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Impacts of GST on indian economy | effects of gst on indian economy

Gst can impact Indian economy in a big way. With the global market is going through a severe recession, Gst is not a threat to the economy at all. India is one of the countries that are benefited from Gst due to its large population.There are various sectors in the Indian economy, which benefits from Gst. With the economic slowdown in the global market, Gst cannot have negative impact on the economy. The following are some of the sectors that are affected by Gst:Agriculture: This sector depends upon agricultural products and other resources that are obtained through agriculture. This sector is the largest consumer of food and other food stuffs produced by any industry. With the demand for food dropping, agriculture also suffers.Construction Industry: With the economy being hit by global recession, construction industry also suffers. People who depend on the construction industry are the ones who are suffering the most. With this effect, people find themselves with reduced jobs, which …

How to start a business in India : 2020 Edition

The journey of starting a business is very amazing. Be it India or somewhere else. Everybody wants to achieve their financials goals that can only be done with a good business.To start a business you have to make a plan, have to do a lot of hard work , and face many obstacles. But you will have to complete all these processes to setup a perfect business. It in this way you can setup your own business. In this blog i will share the full procedure on how to start your business successfully - 
1. Write your business idea and plan
If you are going to start a business first of all you should have a perfect idea and a written plan on it. May be the plan is already in your mind so write down that idea on a paper to make a proper plan out of it.
2. Choose a business Location
The location play a very important role in setting up a business. Cause this is the place where you will drive your customers. You need the customers attraction to successfully run your business . Customers can reach your easily, others people can grave attention and so many benefits of having a good business location. This is important because if customers don't reach you easily there may be problem in selling your products or services.That's why its very important to choose a write business location.
 3. Finance for your business             
To get profit out of any business first you have to invest in it. But everybody has limited amount of money. So you can get loan for your business or can arrange money from somewhere else. In the beginning you may not get that much profit out of your business. So keep patience start with small. Many businessmen well that "Patience is the key to success in business".
4. Team build up
In any business a single person can do all the things that are necessary . So you will need a team to smoothly run the business according to your business size. And also be kind while hiring people in your business.
5. Online presence of your business
Today is the world of full technology. So now its very for you to take your business online. Create website for business and app. Online presence is very important.
6. Be good employer and take responsibilities 
If you are a good businessman and your business is running fine then you should understand the responsibilities that how to control employees, solving their problems, and there are a number of responsibilities besides these. You should know how to manage all those things.
7. Get your business Secured
 People take insurance policies to secure their future in the same you should also do this for your business. You should also buy insurance policy to secure the future and any unwanted loss of the business. It will help to grow your business.
8. Take the help of locals
 
To set or expand any business we need the help of people around us so wherever you are setting your business find sources to take help from the local public.Like existing businessman in the area and your friends.
9. Create a maintenance list 
When multiple number of people are working to start a business, so to keep the maintenance of business there should be someone who can make a list of maintenance that will be done  throughout the month or year. It will help to manage your money in a proper way.
10.Set Targets
It will create your more interest in  the business when you are start setting targets to achieve the final goal.In the beginning start with the small targets and then move to the big target. This will good to increase the size of your business smartly. Always set targets that where would be your business in upcoming months or years. You can decide these type of targets and start working according to the targets.
11.Leadership
This skill will help you to take control of your employees. Keep continue growing your business and leadership skills.


  so start your business asap.

 Best of luck for your new business.


also see how can you grow up your business

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