If you are in a business, you must know that the business is all about its customer-base. In fact, a satisfied customer is the best business strategy of all. But a satisfied customer base doesn’t cut the line all the times; especially when you want to increase your selling volume. However, some effective factors are
Indian tax department has recently finalized the third stage of GST bill which is dealing with 1211 items has been introduced to improve the ease of doing business in India. The new shape of GST bill is effectively making food grains cheaper while exempting essential items such as milk and cereals from the levy altogether.
Your net annual income should be more than 1.5 million if you are willing to apply for a business loan up to 1.5 million for a limited or private limited company. If you are interested in applying for a business loan beyond this limit, your annual income should be more than 3.0 million. You are
The world we are living now is a world of extreme competition where organizations are going through a cut throat approach and a plethora of opportunities. Most of the human resource departments in this fast moving world are facing frequent talent draining issues. The arrest attrition is, however, known as a vital de-growth element. How
No matter it is a product based business or a service based, your business needs to maintain its profit line. Improving the business loan eligibility is a great way to secure a sustainable growth in business. For ensuring business growth by the enhancement of your creditworthiness, you are supposed to know some secrets that involve
Market research for all intents and purposes is the first stage of new venture development. Even though you are an established businessman, it will be a little challenging for you to develop a new venture until and unless you don’t have proper knowledge about the market. No matter the new venture is going to introduce
A partnership is all about the associations, the associations of possibilities, the associations of liabilities, and the associations of capital contributions. It happens when two or more people agree to contribute money and share the business profits, on the basis of trustworthiness. A partnership linkage also involves the commitment for allocating losses apart from the
We appreciate you if you are expecting to add a fast food franchise to your business that is dealing with the food items. Purchasing a franchise is no doubt a great way to enlarge a business brand. It gives you the right to sell or distribute a service or product under the franchisor system in
Few things you need to know before you make your move towards the establishment of a micro, small, or medium enterprise. It is not a risky job at all if executed with a proper plan and streamlined execution strategies. However, right awareness is the other thing that can help an entrepreneur in moving this journey.
Success and failure of emerging business firms depend on their strategic clarity, in the majority of cases; running a small business is a daunting challenge. Here are few essential things you need to understand about running a successful business. If you have built a successful business and wondering how to take the next step and