VC or Venture Capital funds are raised by venture capital firms. These firms comprise professional investors who collects majority of their funds from large investors and institutions. In a VC firm, professional investors are in charge of managing funds and works with start-up companies to ensure that the start-up business is growing in the right and profitable way. Those … [Read more...] about How Venture Capital firm and Fund works for new emerging businesses
What is Seed funding for start-ups and how it works
Start-ups companies require funding to support their operations, product development and office administrative expenses at seed-stage before generating cash flow from services or sale. Amount of fund always depends on the type of project and requirements. The earliest round of funding for a newly start-up company is called seed funding or early state funding. This means it’s … [Read more...] about What is Seed funding for start-ups and how it works
What is foreign currency exchange rates and how Currency conversion works
Currency Exchange rate is the price of the currency on a particular date. It’s like price of potatoes in a super market. For instance, if potatoes are selling at the price of 5 per one INR then we can take INR to potato exchange rate as 5. This means by giving one Indian rupees we get 5 numbers of potatoes. Similarly, potatoes to INR exchange rate will be 1/5. This means by … [Read more...] about What is foreign currency exchange rates and how Currency conversion works
How Money laundering works in India and abroad
Money laundering happens in all most all countries including India. Recently global giant HSBC has been charged for money laundering cases. As per TOI report Indian tax department has served summons to HSBC. In this article we will discuss what is money laundering and how money laundering works in India and abroad. At the end we will also look into some real life money … [Read more...] about How Money laundering works in India and abroad
How employee stock option plan or ESOP works
ESOP or Employee Stock Option Plan is a benefit plan for employees in which if employee wants then they can become owners of the company. Companies in India and abroad use this method to attract and retain talented employees within the organization. Many companies are also able to manage the employee turnover through this method. In ESOP, an employee will be allotted stocks … [Read more...] about How employee stock option plan or ESOP works
How network marketing or multi level marketing scheme works
Multi Level Marketing or MLM schemes are known as referral marketing or network marketing scheme, where products or services are offered on a one to one basis by a sales person of the MLM Company to the end consumer instead of using traditional distribution channel (Distributors-retailers-consumers). These sales people in Multi Level Marketing are known as participants or … [Read more...] about How network marketing or multi level marketing scheme works
World’s 8 biggest corporate scandals of all time
In 2009, Satyam Computer Services’s chairman Ramalinga Raju has confessed that the company’s book of accounts has been falsified and he had manipulated the accounts by Rs 14262 crore (USD 1.47 billion). On December 2014, Hyderabad Court sentenced Satyam founder B Ramalinga Raju and his brother Rama Raju to 6 months in jail and imposed a fine of Rs 5 lakhs on each of … [Read more...] about World’s 8 biggest corporate scandals of all time
5 best free accounting software for small and medium enterprises
Good accounting software can help in automating many of our business processes and can also be used to produce detailed reports to know precisely how we are doing. Choosing the best accounting software for you business can be a difficult task before you get started. If you are a freelancer or small business owner and do not want to spent money initially on accounting … [Read more...] about 5 best free accounting software for small and medium enterprises
Important features of Personal Accident Insurance Policy in India
Personal accident insurance policy offers compensation in case of death, partial or total disability or mutilation resulting from an accident. Personal accident insurance policy is equally important as compared to life insurance and health cover. For instance, let us assume that a person meets with a road accident which causes a disability and due to this incident the … [Read more...] about Important features of Personal Accident Insurance Policy in India
What is crowdfunding and how does it benefit startups
An entrepreneur in India or abroad has many options to seed money to start a new business. Generally for funding, they approach banks to take a loan or offer equity shares in return of investments from angel investors or venture capital investors. When these options are not available, entrepreneurs have option to use crownfunding. Crowdfunding by definition is a practice of … [Read more...] about What is crowdfunding and how does it benefit startups