A morning ponder. Like most of us do, I too feel the need to question the veracity of surveys. By surveys I mean all surveys, including business-related surveys. What is the basis of these surveys? I often hear whispers from a lot of entrepreneurs that all these surveys are fabricated as most of the private sector players […]
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Our journey to success begins with an IDEA Blooming. Never dream without a plan & vetting of your idea. Remember you are here for business. One should know how to handle FAILURES rather than SUCCESS. A BUSINESS PLAN STARTS WITH SWOT ANALYSIS STRENGTH, WEAKNESS, OPPORTUNITY, STRENGTH- We need to analyse our own SWOT, which gives us the answer […]
Startup Funding, Angel Funding, Venture Capitalist Funding, Govt of India Funding, Innovation Funding, these are oft repeated terms amongst the business fraternity today. We hear lot of stories doing the rounds of how the invested on these entrepreneurs have left them bleeding. It has been an uphill battle for the newbie entrepreneurs as there is […]
Real time accounting can be a conundrum, especially for small time entrepreneurs. Investing in software, part-time accounting or post-mortem accounting can be counterproductive. It never aids in any decision making process with respect to the business. Information on DAILY BANK BALANCE, RECEIVABLES OR PAYABLES is used by them mostly as a means for TAX FILING […]
Sometimes professional rendezvous with clients can throw real surprises and interesting ones at that. During one such meet with a prospective client who was looking to clear the mess in his accounting and Tally software, my jaw dropped when the client pulled out a small notebook from his pocket and told me his entire accounts […]
As all of us know the greatest source of Guaranteed Revenue for Central Govt. is Direct Tax – TDS. Having said that we as Professional Consultants feel that Income Tax Dept is using TDS as a mode of Punishment for us Business Entrepreneurs. TDS is deducted on Bills even without knowing whether Payments are going to […]