from your personal expenses. This will help you understand how much you’re spending as a small business owner. Thus managing your expenses will increase profitability. Many small business [...]
Machinery or Equipment Loan
Although many SME loans on the market can be used for various purposes, a specific loan can be advantageous if you are sure about the purpose of taking the loan. For example, one type of loan that can be [...]
Chief Minister Employment Generation Programme
Maharashtra's government has started The Chief Minister Employment Generation Programme (CMEGP). In essence, it is an employment-generating subsidy scheme tied to credit. In both urban and rural areas of the state, the government will establish micro and small businesses [...]
Finline’s Journey With The First Investor – 100X.VC
During this pandemic time, many of my friends who were from the startup community were doubtful about getting funding and approaching the right investor. I am writing this article to those who are looking for their first check. We [...]
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 [...]
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 [...]