The new year opens up the door for multifarious new opportunities. Planning ahead of time is non-negotiable for any progressive business firm. Especially when the business is just sprouting, it becomes vital to plan for the new fiscal year in advance.… Read More
WHAT IS CASH BURN RATE?
Cash Burn rate is the rate at which a company is losing money, typically, the amount of money that the company loses in a month. Say a company spends Rs 500,000 in a month (this includes all costs – operating costs and the COGS which is the cost of making the product or service that it is selling) and earns a revenue of Rs 100,000 in the same period; then the cash burn rate for the company is Rs 400,000.… Read More
Union Budget 2020 aims to boost the regressing Indian economy. Its thrust is on protecting domestic industries and accelerating economic development and growth. The small business could cheer as the new budget aims to encourage domestic production/consumption of goods across various sectors with Custom duty rationalization.… Read More
India continues to be a favored destination to start your business. The new year brings new hopes for startups that want to leave a mark, with their innovative new products/business models.… Read More
You are a startup founder, busy in developing something new and embarking on your ambitious path. You are working on auto-pilot and probably have no time to attend trainings/educational programs.You could turn towards reading to keep expanding your horizons since it is the most vicarious form of learning.… Read More