What Is Order Management? Some businesses manage their orders manually and keep their records in ledgers. That being said, this is only good for small companies who process very few orders on a daily basis. For big companies with larger order inflows, the task of order management and processing can be challenging to carry…
How to Make Money Selling Things Online? Buying and selling online- or eCommerce- in India will cross the UD$84 billion mark by 2021, says a joint report by Deloitte India and Retail Association of India. The rising popularity of smartphones and inexpensive Internet packages will be the main drivers of this growth, the report entitled…
With the onset of various practices aimed to increase the gross output from a company, the management, and control of everything related to the inventory are in the spotlight. Thus, paving the way for new techniques and practices to achieve it. Inventory control is, therefore, an important aspect of maintaining a successful supply chain for…
Imagine that you are running an e-commerce business. You are getting a lot of orders, from across the world.. These products are shipped to customers without your intervention and you are getting paid instantly after every fulfilment. Best part You don’t even have a warehouse or have any inventory! A process of running an…
What Is Bharat QR Code? Since demonetization of old currency notes the Government of India has been making a big push for digital payments. To encourage cashless transactions and to promote Digital India initiative, the Government of India has launched Unified Payments Interface (UPI) for smartphones and for basic and feature phones it has introduced Unstructured…
At ProfitBooks, we are committed to make taxation simple for small business owners in India. Since GST is set to replace various indirect taxes, we have started this series on frequently asked questions on GST. This article is next in this series. Earlier, we had covered overview of GST tax and common questions around it. We…
We know Facebook as a social network where we share updates with our friends. But did you know that you can use Facebook for business? Facebook is perhaps the only social medium that can help you reach out to over a billion people. It knows more about your customers than you do and can help…
Why you should sell online? eCommerce in India is booming. According to a study conducted by Google India, there were 35 million online shoppers in India in 2014 Q1 and is expected to cross 100 million mark by end of year 2016. Broadband internet and explosive growth of mobile phones are fueling this growth further.…