Recurring Deposit Advantages and Disadvantages
You would already know about the fixed deposit, wherein you invest your money and get a fixed return at the end of the tenure. A fixed deposit is for investing a lump sum amount, but what if you don’t have…
Service-Based Business Advantages and Disadvantages
Product-based businesses differ from service-based businesses in just one aspect, which is the production of the physical product. In today’s world, if you pick any big or growing sector, you’d find out that within the same domain/sector/industry both service based…
Value Added Tax (VAT) Advantages and Disadvantages
Value Added Tax, also known as VAT, is imposed on a product or a service at every step in the supply chain. The logic is simple, stating that if the product’s value is enhanced, then the value-added tax should be…
PPF Advantages and Disadvantages
PPF Full Form is Public Provident Fund, and it is a government saving scheme. The saving scheme is meant for long-term saving, and you can get a return at the end of the maturity period. The government pre-determines a rate…
Savings Account Advantages and Disadvantages: Check Pros & Cons
We all need to save money for a rainy day, and we are sure you would also not be interested in spending all your earnings every month. The best way to save money is through a saving account. Because of…
Post Office Savings Accounts Advantages and Disadvantages
You need a saving account for day-to-day transactions or parking extra money. You have options to open a saving account in a private bank or a public sector bank. There is an additional option that you have. You can also…
Mutual Fund Advantages and Disadvantages
Stock markets offer a higher return when compared with fixed deposits and recurring deposits. If the market is bullish, then the returns will even be higher. Many people cannot invest in the stock market because they don’t know the stock…
Mudra Loan Advantages and Disadvantages
A refinancing program called Mudra is made available to banks and microfinance organizations. This program, a wholly owned subsidiary of SIDBI, offers banks and microfinance organizations refinancing options against the debts they have given to start-ups to encourage the growth…
Offline Business Advantages and Disadvantages
It is true that whenever buying something, trust is one huge factor that people consider. And for sure, offline businesses are the best in terms of the trust factor, because a lot of things can go wrong with the product…
Partnership Business Advantages and Disadvantages
There are different ways to do business. Some people prefer doing it all alone, while others prefer a partnership. While engaging in the partnership business, you can be two or more two people. In addition, you can partner with a…
