Special economic zones, as the name suggests are areas of specific economic activities where the economic laws are more liberal than the laws governing the economy of the country. By declaring a geographical area as a special economic zone all businesses in that area are either exempted from paying tax(sales, excise, customs) or if there [...]
Real estate is not only about buying you a home but is also a very popular form of investment. Though investing in real estate leaves you with a huge scope for making a lot of money there are a lot of issues and technicalities to be dealt with when investing in real estate. The most [...]
Micro Finance is referred to any financial service which is offered to the low income population. Poor people with very low incomes are the beneficiaries of micro finance. This method, which generally deals with money lending, it may be in the form of group lending or even pre loan savings environment has gained momentum only [...]
Your Business will always come against an event where you may need to get into get into negotiations with certain individuals or companies. Here are some tips for you so that you can make sure the negotiations go successfully, or maybe even better than expected.
Always make sure you aren’t [...]
Microcredit is the new rage, where microloans (very small loans) are sought for entrepreneurs who don’t have much money to even start a business. These particular people cannot achieve a normal loan sanction because they have no verifiable credit history, no collateral to back them up and an unsure income.
Microcredit is a financial innovation that [...]
One has many options when negotiating unsecured debts
Option 1: Bankruptcy
Bankruptcy should be a last resort option. This will ruin your credibility and you will face trouble in the future when acquiring a loan.
Option 2: Debt Consolidation Relief
Debt consolidation relief allows you to pay a lump sum of all you debts to the institute. This is [...]
Here are some tips for improving retail sales:
1. Believe in your product. Ensure that you have faith in what you are selling and if you don’t, you should still be able to effectively market the product.
2. Know your customer. Understand who you are selling your product to maximize sales. You should be able to communicate and convince [...]