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10 Most Profitable Manufacturing Business Ideas Under 10 Lakhs
🌟 Dreaming of becoming your own boss? 💼 Discover these Top 10 Profitable Manufacturing Business Ideas Under 10 Lakhs! 💡 Let's turn your business dreams into reality! #SmallBusiness #BusinessOpportunity #FinancialFreedom #StartupIdeas
Manufacturing businesses produce goods using equipment, machines, and labour. This sector is vital to the economy and offers many opportunities for entrepreneurs to start their own companies. Manufacturing businesses can be established in various industries, including food, appliances, electronics, vehicles, clothing, power tools, and more. Today, many people dream of becoming entrepreneurs, but…
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Unlock New Business Opportunities with the PMEGP Scheme.
Introduction
Brief introduction to the PMEGP Scheme (Prime Minister's Employment Generation Programme).
Aim of the scheme: promote self-employment and small businesses in rural and urban areas.
Highlight the benefits of the scheme for entrepreneurs and the broader economy.
What is PMEGP?
Explain that PMEGP Scheme is a credit-linked subsidy program introduced by the Government of India.
Aim: Generate employment opportunities by supporting micro-enterprises and small-scale industries.
Administered by the Ministry of Micro, Small, and Medium Enterprises (MSME) and managed by the Khadi and Village Industries Commission (KVIC) at the national level.
Key Benefits of the PMEGP Scheme
Financial Assistance
Subsidies ranging from 15% to 35% based on applicant’s category and location (higher subsidies for rural and special categories).
Employment Generation
Job creation in both urban and rural sectors.
Encouragement of Entrepreneurship
Support for individuals with innovative business ideas who lack capital.
Promotion of Sustainable Businesses
Focus on eco-friendly and traditional industries.
Who is Eligible for the PMEGP Scheme?
Eligibility Criteria
Individuals aged 18 or above.
Educational qualifications (minimum 8th grade) required for projects above ₹10 lakh in manufacturing or ₹5 lakh in the service sector.
Special categories: SC/ST/OBC/Minorities, Women, Ex-servicemen, Differently abled persons.
NGOs, Self-Help Groups (SHGs), and charitable trusts also qualify.
How Does PMEGP Work?
Loan Subsidy
Based on a combination of bank loans and subsidies; no collateral required for loans up to ₹10 lakh.
Subsidy and Loan Contribution
Breakdown of subsidy percentages and bank contributions.
Repayment Terms
Details of interest rates, tenure, and repayment flexibility.
Types of Projects Supported
Projects in sectors like agriculture, manufacturing, rural industries, and traditional crafts.
Examples of business activities eligible under the scheme:
Food processing, textiles, handicrafts, carpentry, service sector activities like tourism, etc.
Step-by-Step Guide to Applying for PMEGP
Prepare a Project Plan
Importance of a detailed project report.
Register Online
Step-by-step guide to applying on the PMEGP e-portal.
Submit the Application
Required documents, including ID proof, project report, and category certificates.
Approval Process
Role of KVIC and banks in the approval and disbursal process.
Receiving the Subsidy
Explanation of when and how the subsidy is credited.
Common Challenges and Tips for Success
Possible issues with documentation, project rejection, or delay in approval.
Tips to overcome challenges:
Craft a strong business plan.
Seek guidance from local KVIC offices or online resources.
Ensure compliance with PMEGP guidelines.
Why Choose Legalman for PMEGP Application Assistance?
Overview of Legalman’s support services for PMEGP Scheme applicants.
Benefits of professional assistance: faster application process, error-free documentation, and project planning guidance.
Conclusion
Recap of PMEGP Scheme as a stepping stone for aspiring entrepreneurs.
Encouragement to take the first step and explore Legalman’s PMEGP support services.
#PMEGP Scheme#MSME Debt recovery#tds/tcs return filing services#gst return filing services#tds return filing services#private limited company registration
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Why Tea is One of the Best Low-Cost Business Ideas - Basketleaf
The tea business has become one of the most attractive, low-cost ventures, particularly in India, where tea is woven into daily life and culture. With minimal initial investment and a vast, diverse consumer base, it’s an ideal business opportunity for budding entrepreneurs. Here’s why starting a tea best business under ₹1 lakh is one of the best small-budget ideas.
1. High Demand Across India
Tea holds a unique place in Indian households, with nearly 90% of Indians consuming tea regularly, making the demand consistent and widespread. Whether for socializing, morning routines, or evening breaks, tea has a steady customer base throughout the year. Unlike seasonal businesses, tea sales do not fluctuate drastically, providing a more reliable revenue stream.
2. Low Setup Costs
The startup costs for a tea business are relatively low, especially if you’re starting small. Here’s how your expenses might break down:
Raw Materials: High-quality tea leaves can be sourced at wholesale prices, especially if bought in bulk.
Minimal Equipment: Basic tea-making tools and a few reusable utensils keep the initial investment manageable.
Scalable Inventory: Since tea is a shelf-stable product, you can buy in bulk, store it easily, and avoid waste, ensuring your inventory costs remain low.
If you start with a basic tea cart, home kitchen setup, or an online business, your total investment can stay well below ₹1 lakh.
3. Easy to Experiment and Scale
A tea business offers multiple avenues for experimentation and growth, all with minimal capital.
Blend Customization: You can experiment with blends and flavors, creating unique offerings like masala chai, herbal teas, or green tea blends. Customizing your product can help you stand out and attract tea enthusiasts looking for something unique.
Flexible Business Models: Start with a home-based tea brand, a mobile tea cart, or an online store. As you grow, you can scale up to a larger tea cafe or tea kiosk, adding more products and services to diversify revenue.
With room for experimentation, tea businesses are ideal for testing new products without risking much capital.
4. Low Overhead Costs
Low overhead costs are key to making a tea business profitable quickly. Unlike restaurants or retail stores, a tea business doesn’t require heavy investment in decor, seating, or elaborate kitchen setups. Here’s why:
Simple Ingredients: Aside from tea, basic ingredients like milk, sugar, and spices are affordable and easily accessible.
Minimal Equipment: A tea cart, pop-up stall, or online shop doesn’t require extensive or expensive equipment.
Staffing Needs: In the beginning, you can operate solo or with limited help, keeping labor costs low.
5. Huge Market Opportunity in Premium and Specialty Tea
As the wellness trend rises in India, more people are turning to green tea, herbal infusions, and organic blends. The growing demand for specialty teas offers a lucrative market for new businesses willing to provide these premium products.
Health-Focused Varieties: Offer teas rich in antioxidants, digestive aids, or immunity boosters to tap into the wellness market.
Niche Markets: Cater to a niche market with eco-friendly packaging, herbal blends, or imported teas for higher profit margins.
Subscription Boxes: Offering subscription boxes with monthly deliveries of new tea flavors is an excellent way to attract loyal customers and ensure regular revenue.
6. High Margins and Profitability
Tea, compared to many other consumable products, has excellent profit margins, particularly with premium or blended varieties. The base ingredient—tea leaves—has a low cost relative to its retail price. Selling tea by the cup, in sachets, or as custom blends offers substantial profit potential.
Example of Profit Margin: For a cup of chai costing around ₹5 to make, you can sell it for ₹15–₹20, leaving you with a significant margin.
With minimal operational costs and high demand, your tea business can achieve profitability quickly, even on a small scale.
7. Wide Range of Marketing Avenues
Marketing a tea business on a budget is straightforward, with numerous low-cost methods to build brand awareness and customer loyalty:
Social Media: Platforms like Instagram, Facebook, and WhatsApp are effective for building a community of tea lovers and showcasing new products or flavors.
Local Partnerships: Partnering with local cafes, farmers markets, or yoga studios to feature your tea can give you easy exposure to potential customers.
Online Marketplaces: Selling through e-commerce platforms allows you to reach a larger audience without the cost of maintaining a physical shop.
Each of these channels offers a cost-effective way to reach new customers and keep your brand top of mind.
8. Easy to Build a Brand with a Personal Touch
A tea business is ideal for creating a unique brand story. You can infuse your brand with personal touches and connect deeply with your audience. Here’s how:
Storytelling: Share the origin of your tea leaves, the inspiration behind your blends, or the health benefits of each variety. This personal storytelling builds an emotional connection with customers.
Cultural Appeal: By offering traditional chai or regional flavors, you connect with customers on a cultural level, building loyalty and a sense of familiarity.
Customer Feedback: A smaller setup allows you to interact directly with customers, gathering feedback and tailoring your offerings to their preferences.
Such a personalized brand presence encourages repeat customers and creates brand advocates who help spread the word organically.
9. Flexibility to Go Online
With more consumers turning to online shopping, starting an e-commerce tea business has become increasingly viable.
