Managing large stock of inventory is a time-consuming process for small business owners such as retailers and online sellers. Sending quotations to making purchases to keep track of inventory and fulfilling current orders can be a daunting process, mostly if you use manual and inefficient stock management methods. Inventory Management Inventory management is an important … Read More
Month: February 2021
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GST Rules for Start-ups in India
The Goods and Services Tax (GST) implementation has primarily impacted the way start-ups operated in India. It has significantly increased the number of new start-ups in the past three years of successful implementation. The advent of a new tax regime was crucial to abolish various indirect taxes. GST rules for startups were introduced with the … Read More
Transfer of Business and GST Implications
The advent of GST has led to significant changes in the way businesses operate across the nation. In the past few years, the need for corporate restructuring has increased the scope for transfer of business ownership. It is done majorly to increase the value of an enterprise, revive an organisation’s downfall, or gain an advantage … Read More
How to Leverage Accounting Automation? – Small Business Guide
Coming up with small business ideas and making it requires you to take actions. There’s a lot of thoughts that go into taking that call of making it happen. The success of your business is inversely proportional to the number of sales you crack every day. It involves a lot more than just trading goods … Read More
Accounting 101 – Ultimate Guide to Accounting Basics
Accounting is one of the most discussed topics in the world of business. Not only business owners, but even a regular employee is also familiar with accounting. They send bills, keep a record of profits, losses, and costs. Every business is involved in some form of accounting irrespective of its scale. Understanding accounting basics under … Read More