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Hidden Aspects You Should Know About Small Business Loans in India

The recent initiatives by the Indian Government such as Make in India have encouraged a spirit of entrepreneurship within the Indian economy. We see a lot of young businesses taking shape and the pace of setting up new enterprises is only going to accelerate in the near future. While it takes a toll on promoters to set up a new enterprise, a key challenge that they face during their growth journey is the lack of adequate business finance. Most of their small business loan requirements could be short-term in nature and not having access to sufficient business finance at the right time could lead to missed business opportunities.

Therefore, it is important for a growing economy like ours to provide structured small business loans to enterprises at nominal interest rates. It must be remembered that most small businesses do not have adequate assets to take secured small business loans from banks, so the role of lenders who provide unsecured business finance becomes important. There are quite a few Fintech companies that have taken shape over the last few years which specialise in providing unsecured small business loans. They provide innovative business finance products that are tailored to suit the needs of young enterprises. Also, since they understand the business finance needs of enterprises, they provide flexibility in the repayment of small business loans.

Small businesses are too focused on their day-to-day operations and seldom have the time to explore beyond traditional small business loan providers. Also, before applying for any kind of business finance, an enterprise should thoroughly evaluate its needs and compare the various capital loan options available. Many-a-time a small business might miss out on key aspects to consider before applying for a small business loan in India. Here we discuss such aspects in detail.

Credit rating of a small business

Most small or young businesses do not have a perfect credit history to qualify for a business loan in India. This hampers them from approaching banks and other traditional financial institutions for taking a small business loan in India. Such institutions demand collaterals as security for providing a business loan in India and also have a long checklist of documents required to be submitted by a small business. The new-age Fintech companies understand this challenge and also the fact that most small businesses might not have a well-established track record as far as capital loan borrowing is concerned. So, they look more at the revenue model of an organisation and how its revenue stream is poised to grow in future. If they feel that a capital loan will genuinely alleviate the cash flow issue and lead to more profitable growth in future, they are more than happy to lend. They offer a variety of small business loans in India, each designed to meet a specific need of a small business.

Unsecured loans from Fintech lenders

Banks and other traditional financial institutions still follow archaic rules and regulations while disbursing a capital loan to a small business. They have tedious processes right from loan application to the actual disbursal of small business loans. Most banks expect small businesses to have healthy collaterals before considering their business finance application. Also, they require small business owners to submit a huge set of financial documents to prove their financial worth. In today’s world, businesses work at a lightning pace and therefore need to take quick decisions. This is especially true of young businesses that work on new ideas and technologies. Therefore, to grab new opportunities, they can’t wait for business finance for far too long. The Fintech lenders understand this need for quick disbursal of business finance and use cutting-edge technology to work on applications for small business loans. You can apply for a business loan in India online or through a mobile app anytime and from anywhere. Just a basic set of financial documents needs to be uploaded. The small business loans are disbursed within a few days of getting approved.

Loans that vary with business need

No two businesses are alike and neither are their needs. That is why there are different types of small business loans available. In case a business is waiting to receive payments from large customers and is short on cash to pay its suppliers for raw materials, it could go for a quick working capital loan. Likewise, a business that is in expansion mode and needs to shift to bigger premises or hire more employees to serve customers could go for business finance that can be repaid over the next few months. Then there is online seller finance that is meant to help e-commerce companies stock up before the advent of a busy season. Supply Chain Finance could be used by small businesses with pending receivables from large corporates to take advances against those receivables. Similarly, Merchant Cash Advance is meant for merchants who receive payments from customers through POS machines. Based on their card transaction history, such merchants could get up to 200% of their monthly settlement value which can be repaid over subsequent months through a fixed percentage deduction from the total card payment receivables each month.