E-Commerce Platforms: Platforms like Shopify or Amazon offer easy setup for selling tea online, allowing you to reach a wider audience with minimal investment.
Social Media Sales: Sell directly through Instagram and Facebook Shops, creating a seamless purchase experience for customers already following your brand.
Digital Marketing: Use cost-effective digital marketing methods, like SEO-optimized blogs or Google My Business, to reach local customers searching for tea products online.
Online sales provide an excellent avenue to expand reach without the expense of a physical location.
10. Resilience in Economic Downturns
During uncertain economic times, consumers often seek comfort in affordable, familiar products. Tea, being an affordable staple, fits this demand perfectly, making the tea business resilient even in challenging times. Here’s how this resilience works in your favor:
Affordable Product: Tea’s affordability means customers will continue buying it, even if they’re cutting back on other expenses.
Emotional Connection: Tea offers a sense of comfort and tradition, especially during stressful times, which keeps demand steady.
Adaptable Formats: If needed, you can adjust your pricing or serve sizes to suit the economic climate, keeping customers loyal and sales steady.
11. Opportunities for Repeat Business and Customer Loyalty
Tea, being a consumable product, offers excellent opportunities for repeat purchases, as most customers buy regularly once they find a blend they enjoy.
Subscription Model: Encourage loyal customers to subscribe to monthly or bi-monthly deliveries, which guarantees repeat business and increases customer retention.
Customer Loyalty Programs: Offer loyalty points for regular purchases, referrals, or bulk orders. This approach strengthens relationships and fosters brand loyalty.
Seasonal and Limited-Edition Blends: Introduce limited-edition flavors based on seasons or festivals to keep customers engaged and give them reasons to return.
Regular customer engagement through subscription or loyalty programs ensures long-term success and stability for your business.
12. Eco-Friendly and Sustainable Options for a Competitive Edge
Modern consumers increasingly seek sustainable, eco-friendly brands, giving you a competitive advantage if you emphasize ethical sourcing and packaging.
Sustainable Sourcing: Partner with eco-friendly suppliers or fair-trade sources, which can attract conscious consumers.
Eco-Friendly Packaging: Use biodegradable or reusable packaging to appeal to environmentally aware customers, boosting your brand’s reputation.
Community Initiatives: Supporting local tea farmers or eco-friendly initiatives can also enhance brand loyalty, especially if customers see you contributing positively to the community.
By aligning with sustainable practices, you make your brand attractive to customers who care about the environment, giving you a valuable edge.
Frequently Asked Questions
Q1: Can I really start a tea business with under ₹1 lakh?Absolutely. Starting small, such as with a tea cart, home-based kitchen, or online platform, allows you to keep initial costs low and scale gradually as your brand grows.
Q2: Is it possible to make a profit with a budget tea business?Yes, tea businesses typically have high profit margins, especially with unique blends or premium varieties. With careful cost management and marketing, you can achieve profitability quickly.
Q3: What are some of the best ways to market a tea business on a budget?Social media, local events, pop-ups, and collaborations with local businesses are excellent low-cost marketing options. Additionally, online marketplaces and influencer partnerships can help expand your reach without heavy advertising expenses.best business under ₹1 lakh could be your stepping stone to entrepreneurship. With careful planning, unique branding, and a commitment to quality, you can make your mark in the tea industry—even with a limited
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Low-Cost Business Ideas Suitable for Starting Under 1 Lakh in 2024
Explore 15 Low-Cost Business Ideas under 1 Lakh in 2024. From handmade candles to organic personal care, discover profitable ventures leveraging India's evolving market dynamics. Start your entrepreneurial journey today with expert guidance.
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Amenities and Location Advantage: What Makes Akshar Business Park Stand Out
In the bustling city of Navi Mumbai, where the demand for commercial real estate is ever-growing, Akshar Business Park emerges as a beacon of innovation and convenience. Developed by the esteemed Akshar Group, this project has quickly gained a reputation for offering Grade-A commercial properties in Vashi that meet the diverse needs of businesses and industries. What sets Akshar Business Park apart from the rest is not just its prime location, but also the incredible amenities and project features it brings to the table.
A Hub of Grade-A Offices
Akshar Business Park is a testament to the vision of the Akshar Group, as it brings together more than 500 Grade-A offices under one expansive roof. This creates a vibrant ecosystem where businesses of all sizes and industries can thrive. Whether you're a finance company, a pharmaceutical giant, an automobile manufacturer, a consultancy firm, a tech startup, or part of the media industry, Akshar Business Park has the perfect office space for you.
Horizontal Layout for Maximum Efficiency
One of the standout features of this project is its unique horizontal layout, covering an impressive area of 1 kilometer. Unlike traditional vertical office structures, this horizontal design maximizes efficiency and accessibility. It allows for easy navigation within the premises, reducing the time spent on commuting between floors and fostering collaboration among businesses.
Exceptional Connectivity
Akshar Business Park enjoys exceptional connectivity, making it a preferred choice for businesses looking to establish their presence in Navi Mumbai. It is well-connected through both rail and arterial roads, ensuring that employees and clients can reach the site effortlessly. The Turbhe Railway Station is just a short 5-minute walk or 500 meters away, while Palm Beach Road, a major transportation artery, is a mere 10 minutes from the location.
Rooftop Amenities Galore
For those who value recreation and leisure, Akshar Business Park offers an impressive array of 17 rooftop amenities spread over 1 lakh square feet, making it the largest in Navi Mumbai. These amenities include lush green gardens, jogging tracks, cafeterias, and relaxation zones. The rooftop spaces provide a serene escape from the hustle and bustle of daily work life, fostering a healthy work-life balance for employees.
Proximity to Commercial Hubs
Strategically situated in close proximity to multinational companies and government offices in Vashi, a thriving commercial hub in Navi Mumbai, Akshar Business Park offers businesses a prime location advantage. This accessibility facilitates networking, collaborations, and partnerships with other established entities, providing ample growth opportunities.
Two Phases of Excellence
Akshar Business Park boasts two distinct phases, Phase I and Phase II, which collectively house leading brands from various sectors including finance, pharma, automobile, consultancy, traders, chemicals, tech, media, and more. This diversity creates a dynamic environment where businesses can interact, share ideas, and foster growth.
Location Advantages Beyond Compare
Apart from its proximity to commercial hubs, Akshar Business Park offers a range of location advantages that make it stand out. It's close to the APMC Market and High-rise Business Complexes, providing easy access to essential services and potential clients. Sanpada Railway Station is a mere 10 minutes away, while Turbhe Bus Depot and Vashi Bus Depot are conveniently located within 5 to 10 minutes. The Thane-Belapur Road and Sion-Panvel Highway are also just a stone's throw away, enhancing connectivity.
For businesses with a broader regional outlook, Akshar Business Park is strategically positioned, with commercial property in Vashi available five times, offering even more opportunities for expansion and collaboration. Additionally, Airoli, Chembur, and JNPT SEZ - Uran are within 15 to 22 kilometers, further enhancing the project's regional accessibility. Furthermore, the proposed Navi Mumbai Airport is a short 35-minute drive, making national and international travel a breeze.
In conclusion, Akshar Business Park is more than just a commercial real estate development; it's a strategic investment in the future of businesses. Its impressive amenities, innovative layout, and unbeatable location advantages, including the availability of commercial property in Vashi five times over, make it a standout choice for businesses looking to thrive in Navi Mumbai's dynamic market. Whether you're a startup seeking to make a mark or an established industry leader looking to expand, Akshar Business Park offers the perfect setting for your success.
For more visit — https://www.akshardevelopers.com/akshar-business-park.php
This Article is Submitted in Medium
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Cheating of lakhs from 6 doctors on the pretext of Google Ad, cyber police engaged in investigation
As law enforcement agencies tighten their grip on cyber criminals, these criminals adapt their cheating tactics to stay one step ahead. They tailor their schemes to exploit your specific needs, offering enticing promises that lure you in. A recent case has emerged from Deoghar, where cyber criminals targeted numerous doctors, defrauding them of millions of rupees under the guise of Google Ads. The cyber thugs tricked these doctors into paying significant amounts of money to improve their Google ratings and promote their advertisements.
Also Read: Cybercrime in Nagpur - Cyber Blackmailer Couple Arrested in Pune for Extorting Money
All the affected doctors promptly filed complaints at the local cyber police station. They provided comprehensive evidence, including phone numbers and screenshots of messages received from the fraudsters. According to the complaints, on June 12, individuals claiming to be Google representatives approached these doctors. They pitched the idea of showcasing their ads on Google at a discounted rate. They highlighted the numerous advantages, emphasizing that Google Ads would not only reach a wider audience within the country but also extend internationally. The ads would include a video featuring the doctor and a patient sharing their positive experiences.
