Days Sales Outstanding (DSO)
Days Sales Outstanding (DSO) is the average number of days taken by a firm to collect payment from their customers after the completion of a sale. As a business owner, you can also view DSO as the number of days it takes for credit sales to be converted to cash, or the number of days that receivables remain […]
Running costs (operating cost)
The running costs of a business are the amount of money that is regularly spent on things such as salaries, heating, lighting, and rent. Businesses have to keep track of operating costs as well as the costs associated with non-operating activities, such as interest expenses on a loan. Both costs are accounted for differently in a company’s books, allowing analysts […]
Term sheet
A term sheet can be defined as a non-binding agreement that sets out the basic conditions for making an investment. It serves as a template for developing more detailed documents that are legally binding.Once an agreement has been reached between the parties concerned on the details set out in the term sheet, an agreement or contract will be drawn […]
Retargeting
Retargeting, also called remarketing, is an online advertising method of reaching out to previous visitors of your website or app, often by displaying ads or sending emails. Retargeting offers an opportunity to recapture potential leads or customers if they left your site without converting or meeting a marketing goal. For example, if a prospective customer […]
Registration as a dealer in tobacco in india
Regulatory Requirement for Obtaining License for Tabacco Manufacturing in India The licensing for Tabacco manufacturing is regulated by The Cigarettes And Other Tobacco Products (Prohibition Of Advertisement And Regulation Of Trade And Commerce, Production, Supply And Distribution) Act, 2003, Section 7 of the act which provides for Restrictions on trade, commerce, production, and other conducts […]
Attrition Rate
Attrition rate is a metric that helps companies identify ways to retain productive employees and loyal customers. Learning to calculate attrition rate can help businesses keep track of average employment duration as well as the costs of recruitment and training, maintaining a customer base and marketing. An attrition rate can be calculated monthly, quarterly or […]
Succession planning
Succession planning is the process of identifying the critical positions within your organization and developing action plans for individuals to assume those positions. Taking a holistic view of current and future goals, this type of preparation ensures that you have the right people in the right jobs today and in the years to come. In […]
RCMC Registration
The RCMC (Registration Cum Membership Certificate) is an authorization document for importing or exporting restricted products according to the Foreign Trade Policy (FTP). Typically, the Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities established by the Director General of Foreign Trade (DGFT) for each restricted product issue this certificate. Moreover, it functions as […]
Seed capital
The term seed capital refers to the type of financing used in the formation of a startup. Funding is provided by private investors—usually in exchange for an equity stake in the company or for a share in the profits of a product. Much of the seed capital a company raises may come from sources close to its founders including family, […]
Appointed Ms. Sangeeta Verma as Member CCI
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 15th March, 2019 S.O. 1382(E)—In exercise of the powers conferred by sub-section (1) of section 8 read with subsection (1) of section 10 of the Competition Act, 2002 (12 of 2003), the Central Government, vide office orderNo. Comp-05/9/2018-Comp-MCA dated the 11th December, 2018, appointed Ms. Sangeeta Verma as Member2 […]