Introduction-In the present scenario it is of utmost importance to know about the competition and the competitors. Business Plan is executed to analyze the present and future prospects of the business and potential competitors entering the market. Every businessman must know the strength and weaknesses of his business to sustain in the market. A Business plan format is a structural design of how the business will work and grows in the future. What is Business Plan- A Business plan is a structured plan reflecting the strength, objectives, marketing strategies, profit scenario and budget of the business. It is a document that describes the business, its services, financing activities and all the other details required for the success of the business. For any business, the Business Plan Sample is considered as a decision-making tool. A wide range of knowledge and experience is required from various different business entities. Key Components of Business Plan- Key components o
Functioning under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, Employees Provident Fund (EPF, or more popularly PF) is a program under the jurisdiction of Employees Provident Fund Organization, having its administrative command vested in the Ministry of Labour and Employment, Government of India. To brag about EPFO the least, it is one of the largest Social Security Organizations in the world, with respect to its customers’ base and the intensity of financial transactions harnessed. EPF Registration In defining terms, EPF is a part of the benefits package, which an employee is made entitled to during his/her service in a registered firm in the organized sector. Fundamentally, it is like a pension plan, a fixed sum of money that an ex-employee receives on a monthly basis upon the retirement and discontinuation of the salary. Basic mathematics suggests that a small sum of money to deducted and deposited to EPFO by the employer after adding an