Building the bright future for our country’s youth might be difficult, but guiding the youth to make their future bright is quite possible. To make this possible, Government of India launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) under Ministry of Skill Development & Entrepreneurship (MSDE). PMKVY enables country’s youth to get industry-relevant skill training that…
Young business owners and start-up entrepreneurs have increased manifold in last few years, witnessing the rapid growth of e-commerce industry. These first-time business owners or enterprises strive to grow their business by bringing new and innovative ideas to work, making money from the businesses, thus contributing to the growth of Indian economy. Latest Money making…
Business, be it big or small, is always in need of funds. Whether the promoters pool in money or raise money from the market depends on the size and business viability. It also depends upon the nature of the business – is it capital-intensive and what is its stage of development, in terms of inception, […]
What is MUDRA? MUDRA (Micro Units Development and Refinance Agency Limited) is a non-banking financial institution established in April 2015 by the Government of India. It aims to provide integrated financial support to the micro enterprises sector. The basic motive of establishing MUDRA is to extend the facility of institutional finance to small business entities […]
Any business requires a steady flow of funds to grow and sustain. A strong financial backup can help in guiding business in the right direction and for being able to make smart and strategic decisions. Funding a business not only helps in paying expenditures regarding machinery, goods or operational activities. A strategically planned business loan…
A business needs money to pay off its regular monthly bills, purchasing equipment, machinery, inventory, tools, fixed and personal assets, raw materials, property and office premises, trademarks and even consultation and guidance. All of this has to be in perfect balance along with carrying out the daily operations, maintaining the operating capital and having enough…
Small business loans are short-term loans availed by companies that are seeking to raise some capital for meeting expenditures related to daily operations, equipment maintenance and purchase, raw material purchase, expansion or upgradation of business, research and development, etc. Commercial loans can provide a business with the finance that it needs for smoothly going through…
Starting a new business with a small operating or working capital might subject the company to several challenging situations. Once you have a business idea, it is also important that you see it through to fruition. A business also needs some essential funds to get going smoothly. Even if a company is earning continuous profits,…
Why Business Loans? Today’s complex business situations demand quick and strategic decisions when it comes to managing business funds. Business owners may grab the market opportunity, provided they can be supported for appropriate funds in the need of an hour. Before applying for a business loan, businessmen look for quick access to funds, minimal paperwork,…
Starting, expanding or investing in a business come with its own set of opportunities, risks and obstacles. Small businesses have a huge concern for gathering enough capital for the smooth operations of their businesses. The initial phase of any business is crucial and for it to get going and gain that momentum in the market…