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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..

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Jun, 2017

Business opportunity in garment manufacturing

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Why start a garment manufacturing business? As per the Indian brand equity foundation research report on Indian textile industry, organized apparel segment is expected to grow at a rate of 13% every year for next 10 years. The factor which is responsible for increased spending is the increase in disposable income. The union ministry of textiles has a target of doubling textile exports in 10 years. What things should be considered for exporting apparels? For trouble free export of apparels, aspects such as apparel quality, high quality packaging, export documentation […]

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Jun, 2017

The business opportunity in Beauty Services

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The beauty services consumption in India has been increasing exponentially since last few years. Consumers are becoming more aspirational which has led to the concept of grooming and beauty to become more important for both men and women. This spells good news for many beauty professionals planning to start their own profitable business in the beauty industry. With specific skills or relevant experience any individual can start his/her own entrepreneurship in beauty industry. The beauty & spa services industry of India has also been witnessing increased competition in number of […]

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Jun, 2017

How to start a beauty salon?

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The beauty industry is vast and growing in the global market. Both men and women want to look and feel better about self and have healthy looking skin, hair & body. Per Ms. Massooma, Editor, at New Age Salon & Spa magazine and knowledge partner for ‘International Beauty Mart’ (IBM) 2014, India’s cosmetics market is reportedly growing at 15-20 per cent annually, twice as fast as that of the US and European markets. Demand for skin whitening products by men as well as women, is driving the trend but other […]

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Jun, 2017

Business opportunity in non-woven bag manufacturing

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What is a Non-Woven bag? Non-woven bag is made from a polypropylene (PP) fabric, which is durable, attractive, water & heat resistant, soft and light and washable as well. It is a better substitute for polyethylene (PE) plastic bags because of its environment friendly properties and longer life of up to 5 years.   Where are these bags used and who are the target customers? Because of its aesthetic characteristics non-woven bags have wide range of applications such as: Shopping bags Gift bags Hand bags with zippers and Velcro Thermal […]

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May, 2017

How to register your MSME entity online for Udyog Aadhaar

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What is Udyog Aadhaar? Udyog Aadhaar is an online registration process for MSMEs to register themselves under MSMED Act, 2006, as an MSME unit. It has replaced the earlier cumbersome process of registration by filling Entrepreneurship Memorandum (EM) 1 and 2. The new universal (one that does not differ by states) online registration process is based on real-time Aadhaar number and OTP based authentication with Aadhaar database and then extracts identification and address data, from the entrepreneur’s data in Aadhaar’s records with UIDAI, for pre-population in the registration process. The […]

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May, 2017

Achieving financial inclusion through digitalization

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A savings bank account – First step towards financial inclusion Often, we hear the extent of financial inclusion being estimated by the proportion of population having a savings bank account. The reason is that a savings bank account is one of the most basic financial products and is usually the first product that is pushed by the Banks to boost the much desired CASA. CASA, an abbreviation for Current Account Savings Account, signifies the total amount a bank has across all its CASA accounts at any given point in time. […]

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May, 2017

How to start a packaged drinking water business

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How does the water filtration plant work? As per the Bureau of Indian Standards (BIS) , the raw water should pass through a series of equipment like Pressure sand media filter (PSF), Activated carbon filter (ACF) & Micron filtration. Next with the help of a high pressure pump the filtered water is passed through antiscalant dosing pump, membrane treatment & UV sterilizer. A separate bottle making and filling machine can be installed or the RO purified water can be sold to bottle manufacturer.   What are the current business opportunities? […]

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