To proceed with the advertisement campaign, the criminals demanded money from the doctors and urged them to register. Eager to benefit from the promised advantages, the doctors complied, providing all their necessary information and transferring the funds. Once the money was handed over, the fraudsters assured the doctors that it would take approximately 15 days for the advertisement to start appearing on Google. The doctors anxiously awaited the completion of the specified timeframe.
However, when the 15-day period ended, the doctors' advertisements failed to materialize on Google as promised. Concerned, they attempted to contact the phone number provided by the fraudsters, only to be met with further delays and empty promises. Suspicion grew among the doctors, leading them to believe they had fallen victim to a scam. Subsequently, all the affected doctors lodged complaints at the cyber police station, initiating an investigation into the matter.
The cyber police station is currently engaged in probing the entire incident to identify the culprits and bring them to justice. This case serves as a reminder of the importance of vigilance and caution when dealing with online transactions. It is crucial to thoroughly verify the credibility of individuals or companies involved in such schemes, conducting due diligence before parting with personal information or transferring funds.
Also Read: Kashmiri Brother-in-Law could not show Kamal, and pressure on Nagpur police failed
Law enforcement agencies, in collaboration with technology experts, must continuously adapt and stay abreast of evolving cybercrime methods to effectively combat these offenses. Raising awareness among the public about the various types of online scams and providing guidance on how to protect oneself can go a long way in mitigating the risks associated with cyber fraud.
In conclusion, the case involving the defrauding of doctors through false promises of Google Ads highlights the evolving tactics of cyber criminals. Prompt action by the affected doctors in reporting the fraud to the cyber police station has initiated an investigation into the matter. It is crucial for individuals to exercise caution, conduct thorough research, and be vigilant when engaging in online transactions to avoid falling victim to such scams. Collaboration between law enforcement agencies and the public is essential in combatting cybercrime effectively and safeguarding the interests of individuals and businesses alike.
Source: https://www.the420.in/cheating-of-lakhs-from-6-doctors-on-the-pretext-of-google-ad/
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Why is a fast food franchise the best option for you?
The majority of Indians eat street food from carts and cafes, which sell a range of delicious foods. Getting a fast food franchise in India offers several advantages, as it is one of the sectors that is currently developing at the fastest rate.
These fast food company concepts have grown tremendously as a result of the widespread use of the franchise business model by a small number of major businesses, which sold their brand and logo to loyal franchisees in exchange for a franchise fee.
Have you ever wanted to be your own boss but been too scared to take the plunge? Starting a fast food franchise is a fantastic idea to begin your entrepreneurial journey for a lot of reasons.
Reasons why a fast food franchise will be the best option for you
1. Fast food will always be needed
There will always be a demand for fast food, even with an increasing focus on leading a healthier lifestyle. At some point, whether it be for a Friday night treat with the family or a quick lunch during the workweek, we all yearn for that burger and fries. There will never be too much competition in this field.
The Naadbramha Idli franchise offers the healthiest and tastiest idli, which helps them stay ahead of the competition even if people start living a healthy lifestyle.
2. Budget friendly
It is possible to open a restaurant that is affordable and still serves good meals. It’s not necessary to have crores of rupees in the bank. Naadbramha Idli offers food franchise under 15 lakh in Mumbai.
3. Low investment business opportunities
Since a fast food restaurant just needs a little initial investment and has no long-term contract or leasehold commitments, it is simple to get started. In comparison to other types of businesses, starting a budget café also requires less of an initial investment.
4. Brand power
Various well-known fast-food restaurants exist, with Naadbramha Idli being regarded as one of the best in Mumbai. They have a powerful brand that is easily recognizable. You’ll gain a share of the brand recognition if you decide to enter the fast food business.
5. You are not alone in this journey
You will have a support system to assist you in getting started if you decide to invest in a food franchise, which is one of the biggest benefits.
By starting a restaurant on your own, you lack this advantage. A fast food franchise provides training for you and your staff, as well as assistance in finding a location and getting ready for your grand opening. This is particularly appealing if you are inexperienced in the restaurant industry.
6. Room for creativity
Although each fast food business has a defined structure and procedure, there are still ways for you to give your business a uniquely personal touch. Ask about the policies and guidelines for each franchise when you are doing your research and comparison shopping.
7. The fast food franchise industry is evolving
Fast food restaurants are changing to keep up with changing customer preferences. Restaurant owners are looking for new methods to attract customers now that the era of overly processed, cookie-cutter dishes has ended. Fast food is definitely still relevant today.
8. A large network providing you with a competitive edge
The availability of professional guidance is perhaps one of the best benefits of purchasing a food franchise rather than starting your own restaurant from scratch. Your fellow franchisees’ knowledge and experience are equally valuable as those of your franchisor and its executives. They can discuss what has worked successfully for them and which routes to avoid because they have been in your position.
These are the reasons why investing in a food franchise is the best choice for you. If you are thinking about investing in a fast food franchise, Naadbramha Idli offers the most profitable food franchise in Mumbai. It is also one of the cheapest ones. They have more than 100 franchises across Maharashtra. All of them are highly profitable.
So, contact Naadbramha Idli if you want to buy a Naadbramha Idli franchise.
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Ten Ideas to Reduce Business Taxes
Ten Ideas to Reduce Business Taxes
Tax reductions might be quite advantageous for you as a small business owner. Careful planning will enable you to reduce your taxable income. Here are 10 ideas that will help you reduce your business taxes.
A challenging undertaking for a corporation or small business is submitting business taxes. Nobody enjoys contributing their hard-earned money to the government. But income tax is a harsh truth that business owners must also accept. Even if you are unable to escape this responsibility, there may be ways to lessen your tax liabilities.
Here are some ideas on how to lower your business's taxes.
Hire a family member
Hiring a family member is one of the best ways to save on business taxes.
Another way small business owners might reduce their taxes is by hiring partners. These taxes can be omitted from taxable revenue since the corporation is in charge of paying them, which decreases the total expenditure of the business.
If you want to learn more about these taxes and financial management, we suggest you check into comprehensive education at HINDUSTAN ONLINE CODE. With their Masters in Finance degree, you might try to have a thorough comprehension of this subject.
A deposit account for retirement
There are a number of retirement plan choices with the biggest benefits when it comes to saving for retirement. They also offer a number of tax benefits that might be quite advantageous. A wide range of retirement plan options that can be very helpful for small business taxation is available on the IRS website.
The purchase of utilities
If you're an entrepreneur who uses your phone and automobile for legitimate business purposes, you can designate these charges as utilities or business expenditures. These expenses might consist of ongoing fees, one-time fees, or upfront payments. This is one of the best tax tips since it might help your small business pay less in taxes by categorizing these expenses as business expenses.
Hotel and Travel expenses
Business-related responsibilities typically require entrepreneurs to travel between regions. One tip for reducing small business taxes is to always pay for such expenses out of the company's account rather than your personal one.
For instance, your company account indicates that you spent around Rs. 5 lakhs on this charge if your yearly salary is Rs. 20 lakhs. The travel expenses in this situation may be deductible as business expenses for tax purposes. You would only be responsible for paying tax on the remaining 15 lakh rupees in this scenario.
Health Insurance Cost
Tax deductions for medical insurance premiums under Rs. 25, 000 are available to business owners. According to Section 80D of the Indian Income Tax Act, this insurance might be for the dependent parents, spouses, or kids of the entrepreneur. However, business owners whose firms are their second employment and whose employer already covers their medical insurance expenses won't be affected by this tax advice.
Don't forget to look for the suitable Masters in Finance online program, HINDUSTAN ONLINE - CODE. They might provide excellent solutions for managing the finances of your business and substantially assist you in comprehending these taxes.
Spend your money on Marketing.
In this age of digitalization, you must give up outdated outbound marketing techniques and transition to digital and inbound marketing for your services and products. This has two benefits.
First of all, inbound marketing will increase your company's growth and reach. Second, they offer tax assistance because all of your marketing expenses are tax deductible. Therefore, you could also be able to save money in this area. Put any extra money you have at the end of the year on marketing and advertising to save on taxes.
Avoid paying in Cash for anything.
If your cash transaction, as per your records, is more than Rs. 20,000 a day for a single individual, your transaction would be void, according to the Indian Income Tax Office.
This nullification will result in you paying more taxes for your small business than you otherwise would have. Any transaction that costs more than Rs. 20,000 should ideally be done through a bank. As a consequence, rather than paying more tax than necessary and adding to your financial burden, you will instead pay the same amount as you would have otherwise.