Flexibility offered by an unsecured capital loan

Traditional lenders such as banks offer secured loans as a percentage of the total value of the collateral pledged against that loan. However, unlike banks, Fintech lenders do not require collateral to be pledged and instead decide on the small business loan amount based on the business potential and credit worthiness. The guiding philosophy behind sanctioning of loans by such lenders is that the capital loan should support a business in times of need and aid its growth. They typically offer small business loans ranging from Rs 1 lakh to Rs 1 crore. The loan repayment conditions are flexible and a business can choose to increase the repayment amount when it has more funds available and likewise reduce the amount when there is a cash crunch or if funds are needed to be deployed elsewhere. There is no pre-closure penalty levied should you decide to repay the entire capital loan in one go.

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Business

Rules for Starting Your Online Business

The rising boom of internet sites along with the huge growth in social media means only one thing to anyone with a bit of business savvy. If you haven’t tried to create an online business, now is the time to get one up and running. But like everything else, it isn’t quite as simple as building the website and raking in the dough.

It may seem like that to you, but not everyone who has an online payment gateway on their site is making the cash to keep it going. Want an online business and want it to succeed? Here are some basics to point you in the right direction.

Define Your Business

It is hard to start up a business if you aren’t sure what people want, or who would want it. So, before you do anything, take the time to define what this business will be and why you think it will be a success. Most of the time this means defining a niche in the world of business that is a need that has not been filled by another business.

Or if it has been filled, it hasn’t been done well or there is another aspect of it no one is really looking at right now. If you can articulate this in a well thought out business prospectus, then you may have an idea for a business that is worth spending the time and investment to get it up and running.

Find Your Audience

Netflix is a great example of a company that knew the audience was going to be key to its core business. From the beginning founder Reed Hastings knew there was a need for delivering entertainment to our homes. By offering films mailed directly to our homes, at a loss to his business, he built up a core audience that were willing to pay for this service.

By the time the internet had perfected streaming well enough to deliver movies and television shows directly, he had the audience to deliver them to through his mail order business. Who is your audience and what are you willing to do to reach them? Knowing who wants what you have to offer and finding a way to let them know you have a service they need and want is half the battle.

Monetize from the Start

You may have a great service, but are people willing to pay for it? Some businesses fail because they haven’t found a way to make it easy for people to pay for what they have to offer. You may begin with something that is a free service to build your base audience, or one delivered in an off-line way (see above) but sooner or later you have to find a way for it to pay for itself.

You can bundle your offers to make them more reasonable, use social media to make your pitch or even do the good old fashion two for one sale. But you need to monetize what you offer or it is just a hobby.

Testing One Two Three

Finally, test and retest what you have. Refine what you offer, how your site offers it and how you use social media as you go along. Know that this aspect of your business is always going to be there if you plan to not just survive but thrive.

 

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Business

What are Injectables?

Injectables are the drugs that we take during any medical procedure through an injection. It is the liquid substance that gets pushed inside our veins, later that goes on and gets mixed with our blood.  Some of those drugs are:  gonadotropins, progesterone in oil and GnRH agonists.  Injectables are of two types. One is intramuscular and subcutaneous.  Intramuscular injections are pushed in the muscle tissues of the body, usually the buttocks or any fleshy part of the body. Subcutaneous injections are pushed in the fatty tissue below the skin layer.

The steroid laws are different for different countries. It might not be a legal drug in one particular country without an authentic and legitimate prescription, which has to be signed by a doctor.

Mostly the athletes use anabolic or injectable steroids. They use these products to enhance their performance, physique and stamina.  In order to win a certain game or just to enhance the stamina, many people use synthetic anabolic steroids to achieve that goal. To be at the top of the game, endurance, stamina and flexibility is very important. These athletes already have those attributes; they just hone it and heighten the effects by using those steroids.

Some of the steroids which are commonly accessible to the users are:

  • Anadrol
  • Deca Durabolin.

