How to Setting Up a New MSME Unit

Complementing the growing popularity of SME and MSME sector, adequate financing is being provided to boost its growth. While these sectors continue to contribute substantially to India’s GDP, more and more entrepreneurs are leaning towards starting their business venture in the same. The ease of availability of MSME loan and a hefty amount provided by these credits makes them an efficient financial solution for such … Continue reading How to Setting Up a New MSME Unit

Be Aware of the Advantages and Disadvantages of Invoice Financing

Invoice financing gives way to arrange funds by either mortgaging or selling to pay the bills of your invoices. Though there are some advantages and disadvantages about invoice financing which can help your business’s end on a short term goal. Here are some of the pros of invoice financing:- Invoice financing gives a boost in liquid cash for smooth operations. The working capital security is … Continue reading Be Aware of the Advantages and Disadvantages of Invoice Financing

How to Get an Engineer Loan with the Help of Just your Salary

Personal loans have gained high popularity across India and emerged as the best solution for salaried and self-employed people. This is provided by the banks and non-banking financial companies that make it a best-unsecured loan and financing options for personal needs and even professional requirements. If you are an engineer and require funds to finance for your office or for other purposes, personal finance for … Continue reading How to Get an Engineer Loan with the Help of Just your Salary

5 Ways to Use the Business Loan to Grow your Business in Assam

SMEs in Assam experience financial challenges when it comes to funding their business, which restricts any possibilities of expansion. A major amount of revenue is spent on stunting a potential business growth. But a business loan can help the owners to boost their business in many ways. Here are the top 5 ways you can grow your business in Assam using the business loan. 1. … Continue reading 5 Ways to Use the Business Loan to Grow your Business in Assam

How Medical Practice Loan Helps a Doctor

Of late, healthcare industry in India is undergoing a sea of changes as it moves towards evolving modern global standards slowly but steadily. As a medical practitioner, it becomes imperative to stay tuned to these changes and take your practice to the next level by providing comprehensive healthcare services. There are innumerable financial institutions that provide medical practice loans which are customised for the medical … Continue reading How Medical Practice Loan Helps a Doctor

Supply Chain Finance: All You Need to Know About It

Supply chain financing, as the name suggests, refers to business funding available to aide the supply chain process of business. It is a technology-based business and financing processes that link the various parties in a transaction—buyer, seller, and financing institution— in order to lower financing costs and improve business efficiency. The primary function of supply chain finance is to provide short-term credit that optimizes working … Continue reading Supply Chain Finance: All You Need to Know About It

Primary Functions of Supply Chain Management You Must Know

Supply chain management, as the name suggests, refers to the management of flow of goods and services. In addition, the process also includes  the management of transformation of raw goods into final product, and its distribution to the dealers so it reaches the end customer. Not just that, SCM also involves the active streamlining of a business’s supply-side activities to maximize customer value and gain … Continue reading Primary Functions of Supply Chain Management You Must Know

Techniques of Inventory Management That can Save your Money

An essential aspect of business operations, inventory management includes keeping tabs on a firm’s inventory and monitoring specifications such as weight, dimensions, quantity, etc. The objective of inventory management is to make sure a company has sufficient reserves of its products/raw materials. This would stave off any loss in business opportunities because of inventory having been exhausted. As important a function it is, the best … Continue reading Techniques of Inventory Management That can Save your Money

Lean Manufacturing Principles That Engineers Must Know

Lean manufacturing is a process that improves a company’s manufacturing potential, inventory management, and overall production quality. Toyota Production System was the first company to introduce a similar streamlined concept in its manufacturing line. The term lean manufacturing was coined in 1988 after researchers identified the potential advantage of systematically improving their production line. Studies show that proper implementation of lean manufacturing tools and principles … Continue reading Lean Manufacturing Principles That Engineers Must Know

Know What is Form 16A and Process How to Get it Online?

The certificates of taxes that are deducted at source on all the sources of income that you have are the Form 16, Form 16A and Form 16B. However, there is a huge difference among all of them in terms of their feature and the purpose they serve. In this article, we will try to list down all the differences that these forms have. Each individual … Continue reading Know What is Form 16A and Process How to Get it Online?