Depreciation
Increasing depreciation above and beyond what has previously been accounted for might reduce corporate taxes. This is so that if an entrepreneur installs new machinery during the year, they can benefit from the 20% higher depreciation provision of Section 35AD. Another idea to lessen the burden of taxes is this.
Consider the scenario where you buy new equipment and take the regular 25% depreciation deduction but forget to take the additional 20% deduction. Because the increased depreciation may only be claimed in the first year, the 20% tax increase in this example led to more taxes being paid and represented a missed opportunity. Therefore, keep this advice in mind while configuring new equipment.
Lending
Donating money to a worthwhile charity is a great tax-saving tip as well. This is special advice since it enables you to carry out noble activities while still lowering your tax obligation. Giving, however, only allows you to lower your tax liability when you are funding IRS-approved nonprofits. You are entitled to a 100% tax deduction if your donation goes to one of the following: registered charities, political parties, or the PM Relief Fund.
Loan interest on mortgages
One of the finest tax tips is that you may deduct the interest you pay on your house loan from your income tax if your business is linked to your PAN card.
Section 80C permits an annual tax deduction of up to Rs. 1.5 lakhs by including the interest on any house loans. This information ought to convince you to get a mortgage to build or buy a house since it will reduce your tax responsibilities.
The Final Verdict
There are a number of ways to reduce business taxes, provided that you make sound arrangements. Your taxable income may be reduced, which might be advantageous if you operate a small business.
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10 Tips for Reducing your Business Taxes
Meta Description: As a small business owner, tax deductions can be extremely helpful for you. You can wisely plan and reduce your taxable income. So, here are 10 tips for you to reduce your business taxes.
Business taxes are always a stressful job, be it for an organization or a small business. Nobody likes giving away their hard-earned money to the government. But, just like all other harsh realities, income tax is also one that business owners have to learn to accept. Even though there is no escape from this duty, you can figure out ways to reduce your tax liabilities.
Here are some tax reduction tips so that you can minimize your business taxes.
1. Hire a Family Member
Hiring your family member is one of the best ways to minimize business taxes.
Small business owners can also reduce their taxes by hiring their spouses into the firm. Since these taxes are a liability to the company, they can be left off from the taxable income and so bring down the total outgo of the business.
If you are eager to learn about these taxes and the management of finances, we recommend you to scout for holistic education from HINDUSTAN ONLINE - CODE. With their Master in finance program, you can aim at receiving quality knowledge in this sphere.
2. A Retirement Account
Many retirement plan options have maximum benefits when it comes to retirement savings. They also have several tax benefits that can be very helpful. There are many options in retirement plans on the IRS website that can have a lot of benefits for small business taxes.
3. Utility Expenses
If you’re an entrepreneur who uses their phones and vehicles for legitimate business needs, then you can list these expenses as utility or business expenses. Some of these expenses can be preliminary expenses, convenience expenses, or regular expenses. This is one of the most useful tax tips, as when you list these expenses as business expenses, you are reducing the burden of taxes on your small businesses.
4. Hotel Booking and Travelling Expenses
Many times, entrepreneurs have to travel between places for work related to their businesses. A tip to reduce small business taxes is that in such situations, you should remember to use the company’s account for these expenses instead of your own.
For example, you earn Rs. 20 Lakhs, and you’ve spent around Rs. 5 Lakhs under this expense from your company account. In such a situation, the travel expense can take the form of a business expense and thus, be exempted from taxes. In this example, you’d only have to pay tax for the remaining Rs. 15 Lakhs.
5. Medical Insurance Premium
Entrepreneurs can claim their medical insurance premiums under Rs. 25, 000 for tax deductions. According to Section 80D of the Indian Income Tax Act, this falls under tax deductions, and this insurance can be for the entrepreneur’s dependent parents, spouses, or dependent children. But, such tax tips will be invalid for entrepreneurs whose businesses are their second job and whose employer already offers them medical insurance premiums.
Do not forget to scout for the Masters in finance online program at HINDUSTAN ONLINE - CODE in need. They can help you understand these taxes much better and provide quality solutions for your business finance management too.
6. Invest your Profits in Marketing
In this age of digitalization, you need to get rid of the old outbound marketing ideas and shift to digital and inbound marketing for your services and products. This has two benefits.
Firstly, inbound marketing will grow your business and increase its reach. Secondly, it works as a tax reduction tip, as all your marketing expenses are tax-deductible. Therefore, you can save money in this aspect as well. So, invest any extra money you have left at the end of the year in advertising and marketing to reduce taxes.
7. Avoid Making Transactions in Cash
According to the Indian Income-tax department, your transaction will be nullified if your cash transaction, as per your books, is more than Rs. 20,000 per day for a single person.
This nullification will be an added burden on your small business taxes, and you will be paying more money than you would’ve normally. So, try and make your transactions above Rs. 20,000 through a bank. This will reduce the burden of tax from your back as you will pay the same amount you would’ve normally instead of the excessive amount.
8. Depreciation
Another way to reduce business taxes is through additional depreciation. This is because under section 35AD, if an entrepreneur installs new machinery during the year, then they can claim additional depreciation of up to 20% along with the normal depreciation. This is another tip through which you can reduce the burden of taxes.
For example, you buy new machinery and claim the regular depreciation, which is 25% but forget to claim the additional 20%. In this situation, you have paid increased taxes because of the 20%, and you’ve lost the chance to claim this additional depreciation since it is only valid in the first year. Therefore, remember this trick when installing new machinery.
9. Donation
Another great tax reduction tip is donating money to charity. This is a special tip, as you are performing a good deed and saving money on taxes at the same time. But, saving money on taxes through donation is only possible when you are donating to registered charities. You are entitled to claim 100% tax relief if you donate to political parties, PM Relief Fund, as well as registered charities.
10. Housing Loan Interests
One of the most effective tax tips is that you can claim a tax deduction on the interest that you pay for your housing loan if your PAN card is linked to your start-up.
According to Section 80C, you can claim a tax deduction of up to Rs. 1.5 Lakhs every year by adding the housing loan interests under this deduction. This tip should convince you to get a bank loan to build or buy a house, as it will reduce your tax burdens.
The Bottom Line
There are several ways to reduce business taxes as long as you plan wisely. Reducing your taxable income as the owner of a small business can be extremely helpful.
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AP Fiber grid - From the Vision of Nara Chandrababu Naidu
AP Fiber grid is a prestigious project initiated by the former chief minister of Andhra Pradesh
Shri. Nara Chandrababu Naidu to give high-speed internet at as low as 149 rupees per month. In India, Andhra Pradesh is the first state to launch this kind of project.
The Andhra Pradesh State FiberNet Limited(APSFL), project was launched in 2015. The vision of the AP Fibre Grid project is to establish a highly scalable network infrastructure, accessible on a non-discriminatory basis, to provide on-demand, affordable and end-to-end broadband connectivity of 15 Mbps for all households and 100 Mbps to 1 Gbps for institutions & Businesses, to enable the realization of the Vision of Digital AP, in partnership with the Government of India and the private sector.
In the view of huge costs/timelines involved in the BharatNet program of the Government of India, Andhra Pradesh Government pioneered the aerial route of Optical Fiber on its own to realize the dream of Digital AP. Thus, the AP Fiber Grid idea emanated from the Vision of Shri N. Chandrababu Naidu, Honourable Chief Minister.
The APSFL Network is provided with Internet protocol television with over 200 channels and landline telephone connection for free and unlimited calling to AP fiber phones within Andhra Pradesh.To know the Latest TDP news visit our official website.
The government has already provided TV channels, mobile and internet services to remote villages through this fiber grid system. There are 3060 villages in the state without mobile services which are also provided by AP Fiber Grid. This type of cable system has been established across the state for 24 thousand kms under the guidance of Former Chief Minister Shri Nara Chandrababu Naidu.
Under the Andhra Pradesh Fiber Grid Project, 4.83 Lac wi-fi connections had already been provided to houses & institutions. With the target of 5 Lakh connections for the households the TDP government under the Sovereign of Nara Chandrababu Naidu has successfully achieved 4.75 Lac household connections that have benefited through this affordable high-speed internet, television and telephone services across many villages in Andhra Pradesh which is considered as one of the greatest TDP Achievements.
On top, the former Government had the thought of gradually installing cloud-based virtual classroom systems using the Fiber grid in 4,678 government high schools throughout Andhra Pradesh to enhance learning abilities and Skill Development through high-quality digital and multimedia content.
The brilliant idea and vision of Introducing and implementing the AP Fiber Grid Project by the Former chief minister of Andhra Pradesh Shri Nara Chandrababu Naidu have helped many Students across the state in attending online classes during the Covid-19 Pandemic.
