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...
Current Scenario for Women Entrepreneurship in India
An Indian woman has to go a long way to achieve her proper place in the world of business. Deep-rooted traditional sociological setup like putting herself second to meeting family responsibilities have been the main reason behind the lack of women entrepreneurs in India. However, since the opening up of the economy in 1991, dramatic...
How Startups should account Overhead Costs and Manner of Calculation
A start-up has to sustain and manage various expenses in the process of its creation and post-incorporation to run a business. Though such costs may vary depending on the type of business structure, nature of products/or services offered, and the scale of business operations or business models. For instance, online businesses need bricks and mortars,...
All that a Startup should know about Cash Flow Statement
Every business needs funds on a day-to-day basis to manage its business affairs. However, financial statements such as balance sheets and profit& loss statements focus primarily on the presentation of financial resources and financial performance of an enterprise leaving cash transactions aside. Therefore, to give a microscopic representation of the day-to-day cash receipts and cash...
Working Capital & its Importance for a Business
Overview It’s a known fact that most start-ups usually run on tighter budgets while struggling with the pressure of performing better or giving better output on lesser funds when already dozens of competitors are existent in the market. Therefore, one key strategy that could be helpful for start-ups, in the long run, is better working...
Important facts and information about LIC IPO
The FM Nirmala Sitharaman has announced the plan of the Govt. of India to launch a mega issue of the Initial Public Offer (IPO) of the Life Insurance Corporation (LIC) of India, which is the largest insurer organization in India with a market share of around 69% share in the insurance business. Apart from being...
MOA & AOA of Company
Overview There is no better time to start-up more than ever. A lot of individuals including working professionals are choosing to start their entrepreneurial journey now. While most entrepreneurs focus primarily on developing unique products/services to sell, only a few of them can enable a disciplined and humble environment in their work to ensure the...
All About Annual LLP Compliances
Overview Starting a business and running it for the long term are two completely different things. It would be an interesting fact to know that most start-ups fail within five years of initiation of their business operations. But, what goes wrong? There could be many reasons such as failure to establish a unique product, disputes...
Significance of a Non-Disclosure Agreement (NDA) with employees and vendors
Often, most business entities fear the protection of their confidential business information including trade secrets or business strategies that make it unique and competitive. Whether it is the financial information of the company or any potential intellectual property in its early developmental stages, there is an immense requirement to have adequate mechanisms in place to...
Cardekho- Top automobile Platform startup, Founders, Business model, Valuation, Funding
Remember the time you purchased your first car? It just brings so much excitement and energy. However, you would also agree that it was difficult for you to choose a car from the multiple options available with the desired specifications and within your budget. You had to visit various showrooms and car dealers for getting...
