Your Dad will want you to take over his small business when he decides to retire. Inheriting and taking over your father’s business venture gives you a massive advantage as you are..

There is no age bar for becoming an entrepreneur as you can embark on the path of entrepreneurship at any time and become a successful business owner, regardless of your age..

Cash flow and profitability are two crucial parameters that enable us to evaluate a business enterprise’s financial health. While positive cash flow indicates that more..

One of the major impacts of the onset of Covid-19 pandemic is that work-from-home and virtual meetings have become the new normal for a vast cross-section..

Frugality means taking every possible step to save money by curtailing unnecessary expenses. For instance, when setting up their first business ventures, most of the..

If you depend on sources outside your venture for funding your business activities, then it is called external funding. oans from banks or individuals as well as funds from investment firms..

You may get the best advice about something you are planning to do from someone who has been there before and done that..

Every successful business owner knows that merely having a great idea is not going to guarantee success. As an entrepreneur, what is more important is your determination..

Automation is no longer a choice for small and medium enterprises but a necessity because of the rapid changes occurring in the business and industrial sector across..

The insight and ability to make good financial judgments as well as take prompt and sound financial decisions wherever and whenever required, is known as financial acumen.

“The devil is in the details,” is a well-known truism that entrepreneurs on the verge of setting up their own business ventures should never forget. That is because when one is in a hurry to get the business started..

The three important financial statements are the Profit & Loss Account, the Balance Sheet and the Cash Flow Statement. They enable us to evaluate the financial health of a company as well as its risks and potentials.