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ASPIRE FOUNDATION focuses on supporting entrepreneurs, equipping them with AI data solutions can significantly enhance their business growth and sustainability. In the modern world, data analysis is a key competitive advantage for all businesses. Entrepreneurs plan how technology can scale their operations and improve decision making. ASPIRE FOUNDATION empowering entrepreneurs, AI-driven solutions are crucial in helping businesses streamline […]

ENTERPRISE RESOURCE PLANNING AND COMPLETE REVENUE MANAGEMENT ASPIRE FOUNDATION specializes in nurturing entrepreneurs, equipping them with the right tools crucial for their long-term success. One effective tool to streamline operations and promote growth are an enterprise resource planning (ERP) and complete revenue management (CRM) system. In competitive environment, entrepreneurs face many challenges in managing their

The new definition of MSME, applicable with effect from 01.07.2020, is based on the composite criteria of turnover limits and limits of investment in plant and machinery or equipment’s. The same limits apply to both manufacturing enterprises and service enterprises. The following table shows the classification of MSME into micro, small and medium categories based

Start-up refers to a new business that intends to grow by and the solo founder, have employee, and intend to grow by a scalable business model (innovation, development or improvement). It is to be registered with DPIIT. Other features are, Start-up is defined by the DPIIT’s start-up notification No. GSR 127(E) dated 19/02/2013. No investment

The modern era is a competitive environment. Survival entirely depends on competitive and effective marketing strategies. Marketing covers: Capturing market insights by collecting information and forecasting demand: conducting market research etc. will boost revenue. Connecting with customer by analysing consumer markets, analysis business market and tapping into global markets will also boost revenue. Building strong brands

Team work is the new rule for employee productivity. Traditional thinking about team work has often been based on intuition and observation. But that approach is not well suited to today’s work place, which demands that teams to adapt to constant change and disruption. The new science of teamwork designs a way for team members

The term costing and pricing is important in the case of purchase departments, production department, logistic department, stores, distribution channels, marketing division and even in accounts and IT department. The purchase department is very particular about the quality of the raw materials or other products including capital goods.  At the same time, they have to

Aspire Foundation is a specialist in loan management. These days, there are many business units failed due to bad loan management. Loan management starts with the proper evaluation of owner’s fund and external fund. The mix is very important. Cash flow statement extracted by an expert after considering the risk factors are to be the

Accounts division of an enterprise is responsible for preparing day book and ledgers. The entries in day book are well founded and supported by approved bills and voucher. A proper accounting system operated under an ERP system will provide various MIS to the management. These MIS include suppliers’ details such as their products, price behavior,