Loan approvals don’t happen by chance. Lenders study your income stability, credit history, and debt levels closely. For businesses, they go a step further and evaluate the Debt Service Coverage Ratio (DSCR), a powerful indicator of how financially strong and reliable your operations appear
Every lawfully registered Indian company is given a unique Corporate Identification Number (CIN) by the governing body that oversees company establishment (the ROC), similar to how the Indian government issues Aadhaar cards for identification.
In the world of B2B transactions, maintaining accurate records is essential, especially when adjustments are required for significant amounts. Debit and credit notes play a pivotal role in documenting sales and purchase returns, serving as crucial tools for tracking adjustments between buyers and sellers.
Understanding the differences between these notes is vital for managing transactions efficiently. This guide will discuss the definitions, functions, and key distinctions between debit and credit notes, while also exploring their usage in GST-compliant scenarios.
Revenue-based funding (RBF) is an investment in a company where funds are provided in return for a percentage of future revenue. This kind of funding differs from traditional loans because it doesn't involve fixed repayments and doesn't require collateral.
As business owners, you may be familiar with the term “Cost of Capital.” It is a key financial measure that shows the minimum return a company must earn to meet investor expectations. This concept plays a crucial role in business decisions, investment management, and financial planning.
People prefer drinking mineral water due to its health benefits, not only during travel but also for daily use. Therefore, setting up a water plant business is a lucrative idea, given India's increasing demand for packaged drinking water.
Opening a haircut salon is a profitable business in India. It targets men and women of all age groups from almost all economic classes.
Running a business requires numerous considerations and metric measurements on a regular basis. With these calculations, you can understand your business performance and take adequate steps to improve the prospects. Business turnover is one of the most important and comprehensible metrics you must understand properly.
Kerala, God’s own country, is popular for tourism and picturesque sites. At the same time, it has great potential for businesses. Blessed with diverse natural resources, the state provides excellent business opportunities to profit. The state's high literacy ensures a constant supply of trained manpower. Moreover, Kerala is well-connected to other parts of India through road, rail, and air.
If you’re running a business in this beautiful state and are eager to explore new opportunities, here’s a list of the top business ideas in Kerala. If you need financial support, a Business Loan from Hero FinCorp can provide the much-required funding.