Category: Startup & Entrepreneurship
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Zero-Based Budgeting: A Ground-Up Approach to Financial Planning
Introduction Zero-based Budgeting (ZBB) is an impact budgeting method that has gained global acclaim in the world of financial planning. Developed in the 1970s by business expert Peter Pyhrr, ZBB requires all expenses to be justified for each new period, rather than past budgets forming the basis of future spending patterns. Known for its “Start…
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Shareholders vs Directors: Who Does What in a Company?
Have you ever guessed who the owner of the company is? Shareholders or Directors? If Shareholders are owners, then what are Directors for? Let’s clear up any confusion in this article. Shareholders and Directors both act in tandem to conduct the affairs of the company. The Board of Directors is like the mind behind the…
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What is a Private, Public and OPC Company?
A common dilemma while starting a company is deciding the type of company. Private or Public? Or should I go for One-Person-Company (OPC)? Well, the answer lies in the idea of the business and how you see it in the future. Let’s decode each of them so that you can make a better decision. Whether…
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Have a Business Idea? Start Here!
So, you have a business idea and you have set your business objectives! The main confusion right now would be where to start? Which is the most suitable structure for your business idea? Deciding the structure of the business is important because it will define the legal expenses, compliance costs, taxes, and ease of investment.…