Monthly Archives: December 2024
Assume you are running a small Kirana store and need funds to expand operations. If you have not managed to attract investors, the other option you could consider is to apply for business loan. The same can also be applicable if you are facing a liquidity crunch or shortage of funds. Here is how you can…
Filing an Income Tax Return (ITR) is not easy and with the fear that any mistake or omission may lead to severe penalties by the Income Tax authorities, a lot of new entrepreneurs and start-up owners do not file their ITRs. Therefore, these people wonder how to get a business loan without an ITR. If…
Scrap business means buying, processing, and selling scrap materials like plastic, paper, metals and other such recyclable elements. With the global move towards sustainability, there is an increase in the demand for recycled materials and this presents scrap merchants and scrap metal dealers with increasing opportunities. India presents to those in the scrap business an…
Micro, Small, and Medium Enterprises, generally known as MSMEs, play a significant role in shaping the country’s economy. MSMEs are considered to be the backbone of the Indian economy as they contribute over 29% to India’s GDP (Gross Domestic Product) and are accountable for nearly 46% of the country’s exports. They also play a crucial…
Are you looking to grow your business but wondering how to make the most out of a business loan? Expansion often needs considerable capital, and a well-utilised business loan can be the key to unlocking your growth potential. But how can you leverage this financial lifeline to ensure your expansion plans succeed? Let’s go through…