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Statutory compliance refers to the legal framework that the Government comes up with in order to regulate various business aspects, from how a company treats its employees to the overall financial activities it undertakes. Companies need to comply with central and state laws to avoid having strict actions being taken against them. Statutory compliance in […]
The Registrar of Newspapers for India (RNI), more commonly known as RNI, was established on 1st July, 1956. Since then, it has been responsible for regulating and monitoring printing and publication of newspapers and periodicals based on the Press and Registration of Books Act, 1867 and the Registration of Newspapers (Central) Rules, 1956. We have […]
The legal ecosystem of any country is known to be complex due to the presence of numerous terms and elements. And, in order to arrive at the right decision in any business setting, it is necessary to have a proper understanding of these things that tend to help a lot in various facets of both […]
In the business sector, all the employees understand that the company is responsible for resource management to achieve optimal results. Key performance indicator or KPI for business is one of the most important tools used by the management to monitor performance. In this article, we will discuss the Key Performance Indicators (KPIs) in business. What […]
In most cases, a business is set up to achieve a specific objective which could be anything from introducing an innovative product in the market to achieving a specific sales figure or something else. No matter what the said objective is, it is necessary to measure the performance of the business at any point in […]
Starting your own business might sound like a big leap, but with a sole proprietorship, it’s simpler than you think. This is one of the oldest and easiest business models in India. Here, the business and its owner—known as the “proprietor”—are seen as one entity. Imagine it as a one-person show where you call all […]
Many times, individuals are willing to open a startup of their own but feel confused about the business model they want to opt for. If you’re one of these individuals, you’ve landed on the right page. OPC and LLP are two popular choices for opening a startup, but in order to decide which one is […]
Are you looking to enter into the manufacturing of digital weighing machines? If yes, you need to keep in mind that you need to apply for a license for weights and measures to start this operation. Since this equipment is related to commercial usage as people buy things given their weight and pay the seller […]
The Internet plays an important role in today’s economy and society. The rise in the number of internet users has led to the rise in the number of Internet Service Providers (ISPs). There’s a lot of competition out there when it comes to the network infrastructure market but that doesn’t stop the new players from […]
The world of business and commerce is quite intriguing and there are lots of terms prevalent in the domain that are hard to decode by a layman. One such term is ‘enterprise’, which is widely used at various levels in the mention and functioning of a business. Whether you are already running a business or […]