SME India requires flexible capital while it is still in its growth phase. As a business grows, the need for extra finances always crops up. Often times, business owners who own business credit cards, turn to taking to a cash advance on the credit card. A cash advance typically means that the bank allow clients […]
When your business grows, and we hope it does so continually, there is a need for more resources to fulfill client expectations and to scale up effectively. It could be new and upgraded equipment, more employees, a bigger space, or even new and better furniture, especially if you plan on having client meetings at your […]
A new year can certainly be a good time to reflect upon the health of your business and find new ways to help growth. Now is an excellent way to make those changes you’ve been planning but always putting off. Here are a few ways that SME India can imbibe some good habits this year […]
Every business needs money, hard cash, but none more than a start-up. Maintaining and managing cash flow in and out of the organisation is very important, especially in the first few years of your business. If you can manage it during this period, one of the toughest spells is over. If you are an SME […]
Credit cards are a blessing if you know how to stay in control of your use. Are you managing your credit card usage well, or could you be starting to get dependent on them? Read on to recognise the 4 telltale signs of credit card dependency. If you exhibit two or more behaviours, then you […]
Building a business from scratch requires money. It could be just to scale up or to invest in new equipment or to purchase inventory. Thankfully there are many avenues for acquiring business loans. Using the loan to fund daily necessities is standard. However, there are several other investments that you must make to scale up […]
A business needs money to run. It is the oxygen that fuels its systems. Ideas and plans and initial savings can only get you so far; but when the money runs out, sometimes unexpectedly, a business is caught on the wrong foot. Small business financing relies on a budget plan that will see you through […]
We know the importance of good bookkeeping and accounting practices for Small and Medium Enterprises (SMEs) in India, and how they work as stepping-stones when applying for small business loans. Now, let’s talk about something that can set the ball rolling for any small business—a business budget. A strategic budget is an essential part of […]
