Start a Clothing Business in India in 15 steps!
Zybra
by Deep Patel
1y ago
Starting a clothing business in India typically involves the following steps: Identify your target market and product niche. This will help you to focus your efforts and determine the type of clothing you will offer. You should carefully research your target market and identify their preferences and needs, as well as any potential competitors. You should also consider your own strengths and interests, and choose a product niche that is in demand and that you are passionate about. Develop a business plan. A business plan is a crucial tool that will help you to define your goals, identify your ..read more
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How to start your own consultancy Business in India?
Zybra
by Deep Patel
1y ago
Starting a consultancy business in India typically involves the following steps: Identify the specific area of expertise that your consultancy will focus on. This is an important step, as it will determine the type of clients you will target and the services you will offer. You should carefully consider your skills, experience, and industry knowledge, and choose an area of focus that is in demand and that you have a passion for. Develop a business plan that outlines your vision for the consultancy, your target market, your key differentiators, and your financial projections. A business plan i ..read more
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What is Depreciation & How to Calculate Depreciation?
Zybra
by Deep Patel
1y ago
In accounting, depreciation is the process of allocating the cost of a tangible asset over its useful life. This is done by recognizing a portion of the asset’s cost as an expense each year, rather than recognizing the entire cost in the year the asset is acquired. This helps to ensure that the financial statements of a company accurately reflect the value of its assets, and it allows the company to spread the cost of the asset over its useful life. Depreciation is a common accounting practice that is used to reflect the gradual decline in value of an asset over time. There are several methods ..read more
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Difference between profit maximization and wealth maximization
Zybra
by Deep Patel
1y ago
Profit maximization and wealth maximization are two commonly used strategies in business and finance. While both strategies aim to increase the financial success of a company, they differ in a number of important ways. Profit maximization is a strategy that focuses on maximizing the amount of profit generated by a company. This can be achieved by increasing sales, reducing costs, or a combination of both. The goal of profit maximization is to generate the highest possible level of profit within a given time frame, regardless of the long-term consequences for the company or its shareholders. In ..read more
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Zybra in Partnership with Cashfree, make Invoice Payment Collection Faster & Easier for Indian Businesses
Zybra
by Deep Patel
2y ago
Lets accept it, Invoice Payment Collection & its reconciliation is a pain for Businesses! First you send the invoice to the customer, then after multiple reminders you get receive payment, sometime partial, sometimes in cheque(which again has to be deposited into bank account, which takes another day to get deposited) It doesnt end here, once you get the payment into your account, the transaction has to be recorded for maintaining the ledgers. Also GST & other financial reports are a part of the routine! We at Zybra talked to many Business Owners and found that ther ..read more
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10 best business ideas for 2025 in India
Zybra
by Sparsh Shreya
2y ago
The future of the business industry is based on a multiplicity of possibilities and the potential of individuals. It is based on people’s willingness to take risks and not waiting for something to happen. They don’t wait for a change but are the ones who bring an altering revolution. We attempt through this article to provide the 10 best business ideas for 2025 in India. Being a developing country India exhibits a lot of potential domains and disciplinary areas for the proposition of budding businesses. Especially in fields of international trade, technologically inclined services, governmenta ..read more
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Benefits of e-RUPI & How its revolutionizing Digital Transactions
Zybra
by Sparsh Shreya
2y ago
In these digital times, everything is online and payments are by cashless methods. Our esteemed Prime Minister Narendra Modi launched the e-RUPI digital payment solution on 02 August 2021. It is an initiative by the National Corporation of India in collaboration with the department of financial services, health ministry, and the National Health Authority. This is a QR Code or SMS string-based e-voucher with the idea of contactless and cashless transactions. It is based on UPI systems. The users who post the one-payment system can redeem the voucher. This is possib ..read more
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How to Start a Photography Business & earn money?
Zybra
by Shrotriyo S
2y ago
Photography is something a lot of young people find comfort in doing. The photography business offers an attractive alternative to the other traditional businesses. If you feel photography is your calling and you’re willing to invest in your passion, this article would offer some helpful insight. Here, is how to start a photography business & earn money from it.   How to start a photography business?   Starting a photography business is easier than you think, you could simply start by looking up websites to sell your photos. This option is easy and quick, and involves minimum inv ..read more
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Highlights of 44th GST Council Meeting
Zybra
by Shrotriyo S
2y ago
The 44th  GST council took place on 12th June 2021. The GST council meeting primarily tackled the COVID-19 pandemic cutting, revising tax percentages from the different types of essential services. The 44th GST council meeting took place under the chairmanship of Smt. Nirmala Sitharaman the union Finance & Corporate affairs minister. The GST council meeting  attended by  was further attended Union Minister of state for finance Anurag Thakur. Furthermore, the finance minister of all the States and Union Territories (UTs) were a part of the 44th GST council meeting. This meeti ..read more
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3 golden rules of accounting
Zybra
by Shrotriyo S
2y ago
The 3 golden rules are the internationally accepted rules of accounting. Every economic entity is liable to produce its financial transactions to all its stakeholders. The financial information presented must accurately reflect the financial standing of the entity. For this reason, accounting of all transactions plays a very important role. As separate entities are compared to understand their financial status, the accounting standard should be uniform. The 3 golden rules of accounting establish this uniformity, as it is the basis of passing journal which is the basic building block of all acc ..read more
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