For majority of the startups, Financial and Legal compliance has always been the least of the priorities because founders either do not have the time or do not want to focus on it.… 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 have a thriving start-up business, with your co-founder(s) by your side. With your combined knowledge of the business and passionate plans, strong relationship with your customers and contacts and significant experience in your market sector, your co-founders and you have managed to turn a vision into a flourishing company.… Read More