Archive for Author: admin@bfag

How to convert an LLP into Private Limited Company?

The main difference between a Limited Liability Partnership (LLP) and a Private Limited Company is that In an LLP, the Partners hold ownership of the LLP and also hold powers to manage the LLPwhereas in a Private Limited Company, the shareholders (owners) do not necessarily have to have management...

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Cash Flow or Profit, where should you focus more?

Profit is a financial gain which is typically a difference between amount earned and amount spent in a business. Cash Flow is the amount of money being displaced into and out of business which affects its liquidity. When new entrepreneurs start their companies, the main aim is to earn...

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Convertible Notes- All you need to know

Convertible Notes- All you need to know

A convertible note is basically a type of security which includes various instruments that are expected to be converted into stocks in future. These are your debt equity. These notes or series of agreements are issued to the investors at a very early stage in exchange for a share...

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Advantages of Employee Self Service Module in Outsourced Payroll Services

Advantages of Employee Self Service Module in Outsourced Payroll Services

An Employee Self Service Module(ESSM) is a common Human Resource practice that firms use to increase the transparency/efficiency of the employees with respect to payroll related questions, holidays and other issues. For the management of any company, answering these frequent questions of employees can be a time consuming task...

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