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Top 7 Indian Commercial Real Estate Investment Companies | Yield Asset
You no longer have to go to the market by yourself to find and buy a property to invest in. The times have changed and investing trends like crowdfunding on online platforms have changed, making it clear that real estate has to go somewhere. Real estate websites have become very popular as the trend toward digitization has grown. These websites make it easy to invest in real estate.
Here are some commercial property investment companies in India that offer Commercial Real Estate Investment services:
Yield Asset
One can reduce their overall portfolio risk and improve their return profile by investing in commercial real estate. Based in Bengaluru, Yield Asset aims to make investing accessible to people with smaller budgets by reducing the minimum commitment required and streamlining the investment process. The company’s goal is to provide the most user-friendly and transparent platform for investing in real estate.
Propertywala
The website helps connect the owner and the buyer by giving advertising services a place to be seen. With more than 3 lakhs of real properties on its website, the platform offers services from residential to commercial properties. The website also has services through channel partners that help you find the best for you in more than 400 cities in India.
Strataprop
Strata is a renowned commercial property investment company that assists investors in getting rich by letting them own a piece of commercial real estate. The idea of “fractional ownership” makes it possible for anyone to invest in A-grade properties with as little as 25 Lakhs. Strata has a list of reliable commercial properties, such as pharmaceutical, e-commerce, logistics and supply chain warehouses.
Magic Bricks
Under “commercial real estate,” for example, the company lists a wide range of property investments, such as office space, co-working spaces, shops or showrooms and warehouses, to name a few. Magic Bricks is a commercial property agency with more than 5,000 agents. It has more than 1 lakh office spaces and 60,000 shops or showrooms. It has a list of properties in different cities in India that can be bought with as little as Rs.5 Lakhs.
RealestateIndia
The company offers all kinds of real estate services, from real estate agents and Vastu consultants to home inspections and interior design. Since 1997, this website has grown into a huge empire that reaches all of India. RealestateIndia is an all-in-one resource for buying, selling and leasing properties, with over 50 major cities participating in commercial property transactions.
The ticket prices start at Rs. 5 Lakhs and go up to Rs. 100 Crores and more. There are shops, malls, business centres and hotels among the commercial properties.
h-Bits
The company started in October 2019 to help people invest in commercial real estate through fractional ownership. In prime locations in Mumbai, h-Bits has bought and sold commercial properties worth Rs.15 crores in less than a year. The commercial properties are A-G assets in commercial buildings and IT parks. With just Rs.10 Lakhs, you can own a piece of the tech giant’s properties. The rental yields and possible price increases are estimated to add up to about 12–20% of the value of the assets, which is a good and competitive number in the market.
99acres
99acres is a website started in 2005 to list properties for sale, rent or both. The website has grown into a large platform that people all over the country trust. It now has over 9 lakh property listings in 600 cities. There are office spaces, shops, warehouses, factories and cold storage among the commercial properties on the list. Investments can be as low as 5 Lakhs and as high as a few hundred crores. This platform has won several awards, including the PropTech mobile app of the year 2019 award.
The Bottom Line
These are the best and most trustworthy websites for commercial real estate investment services. If you are new to shopping online, these websites will help you find the best deals. If you want to begin from scratch or add to what you already have, you can get great tips from the websites. Happy trading!
#commercial property investment companies#commercial property investment company#Commercial property investment in Bangalore#Real Estate Investment Platform
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Leveraging Social Media for Your Tea Business Growth – Basketleaf
In today’s digital age, social media is a powerful tool for small businesses looking to grow their customer base, increase brand awareness, and build loyalty. best businesses under ₹1 lakh social media offers a cost-effective way to reach tea enthusiasts and create a community around your brand. This guide covers actionable strategies to leverage social media platforms, build a following, and drive growth for your tea business.
1. Define Your Brand Identity and Target Audience
Before diving into social media, it’s essential to clarify your brand’s identity, values, and the audience you’re trying to reach. A strong brand identity will guide your content creation and help you connect with the right customers.
Questions to Consider:
What makes your tea business unique?
Who are your ideal customers? Are they young professionals, health-conscious individuals, or traditional tea lovers?
What values does your brand represent, such as sustainability or luxury?
Tip: Create a simple brand guideline document to maintain a consistent look and feel across your social media profiles.
2. Choose the Right Platforms for Your Tea Business
Not all social media platforms may be suitable for your business. Here’s a breakdown of popular platforms and how they can benefit a tea business:
Instagram: Ideal for visually-driven content, showcasing your tea varieties, packaging, and brand aesthetics.
Facebook: Good for building a community, engaging with older audiences, and creating a local presence.
Pinterest: Useful for sharing tea recipes, lifestyle images, and driving traffic to your website.
YouTube: Great for video content, such as tea preparation tutorials, tasting sessions, or behind-the-scenes looks.
WhatsApp Business: Allows direct communication with customers and offers features for cataloging and sharing products.
Tip: Focus on 2–3 platforms to start and gradually expand once you have a solid presence.
3. Create High-Quality, Engaging Content
Content is the core of your social media strategy. To keep your audience engaged, post a variety of content that highlights different aspects of your tea business.
Content Ideas for a Tea Business
Product Showcases: Share photos of your different tea varieties, packaging, and accessories.
Behind-the-Scenes: Show how your tea is sourced, blended, or packaged.
Tea Education: Post about the benefits of different teas, their origins, and how to brew them.
User-Generated Content (UGC): Encourage customers to share their tea experiences, and repost their photos with proper credit.
Seasonal Content: Tailor content to align with festive seasons, such as sharing warm tea recipes in winter or iced teas in summer.
Tip: Use free editing tools like Canva or Lightroom Mobile to enhance your visuals and maintain a cohesive look for your posts.
4. Engage with Your Audience Consistently
Engagement is critical for social media growth. Actively respond to comments, messages, and shares to build trust and create a community around your brand.
Engagement Tips:
Reply to Comments: Acknowledge comments on your posts to foster a friendly connection.
Use Polls and Questions: Engage your audience by using interactive features on Instagram Stories, like polls, questions, and quizzes.
Host Giveaways: Create buzz around your brand by offering a free tea sampler or product package. Ask users to follow, like, and tag friends to enter, boosting your reach organically.
Tip: Set aside 15–20 minutes each day to engage with followers. Consistency is key to building relationships.
5. Use Influencer Marketing to Reach a Broader Audience
Partnering with influencers can be an effective way to introduce your brand to a larger audience without breaking your budget.
How to Work with Influencers on a Budget:
Micro-Influencers: Collaborate with influencers who have smaller, highly engaged followings. They are often more affordable and have a closer relationship with their followers.
Barter Collaborations: Offer your products in exchange for a post or shoutout. Many smaller influencers may be open to this arrangement.
Local Influencers: Reach out to influencers within your city or region who can help boost your brand’s local presence.
Tip: When approaching influencers, personalize your message and explain why you think they would be a great fit for your tea brand.
6. Leverage Social Media Advertising on a Small Budget
Social media ads are an effective way to reach a targeted audience. With a budget under ₹1 lakh, you can allocate a small portion to ads to boost visibility and generate leads.
Tips for Cost-Effective Social Media Ads:
Target Locally: Start by targeting your city or region to reach customers who may be more likely to purchase from a local business.
Promote Key Products: Focus on advertising your best-sellers or unique tea blends to attract interest.
Use Retargeting: Set up retargeting ads for people who have visited your website or engaged with your social media profile.
Tip: Start with a small daily ad budget (e.g., ₹200–₹500) and monitor performance. Adjust your budget based on the results you’re seeing.
7. Collaborate with Other Small Businesses
Collaboration is a great way to expand your reach while staying within budget. By partnering with other small businesses that share a similar target audience, you can cross-promote each other’s products and benefit mutually.
Collaboration Ideas:
Host Joint Giveaways: Team up with a local bakery or café and offer a combo prize for your followers.
Product Bundles: Work with complementary brands, like local snacks or eco-friendly packaging companies, to create value bundles.
Social Media Takeovers: Swap social media accounts for a day with another small business, allowing you to reach each other’s followers.
Tip: Look for businesses that share your brand values and offer products that pair well with tea, such as honey, snacks, or eco-friendly items.
8. Utilize Hashtags Strategically
Using the right hashtags can increase your visibility, making it easier for potential customers to find your brand.
Effective Hashtag Strategies:
Industry-Specific Hashtags: Use tags related to tea, such as #TeaLovers, #HerbalTea, or #TeaTime.
Local Hashtags: Include location-based hashtags to attract local customers, like #DelhiTea or #MumbaiTea.
