When you are running a company or managing accounting, there are some basics you need to be clear about before you indulge in complicated transactions. Transactions can be difficult and, in order to ensure that all is in place, bank reconciliation is necessary. If this prompts questions to pop in your head, further down is…
What is White labeling all about? As an entrepreneur, how do you tackle your business problems? Your first instinct may be to do it yourself. Not always. In many cases building a customized solution from scratch to meet the exact specifications of your business can be set up to fail. Over recent years, this wonderful…
Inventory is the collection of goods a company has in its stock. This includes raw materials, unfinished goods, and goods that are ready to be sold. Generally, inventory refers to the finished goods. This can also include the raw materials required for the production of finished goods called work in progress. Inventory turnover…
The process of producing products and services and their further rebranding and advertising under another brand’s name is required is known as white labeling. The main objective of white labeling is to increase customer loyalty by providing them worthy services and reduce the cost of resources & development required for making new software from scratch.…
One of the best investments a small business owner can make is in people—both employees and customers. And you can easily serve your people with simple customer relationship management (CRM) software. The vast majority of companies have systems to handle data about product management. However, plenty of data and analysis is out there and received…
The most awaited and new tax system of India i.e., GST came into existence on 1st July 2017. After this, most of the businesses were able to continue smoothly as they adopted GST Compliance. But there are many businesses still that are not very sure about various compliances which can lead to heavy fines and…