In the quest for generating passive income, individuals are constantly exploring innovative avenues. One such lucrative opportunity is leasing your property for the installation of a bank Automated Teller Machine (ATM).
Using debt to grow a business can be a strategic and common practice, but it also comes with risks. Here are some considerations and tips for using debt responsibly to fuel business growth:
The Prime Minister's Employment Generation Programme (PMEGP) promotes entrepreneurship by providing financial assistance to unemployed youth and artisans for setting up micro-enterprises. It aims to generate employment, support rural development, and preserve traditional crafts.
PMRPY stands for the "Pradhan Mantri Rojgar Protsahan Yojana." It is a government scheme in India designed to incentivize employers for generating new employment by contributing to the Employee Provident Fund (EPF) of new employees.
Corporate bonds are debt securities issued by companies to raise capital. When you invest in corporate bonds, you essentially lend money to the issuing company in exchange for periodic interest payments and the return of the principal amount at the bond's maturity.