Freelance Writer for...ย โขย 1y
Most responses here make sense. Your business needs cash to grow. A fixed cash outflow right now could hurt your growth and increase the risk of running into a cash crunch. But let's assume your sister NEEDS the car. In that case, I suggest buying a smaller car, preferably a used car from a trustworthy source. Buy it in your company's name of course to claim depreciation and interest expenses.
Hey I am on Medialย โขย 1y
The biggest problem faced by those who have made money through predominantly cash transactions in personal-centric businesses in Kerala and India is the lack of a place to store the accumulated untaxed cash. They do not need returns; they want an ass
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ADJUVA LEGALยฎย โขย 9m
DBA Lessons for Founders - TOPIC 3 Types of Adjusting Entries - Depreciation (A Special Way of Converting Assets to Expenses) You're still running Tech Solutions India. ๐ What is Depreciation? ๐ค Think about your big-ticket items that last for y
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Hey I am on Medialย โขย 1y
Hey everyone! I'm working on a peer-to-peer car-sharing platform where car owners can rent out their vehicles to people who need themโwhether for a few hours or a few weeks. Think Airbnb, but for cars! The problem weโre solving: โ Traditional car r
See MoreBuilt Different. Bui...ย โขย 8m
I noticed that the Medial app has a 'Startup Showcase' section, where the most-voted startup wins a prize of โน15,000. While the cash amount may seem modest, I assume the real value lies in the professional mentorship offered. Has anyone here won this
See MoreInnovating Auto Care...ย โขย 1y
๐ Help Us Shape the Future of Car Care! ๐ At DriveLane, weโre creating a one-stop platform for all your car needsโdetailing, workshops, accessories, and more. Our mission is to make car care simpler, affordable, and personalized. Before we launch,
See MoreTrying to do betterย โขย 1y
Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that
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Building AI Applicat...ย โขย 1y
At the moment when Porter turns to be India's Unicorn recently(probably 106th Unicorn) I can remind myself of more startup by name TruckEasy which almost was with the same product eventually got shutdown with intense cash crunch in its last days! Po
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