There is a direct relationship between your firm’s growth and its working capital requirement. As your sales grow, your level and composition of working capital, namely, Inventory, Receivables, Cash, Payables, Short Term Loans etc. will also change. Accounts Receivables (AR) is one of the major components impacting the requirement of working capital.
“Deepak Dhamija talking about recently launched Startup booster plan designed for Startups – published in newspaper The Economic Times – Business service providers betting big on Startups with great deals. Complete article given below” After investors and incubators, now business service providers too are betting big on the ongoing startup boom, offering new entrepreneurs all kinds of back-end support from patent protection to e-commerce infrastructure either free or at minimal charges.
From high GMV’s to lowering of valuation, from emphasis on efficiency and even profitability, and a new policy regime—this was the Indian e-commerce market in the first three months of 2016. With over $5 billion worth investment in 2015 and three to four startups emerging every day, India has paved its way to secure the third position in the world in terms of the number of startups, 4200 and counting, a growth of 40%, by the end of 2015. This will further be supported by the new economic regimes set up for encouraging startups in India.
Small businesses are privately owned corporations, partnership or sole proprietor that has fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as “small” in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry.
Efficient Accounts Receivable (AR) controls are an integral part of cash flow management that have serious repercussions on the company’s sales and profits. Accounts Receivable controls must be an integral part of any company’s financial management system. When cash flow problems surface on a regular basis, it is inevitably a sign that Accounts Receivables are poorly managed.
One Person Company was introduced in India through Companies Act 2013, a new concept which brought a great relief for many Entrepreneurs. Section 2(62) defines OPC as a Company which has only one person as a member. He is the shareholder and the Director at the same time.