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Showing posts with the label Business Economics

Rights of US Employees in Light of the Covid-19 Crisis

Article written by Smrithi Shibichakravarthy . Edited by Sugandha Nagariya . ABSTRACT (Gist of the Entire Article) The COVID-19 crisis has broad implications on a global scale. One of the major effects of this pandemic is a severe increase in unemployment rates, especially in countries like the United States. It is important that even in the light of the crisis going on, the rights of US employees are protected along with their best interest.  Human Resource Law has a major role to play in helping employees understand their rights and inform them of what action they can take to make sure that their employers do not take advantage of or mistreat them.  The Occupational Safety and Health Act of 1970, is an act passed with the intention of assuring the safety and health of the workers nation-wide.  It gave rise to Occupational Safety and Health Administration (OSHA) which works towards creating safe work environments and has established standards to be followed by companies

The Definitive Guide to Choosing a Revenue Model for Your Business

Article by  Eshani Jain . What is Revenue? Revenue is the income that an organization earns by selling its product or service. Revenue can be generated by a firm from numerous sources in the form of rent, commission, transaction fees, arbitrage, markup, service revenue, product revenue, consulting, brokerage fee, interest, dividend revenue, etc. Generally, revenue streams are categorized into 4 types which are as follows: Transaction based Revenue: revenue earned by one-time sale of goods Service Revenue: earnings generated by providing service to a customer and the customer pays for the time or expertise offered Project Revenue: earnings through a one-time project with a new or existing customer Recurring Revenue: revenue that is likely to be generated regularly for some time What is Revenue Model?  A revenue model is a conceptual framework for generating financial income. It states and explains the revenue earning strategies of the business. A revenue model id

Startup Funding in India: An In-Depth Guide

Article by  Eshani Jain . All businesses need a consistent and predictable stream of finance for their daily as well as long-term operations. Finance for short-term operations is known as working capital financing and long-term financing helps you manage and improve your startup’s finances . In this article, I will go through various ways in which your startup can raise money for itself. I will also break down each of the fund-raising processes and analyze the pros and cons of each steps. I will also briefly touch upon the legalities involved in each of the fund raising routes that startups can take. Startup Funding via Equity Finance Equity finance is the way of raising capital by selling the ownership of the company in the form of shares. In course of the initial stages of a company's growth, when it does not have sufficient revenues , cash flow, or assets to act as collateral, equity financing can attract capital from early-stage investors who are ready to take risks alo