Amidst the COVID-19 crisis, Facebook has been focusing on providing business tools for the survival of small businesses. According to the data released by OECD and the World Bank, in India, more than one-third of the small and medium-sized businesses on Facebook are facing cash-flow problems. Facebook has a wide reach in India, almost every …
Facebook’s $4.3 million grant to support small businesses in India Read More »
The freelancing economy is growing and freelancers are here to stay. Companies are changing their hiring policies to adapt to this new normal of working style. Hiring an ideal freelancer would be perfect when you have a one-time project, a limited budget, or want an expert for your project. Whether you hire a full-time worker …
In collaboration with the Indian Space Research Organisation (ISRO) & four other ministries, the government of India launched ARISE – Atal New India Challenges programme in order to support the small businesses and MSMEs. The step is in alignment with the vision of making India Aatmanirbhar and less dependent on the imports and products of …
The government’s rescue scheme for Micro, Small and Medium Enterprises (MSME) amidst the COVID-19 crisis is not performing up to the expectations. Small businesses contribute around 25% to the Indian GDP, therefore working on their health is the government’s top priority. To cope with the aftermath effects of the pan-India lockdown on the MSMEs, the …
Under the Credit Guarantee Scheme, Loans to MSMEs are Diminishing Read More »
As a freelancer or business person, your primary aim has always been delivering quality work and achieving customer satisfaction. However, if you look from a broader perspective enhancing the overall client experience is as necessary. Clients are the most important aspect of any business, and therefore must be satisfied at the end of the day. …
10 Ways To Improve Client Experience As Freelancer Read More »
Clients Revisions can be tough to deal with sometimes. As we look at the client process, the most challenging part is when clients constantly ask for edits to be made. Many times we find it really annoying when the client behaves this way after not providing a clear brief or asking for changes on something …
How To Deal With Client Revisions As A Freelancer? Read More »
With everything moving online in this digitalized world, the internet is an important source for businesses to reach out to potential customers. In order to sustain in this competitive environment, the need to attract more people is increasing rapidly. They have to go out there and make people aware of their existence. For two reasons, …
CHAMPIONS – A technology platform launched by the Union Ministry of Micro, Small and Medium Enterprises (MSME). Another step is taken by the government of India, to support local businesses and small enterprises. The web portal is a one-stop-shop for MSME ministry that operates as a control room and a management information system. The name …
Misconception: Working as a freelancer makes you socially uneasy The truth is that some people are simply awkward. Working as a freelance writer, artist, or corporate headhunter does not eliminate your social life, any more than working in a large office does not make you popular. Learn how you can be a professional content writer …
Being your own employer, having flexible working hours, and the freedom to choose your employment all contributes to the rewarding life of a freelancer. However, being a freelancer has its own set of obstacles. You are exclusively responsible for getting in work and handling your time and resources as a freelancer, in addition to dealing …
For many freelancers, total autonomy over their work schedule is both a benefit and a challenge. While you may have greater freedom throughout the week, many freelancers end up working significantly more hours than they did at their 9-5 employment. Weekends, nights, and even vacations may quickly turn into more time spent working. Besides, we’ve …
How To Manage Work-Life Balance As A Freelancer? Read More »
The COVID-19 pandemic brought along financial challenges for many economies and institutions. A major force behind driving the Indian economy, Micro, Small & Medium Enterprises (MSMEs) also faced a setback. During the lockdown, with working from home and minimized contact, the need for digital payments grew in India. Digital payments were once an option for …
MSMEs to shift towards digital payments for economic recovery Read More »
One of the most common reasons for an unsuccessful project is the lack of a clear and inadequate brief. Well-written creative brief works as a benchmark to evaluate the work. A creative good brief should result in two things, nailing the client’s expectations, and helping in creating the work that you are proud of. A …
As Erich Fromm says, “Creativity requires the courage to let go of certainties”. A too detailed brief is an indication of being firm regarding every minute detail that you want. It’s not bad to know what you want, but too many details leave no scope for expressiveness or invention. It is like following a tight …
Briefs: Reasons to balance between detail and creativity Read More »
When your brief and budget align, you are in a good position for future growth. A client brief specifying an accommodating budget gives the business a sense of direction to proceed further. As a client, it is your responsibility to frame the budget keeping in mind the kind of work you want to get done. …
A client brief is a critical input for the project. The brief is a document provided by the client to the business they want to work with. The information established in the document is used as the basis for the activity to be conducted. With the brief, you know the needs and demands of the …
Businesses are to be made responsible entities. To make them more serious about their contribution to society, the ministry of corporate affairs (MCA) has presented a new system called Business Responsibility and Sustainability Report (BRSR). A move for corporates to report all non-financial disclosures under the same single source. It is an improvised version of …
Startups may have to contribute towards India’s Sustainability Goals Read More »
Most freelancers may recall at least one instance in which they were not paid for their labor and wished they had a formal freelancer contract. Perhaps a client ran out of finances even though the job was completed, or more hours were added to a project, resulting in unpaid work. Therefore, it’s usually a good …
The government has decided to extend the ECLGS scheme to include individual entrepreneurs. This is a move to cover the lag in the economic growth caused due to Pan-India lockdown and the COVID pandemic. Individual entrepreneurs head more than 6.3 crore Micro, Small and Medium Enterprises (MSMEs), and larger companies across India. Under this scheme, …
Emergency Credit Line Guarantee Scheme(ECLGS) to cover individual entrepreneurs Read More »
A rising number of people are becoming interested in freelancing as technology advances. However, there is still considerable ambiguity regarding the taxation of freelancers and their profits. Freelance income is classed as ‘earnings and gains from firm or profession’ for tax purposes. While this may come as a surprise to some, it is because money …
Filing ITR As A Freelancer? Know The Rules That Apply In India Read More »
Medium, Small and Micro Enterprises (MSMEs) are the strength of the Indian economy. The sector alone contributes to 30% of the GDP and 40% of the total exports. In alignment to the Make in India vision, the government had taken several steps to support MSMEs. Starting with allocating USD Dollars 1 billion to the MSME …
As Lawrence Bossidy said, “Nothing we do is more important than hiring and developing people. At the end of the day, you bet on people, not on strategies.”. The emphasis on correct recruitment holds true in the light of the fact that businesses are built on the kind of synergy that its people bring to …
When To Hire A Freelancer vs Full-Time Employee ? Read More »
Insolvency and Bankruptcy Board of India (IBBI) has proposed a new framework for micro, small and medium enterprise (MSME) insolvency resolution process, reducing the time limit to less than 180 days. The plan aims to focus on making the procedure more cost-effective, quicker and easier allowing the debtors to continue running the business while allowing …
Insolvency resolution: Cheaper, faster and easier process on cards for MSMEs Read More »
Neha, who hails from Delhi broke a lot of taboos to reach where she is today. Coming from a business family, she was the first one to join the service sector. From not getting paid a salary to being asked to leave, and now opening her own PR firm, Neha’s resolve only got stronger. Its …
Neha: From zero salary to opening her own PR firm Read More »
When you work as a freelancer, you’re practically a one-man show, and you’re in charge of all of the strategic roles that go under the operations umbrella that keeps the show running. From funding to marketing to customer support, a successful freelancer handles it all. Amidst all this, being able to sell your services, achieving …