Branded Hashtags: Create a unique hashtag for your business, such as #BasketleafTea, and encourage customers to use it in their posts.
Tip: Use a mix of popular, niche, and branded hashtags in your posts to reach different audiences. Instagram allows up to 30 hashtags per post; consider using around 10–15 relevant ones for optimal reach.
9. Share Customer Testimonials and Reviews
Social proof is powerful. Sharing customer testimonials and reviews on your social media channels builds trust and encourages others to try your products.
How to Collect and Share Reviews:
Ask for Reviews: After a sale, politely ask customers for feedback or a review on your social media page.
Repost User Content: Share photos or stories that customers post featuring your tea.
Create a Highlight: Use Instagram Highlights to showcase positive customer reviews and testimonials on your profile.
Tip: Thank customers publicly for their feedback to show appreciation and encourage others to share their experiences.
10. Track Your Results and Refine Your Strategy
To grow your tea business on social media effectively, regularly review your analytics to see what’s working and what isn’t.
Metrics to Monitor:
Engagement Rate: Measure likes, comments, shares, and saves on each post to gauge content effectiveness.
Follower Growth: Track how quickly you’re gaining new followers.
Conversion Rate: Look at how many of your social media interactions lead to sales or inquiries.
Tip: Use tools like Instagram Insights, Facebook Analytics, or third-party tools like Hootsuite or Buffer to keep track of metrics and make data-driven adjustments.
Conclusion: Driving Growth with Social Media for Your Tea Business
Leveraging social media for your tea business can be both impactful and budget-friendly. By building a strong brand identity, choosing the right platforms, creating engaging content, and consistently interacting with your audience, you can drive growth for your tea brand on a budget under ₹1 lakh. With a well-planned strategy, social media can become a powerful channel to attract tea lovers, build brand loyalty, and establish your tea business as one of the best businesses under ₹1 lakh in India.
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Life Changeable Opportunity Already Has Come, Grab It
Overview:
Hi there,
Hope you are well with your family, I want to tell you about the company named Onpassive. Onpassive is a IT based technology USA company, like Gmail, what's app, zoom etc. It's a global company is hiring for founder position from the whole world. They are already covered their business in 200+ countries. It is such a big opportunity.
Topic Description:
*IF YOU DON'T KNOW ABOUT ONPASSIVE PROPERLY, THEN PLEASE READ CAREFULLY THIS BELOW MESSAGE AND BECOME A FOUNDER.??
#01.What is ONPASSIVE?
Onpassive is an Artificial Intelligence (AI) based lnformation Technology (IT) company that has been developing its own built and designed more than 50 state-of-the-art IT tools applications since 2018 and is ready for simultaneous launch in 216 countries...
#02. Where is Onpassive Office located?
ONPASSIVE Corporate Office is located in Orlando, USA and Bangalore and Hyderabad in India where all the products are being developed.
#03.Who is the founder of Onpassive?
Its founder is Ash Mufareh who shares the vision of ONPASSIVE and who is working on this project since last 2 years. They are part of inner circle, beta testing and marketing campaigns..
#04.What is GoFounders?
GoFounders is just a special founder of ONPASSIVE to share innovative ideas and have common goals. It is a community to make each founder the best. Which while promoting this mission, each founder is personally inviting his visionaries to attract and bring their visionaries whose membership amount is $102.
#05.What is Onpassive Soft Launch?
Soft launch is the period in which all ONPASSIVE products, including wallets, are tested in real time. It also marks the beginning of marketing campaigns for the founders.
#06.What will be the founder membership cost after launch?
No new founder status will be available for a lifetime after the launch of ONPASSIVE. Backing up this global project and looking at it in the pre-launch stages requires the founder visionary.
#07.What are the products of ONPASSIVE?
ONPASSIVE will launch with over 40-50 digital products. Internet Solutions with all products like Domain Name, Website Builder, Liquid Hosting, VPN, Video Marketing, Email Marketing, Webinar Platform, HRM Solutions, URL Shortener, Traffic, Chat, SEO, Social Media and many more.
#08.As I am not an internet expert, can you tell me about 'TRAFFIC'?
TRAFFIC means visitors to your website. This is the essence of any online business to survive. It is similar to customers visiting your business. Your website gets qualified targeted visitors daily.
#09.WHO ARE THE CUSTOMERS OF ONPASSIVE?
All those who use the Internet will need us or many of our products. So the potential target customer base is 4.5 billion internet users.
#10.Will it help an existing online business?
Yes. They will need TRAFFIC to grow their business and other products that will make their life easier. Plus an additional residual income.
#11. How much income can I get in Onpassive?
Onpassive which is an Artificial Intelligence (AI) based information Technology (IT) company, which will become the world's first unicorn (billion) company in a short time, thanks to the state-of-the-art Al application tools of software base, in which if we too with visionary thinking its Gofounder Members If it is made, then surely our income growth will be in lakhs of crores of rupees. Such an opportunity does not come again and again, with a little faith and trust, make sure to register yourself.
#12.Aren't you worried about the competition?
No, we will be an asset to every business, online or offline that the customers need to survive as we offer a complete suite of tools.
Furthermore our products are unique, proprietary and use the revolutionary latest AI. Technology,
We are ahead of our competitors for at least 3-5yrs.
#13. WHY CUSTOMERS WILL LIKE ONPASSIVE PRODUCTS?
There are several reasons for this:-
All our products will be customer friendly i.e. simple and easy to use. People from all walks of life can use it with basic knowledge-sheet. It is more of a plug and play system. Tutorials are available in case you get stuck at any time.
The products will be far better than the ones available in the market right now and some of them are never seen before.
Cheap and cost effective. All 40-50 digital products are bundled. A single monthly package that provides absolute value for money. There is no need to purchase them from different vendors. All are available under one roof.
We have designed a residual income model for all who come to ONPASSIVE to use our products.
#14. What is CATMO?
CATMO:
The word ONPASSIVE is used to explain.
C - Complete Digital Solutions
(Total Internet Solutions Company)
A - automatic, artificial
Wisdom (All done for you)
T - Targeted traffic to your business (increases your business)
M - money. Unlimited residual income that results from CAT.
O- ONPASSIVE is built on these four pillars which ensure a total
Freedom (time and money).
#15. How does the residual income model work?
This is a unique, proprietary & Revolutionary model that works on 3 by infinite structure.
#16. Do I need to bring people?
No. Automation and artificial intelligence team builds, recruits and sells for you as traffic increases.Mare is one of the products. It will be available only after launch.
In the pre-launch, the founders are building teams by sharing this opportunity with others.
#17.What if I become a founder and don't build a team or what?
Share this opportunity with others?
By becoming a founder yourself, you created a visionary team to adopt this concept. It has already positioned you in the top 1% of the company structure. The only thing is that you will not be eligible for any bonus during the soft launch because you have not formed a team. You are entitled to all other bonuses in the future and be a part of company marketing campaigns done for you.
#18. How do I get paid?
You get paid instantly whenever a sale happens directly to you or your team. Commissions are credited to your O-Wallet and you can pay from there anytime. (24 * 7 * 365)
#19.Will our income stop when there is any strong competition?
No. Keeping everything in mind, we took 2.5 years to develop our products and use the latest AI. The technology to keep us ahead for at least 3-5 years without any competition. If we face stiff competition in one or two products, we have another 40-50 products to help us maintain that strong market presence. We will continue to upgrade the existing products to keep us afloat. Plus, the products we're launching are just the tip of an iceberg of what's to come. We will invest in new innovations and technologies.
#20. Won't it saturate when it reaches 4.5 billion customers?*
Our compensation structure is unique, progressive and relevant. All the chairs we have are good from TRIPLE ENTRY BONUS. For everyone who is in this system, a new 3 ID feature will be created for them as a bonus after they reach a certain level and down on the date they reach that level. Then from there the cycle will repeat again.
And in the end, I will say that Onpassive means giving people a chance to earn crores as well as earning themselves without adding anyone.
Many more amazing things will come to the fore.
time will tell.
If you want to know more information about the company, contact me by clicking the given bellow link
Let me know your valuable decision on - [email protected]
------- Thank You --------
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Structuring a Playschool Business in India
Taking up play school business is a stance that is gaining popularity among the entrepreneurs of India. The primary reason this venture as a business is gaining popularity is because of its lucrative nature in terms of low investment, even lesser legal compliances and huge outcome. Makoons, a popular chain of playschool franchisee provider quotes an ROI on its franchisee to be 200% in 4 years; such is the outcome of this business. Once settled, this business does not give you the stress like recessions and low impacts.
