Live selling on Facebook provides you with the perfect opportunity to communicate with your audience on a one-to-one basis while allowing your products and services to create a lasting visual impact. Live selling also helps you reach a larger audience who may be interested in your business.
“Loan from banks or NBFCs is an important source of funding to start or expand a business. Loans can be in the form of cash credit for working capital or term loans for purchasing fixed assets.”
Shop Act is a mandatory registration and is necessary if the business premises are located in the municipal limits. It is compulsory to display this document in a prominent place in the business premises.
Cash flow management for business is the process of monitoring, analysing, and optimizing the net amount of cash receipts minus the cash expenses.
With technological advancements, the educational sector has drastically changed over the past few years. Since the pandemic, online courses have become the preferred mode of learning. The pandemic has forced schools, training institutions, universities and companies to work remotely and this has improved the usage of online learning. There are numerous online learning platforms in the market and this increases competition. Hence, the platforms or coaching classes need to use innovative teaching methods and upgrade their knowledge continuously to grow their business.
With the unexpected global situation, most of the businesses have been affected. The demand for essential as well as non-essential services has reduced. Fashion and Jewellery are typically considered as non-essentials and this makes it more challenging for such businesses to get back to normal.
Udyam Registration is an identification number which is issued to businesses who want to get registered as a “Micro, Small and Medium Enterprises (MSME)” enterprise. Based on the investment and turnover of the business it will get classified into the right category i.e. Micro or Medium or Small enterprise.
Beauty services are highly personalized services wherein maintaining social distancing is quite challenging. A beauty business must at all times ensure that necessary hygiene and safety measures are being followed.
Restarting the business in the current situation may not be as easy as it would have been before the pandemic. When restarting the business, entrepreneurs need to consider the impact of factors like economy, environment, demand and supply, safety and hygiene etc.
An unsecured loan for micro-entrepreneurs and small businesses, which will be useful to meet the working capital needs of the business only.