deAsra Knowledge Desk

Why Legalities Are Important In A Business?

September 16th , 2019
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Mr. Suhas and Satish both undergraduates, hail from Shirur a Tahasil place, were working with M/s Prompt Maintenance Services (PMS), a proprietary firm of Mr.Sandesh Desai. They were part of a team deputed to a multinational company for undertaking ‘’cleaning and maintenance’’ job on a continuous basis. After working for about 2 years they started planning for their future. Now Read More…

The Importance of Background Study In A Business

September 4th , 2019
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In a highly populated suburban in North Mumbai, a residential complex has come up in sprawling 2 acres of land. The ladies in the complex, mostly homemakers used to meet up in the evening. One of them suggested “why not do some business/activity which will keep us occupied during our leisure time which will provide us with some money to Read More…

Averting Non-Performing Assets Via The Business Assessment Route

August 16th , 2019
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Banks, today, have to increasingly deal with non-performing assets (NPAs) and owing to the burden of these NPAs, have become wary of supporting entrepreneurs and small businesses. This situation, however, can be avoided by banks and can turn into a favourable position for both parties, the entrepreneurs and the banks. But before getting to the solution, it is best to Read More…

Debtors Management

July 20th , 2019
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A Case Study   Shabnam and Sarika studied Fashion designing from a reputed Institute. After graduation they parted their company. However, after sometime they again met in an Entrepreneur Development Program (EDP) organised by a Govt. organisation. They discussed their college days and how they should now be serious about starting the business. Both were from different towns, though stayed in Read More…

Budget 2019-20 – Employment: Small Businesses

July 8th , 2019
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Finance Minister has presented 2019-20 Budget which is growth oriented, touching concern areas, attempting to ease bottlenecks and yet trading on fiscal conservation path. Economy is facing severe head winds, such as slowdown in growth, falling consumption demand, dearth of private investment, rising unemployment, rural distress, etc. At this background, the market was expecting big bang fiscal stimulus to kick Read More…

Expert Committee On Micro, Small & Medium Enterprises

June 30th , 2019
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MSME sector is a vital component of the Indian economy. The sector consists of 63 million+ units employing about 111 million employees, which is about one-fourth of the countries’ labour force.  MSMEs contribute about 45% countries’ production and contributes to exports to the extent of 48% of the country’s total exports. This vital statistic speaks volumes about the importance of Read More…

Factors Leading To Creation Of Non Performing Assets

June 7th , 2019
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As we are aware, any amount which is due for payment to the bank, but not paid, is termed as ‘’Overdue”. Bank has to classify its loan accounts under two categories, viz. Performing assets (PA) and Non-Performing Assets (NPA). An analysis of NPA accounts indicates the following major reasons for accounts becoming NPA. 1. Diversion Of Funds Credit facilities are Read More…

Small Businesses And Non-Performing Assets

June 4th , 2019
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Small businesses need funds as capital for investment, or to handle expenditures or for further expansion of the business. Most often banks are the primary source for procuring funds and also for handling accounts. However when a business defaults on the loan repayments, the banks bear the brunt too. Functioning Of Banks As a primary function, banks accept deposits for Read More…

Concerns Faced By Small Businesses

May 7th , 2019
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Businesses are started with great enthusiasm, sometimes accompanied by great fanfare too. The business idea is the brainchild, and the baby of the entrepreneur, and therefore he will obviously be very attached and caring towards it. However, many a time, things do take place the way they were planned and the person gets into problems. This is especially true for Read More…