• For managing your debt, you should collect the information about the amount that you owe, pay your bill on time each month, use good quality accounting software, create a monthly bill payment calendar, etc. • It is important to maintain an excel sheet to know how much you owe and to whom. • You … Read more
You must be wondering why we are only talking about the next 10 customers but the logic is a bit different here. 1: Leanings Identify 10 potential customers: Identifying 10 potential customers that are not your ideal customer but fit in the profile of your end-user. Identify potential customer persona: Apart from identifying the persona … Read more
An employee has good relations with your company but if his exit experience is not good, he might give negative reviews about your company. 1: Employee Attrition Employee attrition means reasons for which an employee leaves a company. It’s quite natural that an employee leaves one company & join some other company. There are many … Read more
1: What is payroll? The simple meaning of payroll is giving the salaries of employees and the process requires a lot of work like: Calculating the working hours of employees Their expenses Their leaves After calculating all the above points, the salary gets credited in an employee’s account. 2: Steps of a successful payroll process … Read more
• You may require funds for a new project, enhancing the existing project, and manage the working capital. • You should ensure repayment availability before raising debt because if you fail to do so, your security asset will be lost. • For calculating the amount of loan, you should evaluate project cost, project cash flows, … Read more
Government Loan Schemes for startups in india • Loan schemes of the Indian government • Indian government provides various types of loans such as CGTMSE loan, MUDRA loans, and MSMEs business loans. • CGTMSE loan was launched by the Ministry of Micro & Small Enterprises that provides a credit guarantee of 50% – 85%. • … Read more
#1: 7 steps of recruitment in HRM 1. What to hire? • You have to prepare a Job Description (JD) to hire an employee with the right competency. • Job Description is helpful for the external candidates who wish to apply for the job as well as for the internal employees of the company … Read more
1: What is the Value Proposition? Value proposition does not mean delivering the product/service to your customer rather it an important tool for your business that solves the problem of a customer. Value proposition helps you to understand 3 things: • If your product or service is solving a problem or improving the current situation. • … Read more
• You can take the help of various debt schemes such as external commercial borrowing, venture capital, trade credit, and bill discounting for raising debt. • External borrowing can be taken in the form of, bank loans, buyer-supplier credit, convertible/non-convertible debenture, and preference shares. • Venture debt can be taken by anyone but, generally, it … Read more
1: What is an organogram? It is a structure with CEO/Promoters at the top followed by the department heads and managers. • The structure tells you about who is heading which department and with how many reportees. • On the other hand, reportees also get to know about their manager. • Due to the structure, … Read more