How to Improve Your Chances of Getting a Business Loan: Everything You Need to Know
Learn how to cancel a cheque in 2 simple steps to give to your lender
Cheques as a means of making and receiving payments are becoming less popular with the introduction of online and digital banking and UPI apps like GooglePay and PayTM. Despite this, they remain a form of documentation lenders require when you apply for a business loan or when you open a new bank account. Cancelled cheques can’t be used…
Daily Tip: Create a clean environment for your customers by enforcing COVID-19 rules
Are you ready for Unlock? We know we are! But before you get back to work, make sure you’ve taken all the COVID precautions necessary to keep your staff and customers safe. Makse sure your employees wear masks that cover their nose and mouth, provide hand sanitizer for customers to use, and regularly sanitize your workplace.…
Daily Tip: Your mental health is as important as your physical wellbeing
As an entrepreneur, your business is your baby, and you need to make sure you’re providing your customers quality service and products to keep them happy and your business healthy. But entrepreneurs are also under a great deal of stress right now. With COVID-19 restrictions changing daily, you have the added stress of lockdowns, disruptions…
Daily Tip: How to read your credit report
When you apply for a business loan, lenders check your credit report to decide if they should lend to you or not. Do you know what information is included in your business credit report? Your report has the following sections: Identity and enquiry information Company details Enquiry summary Account summary Location details Relationships details Credit…
Daily Tip: Deadline to deposit tax collected/deducted in July 2021 coming up
The deadline to deposit the tax collected and deducted at source in July 2021 is August 7! If you collect tax at source from your buyers or deduct tax at source for your employees, don’t forget to deposit the collected tax with the tax authority! Visit the Income Tax website for the full August tax…
Top Tips – 7 Ways to Manage Business Growth
Many businesses in their growth phase are unable to achieve their full potential because they don’t manage growth well. This may sound counter-intuitive, but your business needs change when you’re moving from one stage of growth to the next, including the size of your team, focus areas, financing, and growth strategy. CreditEnable is a small…
Can I get a business loan without collateral?
Yes, you can get a business loan without collateral with a CreditEnable lender partner! Such loans are called unsecured business loans and are great for small businesses that are just starting and don’t own any (or many) assets to offer as security or if your business is growing and you need funding fast to meet…
Daily Tip: TCS Certificate for Q1 of 2021-2011 due on 30 July 2021
Do you collect tax at source? Don’t forget, the deadline to provide your TCS Certificate for Q1 of FY 2021-2022 is 30 July 2021. TCS is a tax collected by a seller from a buyer at the time of sale. The seller is required to deposit the collected tax with the tax authority within the…
Do I Need to Get Health Insurance for My Employees?
Having health insurance coverage makes our lives a lot easier. Depending on the kind of insurance plan you have, you don’t have to worry about visiting a doctor if you’re feeling unwell or undergo surgery because your insurer will cover the cost. During the pandemic, health insurance has been able to save the lives of…
Top Tips for Women Entrepreneurs Applying for a Business Loan
The pandemic has caused us to face many unknown situations, and uncertain times call for new and innovative solutions! Many women have been able to rise to the occasion, using this time to transform hobbies and seemingly mundane skills into valuable sources of income generation. Indian women are entrepreneurial by nature. You juggle housework, child-rearing,…