23 February 2020

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Money Management

Raising the Funds for Start Ups

By Vandana Goel

Raising the funds is an essential aspect to start a business. Any great idea and well written business plan would not work without start up capital. For most entrepreneurs, funding is the key when starting a small business. In reality; it is not easy to get funding. You must need to prove yourself first before anyone can be able to lend you that kind of money.

Year-end Financial Tips for Small Businesses

Year-end Tips for Small Business- By Vandana Goel

1. Update Your Accounting: It's important as part of your year-end tax strategy to have a good understanding of your company's financial situation. Spend extra time ensuring your books are up-to-date and accurate. It won't hurt to plan time with your accountant for year-end advice, particular to your operations.

Brushing up Financial Know-How, Key to Success

Despite the recession blues, Indian banks and financial institutions (FIs) are sitting on mountains of money. Yet they slam doors on majority of small and medium entrepreneurs. Shocking, but they cannot help it.

Don't be Penny Wise, Pound Foolish!

I may here quote a line which I had read somewhere during my studies on personal finance management- “Measurement is the first step in Management”. A manager needs to measure or track his income, expenses and investments to manage his business effectively.

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