These are a few names of synthetic anabolic steroids. There is a huge demand for these injectable steroids. Hence there some online stores where they have cheap injectables for sale. Steroids have different forms. Although most of the people are familiar with the oral and liquid form being the most famous forms. Liquid steroid are mainly for the kids who face problem in swallowing the other forms of it. There is Anabolic Steroid which also comes in liquid state, however this liquid form is not swallowing but those are taken in through injections directly in our blood veins. The result being what the body builders and athletes strive for. Before buying or using injectable steroids it is good to have knowledge about them, its effects and side effects. No one likes to face the side effects from using wrong injectables. It requires a lot of trust from your end while making this kind of a purchase through internet. Hence it would be highly advisable that before buying the product one should do a proper research about the product’s functionality and the from they are buying it. They should also read some reviews before committing to it. And lastly they should also consult it with their physicians if that particular injectable will suit him/her or not.

These three steroids are mainly used for gaining mass and bulking up. They are also available in the online stores:

  • D BAL : For muscle growth and strengthening
  • DECADURO : For volume, mass and muscle recovery
  • TRENOROL : For cutting, mass muscle growth ,bulking phases

These three steroids are mainly used for getting a ripped and lean figure:

  • Anvarol: Strength, Energy, ripped muscles with cuttings.
  • Clenbutrol: Fat Loss, Lean Muscle developing, Endurance and energy.
  • Winsol: Cuttings, lean muscle retention, performance and power.

Oral steroids V/S Injectable Steroids

It is a very common question, which of the form of steroid between oral and injectable steroid is more affective.  It has been seen that people who use steroids they prefer oral more than injectable. The oral steroid work fast and they are easier to use too. The changes are more visible and evident in the case of oral steroids compared to injectable. The users they like to think the oral steroid more like a supplement and their usefulness is high too. So it is wise to say that Oral Steroids are much more widely accepted than Injectable Steroid.

 

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Business

If You Have an Online Business, You Need an Online Payment system

We live in a digital world where it is almost impossible to have your business taken seriously if you don’t have not only a website but one that is interesting and professional. For many businesses, that means it must do more than simply tell you what they do, it must have an ability to offer for sale right here on the website what you might sell in your store.

Of course, to do this you would need to have some kind of online payment systems available to your visitors. For many this may sound very intimidating, but the reality is that many website platforms include what is called a “plug and play” piece of software you can simply add to your website to give it the added advantage of an online store. But how does anyone find out how to set this up? We will share a few tips with you that can help you get started.

Start with a Great Website Design

Of course, no one will buy from you if your website looks clunky or if it is hard to understand what you do or sell. That is why everything begins with a great design. Luckily there are tons of great website designs, called themes, that you can upload to your WordPress platform that are free (so is WordPress, by the way). So, taking the time to look through a bunch of free themes and finding one that looks right for you is a good start.

Tell Us About Yourself

Whenever I go to a website for a company I know nothing about, I always head to their About Us page. If you don’t have one, I assume you don’t know what you are doing and move on to another site. Your potential customers will do the same.

That is why it is so important on any site to have an About Us section that tells who you are, what you do and why you are a good place to spend time and maybe even money. Nothing that reads like a promo, just honest introduction is the key here.

Got Partners?

If you are a new company and want to show you are trustworthy, having a page that shows off who your “partners” are is a good idea. It might be your vendors, it might be a company that regularly buys from you or any other relationship. They may not be a huge known company such as Bank of America or Coca-Cola, but it helps if they are established.

Payment and Online Support

This can be a tricky one for some smaller companies but it is vital if you are selling online. One way to get great support is to use an established payment center such as AltaPay that will work with you on this. While the ideal is to have a live-chat help line to give your customers instant help, you can have email or any other way that works. The important thing, very important in fact, is that you have a way for customers to reach you when a problem comes up.

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Business

Financial Benefits You Can Enjoy With A Used Car

People often have the misconception that the used cars are not a good idea. But as far as finance is concerned, it can be a very good medium to meet your daily commuting needs and that also in an affordable way. Used cars are the best options when you are on a tight budget. New cars are good for sure, but the huge sum of money associated with the deal can be overwhelming. This is where the sound idea of affording a used car comes in the picture..

