Delhi Trade License
Trade license is a certificate/ document that permits a company to carry on the business or trade activities in a particular municipal limit for which it is issued. In Delhi, Trade License is issued by the Municipal Corporation of Delhi (MCD) to traders and establishments to monitor and regulate the various trade activities at the […]
Letter of Intent (LOI)
Letter of Intent (LOI) is a short non-binding contract that precedes a binding agreement, such as a share purchase agreement or asset purchase agreement (definitive agreements). There are some provisions, however, that are binding such as non-disclosure, exclusivity, and governing law. The main points that are typically included in a letter of intent include: Transaction […]
handloom industry in india
India is known for its handloom industry. It requires artisanship to produce handloom and many times the whole family is involved in the family handloom business. However, do you know the length and breadth of the industry? This article elaborates on what a handloom industry is, an overview of the Indian handloom industry, examples of […]
HPCL Petrol Pump Dealership
Petrol pump business is a lucrative business with good returns is a general perception among the significant proportion of total population in our country. However, petrol pump profitability has been transformed dramatically over the past decades. The growing number of vehicles across our country has led to an increase in fuel demands and ultimately increases […]
Copyright of Sound Recording in India
The Indian Copyright Act, 1957 provides the provisions to grant the copyright of unique work. Copyright ensures musical, creative, artistic, emotional, architectural, cinematograph films, computer programmes and sound recordings. Copyright in sound recordings is fairly limited and restricted than copyright in different works. Copyright of Sound Recording in India A sound recording is dependent on a series […]
customer feedback
Customer feedback is information given from your customers about the quality of your product, customer service or any processes or transactions at your company. It’s all about meeting customer requirements. In fact, there is no better and more reliable source of knowledge about your company than customer feedback. What is customer feedback? Customer feedback is information customers share […]
Should Profit be the only measure of Company performance?
Although the two terms are used interchangeably, profitability and profit are not the same. Both are accounting metrics that are used to analyze the financial success of a company, but there are distinct differences between the two. To adequately determine whether a company is financially sound or poised for growth, investors must first understand what differentiates a company’s profit from its […]
Business to government (B2G)
Business to government (B2G) is the marketing and sale of goods, services, and information to government entities. The term applies to all government entities at all levels — federal, state, and local. Government contracting is lucrative for thousands of businesses of every size. In fact, many startups survive and thrive thanks to government business. A key advantage […]
Co-operative Credit Societies in India
Credit co-operative societies are credit institutions characterized by member ownership and control. Registered with the primary goal of fostering economic and societal progress, they emphasize providing accessible credit at fair interest rates. There are different types of business organisations, one such form is of cooperative society. Cooperative societies are formed with the aim of helping […]
Purchase Order
A purchase order is a legal document form used by a buyer and sent to a supplier for an order. A purchase order specifies items, quantities, prices, and credit terms for a purchase from the vendor. A PO becomes a legally binding contract when a vendor accepts the purchase order. What is a Purchase Order? […]