What is a Section 8 Company? A Section 8 Company is a not-for-profit organization that is registered under Section 8 of the Companies Act, 2013 in India. It is also commonly referred to as a non-profit company or a non-governmental organization (NGO). The primary objective of a Section 8 Company is to promote charitable, social, …
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What is a One Person Company (OPC)? A One Person Company (OPC) is a type of business entity in India that allows a single person to operate a company as a separate legal entity. In other words, an OPC is a company that has only one person as its member and director. The concept of …
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What is an agency model for business growth? The agency model for business growth refers to a strategic partnership between a business and an external agency, typically a marketing or advertising agency, to help drive growth and achieve specific business objectives. The agency acts as a specialized service provider, offering expertise, resources, and guidance in …
What is a Public Limited Company (PLC)? A Public Limited Company (PLC) is a type of business entity in India that is publicly traded on a stock exchange. This means that the company’s shares are available for purchase by the general public, and the company is required to comply with regulations related to public disclosure, …
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What is a Private Limited Company (PLC) in India? A Private Limited Company (PLC) is a type of company in India that is privately held and has limited liability. This means that the liability of the shareholders is limited to the amount of capital they have invested in the company. A PLC is considered a …
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What is an agency model for business growth? An agency model for business growth is a type of business model where a company outsources its sales and marketing activities to a third-party agency. The agency, in turn, promotes and sells the company’s products or services to the end customer, usually on a commission basis. The …
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What is a Limited Liability Partnership (LLP) Firm in India? A Limited Liability Partnership (LLP) is a type of business entity that combines the flexibility of a partnership firm with the limited liability feature of a company. In India, LLPs are regulated by the Limited Liability Partnership Act, 2008. An LLP in India is a …
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What does an Accounts Receivable Admin do? An Accounts Receivable Admin is a professional who is responsible for managing the financial transactions of a company. The primary role of an Accounts Receivable Admin is to ensure that the company receives payments for the goods or services it provides to its customers. This involves managing the …
What is a business Affiliate Marketing model? Affiliate marketing is a business model where a company (the advertiser or merchant) partners with an individual or another company (the affiliate or publisher) to promote their products or services. The affiliate earns a commission or fee for every successful sale or action generated through their promotion efforts. …
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What does an Accountant do? An accountant is a professional who is responsible for managing financial records and ensuring that financial transactions are accurate and compliant with relevant laws and regulations. Accountants play a crucial role in the success of businesses, organizations, and individuals by providing financial advice, preparing financial statements, and analyzing financial data. …
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