 Financial edges with used cars

The brand new upholstery and the fresh car smell come with a high price tag, whereas a used car will have the added features that the previous owner has installed. In fact, you will be free to make new modifications without any worry. You can save yourself from the worries of dents and scratches too. Less price and fewer worries are a good combination. The financial edges that you will enjoy with a used car are:

  • Best price more savings

The contemporary used car dealers are changing the dimension of the business. Gone are those days when no one could have relied on the used cars. Nowadays, certified technicians measure the usability of the used cars, and the price is set likewise. The depreciation of the new cars makes the used cars very much available in the limited budgets. In this way, you can save a lot of money but get to enjoy the same model and its benefits.

  • Running and overhead costs

The price hike of the fossil fuels is a real concern. Moreover, buying a new car is not a matter of one-time investment. Running a new machine on the road adds many other financial concerns like a tax, insurance, and maintenance. A used car will be capable of relaxing you to a considerable extent when tax and maintenance are the concern. In fact, you can afford a used Hyundai i20 India without paying huge interest rates and insurance terms.

In a nutshell

A used car depreciates lesser than a new one. This means you will be able to fetch a good price even after using it for few years. A fuel-efficient used car is the best way to save money and enjoy the four wheels on the roads. Get your preferred brand in great conditions from the most popular used car dealers by spending less and enjoy the perks of a good car.

AutoVillage is constantly in dialogue with a brilliant selection of used Vauxhall Corsa car dealers so we are bound to be partnered with a dealer in your local area or the towns which surround it.

Find your next Used Vauxhall Corsa Car, browse through the cheapest used listings and the largest selection of Used Vauxhall Corsa Cars. AutoVillage.co.uk has a decent selection of used Vauxhall Corsa cars to help with your research. If you’re looking for a second hand Vauxhall Cars, look no further than AutoVillage, with over 500,000 used cars listed online, no one tries harder to help you.

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Business

How to Create a Cool Presentation

Do you want to create a presentation that not only gets your points across but looks impressive enough to make itself memorable? With the right touches, you could create a presentation that looks cool and stands out – and may even be more effective at delivering information as a result.

To get started you’ll need Movavi Slideshow Maker. It is a simple little program that will make sure you have all the tools you need to make your presentation really ‘pop’.

In fact, you can create a cool presentation from scratch by simply following these steps:

  1. Launch Movavi Slideshow Maker.
  2. Add images as well as video clips to act as slides, or simply choose to add all the media files in a particular folder.
  3. Arrange the slides in the order that you want them to appear by dragging them around.
  4. Adjust the slide duration to determine how long each slide appears on-screen.
  5. Insert customizable captions and titles into your slides using a variety of different styles.
  6. Link together slides with a variety of stylish animated transitions so that your presentation flows more smoothly.
  7. Add background music to accompany your presentation by selecting one of the built-in music tracks or importing your own audio file.
  8. Choose whether or not you want to automatically adjust the slide duration to match the tempo of the background music.
  9. Add a voiceover to narrate your presentation by recording it using your computer’s microphone on the spot.
  10. Apply artistic filters and special effects to transform the visual appearance of any (or all) of your slides.
  11. Save the presentation that you’ve created in any video format or by using one of the presets to automatically optimize it for a particular device or platform.

As you can see Movavi Slideshow Maker has all the elements you’d need to give your presentation a bit of flair. It has numerous other features that could come in handy as well and will let you cut and rotate segments, improve the image quality of slides, and much more.

Now that you know exactly what to do with Movavi Slideshow Maker to create cool presentations, the next step is to try it out firsthand. It is intuitive enough that it won’t take you long to acclimatize yourself to its features, and apply them as necessary to make sure your presentation is memorable.

