Some of the Key Differences between Accountants and Bookkeepers Any business owner would agree that bookkeeping and accounting are two essential functions. In a nutshell, bookkeeping means recording financial transactions, whereas accounting entails the reporting, summarizing, classifying, interpreting and analyzing the financial data. With that, it’s right to say that accountants and bookkeepers have their…
Facing Risks of Outsourcing Accounting Services in India Amid business complexities, many entrepreneurs seriously consider outsourcing services to keep the business focus. The services delegated to individuals and groups outside the company embark on accounting and bookkeeping. Re-introduced at the onset of the millennium, many businessmen found outsourcing services as cost-efficient. However, what used to…
The Truth Behind Entrepreneurship Myths in India The Indian economy is developing rapidly, and the atmosphere is very conducive to starting new businesses. Several startups with innovative ideas have emerged in the last few years, with several of them making huge profits. But several entrepreneurship myths in India are prevalent that are misguiding people into…
The List of the Best Food Business Ideas You Can Start in India If you have a plan to invest your money in a business, then you must consider starting a food business. It is one of the best ventures in India now. There are many opportunities in this sector, and you get the options…
The Essential Secretary Skills You Should Know Before Hiring a Secretary in India A company secretary has a significant role in the efficient administration of a company. They have to ensure compliance with the statutory requirements and also organize the Board of Directors (BoD) work. Furthermore, the secretary has to handle all the documentation work…
What is Secretarial Training and What Are the Benefits of Joining One in India? Secretarial training is a specialized course designed for people who want to become qualified company secretaries. They are also ideal for existing experienced personal assistants who wish to increase their skills base or confidence, and at the same time, gain a…
India’s Key to Jumpstart Economy- The Benefits of Startup India Scheme The Indian government has proven to be effectively adapting to the changes to help its economy move up. Proof of such are the government-instigated amendments in its Companies Act of 1956, which has had several legislative revisions. The latest one is the Companies Act…
Investing Big Bucks in India? Consider Large Scale Industries Investing in a country with a population of over 1.35 billion people is certainly a click among smart businesspeople. However, a big profit would only be possible by digging deeper on what types of business are profitable in India. Going big-time also requires sizable capital investment.…
