As a business owner, dealing with retailers can be a tricky affair, especially when it comes to managing credit risks. While extending credit to retailers can be a great way to grow your business, it also comes with its own set of risks. Late payments or defaults from retailers can impact your cash flow, profitability, […]
As a retailer in India, it is essential to understand the taxation system and regulations that govern your business operations. One aspect that often causes confusion among retailers is TDS on secondary support and sales schemes. In this blog post, we will delve into what TDS is, how it works, and its implications for retailers […]
Introduction The Goods and Services Tax (GST) is a unified tax system introduced by the Indian government in 2017 to streamline the country’s indirect taxation system. GST has been a game-changer for the Indian economy, simplifying tax compliance and increasing revenue collection. One of the recent additions to the GST regime is the introduction of […]
In today’s fast-paced business world, digital connections are more important than ever. With the rise of e-commerce and online marketplaces, it’s crucial for manufacturers, distributors, and retailers in India to have a strong digital presence in order to stay competitive. In this blog post, we will discuss the various ways that manufacturers, distributors, and retailers […]
Manufacturers in India often face a lack of data when it comes to the products they sell through distributors and retailers. This can make it difficult for them to track sales, understand consumer behavior, and make informed decisions about their product lines. One of the main reasons for this lack of data is the fragmented […]
Access to credit is a crucial aspect for the growth and success of any business, especially small and medium-sized enterprises (SMEs) and micro, small and medium enterprises (MSMEs) in India. Unfortunately, many retailers and MSMEs in India face significant challenges when it comes to obtaining credit from traditional financial institutions. One of the main reasons […]