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Business

How to Ensure Your Business Succeeds in a Competitive Market

business-succeeds-in-a-competitive-market

Running a business is not easy. There are a thousand and one things to think about and if you don’t keep your eye on the ball, eventually something will give. In some cases, circumstances out of your control will sink your business, a good example being a tough recession. In other cases, however, business failure is largely down to poor management rather than the wider economic climate or unexpected advances in technology. We can’t prevent your business failing, but if you read the following tips, it might just keep you on the straight and narrow.

Do You Have the Right Experience?

Anyone can start a business but not everyone is made of the right stuff needed to ensure that a business is successful. You don’t necessarily need an MBA in healthcare management, but the more experience you have, the better. It is certainly useful to have taken a business administration course or have a good understanding of accounting, but if not, at least look for a business mentor to hold your hand during the early days.

Run a Tight Ship

Cash flow – or lack thereof – is responsible for more business failures than any other reason. Once cash flow dries up, it is impossible to pay suppliers, service debt or pay your employees. To maintain a steady cash flow through the business, have a good credit control system and don’t waste money on unnecessary expenditure.

Hire the Best Employees

No man is an island and to be a success, you need to have the right team on board. To ensure you attract good people, offer attractive working conditions. As a start-up, you probably won’t be able to pay a high salary, but you can make up for this by providing other perks, such as training opportunities and plenty of study time for employees who want to undertake further education, such as a healthcare management degree online at George Washington University.

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Have a Digital Marketing Strategy

You can’t afford to be without a strong digital marketing strategy. Online is where it’s at these days, so businesses without a well-designed website, social media accounts, and a budget for online advertising are going to miss out.

Invest in Research and Development

Unless you invest in research and development, the market will evolve and your business will be left behind. Research and development helps you bring new products to the market, stay ahead of the technology curve, and remain competitive. You might not have much money to spend in this area, but there are often tax breaks available for any money you do spend, so speak to your accountant for advice.

Be a Can-Do Person

Successful entrepreneurs, businessmen and women are all can-do people. They don’t quit when the going gets tough. Instead, they fight against adversity and have courage in their convictions. If you have a great idea, don’t give up at the first hurdle. Follow the tips above and your business has every chance of succeeding!

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Business

Benefits of Hiring a Good Accounting Firm in Fort Collins for your Business

Owning and operating a small business is not easy. Apart from determination, talent and expertise you need to have some sense to run your business in order to be successful in your endeavor. But this does not suggest you need to have an accounting background. For your business, consider hiring a professional firm in Fort Collins which offers accounting services. They can assist you by offering services like small and big business advice, taxes, bookkeeping and auditing services. As a business owner, professional accounting services provide to you plenty of benefits.

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Keeps You on Track

Hiring a trusted cpa fort collins will help you in keeping track of your business payments, financial development, business expenses and bookkeeping. Hiring somebody to manage your finances eradicates the financial risks as you avoid serious mistakes being made. Regardless of the size of your business, bookkeeping is quite essential not only for purchase records, sales and daily expenses but also for monitoring all financial transactions. By having a great CPA working for you, you can have a detailed record of all financial transactions. Plus you can predict any possible financial gains or losses.

Teaches you on Financial Decisions

Firms which offer professional accounting services are experts in their field of work. Because they have experience they can offer small business advice on investments you want to make. When you are new to the business, professional accounting services can help you in developing strategies and setting up a great business structure to have a financially stable business.

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Lets You Focus on What You Do Best

Because there’s already a fort collins cpa who concentrates on your financial and accounting needs, you can focus more on the core business activities and techniques to grow your brand. Professional accounting services help you run things smoothly in your business and avoid major financial issues.

