There is a lot of buzzing around the Outsourcing of accounting and bookkeeping. Especially after the Covid-19 pandemic, businesses are looking to reduce their expenses, and Outsourcing is a way to go. But depending on size, nature and goals of your business, the choice may vary. For some businesses, in-house can be a great option, […]
If you are planning to start a new business, it’s crucial to have the right business structure. Everything from Taxation, Compliances, and Regulations that you will have to follow depends on it. When it comes to business structure in India, there are multiple options available as per the law. Every business is unique in its […]
In this article, I will be explaining every detail about the GST invoice, including who has to create it, what are the mandatory fields, and when a GST invoice should be created. Let’s start with the basics. GST invoice It is a detailed statement with the information about any service provided or goods supplied by […]
End of the Financial Year is the time for small and medium businesses to introspect about their performance. It’s a time when every business owner should take a look at how the Business performed in the previous years, what were the accomplishments and which pain-points that affected the Business most, what steps can be taken […]
Accounting is a crucial part of any business. Without an Accounting and Bookkeeping, it’s challenging to grow your business. As a business owner, you must have a clear idea about what is going on with your firm’s finances. For this, it is essential to establish an efficient Accounting cycle. This arrangement helps you get the […]
Every one of us has heard the word “Trademark”. We often use this word in our day to day life to allot a unique identity to something. What is a Trademark? Talking in legal terms, a Trademark is a unique identity of any business consisting either a Logo, specific Sign, or any Design that sets […]
OPC is a relatively new form of registration introduced in India’s legal system. As it’s new, not many people have a clear idea about its features and benefits. So to make things easier for you, I am here with a complete explanation about OPC and its features. Let’s begin with understanding what OPC is. What […]
Almost every Business starts small. At this scale, it’s easy for owners and partners to manage every operation of the Business by themselves. But in the later stages, when the Business evolves and keeps on growing continuously, managing all tasks, single-handedly becomes difficult. Owners have to tread new paths that were never taken before, and […]
OPC (One Person Company) is the latest addition in the Indian legal structure. This structure is a primary choice for the businesses that are in the early stage and entrepreneurs. You can read about it in detail here. Many people get confused between Sole Proprietorship and OPC as a single person manages both. But barring […]
Funding is one of the primary requirements for starting a business. Before initiating the Business, it’s vital to ensure that you have sufficient and smooth cash flow. An uninterrupted cash flow means you can stay worry-free about funding and focus on your core businesses. Out of all the businesses failing, almost 90% fails due to […]