Late payment disrupts cash flow. Cash flow is the lifeblood of any business. Without cash flow, your business will crumble. It may seem unimportant for a small invoice to go unpaid. But, imagine a situation where this number keeps growing. How would that affect your daily operations going forward? To be blunt, it would…
The idea behind introducing Udyog Aadhar was to simplify the procedural format that business owners had to go through in order to register their business under Micro Small Medium Enterprise or MSME. Before the introduction of Udyog Aadhar, the procedural format for the same was quite hectic and a time-consuming bureaucratic process that used…
Every Startup owner knows the struggle and importance of dealing with invoices. Money is the core feature of your business and you don’t want to mess it up, especially when you are just starting off, right? Everybody carries a manual of all the right things to practice in their business but it’s equally important to…
Invoices are often the first and sometimes the last document that goes to the client. So, we must make a good impression while sending invoices. Apart from the mandatory things such as client name and item details, an invoice should contain various other important elements. One of the elements is – payment terms and…
Understanding Digital Signatures We are living in a world where carrying out daily business and personal activities are becoming very easy and smooth. In an era where digital signatures are being greatly embraced in the entire world, we no longer have any limitations in our business or personal lives. Typically, physical documents like invoices will…
In our endeavour to help entrepreneurs to grow their businesses, we published lot of insightful business articles last year. I’ve handpicked 10 of them that instantly stuck the cord with our readers. Hope you’ll enjoy these posts. Here are our most popular business articles from year 2017.. 1) How To Get Working Capital Loans…
Small business owners are often overloaded with tons of activities revolving around their business, and they have very little time left for managing cash flows or scratching their heads on company’s finances. On the other hand, mismanaging your company’s funds might lead to total failure of your business. Even though you have the brightest…
It is no news that the implementation of the GST (Goods and service tax) will pose some major advantages and a few disadvantages to the services industry. Many service businesses will face a lot of changes over the years as they try to conform to the introduction of this new taxation system and we…
What is cloud computing? Everyone has been talking about “the cloud.” But what does it mean? Cloud technology or cloud computing is encountering a rush of applications these days. It is not just a sudden shift from traditional software models to the Internet, it has been steadily gaining pace over the last fifteen years. Looking…
In earlier articles, we’ve covered various aspects of Goods And Services Tax, how to create a GST invoice and finally how to file GST Returns. Now, once you file the returns, it becomes little tricky to make changes to the transactions of that particular month – specially Invoices. But we are humans and changes…