Micro, Small & Medium Enterprises Development (MSMED) Act,
2006 gave us clear definitions as to what exactly are the meaning of Small,
Micro and Medium Sized Enterprises. These definitions are based on the amount
of investment in Plant & Machinery in case of production or any further
processing of goods, and investment in equipments in case of Services.
Definition in relation to Goods
...
MSME Registration and Its Importance
Registering a start up company as a micro,
small or medium scale enterprise under MSMED Act in India automatically conveys
a plethora of benefits on the enterprise. The MSME registration is a totally
optional process for all relevant enterprises but companies prefer the
certification because of the following reasons:-
·
Under Credit
Guarantee Fund...
Section 8 Company Registration A Practical Approach
In India if
you wish to register a Non- profit Organization it can be done in three forms;
·
Trust
·
Society and
·
Section 8 Company
In India
Section 8 Company is the most preferred business structure for NGO
registration. In this article we will discuss...
What is Business Plan? A Step by Step Guide
A business plan is a written statement or document that gives
detailed description of a business or a division, mentioning its objective and
goal and the method of achieving the same. In fact before starting the
operations of a business, defining the business plan is a pre-requisite for
various reasons, getting the right kind of investment being one of them. The
business should be reviewed annually...
What is MSME Registration in India?
MSME
is termed as Micro, Small and Medium Enterprise and also include any other
category of business which falls under. MSME enterprises are becoming a prime
factor for developing countries to grow and helps to improve economic stability,
promoting equitable development for all. The government
of India is also supporting such enterprises by providing various aid such as
subsidies, schemes,...
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