Darwinbox – The Leading HR Management Software for New-Age Workspaces!
In recent years, the basic structural design of business organizations has changed dynamically in India which made the option of outsourcing HR functions impossible for start-ups & other businesses, especially those who aim to drive employee engagement and retention since each HR process related to employee specifies a lot about their employee engagement & retention....
How to create a High Performance Team in your Startup
Have you ever thought that how some companies becomes so big in just some times? The main reason behind this is that they have a high performing team. The initial problems with the startups are that they don’t have sufficient funds to run their business and shortage of skilled manpower. The reason behind this is that...
Annual Compliances of OPC & Its Procedure
Overview In recent years, we have seen a considerable rise in the growth & development of start-ups. In all these years, numerous start-up companies have emerged in the Indian corporate industry and still are continually working towards the expansion of their business on a global level. While flourishing start-ups are generally focused on building unique...
All you want to know about the Director KYC process in India
As we all know, a company is a separate legal entity having its distinct identity apart from its shareholders and its management. However, it is the board of directors who are typically known as the brains and hands of the company. Every start-up company /LLP has its designated partners and directors on its board, however,...
Removal vs Resignation of Directors
With each passing day more and more start-ups are being launched in the Indian ecosystem. While ensuring their survival among the stiff competition and multiple challenges, what sets a start-up apart from other start-ups even having better business models, is its ability to successfully grow from a seed into a profitable business often depends on...
Roles & Responsibilities of a Statutory Auditor
Overview Running a start-up is not easy anyway. Apart from the focus on key business development activities, it also demands constant investment in terms of time & effort for managing all the applicable statutory compliance and regulations. Start-ups in India are subject to various compliances under several laws & regulations. These include the periodic filing...
Termination vs Resignation of an Employee
Overview In recent days, many start-ups have been grabbing headlines concerning lay-offs of the employees and surprisingly, this is not just about India. Loans mortgage USA-based start-up, Better.com, Nestle, Unilever, Renault, etc. Further, unicorn start-ups like Meesho, Zomato, Unacademy, Furlenco, OkCredit, Trell, etc. have laid- off more than 1700 start-up employees within the first quarter...
Financial Accounting vs. Management Accounting for Startups
Accounting and book-keeping are one of the key reasons for ensuring a successful start-up business and one of the crucial business functions to be managed and looked after. By definition, accounting could be defined as the process of recording, analyzing, summarizing, and reporting the financial transactions taking place in a start-up on daily basis to...
Essential Agreements for hiring employees in a Startups
In the words of Richard Branson “It is not clients who come first, but the employees of your business. If you as an employer take care of the needs of your employees, they will take care of your business clients in return”. Undoubtedly, Employees are the most important part of an organization who work hard...
