Why Startups should look into BPM
Why Startups should look into BPM Business process management (BPM) is an approach to making positive improvements in any business. The approach is useful for organization of any size, including the startups. Let’s have a look at what it is in detail, its usefulness for start-ups and its pros & cons: What is BPM? BPM is basically the regulation for enhancing the business process thoroughly, by assessing it, modeling the way it functions in various scenarios, implementing improvements, [...]
8 Myths about Starting your Own Business
8 Myths about Starting your Own Business You Have No Boss False, owning a business makes you answerable to more than one Boss. Your customers, investors, and employees are now your new bosses and yes the bottom line is your boss too. You are now responsible for every step that you take as it is associated with a number of people around you. You Can Work Fewer Hours Which is a myth again, because as an entrepreneur you [...]
How To Use Internet Influence’s To Market Your Product
How To Use Internet Influencers To Market Your Product Gone are those days when getting your products endorsed by a celebrity was only accessible to big companies who had access to huge funds. The growth of internet and digitalization has opened scope for a whole different medium of product marketing and endorsement. Every single one us follows a digital influencer these days who are nothing small but an internet celebrity. If you are into photography you may have [...]
Closing a Limited Liability Partnership
Closing up of a Limited Liability Partnership There are instances where a registered Limited Liability Partnership wishes to make the LLP Wind Up and close the business. A Limited Liability Partnership is bound to follow few compliances even if they are not carrying out any business. In such situations striking off, a Limited Liability Partnership is more cost-effective than continuing the same. Prior to the new amendments, closing up a Limited liability partnership was a mammoth task of [...]
Dos and Donts While Applying For A Business Loan
Dos and Donts While Applying For A Business Loan Business Loans are one of those many hectic procedures where the business owners tend to lose control of their patience when it comes to the execution part of the procedure. These processes are time-consuming, full of documentation work and may fail if not approached correctly. No doubt there are a number of other ways to fund your business, a bank loan is the easiest of all. But, here are [...]
Save Tax By Avoiding Cash Transactions
Limits on Cash Transactions Every single day we are taking a step towards a more digital future when it comes to business transactions, cash transactions used to be an inevitable part of the story. But since demonetization government has been pushing cashless transactions so hard that finally, we are seeing our life getting more and more cashless. But still, there are cases where businesses indulge in cash transactions, here are few reasons why going digital can keep your [...]