Micro, Small, and Medium Enterprises (MSMEs) might not be huge, but their impact is. Data reveals that they contribute to 30% of India’s GDP, acting as the economy’s backbone.
No market remains constant. Expenses can increase, demand can slow, and customer behaviour rarely stands still. Despite that, production and pricing decisions cannot be postponed.
If you follow the news, you will come across similar headlines quite often: Company A (a small and upcoming business) has been acquired for a huge sum of money, or Person X...
Social media has made it seem that anyone can quit their job, start a business, and achieve financial freedom in no time. After all, all you need is an idea, some effort, and voila...
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.
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.
The Indian government sincerely encourages entrepreneurship among young and ambitious citizens. While an increasing number of people are interested in setting up their businesses, most believe it requires a huge initial investment. Well, that is not always true. There are many businesses you can start in India with just Rs 1 Lakh.
Here, we will suggest the top 10 business ideas under 1 lakh. If you need instant funds, you can get a Business Loan from Hero FinCorp to get money for your startup. Once established, you can finance its expansion with a Business Loan.