Entrepreneurship is becoming increasingly popular in today’s economy. Students graduating from colleges are turning towards entrepreneurship as a viable career choice. A survey by global recruiting firm Randstad noted: of the 400 workers surveyed in India, 56 percent considered quitting their jobs to start their own business. This was the highest percentage globally. Entrepreneurship also helps in the development of Read More…
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GST Exemption 2019
The government has classified certain goods and services as exempt from GST. Unlike with zero-rated goods and services, business owners cannot claim input tax credit for the sale of exempted goods and services. Exemption from tax refers to the supplies which attracts the “Nil rate of Tax” or which may be wholly exempt from tax and also includes non – taxable supply. GST Exemption Limit:- To Read More…
5 Easy Ways To Collect Online Payments
Consumers made more online payments in 2018 than ever before, particularly with mobile payments. As per reports made by PwC, the number of people making payments via mobile has doubled between 2019 and 2017. Online payments collection can be made easy for consumers. With an ever-growing number of people resorting to online payments methods, it becomes essential for businesses to Read More…
Everything You Need To Know About Patent, Copyright And Trademark
Whenever you have a new idea that you are sure would be well-accepted, you think of protecting it from getting stolen. Whether it is a book or any invention, we need to protect the concept with a trademark, patent, or a copyright. This ensures that no one, other than you is authorised to utilise this concept for their own benefit. Read More…
RBI’s Guidelines Of 1st January 2019 On MSMEs Restructuring
deAsra Knowledge Desk’s opinion on RBI’s circular on Restructuring of Advances for Micro, Small and Medium Enterprises (MSME) sector. RBI/2018-19/100 DBR.No.BP.BC.18/21.04.048/2018-19 For the last six months, there was news in the public domain regarding differences between Reserve Bank of India (RBI) and Government of India. One of the issues was regarding difficulties faced by MSMEs. It is perceived that MSMEs are undergoing Read More…
Small Business Compliances In India
While compliance is nothing but avoiding unethical business conduct or violation, it has always received a bad reputation because of laws, regulations, and audits. Many small businesses feel caught up in the responsibilities and activities that are necessary for compliance when they should be executing processes their way. However, if you follow the below small business compliance checklist and make Read More…
How to Run A Successful Small Business?
Starting a new business is exciting, and a challenging task. Having a great plan and an amazing idea is not enough. You need to have organizational skills and flexible thinking to adjust to the evolving environment. Many people start a business with the hope of making all the right decisions, making money and running business successfully. However, you can avoid Read More…
How To Start A Clothing Line?
Do you like designing clothes? Are you wondering how to start a clothing line? If so, then you are on the right page. The market for clothes and fashion industry is rapidly growing. If you have a passion for designing clothes, you can become successful. However, to earn considerable profits with your clothing line, you need to learn how to Read More…
The 5 Most Faced Challenges of Entrepreneurship
Entrepreneurs are often thought of as people who have it all figured out. They have a great idea, they know how to execute it, and once they decide to start, no one can stop them. While all this is true, challenges faced by entrepreneurs are still common. From not being able to keep financial books accurate to judging the market situation, Read More…
Most Evergreen Fashion Business Ideas in India
Anyone who has ever owned or started a business can vouch for the fact that it takes time, proper research, and efficient handling of resources. The long, grueling working hours and the money you need to turn your idea into reality is a challenge that every new business faces. Starting a fashion business is no different. However, all this hard Read More…
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