Tag: Financial management

Gross Profit Margin and Markup

Gross Profit Margin and Markup

Business development needs proper attention, skill, hard work, and professionalism. The progress of business requires time as well as money. Finance is one of the essential components of any business and startups. If the finances are not managed properly, thenit can eventually cause declining in the industry. The big companies hire a team of professional persons, who keep a check on the monetary affairs, the sales, the profits, etc. any business or company aims to increase sales and profits by gathering more customers. For which, they need to be very cautious and focus on the investment.

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Fleet Management; New Way to Fuel Your Car with Ease

Running a fleet can be overwhelming, especially if you haven’t put measures that facilitate efficient operations. Among the areas that can cause havoc is fueling the fleet. Fueling your fleet can’t take the back seat since it is needed for the cars to run.

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Is It Enough to Have a Group Health Insurance or Should You Buy an Individual Health Insurance?

Standing where we currently are both economically and sociologically, it is perhaps a little redundant to talk about the benefits that health insurance policies can bring for an individual. By now, most of us know why we should have a comprehensive healthcare policy in place.

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ULIP Or SIP – Which is The Better Investment Option in India

All of us do not understand the importance of investments unless someone explains it to us why it is essential. Young professionals mostly spend most of what they earn, and save absolutely nothing. This is what most parents nag about every month, if their child makes and keeps nothing.

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Eco-friendly Bitcoin Mining: A Sustainable Solution?

Bitcoin’s Energy Consumption

In theory, Bitcoin mining can be compared to the process of mining for traditional metals, such as gold, copper, and platinum. While ‘traditional’ miners search for gold by hacking away at rocks, Bitcoin miners work to find the exact code that will provide them with valuable assets. However, Bitcoin miners extensively use the power grid in order to generate  revenue.

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Here’s Why You Should Accept Credit Cards in Your Small Business

Thanks to mobile card reader technology, it’s easier and cheaper than ever before for small business owners to accept credit card payments. If your small business doesn’t take credit cards, it’s time to change. Why?

Simple — it’s because accepting cards can be the best thing you’ve ever done to grow your business. You’ll attract more customers, make more sales, improve your cash flow, shore up security, slash expenses and more. Here’s why your small business needs to start accepting credit cards, sooner rather than later. Continue reading “Here’s Why You Should Accept Credit Cards in Your Small Business”

What is SIP – All about SIP and SIP Calculator

With growing awareness about Mutual Funds, What is SIP is a very common question asked by those who are new to mutual funds. Simply speaking, SIP is a method of investing a fixed amount, regularly – weekly, monthly, quarterly or annually in a mutual fund scheme. SIP allows you to buy the units of your chosen scheme on a date/s chosen by you. You can invest a fixed amount in a chosen scheme every week, month or quarter, depending on your convenience through ECS (auto-debit from your bank account) facility or through post-dated cheques. Continue reading “What is SIP – All about SIP and SIP Calculator”

Make your Money work in your Interest

Recently SBI slashed interest rates and introduced a two-tier interest system for savings accounts, whereby savings accounts with less than 1 crore deposits will incur just 3.5% (this is a drop from 4%, which is the continued rate for deposits over 1 crore) The reason given behind the change was that, a decline in Inflation must be met with a corresponding decline in the savings rate. Continue reading “Make your Money work in your Interest”