What is Good & Services Tax (GST) in India?

In this changing environment, various taxes have been formulated and eliminated. In the midst of all this, GST is has been one of the major taxes overhaul in recent times. Today, we will discuss GST, its components, benefits and how it has changed the economic scenario of our country.  Let us begin with a very simple question: What is GST … Read More

10 Techniques For Inventory Management and Control Cost

Imagine a fully functioning retail store with low costs, high-profit margins, smooth audited stock movement and close to zero dead inventory. A holy grail of perfect inventory management! That sounds like next to impossible, right? With lots of discipline and techniques that are listed in this document, you can run your store with low costs and high-profit margins. Retail stores … Read More

Receiving inventory made easy: Best practices

Inventory is money in the retail business. Retail stores hold inventory, so it important to make sure the entry and exit of it are closely monitored. Receiving inventory efficiently is the first step towards successful inventory management. Any error in this step can have a cascading effect on the future management of the inventory. Therefore it is a small yet … Read More

10 inventory metrics every Indian retailer should know

For a growing retail business, managing inventory turns out to be one of the most important aspects of running the business. Maintaining the right level of inventory is important for retailers so that they don’t end up losing sales because of the non-availability of stock.  Retailers do every possible thing to maintain the stock… but it is a tough job, … Read More

eCommerce data – Why should sellers maintain?

Selling online is no piece of cake. With so much to take care of sales, orders, returns, payments, accounting and more that too at multiple marketplaces it becomes hard to understand the most relevant information that must be captured to make the most out of it. Today, we will talk about 4 types of data every eCommerce seller should maintain: … Read More

Scaling Operations For Festive Season

Festival season is coming and every marketplace is expecting a huge jump in orders. As per a report published in Economics Times, this year the major marketplaces are expecting a 3X jump in shipments compared to last year. What does this mean to you as a seller? Every seller on these marketplaces can expect a 2X to 3X jump in … Read More

Why Branded Manufacturer should sell directly online?

We often come across questions as to why branded manufacturers should sell online when the visit-to-store culture has been a part of our lives for so long. Well, ask yourself why not? In the past, the ideal approach for a branded manufacturer would be to identify the market where he or she thinks the product will have a demand. Accordingly, … Read More

How to register a proprietorship firm in India

These days, we witness a lot of startups making their way into the world of business. The world is buzzing with young enthusiastic entrepreneurs tinkling with astounding ideas and concepts waiting for the whole world to take advantage of. Such an enterprise or a business that is run by a single individual is termed as “Sole Proprietorship”. Generally, in a … Read More

How to start selling online

Online selling has been creating a buzz over the years. There is growing a frenzy among companies of all sizes and nature to jump the bandwagon to mint money. Though companies sell products and services through physical stores, selling online helps target a wider market. eCommerce biggies with the likes of Flipkart, Amazon, and more provide the best online marketplace … Read More