Analysis of the Market
Indian Pre-School/Childcare Market to Grow at 19% during 2019-2024, Propelled by Rising Women Working Population
The business model has a good cash inflow and potential of seeing substantial growth based on the entrepreneurial drive driving it. The potential of growth in this sector is humongous. Following are a few graphs that will show the potent growth in this business filed. The following graph shows how the return on human capital investment as a function of age is.
Structuring a playschool business in India – Process Chart
But no matter how lucid and easy going business field one might be in, one certainly needs a good business plan to grow aggressively in the market. As it is commonly said, a stagnant business/product is as good as a dead business. Therefore, to start a business too, one needs a good business structure. Here are a few items that are supposed to be in the checklist in starting a playschool business:
Selecting a business model
When one plans to start a playschool business in India, he has two options in hand i.e. either start his own venture or take up a franchise. Both of them have their own set of advantages and disadvantages.
On getting a franchisee, there are certain benefits like there are certainly advantages like:
· There is no requirement of aggressive marketing or campaigning that is taken care of by the brand-name holder.
· The terms set out in the agreement for setting up a business model is easier and has very low investment criteria.
Let us take a look at the top franchisors and the criteria they site
· Required investment for Kidzee Playschool is just Rs. 15 to 20 lakhs and the required floor area is 2500 – 5000 square feet
· The net investment to open a Makoons play school franchise in India is also under Rs. 12 -15 lakhs and the minimum required area is 1500- 2000 square feet.
· A Euro Kids play school is about Rs. 15 lakhs, and the required floor area is a minimum of 3000 square feet.
· One needs a minimum investment of Rs. 6 lakhs to open a Shemrock franchise preschool in India as well as a floor area of 2500 square feet.
· The cost of opening Bachpan franchise is 12-15 lakhs and area required is 2000 square feet.
· The return on Investment assured by this franchise is easy to achieve and are considerably high. The risk factor involved in such franchise business is very less.
· Professional support in terms of setting up the school (pre-defined infrastructure, staff and administration), managing it, getting market recognition etc. are some advantages of having a brand franchise.
Advantages
· One gets to handcraft one’s own business model. One can choose a partner and a scale of business investment of his choice.
· There is a certain degree of freedom as he is not bound by a standard form of agreement.
· He gets to apply his own expertise, entrepreneurial ideas into it and design an innovative venture.
Commercials
One of the important aspects before venturing into legal formalities is to have the commercial structure clear. What could be the source of funds? How much of debt or equity needs to be injected in the business:
Investment Required
1. Land and Building – Ranging from 1500 square feet to 2500 square feet
2. Capital Investment – Ranging from Rs. 8,00,000 to 10, 00,000 (depends on the scale of business.)
3. Furniture like plastic chairs, tables and classroom equipment’s amounting to 40,000- 80,000
4. Play equipment’s like rockers, slide etc. Also book racks, wall hangings and staff furniture needs to be considered
5. Appropriate Human Resources qualified to man the organisation. Minimum wages that need to be paid out is 80 rupees per day. 1 staff per 10 students and 1 teacher per 8 students. A venture like this typically has 30 -50 students large infrastructure can have up to 170 students.
The Return on Investment as quoted from famous franchises is approximately 2 to 3 years depending on the franchise and the scale of the business. Setting up a franchise is easier.
The process is as follows:
· A simple forms needs to be filled in their website.
· They are going to conduct the survey if one meets their criteria to select a favourable location, do the marketing and campaigning.
· You will be able to start a playschool with their guidance at every step.
· There are several portals which provide gateways to apply to these playschool franchises. Like www.startingfranchise.in
· But if the venture is one’s own, then certain factors have to be kept in mind before making an investment in order to reach an ROI. The factors that need to be taken care of are as follows:
· Geography – Parents till the initial stages of the growth of the child do not want to send their children far, therefore it has to be in a residential area with open spaces around. Again depends on the locality.
· Demographic Profile – Once the location is fixed, than one needs to look for the demography of the area. A place with a nuclear family would be more likely to send their children to play school than places with joint family where the child mostly gets its education from elders. Also it is advisable to keep a tap on the type of income group people that live there. It will help set the fee structure.
· Market Survey – Conduct a survey to find out the potential number of students and the preference of the kind of playschool.
Break Even Point
Step 1:
· From the industry standard, let us keep the Break Even Point (where both Fixed Cost and Variable Cost are absorbed) at 1.5 years
· The Fixed Cost is assumed at initial stage as INR 10, 00,000 (FC)
· The Variable Cost is expected to be 4, 00,000 (TVC)
· Also, we set a target to break-even our business in 1.5 years.
Step 2:
· Find out the annual fees that your competitors are charging to estimate your fees.
· Let’s assume that the fees charges would be INR 25,000 per student and the number of students to be X. Therefore the Total Revenue (TR) would be INR25, 000X.
Step 3:
Contribution = TR – TVC
· 25,000X — 4, 00,000.’
Step 4:
· We have kept the break even timeline as 1.5 years. Whatever is earned over and above our variable costs, will be used to cover the fixed expenses. Post that all earnings would be to be profits of the institution
· Divide FC by Contribution to get your breakeven period in years.
· Therefore we get the following equation:
· 700,000 / (25,000X — 400,000) = 1.5.
· The value of X stands as 34.67.
· Thus we need at least 35 students for first 1.5 years to realise all costs.
· Even after the breakeven point, the profit will be INR 4, 75,000.
3. Legal Formalities
In case of playschools, the legal compliances are very minimalistic. Thus the cost of litigation that may arise out of such process is also very less.
1. The Shops and Establishments Act is not applicable
In case of playschools, the Act is silent and one can run your playschool without a registering under Shops and Establishment Act.
Labour laws:
The following labour laws have to be kept in mind:
1. Provident Fund payments – If there are more than 20 employees the organisation has to abide by provident fund rules otherwise may be subject to penal provision under 14B of the Act of 1952.
Checklist of the same could be found at https://unifiedportal-emp.epfindia.gov.in/epfo/
2. The Minimum Wages Act, 1948 – The minimum wages for primary schools is Rs. 80.
3. As per the Payment of Bonus Act, 1965 – If there are more than 20 employees, one needs to pay a 1 month at any time during the year.
Forming the entity:
If you start your own institution, it can be done either as a partnership or as a Section 8 company or even an NGO under a trust. It is usually easier to form a partnership, and cheaper and quick to register. Forming a company can take up to 4 weeks, and costs around Rs. 35000. Be careful with the formation of the partnership deed and the profit sharing.
LLP in India has certain regulations which need to be abided by, according to the LLP Act, 2008 in India. Although the regulations are more than partnership firms but less than floating a company given the ever increasing regulations for companies under Companies Act.
Running it in a residential area:
Most playschools are located in residential areas. The first thing that needs to be looked into is whether the rental agreement permits it. Also, if it is an apartment or consortium or society apartment, the bye-laws of the apartment/association/ society consortium should be looked into for permits to run a playschool. Otherwise, there is no running a playschool in residential premises. Requisite permission has to be taken from the society it is operating in.
It has been decided by Courts in different states that a chartered accountant, yoga teacher and lawyer can carry on their work in residential premises so there is no reason why a playschool cannot be carried on as well, as long as the disturbance to neighbours is minimized.
Maharashtra Preschool Centres (Regulation of Admission) Act of 1996 or Tamil Nadu Private School Education Act:
These Acts provide for compulsory registration of preschools in certain state. Only in a few states, one needs permission from appropriate authority for starting preschool in Maharashtra. It should be education officer of Municipal Corporation who will provide with the certificate. However this is the only state where you need such permission. The procedure is broadly as follows:
· Name the institution. It should not duplicate
· Define your budget.
· Develop a preschool curriculum
Deciding a curriculum
The final step to see the business set up to reach its initial stage is setting up a curriculum for the day school. Most of the franchisee have international affiliations with Early Child Education curriculums which depends upon the type of playschool being formed Children of this age group are mostly very active and require engage in various activities. Their mindset is set to explore, observe and grasp and learn quickly. Their socio economic backgrounds may be different and so shall be their languages thus every child is different in terms of energy and understanding.
There can be different programs based on the age group:
Mother Toddler program for 13 months and 2 years of age: Mother Toddler program again is designed to help mothers understand child’s socialisation needs and help them develop their skills while playing.
Early Childhood Teacher training program (E.C.C)/Nursery teacher training program:
Such programs are aimed towards training students to be ready for pre primary or early school. Theory plus practical courses of 7 months are advisable for this stage.
Day Care center curriculum – It is a different sort of set up. Most of the parents are working and are unable to provide teaching time to their kids. Such parents look for quality preschools where their child could get proper early childhood education.
