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Showing posts from July, 2018

Swimming pool and relaxation centre

Swimmer pools in india hold an untapped and growing opportunities. Swimming pools are in popular trend nowadays, so its the perfect time for exploiting this opportunity and take a step further towards your dreams. The cost of pools is very high. An average pool of 35×60 costs around 50 lacs. Since am referring new and young entrepreneurs, acquiring a ready made pool on rent may be a better option for you guys. This will lower your capitan need really low avg. Rent for pool can be 20,000 - 50000. Electricity and other expenses added it can be lowered to as much as 50000- 70000. Whereas returns on this investments are really high. Additionally to this we have seen a great awareness among people regarding their health and what place could be better for meditation than near fresh water in open air. You can run meditation or relaxation exercises in the morning when you have considerably low customers. In both these services you may provide your customers with beverages and snacks and thi

WORKING CAPITAL LOAN | HOW TO APPLY | BASIC GUIDE

WHAT IS A WORKING CAPITAL LOAN?                                 A Working Capital loan is a loan for Micro, Small and Medium Enterprises to cover the Working Capital cycle as well as meet the daily operational costs. WORKING CAPITAL LOAN | FEATURES ●       Working Capital finance by nature has a short tenor of usually 12 months and requires collateral. ●       Collateral accepted for working capital loans include: ○       Stock ○       Book-Debts ○       Additionally, banks may ask for Commercial/Residential property as incremental security ●       The types of facilities for working capital loans include: ○       Overdraft Loan/Cash Credit Loan ■       An overdraft loan or cash credit loan allows businesses to borrow money through a Current account and pay interest on the amount borrowed. ○       Letters of credit ■       A Letter of Credit is when a bank assures a buyer’s payment to a seller will be received at a specified time with the

Startup idea for gym and fitness centre

Gym and fitness centre In today 's modern society where people are totally busy running behind money, you can make money by letting people run.  Don't know how? Lemme show you. Modern society where people only care about money and status and totally neglect their health has led to some serious problems. Now people are getting health cautious and this situation can be turned into a profitable business. Setting up a gym and fitness centre could help you make money more than you can imagine, only if you know  what to and how to serve your clients. The budget of gym and fitness centre mainly depends on size i.e the equipments you're using and the space you need. I'll try to give you a rough estimate of how much capital can help you set up a gym and fitness centre as well as some additional tips to ensure extra income from it. Rent=15000 Equipment =300000-800000 Electricity and other expenses= 10000 This is the approx capital needed for gym set-up addition to this yo

Best Books for entrepreneurs

  Top 7 Books Every Small Business Owner Must Read #1. The 7 Irrefutable Rules of Small Business Growth by Steven Little If you’re a small business owner or an entrepreneur just starting out, Steven Little’s book, “ The 7 Irrefutable Rules of Small Business Growth ,”  is a must have on your reading list. You will find answers to all your most important questions on topics such as technology, business plans, hiring, and much more. This book can work as a strategy book for most small business owners. This book presents the straight truth on small business success. It doesn’t offer cure-alls for every small business. Instead, it outlines real, effective principles for continued small business growth and success. Written by business growth expert Steven Little,  The 7 Irrefutable Rules of Small Business Growth  skips empty small business positivism in exchange for real-world, practical solutions. This book empowers small business owners to thinK big. #2. Rich Dad, P

Unsecured Business loans

UNSECURED BUSINESS LOAN | HOW TO APPLY | BASIC GUIDE What is an Unsecured Business Loan? An Unsecured Business Loan is a loan without any collateral/security that helps SMEs and startup companies raise debt for purposes such as expansion, project financing or equipment financing. FEATURES ● √An Unsecured Business Loan does not require any collateral. ● Applicants looking to procure this type of small business funding should ideally have a high credit score. ● Generally, unsecured loans for businesses are taken in the form of a term loan repaid in EMIs. ● The maximum amount disbursed for an Unsecured Business Loan normally ranges between Rs. 15 lakh and Rs. 1 crore. ● Unsecured Business Loans for women ○ Banks offer an exclusive commercial loan scheme to empower women entrepreneurs in rural and urban India. This focused approach to commercial finance helps women entrepreneurs gain easier access to unsecured loans for businesses. ● Priority Se

Start up ideas in India

Hello mates, this is my first ever blog that is being published. I am 20 years old entrepreneur and this blog shares some of the things i encountered alongside my journey. The problems new entrepreneurs face when they get this really amazing startup idea  and they are all set to launch it! Or when they got their finances ready and don't know where to invest it. I'll be providing some useful tips for them and also some really cool startup ideas for them and also some additional creative tips which they may use in their startups and start making money sideways. This post will be followed by some ideas which i am planning to post 2 per week and rest of the week we'd be discussing any queries you have.  Additionally, I'll be posting some other posts which will be mostly related to commercial or business sector like information about loans, banks licence needed etc.  Hope you'll like these posts and if you hold the potential of an entrepreneur, you'll execute these