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.
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.
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.
In the world of finance and banking, the term ‘CIF number’ holds much importance. The 11-digit CIF is like a digital fingerprint that gives each account holder a unique number within the banking system. Financial institutions rely on it to access customer information, based on which they offer personalised banking services and loan options. Since the CIF number is essential, understanding its role helps you manage your money better.
Starting a business in India has become easier nowadays, especially with several innovative ideas that require minimal investment. Professionals can explore various small business ideas under 5 Lakh, providing opportunities to earn substantial returns without significant financial risk. This blog will highlight ten of the best small business ideas under 5 Lakh investments.
India's abundant workforce makes it an ideal location for starting a manpower supply business. This business focuses on recruiting and outsourcing skilled workers to key industries such as healthcare, hospitality, manufacturing, and construction.
Here is a guide to exploring the various benefits, requirements, and procedures for starting a manpower business in India. Established businesses looking to expand can get a Business Loan from Hero FinCorp at attractive interest rates.