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With the declaration of the Union Budget 2021, many startups and MSMEs took a sigh of relief as the budget proposed an extension of eligibility for startups for claiming tax holidays, alongside the capital gains exemption for investments in Indian startups till March 31, 2022.

They are like two persons of opposite nature who take a lot of time to settle and stay together. Since startups have to start from scratch, they are in need of money constantly. But pumping money in a new business is not that easy as financial institutions seem to be a little less preferential in giving away loans to startups. Thus, it is with the help of personal finance options that the business owners keep the ball rolling.

The Startup Inception Usually a Startup is a group of recently passed out inexperienced persons with an idea to bring disruption and change the world by their products and services.

Being an entrepreneur, you understand the challenges of running a startup. There's a lot to overcome in terms of expansion and stability, and you have to do everything from the scratch, in the right way. However, some businessmen beg to differ and take a different route altogether, i.e., buying an existing business. At least, it's a relief for them to escape the painful startup period.

Why Proper Invoicing Is Important For Any Business. Most of the Small Businesses or Startups ignore this part to manage, then they fail to track their expenses.

Why Proper Invoicing Is Important For Any Business. Most of the Small Businesses or Startups ignore this part to manage, then they fail to track their expenses. In the business world, Invoice is what proves to be a legal record of a sale of product of service. It is through the invoice that business enterprises do their finance management and it is through the invoices that sellers get paid by the buyers. It is with the help of invoices that companies show their income and gets assessed for tax. Thus, it is the basic unit of finance management.

In the business world, Invoice is what proves to be a legal record of a sale of product of service. It is through the invoice that business enterprises do their finance management and it is through the invoices that sellers get paid by the buyers. It is with the help of invoices that companies show their income and gets assessed for tax. Thus, it is the basic unit of finance management.

Learn lessons do not end up repeating blunders businesses commit. Here are 10 reasons why MSME fail. Don't let these mistake harm your business. For most of you, startup lives seem magical, but the reality won't match that well. When you enter the world, you will come across unsustainable bubbles and dizzying valuations, which will make these businesses really tough to consider. If you ask credit reporting agencies, you will realize that around 70% of businesses will fail within a period of 10 years! As per the Bureau of Labor Statistics, this failure in businesses can be due to economic climate even though the numbers are subject to vary, based on different industries.

Credit Fraud and Identity Theft are the two nightmares that might haunt businesses at some point time. All the more, like nightmares, these come suddenly and might affect businesses that are on a guard. It is said that even the most vigilant ones too lose their information online or offline and become victims of business credit fraud and identity theft.

The number called as the Credit Scores is the moniker of your company credit worthiness. It decides how strong your company is in the eyes of the credit agencies and how well is your business in terms of finances. The score is maintained by credit bureaus in the country and is used by banks and other credit agencies like the non-banking finance companies (NBFCs) to determine the financial worthiness of your company. There are a lot of factors on the algorithm that decide the score.