Contact O’Dell & Company for best CPA in Fort Collins-

Company Name: O’Dell & Company

Email: info@odellandco.com

Phone: 970-229-0018

Address:736 Whalers Way F-101

City: Fort Collins

State: Colorado

Country: United States

Website: https://www.odellandco.com

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Business

How to Create an Attractive Video Presentation for a Business Project

Do you need to give a presentation regarding a business project? In that case it is important that you make sure your presentation is able to really capture the audience’s attention so that they stay focused on the information that you’re trying to put across. Considering the audience in this case may consist of potential investors, clients, or maybe even customers – keeping their attention could be crucial to the success of your business project.

slideshow_creator_

The key to capturing the attention of an audience with a business presentation is making sure it looks professional and also has a certain polish and flow to it that keeps them engaged. That can be tricky if you’re not used to creating presentations, which is why using Movavi Slideshow Creator can help tremendously.

Essentially Movavi Slideshow Creator will equip you with numerous features so that you can create impressive video slideshow presentations. More importantly however it is so easy to use that you should be able to apply these features almost immediately and at most it will take you a minute or two to figure them out.

With the help of the features in Movavi Slideshow Creator, you will then be able to:

  • Include background music and voiceovers as part of your presentation and even automatically set the slide transition speed to match the tempo of the background music.
  • Add animated transitions between slides to link them together more seamlessly.
  • Enhance any images or videos that are used as part of the presentation.
  • Place customized text fields directly into the presentation slides to create unique-looking captions, watermarks, titles, and so on.
  • Apply different types of special effects and filters to give your presentation a unique atmosphere and appearance.

As you can see the list of choices that will be at your disposal are really going to give you the means to make sure your presentation stands out. On your part the only thing that you really need to do is experiment with the features in Movavi Slideshow Creator so that you familiarize yourself with them and can apply them to the best effect.

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Business

Prevent Cash Flow Shortfall and Save Your Business

Cash flow is very important for all types of businesses. Whether you are in the field of education, health, beauty, arts or entertainment, proper cash flow is necessary. The first year is always critical for the ones who start up a new business. If a company is able to manage its cash flow in the first year, then it is likely to be able to survive in the second year too. But if a company will try to run and flourish a business without any management in the cash flow process, then, even if the business will succeed, it will not go a long way for sure.

Save Your Business

There are many online barter trading companies or systems which help the companies to exchange their products as well as services with other business companies.Theynot only help you to know how to improve cash flow, but they also help to expand your business and profits. It runs on cashless business networking platform and instead of paying cash, it actually runs on the system of barter trading.

It helps to:

  • Expand the networks of your business
  • Reduce the surplus or additional stock
  • Escalate the chances of buying and selling of business
  • Acquaint to a new and fresh marketplace for business

Following are some of the points which will help you to prevent your business from crashing down due to shortfall in cash flow.

Breakeven Point Determination

You should be well aware of the fact as when your company will earn profits. It will not only affect your cash flow, but at the same time, it will help you to set an aim, a target to project the cash flow in future. The moment you achieve your initial profits, start to put your efforts on the management of cash flow.

Focus Should Be On Cash Flow and Not On Profits

This seems contrary to what is said in the previous point, but it is essential to use the breakeven points as the bench mark. Once you have reached the breakeven point, even if your business is earning profits, you will still have to manage your cash flow.

Maintenance of Cash Reserves

While running a business, you are bound to face cash shortages. And it is during that time the survival of your business will depend on how you will plan through that phase. If you already have ample cash on your bank account, you can manage your cash flow with it and then you need not take stress for the shortfalls.

Using Spreadsheet for Forecasting Cash Flow

It will be really very beneficial for your company if you can set a target in the coming 6 to 12 months for tracking the finances and for avoiding any type of shortfalls. And this will be possible if you can keep a spread sheet for listing down the monthly incomes and costs. Also, note down the seasonal variations in it.

Inspiring Customers for Faster Payments

This is another option to control the cash flow process of your business. Offering early payment discounts to the customers and keeping the requirements of credit strict is a good method. It is also recommended to launch a written standard set, determining clearly the eligibility for credit. And at the same time you should impose those standards strictly.

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