Sunday, December 4, 2016

Effects of denotisation on Start-UPS

As per 8th November 2016 order of Government of India the currency notes of Rs. 500 and Rs.1000 banned for legal tendering. It's a nice move by government against black money, terrorism, naxalism, etc. but the move has turned the daily routine very very difficult for small traders, new investors to start and operate their business. To start any business you need capital and to arrange capital as per government rules it is nearly impossible as any government or private financial institution ask  for many documents/guarantee/credibility. A new businessman needs so many licences to start his/her business. Too much documents needs to be arranged to open bank account, register his/her new firm and to register and obtain permission of various government departments separately makes his work very tedious and too much time taking.

The move of denotisation has made it more difficult to start new project especially on small scale. You need to arrange a long list of documents as per prescribed criterias, talk to consultant, appear before authorities, got completed many inspections and other procedures and everybody knows that nothing happens without involvement of mediators means give and take. For all these and to travel, call, document generation you need currency and till now availability of cash is a very big issue.

Suggest some ways and means for above issues.

Thursday, November 24, 2016

Employer v/s Employee

In commercial world two most important parts are one who works and other who gets executed and generally executioners is termed as employee and other one is known as Owner / Employer. Employee is important or employer is important it is always hot discussion between these two groups. Employee group thinks that due to their hard work their employer earns money   and has grown many folds with time and employer thinks that because he invested capital, taken risk and his intelligence has helped him to grow and increase and manpower is just a part of project/work. The price of manpower depends upon rule of Demand and Supply. The employee always obeys the employer and employer always made employee responsible for wrong doings and takes credit of right work. My view is that both parts are mandatory for successful execution of anything but profit/growth/reimbursement is generally more for employer and less for employee and reason may be because of gap in demand and supply. ‘Only Best Fittest Will Survive in This World’ is the most suitable term here at this point of discussion because in whole world generally anyone who is ready to spend will get solution. May be at some little cost or some higher cost.

So the solution is to go for good relations and employer must also give respect to his employees and employees should also work in a manner thinking that business is his own.