China is a major global industrial hub. Hence, importing goods to India may be a profitable business. But there are a lot of rules and nuances to the importing goods procedure. This step-by-step guide attempts to give business owners wishing to successfully import products from China to India. In 2022, commerce between India and China […]
In a small business, the success and growth of the company majorly depend on the dedication and performance of its employees. Therefore, creating a motivated workforce is crucial for small business owners. It is observed, employee motivation goes beyond monetary rewards and plays a significant role in driving productivity, engagement, job satisfaction, and overall organizational
Choosing and selecting a factory location rightfully is a difficult task for entrepreneurs, especially for beginners. The right plant location is a ‘make or break’ decision from an owner’s point of view. The location of the business is the most important factor influencing its success or failure. It is a long-term decision that should take
It is without saying, starting a small business in India can be an exciting and rewarding venture. At present, India boasts a growing economy and a thriving entrepreneurial ecosystem. In addition, the country offers numerous opportunities for individuals looking to launch their own enterprises. However, you need to do careful planning, research, and understand the
Do you want to start a business, but have no money? It’s a problem for many aspiring entrepreneurs who step back even if they want to start a business. A business definitely requires some sort of capital to start, but there are ways you can do it without any money. Your primary requirement to start
A partnership deed or partnership agreement is an important legal document in India. The document serves the purpose of avoiding unnecessary misunderstanding, harassment, and unpleasant incidents among the partners of a business entity in case of any dispute. Two traditional types of partnerships are possible – general partnerships and limited partnerships. In a general partnership,
In recent times, more and more young graduates, as well as experienced professionals, want to work for startups. They feel that by doing so, they would be adding value to themselves as well as being part of an exciting and creative career. Here, we have explored the pros and cons of working for a startup
Commercial space is an essential thing in any type of business as such. Regardless of, whether you are looking for a retail, manufacturing, or office space, you will need to purchase a space. Generally, we recommend starting a business from a rental location. However, having a purchased commercial space ensures better profitability. Therefore, if you