An ideal playschool curriculum fulfils all the requirements of a child. A typical preschooler’s curriculum includes a good mix of reading, preschool worksheets, writing and math exercises along with colourful fun preschool activities. Such wide scale of activities helps children in learning and developing their skills in all the fields. Children are quite fascinated by playful activities and colourful objects and also appreciate the playful moments. There are professional advisors who can help in developing a good playschool curriculum. It is advised to consult them because it is the first learning stage of the child and should not be dealt with.
For free consultation on starting your preschool call us at 1800 5721 530
#playschool#preschool#earlychildhoodeducation#kindergarten#schoolfranchise#school startup#education#best play#school#franchise
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Challenge Of Enrollment In Higher Education
One of the key objectives of India's draft National Education Policy is to construct the gross enrollment proportion (GER) in higher education to in any occasion 50 percent by 2035. Since the current GER stays at basically 26.3 percent, increasing it in the accompanying 15 years will include critical organizing, change, and bolstered utilization.
At this moment, starting late released All India Survey for Higher Education (AISHE) report 2018 anticipate criticalness. It doesn't simply give a framework of the current higher education scene however then again, is illustrative of zones that need sincere thought if the 2035 target is to be practiced.
Gender Equality
By and large, beginning at 2018-19, 37.4 million students are a bit of the higher education game plan of which 18.2 million are female. This records for in excess of 48 percent of the full scale enrolment, an extension of a rating point from the prior year. Looking back, this number was basically 1.2 million out of 2010-11.
Enrollment in higher education
While this improvement is crucial, it isn't dependable across different streams. Since nearly around 80 percent of the total enrollment in higher education is at the undergrad level, a gender direction split across five huge streams including arts, science, commerce, innovation and engineering, clinical science, and law presents a more nuanced picture.
While female students contain most of the hard and fast enrolment in arts and science courses, the relating share for engineering students remains low at just 29 percent. This is noteworthy since engineering fuses contraptions, PCs, mechanical and information advancement—regions that are commonly more occupation beneficial.
Also, ladies' made sure about under 40 percent of hard and fast enrolment in the board similarly as law streams. Of course, women make up in excess of 60 percent of the hard and fast enrolment in the clinical sciences. These tendencies add to gendered ramifications for work notices similarly as remuneration structures.
enrollment in higher education
To ensure widened and reasonable gender direction interest in structuring and other particular courses, different components must be taken care of. In 2018, the IIT-JEE (India's lead planning choice test) had under 30 percent, female competitors.
For sure, even among them, only 12 percent made it to the best 25,000. For these numbers to improve, it is essential to address understood inclinations that exist all through the education structure. It fuses keeping an eye on the issue of speculations identified with building-related zones legitimately from the school level.
Moreover, assistant issues like comparable access to quality training for tests, thorough school/school conditions, geography, changing business points of view towards enrolling women across particular work employments, etc., have a heading on enrolment rates.
As an underlying advance, it is essential to grasp the expansion and level of these issues before keeping an eye on them.
Concentration Of HEIs
Six Indian states—Uttar Pradesh, Maharashtra, Tamil Nadu, West Bengal, and Karnataka—speak to in excess of 54 percent of the hard and fast understudy selection in higher education. Of the 39,931 universities the country more than, 50 areas (out of 731) speak to more than 32 percent.
Enrollment in higher education
Along these lines, despite the fact that the school thickness (per lakh qualified masses) is 28 nationally, it shifts from seven in Bihar to 53 in Karnataka. Such spatial uniqueness is an impediment towards extending the GER at an enthusiastic pace.
For obstructed sections of society, the open entryway cost of higher education (drive, motel charges, etc.), is normally unnecessarily high and forestalls the education methodology. It can even be the choosing variable for picking a higher education association or choosing to stay away from the identical.
Since promote powers have expected a huge activity in the higher education scene, land esteem has been unpretentious. While urban concentrations in India have performed reasonably well similar to access to higher education, policy interventions for access to HEIs in hinterlands will be fundamental to arrange growing social desires and extending the GER.
The Low Number Of International Students
The quantity of international students is commonly a trustworthy pointer of the quality and intensity of a higher education system. Beginning in 2018-19, only 47,427 remote students were gotten together with the Indian higher education system, which isn't adequate for a country with more than 950 schools.
This number stands at more than 4,00,000 international students in China, more than 3,00,000 in Germany and 75,000 in Singapore. Comprehensively, India considers shy of what one percent of every single international understudy.
Low number of International Students in Indian Universities
Impending international students will by and large select HEIs subject to international rankings just as the simplicity and typical cost for basic items in have nations. Indian foundations have fail to remember for the primary 100 of world school rankings appropriated by supposed situating frameworks.
The overflowing of Indian students for education abroad is itself over numerous occasions the inflow of international students to India. It doubtlessly communicates the necessity for more noteworthy quality HEIs in India across disciplines.
While the Ministry of Human Resource Development has uncovered the 'Study in India' movement in 2018 that tries to extend the quantity of international students to 2,00,000 by 2024, awards and bursaries can't fill in for associations that can give quality education.
At present, notwithstanding India's neighboring countries, African countries like Sudan and Nigeria speak to practically eight percent of the international understudy got by the nation.
While improving the idea of HEIs is a long stretch measure, ensuring predictable advancement and acclimatization of students from African countries will yield respectably energetic results. This consolidates encouraging visa support structures, ensuring the settlement of students in socially touchy conditions and reasonable grievance redressal parts.
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WHY JOIN SHOOLINI UNIVERSITY?
Going to college is a right, which gives us an opportunity to enter the world of responsibility, knowledge, competitive intelligence. There are also many who manage to do just fine without a college education, but as a whole, the figures are obviously the more educated we are, the more productive we are in society, and thus the whole life. In. For a successful and satisfying life, it is necessary to choose the right college and, Shoolini University gives you Five amazing reasons for it.
The main purpose of attending college is to pursue a degree to get in-depth knowledge of the subject and have a Successful Career. When a student joins Shoolini University, not only can he focus on his mainstream, but he also gets the opportunity to learn other fields which will help him to excel in life. You will attend a lot of workshops conferences and seminars, which lets you explore a world of knowledge outside the classrooms even. Our students experience many activities that are as creative. Shoolini is your ocean of knowledge and cultural exposure where you get the opportunity to share and acquire knowledge and academic skills.
Why should you choose Shoolini?
Why get limited by your coursework?
Professors at Shoolini University are also patrons of students. This is a common feature in most universities, but Shoolinians can actually bank on their tutors. You get a chance to learn your favorite subject under the patronage of skilled teachers as we have included open electives that allow you to follow your passion. A good percentage of Shoolini University professors have degrees and experiences from abroad with excellent academic records from IITs and IIMs.
What can college add to your personality?
The biggest boost from college is an increase in confidence. The interesting fact is that when you join the first year in college you are an amateur but by the end of the final year, your personality changes drastically as we make you go through an interesting academic curriculum which includes a special programme called SPRINT which makes you ready for the corporate world outside. You develop high self-esteem, greater knowledge, good networking, and industry exposure. Gradually confidence develops naturally as you study at Shoolini University.
Do you plan to study abroad?
International exposure gives students a platform for future progress. International Alliances and programmes like student exchange at Shoolini University helps students to work in a global environment. Foreign tours are considered important and fruitful as students at Shoolini University acquire intelligence, network and business ideas.
Are you dreaming of joining the corporate world?
Shoolini University has pledged to give a safe career to its students. The university’s placement cell works throughout the year to seat its students. Students at the university pursuing a degree are known for summer training or internships that provide them with a platform to build industry exposure and careers.
An Accelerated Development credit course at Shoolini University SPRINT is inspired by Stanford’s mini-MBA program to help students reach their potential, gain knowledge, practical skills and confidence required to thrive in the competitive corporate world. The program complements academic studies and career ambitions and also helps students develop a raft of competencies to upgrade their capabilities. Students get exposure through foreign tours and student exchange programs that help them to build professional relationships with students and professionals abroad.
Want to write your own success story?
A degree from Shoolini will be your ticket to earn a good salary in the corporate sector. As you select your major with better career prospects, your chances increase with higher salary increases. Our highest package goes up to 15 lakhs. But not only jobs but Shoolini University gives opportunities and resources to build their own startups, students have the opportunity to travel overseas and have learned business skills and entrepreneurship.
Get ready for some new experiences!
Variety of interest is also a big part of penetration these days. Since you will be working with many different personalities and ethnicities as you start your career, college can help prepare you for this. The college is often a mixture of many areas of the lives of many different people. This can expand your horizons. Students learn from different cultures and their intellectuals grow as well as the practical spectrum.
#Shoolini University Solan#University in Himachal#College in Himachal#Himachal Pradesh#MBA in Himachal
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