Recessions can be challenging times for organizations, especially small and medium-sized businesses. With economic uncertainty and declining revenues, companies must adopt cost-cutting techniques to survive the tough times. This blog will explore seven cost-cutting techniques organizations should adopt to help them keep in good books and survive the recession. (Read More: Effect of a global…
The global economy is an interconnected system where the effects of a recession in one country can ripple worldwide. India, one of the fastest-emerging economies in the world, is not immune to the impact of a global recession. In this blog, we will explore the result of a global recession on Indian industries and how…
Mergers and acquisitions (M&A) are complex transactions that require careful consideration and planning. The success of an M&A deal depends on several critical components, which corporates must consider before entering into a transaction. This blog will explore seven crucial elements that corporates must consider for a strong M&A deal. (Read also: 6 Procedures for diversifying…
Starting a new business is always a challenging and rewarding endeavor. While many startups and emerging companies focus on a single product or service, diversification can be a crucial strategy for long-term success. Diversification involves expanding into new markets or offering new products or services. (Read also: Six accounting concepts to incorporate by agency owners)…
As an agency owner, it’s crucial to have a strong understanding of accounting practices to effectively manage your finances and ensure the long-term success of your business. Here are six effective accounting practices that agency owners should incorporate: Keep accurate records: Keeping accurate records is crucial to managing your finances effectively. This includes keeping…
Starting a business is daunting, and one of the biggest challenges that startups face is finding enough funding to get their business off the ground. In India, this challenge is even greater, as access to funding can be limited for many entrepreneurs. However, raising funds for your startup in India can be achievable with the…
Non-Fungible Tokens (Known as NFTs) have been making headlines recently due to their ability to create digital scarcity and provide a new avenue for the ownership and monetization of digital assets. Today, companies and brands are starting to explore the potential of NFTs to promote their brands, engage with consumers, and create new revenue streams….
E-pharma companies have gained significant attention in India in recent years. These companies have provided customers with an easy and convenient way to purchase medicines online. However, with the current strict show cause notice issued to top e-pharma companies regarding state licenses and other related regulations, it has become clear that these companies need to…
As e-commerce has gained significant momentum in India, it has also become a heavily regulated industry. E-commerce companies in India must prioritize compliance with relevant regulations to avoid any legal issues and maintain their customers’ trust. By following best practices for compliance, e-commerce companies can build a reputation as responsible and trustworthy players in the…
Any organization benefits greatly from the financial knowledge and experience that Chartered Accountants (CAs) bring to the table. Whether you are a small corporate owner or a multinational corporation, a CA can provide valuable insights and guidance to help you achieve your financial goals. This blog post shall discuss ten critical tasks a Chartered Accountant…
