Articles of Association (AOA) is a most important legal document that defines how a company is managed internally under the…
Adjustment is the process of updating accounting records so that income and expenses are recognized in the correct accounting period.…
Import Export Code (IEC) is a mandatory 10-digit business identification number issued by DGFT for businesses importing or exporting goods…
Series A funding is the first major institutional funding round in a startup’s journey, where venture capital firms invest in…
TL;DR Monthly Recurring Revenue (MRR) is the predictable monthly income generated from subscription customers. It helps SaaS and subscription businesses…
Venture Capital (VC) is equity funding provided to startups with high-growth potential. Unlike loans, VC doesn’t require repayment. Investors receive…
TL;DR A proforma invoice is a preliminary invoice shared by a seller before a sale is finalized. It provides buyers…
Burn rate refers to how quickly a company uses up its cash reserves, typically measured on a monthly basis. It…
TL;DR LLP full form is Limited Liability Partnership Combines partnership flexibility with limited liability protection Requires minimum 2 partners No…
Handling B2B payments isn’t as straightforward as sending money from point A to B. Anyone managing finance operations in a…