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Types of Different Business Entities | Part 1

  Hey Everyone! After a long time! I hope you are doing well in your lives and are chasing your dreams. So, the topic of today's blog post is the Types of Different Business Entities or Structures in India . If you want to start your own business, want to become an entrepreneur, or are interested in business. Then you are at the right place. After reading this blog, I can guarantee you that you will be able to know everything about starting a business in India.  Before I start, just give me a quick favor by commenting down your thoughts and sharing it with your friends and family members so that they can also know how to start a business in India . I again request you to do these steps because it requires a lot of effort and time to write such blogs that everyone can understand easily for free! I have been blogging for 3 years now, but unfortunately, I don't get any engagement. So, I again request you to do those steps because it will encourage me to write more valuable blogs ...

Demystifying The Whole Indian Tax System In Simplest Way!

Hey everyone! Hope you are doing well in your lives and have started earning some money. So, if you are earning some money, this blog-post is for you. Even If not, you can still read, of it will help you in future when you will start earning. So, just give me a quick favour by commenting down your thoughts about this post, share it to your friends and family members; trust me, it will help them a lot. If you will do these steps, it will mean a lot for me as it takes me 1 month to understand it fully by reading several books, watching multiple videos, and presenting it to you in easy vocabulary that every guy can understand it easily without any cost took me consequent 8 hours to write without any break. So, I again request please do it for me!  If you intelligently read this blog, I can guarantee you that you will know more about taxes than a Chartered Accountant (CA) . Without wasting your time let's move to the topic: Indian Tax System Is Divided Into Two Types of Taxes : 1) Dire...

What is Innovation Accounting?

Hey everyone! In the previous blog, we discussed the Build-Measure-Learn Feedback Loop . However, we didn't dive deep into Innovative Accounting. In today's blog, we are going to explore the fascinating world of Innovation Accounting. We've already grasped the concept of a successful company's feedback loop. In that it's necessary to check whether our efforts to tune the engine of growth are bearing fruits, in other words, whether we are making progress or not. In the traditional methodology, companies use outdated accounting to check progress. However, the startup world is too uncertain for Traditional Accounting to work effectively. To solve this problem, Innovation Accounting comes into play. To understand the concept of Innovation Accounting, we must know the difference between Traditional Accounting and Innovation Accounting: Disclaimer: If you want to understand this fully, I strongly recommend to check my previous blog* Traditional Accounting: In the conte...

The Scret Behind The Successful Unicorns!

Hey everyone! Give me a quick favor that share this blog to your friends, family members, read the entire blog and leave a comment because to write this blog, I had to research so deep and it costs me around 1 month to gather the knowledge from distinct books, articles and from internet, and I had to compile that all knowledge into one blog with easy vocabulary.  So, let's start:  At the core of most startups is a force that transforms ideas into products. As customers interact with those products, they generate feedback and data. This feedbacks are both qualitative and quantitative ( how many people find it useful and how many people find it unuseful). The products of a startup are really experiments.  These experiments help them to learn about how to build a sustainable business and it is the outcome of those experiments. For startups, information is more expensive than money, revenue, sales, etc. Because it can influence and shape the next idea of the startup in ...

Decoding The Whole Concept of Supply and Demand!

Hey everyone! Today's blog will be fascinating! In this blog i will make you interpret about the whole concept of Supply and Demand.        Have you ever wondered why the price of petrol and other commodities fluctuate? Ever wondered why is the production high and demand low, vice-versa? Have you been bewildered about the Law of Supply and the Law of Demand ? You are at the right place! So, let's break these questions into simplest way: What is Supply and Demand? "Supply is the amount of a specific good or service that's available in the market. Demand is the amount of the good or service that customers want to buy." To understand this statement, you must know what a Market is? Market is place where Buyers and Sellers meet to exchange goods and services. Markets are based on Voluntary Exchange ( the act of buyers and sellers freely and willingly engaging in market transactions ). So, this is all about Supply and Demand. What is the Law of Demand and the Law o...

Why Can't Government Print an Unlimited Amount of Money? How Money Works, Exchange Rates, and the Global Dominance of the US Dollar

Hi! Everyone . Have you ever wondered what is the reason that the Government is not ending poverty by printing money? Why is the value of some countries more and some countries less? Who decide this? In 1947, 1 dollar was equal to 1 rupee. Today, 1 dollar is equal to 83 rupees. So, why this happen? Countries are trading in US dollars in place of gold. Why in US dollars and not in other currencies. Let's break down these questions in simplest way:  Why Doesn't the Government Print More Money to End Poverty? Imagine if the government could print extra money and give it to people. You might think this could help to end poverty, but there is a problem. Money represents the value of things which we can buy, like toys, food, and houses. If we print too much money without making more of these things, the value of money drops, and prices go up. In a simple way let's understand with an example. If you want to sell your second hand mobile phone. Suppose, you keep the selling price of...

Why The Whole Banking System Is A Scam?

Hello everyone , It has been a while. In this blog, I'll explain how the entire Banking System is a fraud. Here is why?               A lot of people in India and even in other countries deposit their money in banks, but they are not aware that the money they are depositing in the banks is going to be lended by the banks to another person. This system is called Fractional Reserve Banking which means banks can lend money they don't have and it is a criminal scandal that has been going on for too long. Also, we have counterfeiting sometimes called quantitative easing but by another name, the artificial printing of money which if an ordinary person did they would go to prison for a long period of time, but the government and central banks do it all the time. And also, we don't know the real cost of money because it's the central banks that manipulate the interest rates. And more importantly, we will talk about deposit guarantees ( but in India RBI run...