Commercial financing for your business
When considering startup businesses, obtaining funding from external sources is no piece of cake. Banks and other conventional investors most often look at your venture’s stability, the concept of your business and its goal, your financial statistics and so on. It is therefore essential to maintain an accurate record of such details, and ensure that you maintain a flawless and positive record. This creates more potential sources for your startup to function in a stable manner.
Overview of Retail Industry in India
The Indian Retail Industry is one of the largest and fastest growing among all the other industries in the world. It has emerged as one of the most dynamic and fast-paced industries because of the entry of many new private players and their increasing participation accounting more than 10% of the country’s Gross Domestic Product (GDP) & 8% of the employment. So, it is said that India is the world’s fifth largest retail destination globally as this field showing gradually inching its way towards becoming the next boom industry.
Evolution of Startup India
A startup company is an entrepreneurial venture which is typically an emerging, fast growing business that aims to solve an unmet need by developing a viable business model around an innovative product, service, processor and platform. A startup is usually a company designed to effectively develop and validate a scalable business model.