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Information enables, knowledge empowers, wisdom elevates. In this age of smart phones and digital enablement for all, new forms of credit are constantly coming to our door steps; being aware can transform the way we think about funding our businesses. We are passionate about issues that surround small businesses and this space is devoted towards spreading awareness about various tools that can benefit entrepreneurs. Keep reading..

26

Jul, 2016

3 parameters which lenders use to assess viability of a business loan application

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Dear Entrepreneur, If you have tried to borrow for expansion of your business and tried to contact a financial institutions, this question should have definitely crossed your minds that what exactly do lenders want to see when they assess viability of a project? Off late so many entrepreneurs have asked us questions like ..”Am I eligible for Mudra loan? Standup Loan? Business Loan? Equipment Loan?” So we are putting here a simple guide: 1. Entrepreneur assessment An entrepreneur is the core of any business. So the most important criterion for […]

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18

Jul, 2016

Small businesses and the importance of obtaining an insurance cover

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What is Insurance? Insurance is the replacement of earning power. Insurance covers uncertainties and risks. Insurance companies work on the philosophy of mitigation of loss or spreading of risks. Statistics reveal that most Indians are un-insured/under-insured exposing the family to the risk of being burdened with liabilities in case of a sudden death of the bread-winner or even loss to the business. With the advent of the private players since 2001, the awareness towards the importance of adequate insurance has grown multi-fold. The percentage of penetration of insurance has grown […]

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