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[admin | 7 Sep 2017 | No Comment | 162 views]
The Most Comprehensive Compilation of GST Issues #India

Latest reports indicate that about 44 lakh businesses have filed GST returns taking revenue collections from GST to about Rs 94,000 crore. As business owners, entrepreneurs, tax professionals and accountants grapple with various issues, here is an attempt to create the Most Comprehensive Compilation of GST Issues in India – both policy as well as implementation issues. If we have missed some issues, please email to admin@bizvidya.com to have them added to this list.

Operations »

[Amarendra Srivastava | 27 Apr 2016 | No Comment | 785 views]
Welcome To Sociocracy – A Magic Wand For Ventures at Rapid Growth Stage!

There is no doubt that to create a successful startup, one needs grit, determination and perseverance. Often, this is achieved by single-minded focus of usually one or sometimes more co-founders, with the support of a passionate and loyal team. This core group endures and transcends it all – long working days and nights, low salaries, deeply frustrating moments, multiple pivots and so on. Most of the members of this core group are superheroes who singlehandedly take on innumerable complex tasks and complete them with scarce resources. This persistent hustling leads to that first big moment of success – either a multi-million dollar purchase order or the first infusion of big funds or, simply, reaching the threshold revenue level that holds promise of no looking back.

Cash Flow, Strategy »

[Shel | 8 Oct 2012 | No Comment | 8,112 views]
Three Ways to Lower Costs and Boost Profits by Going Greener

Every business wants to increase revenue and cut expenses. How about if you do both of those things, and help the planet at the same time?
How? By going greener in your business.
Yes, I know—you’ve heard for years: “I’d love to go green but it’s too expensive and difficult!” Maybe you’ve even said this.
The good news is that’s nonsense. Done the right way, going greener can be easy, cheap, and profitable.
Let me say that differently: sure, there are plenty of expensive, difficult ways to green a business. But there are also lots of ways to go greener that you can do quickly and easily, for little or no cost.

Cash Flow, Featured »

[Amarendra Srivastava | 12 Nov 2009 | No Comment | 4,356 views]
BizVidya Guide: Reduce your Days Sales Outstandings

Days Sales Outstanding (DSO) is your company’s average collection period.

The smaller this number, the faster you are in collecting money from clients.

Depending on the nature of your business (for example, number of transactions, customer profiles, and competition), you may choose from a variety of strategies and tactics to reduce your Accounts Receivables Average.

Accounts, Featured »

[Amarendra Srivastava | 12 Nov 2009 | One Comment | 4,587 views]
BizVidya Guide: Set-up Error Free Accounting Systems

The deadline for filing Corporate Tax Returns for FY 2008-9 in India, September 30, 2009, just passed by. This date was known a year back.

Many businesses did not file the returns on time, and would be paying late/penalty fees!

Accountants and Business Owners “know” about this deadline much in advance. But, the balance sheet is finalized on the last day, after days of frenetic late night error fixing by the accounting team and auditors. If you have a relatively large-volume business, the COST of such an approach could be HUGE