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Sunday, 9 July 2017

Why should small business have a website?

We live in a fast moving world where every business is getting digitalized and coming over the internet. No business whether big or small would like to be left behind in this rapid growth age of digitization. If you have a business and you want to grow your brand you will need to have a website. Many people have a misconception that small business does not need a website due to their less tech-savvy nature or maybe their potential customers do not use the internet. Some even think their business type is not meant to be on the internet or maybe they do not have enough budgets to get a website developed or maybe they believe their business cannot benefit from having a website. But all these age old misconception have been washed off if you seen the latest trends in website market. Today's many small businesses are getting their websites developed due to various reasons and are benefiting from it irrespective of the niche they belong to.
Website development now-a- days are faster and more convenient. You do not need huge amount of money to get a website developed. Also with various tools available online, the task of designing and building a website has become easier. With much small scale businesses opening up an ecommerce site are breaking the barrier of business hours restrictions and are doing business round the clock. 

We bring you 10 reasons why small business should have a website.

1. Brand Identity
Every business today is either into a product based industry or a service based industry. Each business wants to create their brand awareness and wants to reach out to maximum number of people in less amount of time. By having a website, you can let your customers easily find you over the internet and enable them to get knowledge about your product or services with much ease. Having no website means losing business.


2. Another Marketing Channel
You may use various marketing techniques to gain leads and generate business through door to door marketing, reference, newspaper ads, pamphlets etc. Having a website acts as an additional marketing channel. Also it helps you collect customer data like email, phone no, etc by using your website's contact us forms where interested people can enter their details to enquire about your service.

3. Saves You Lot of Money
Having a website is ideally a very cost effective way to promote your services. As having a newspaper ad daily can cost you more money in long run than having your website developed up and running.

4. Your Digital Catalog
Every business has a catalogue of their product or services in order to showcase their work to clients. A website acts as a digital catalogue which includes portfolio or image gallery which can be viewed by your customers from any part of the world with an internet connection.

5. Acts as Your Advocate
Your website acts as your advocate who speaks on behalf of you whether you are physically present in front of your client or not. Since a website is always up and running 24X7 and 365 days a year, you can let your customers see it by giving them your website URL.


6. Enables You to Target a Wider Audience
Irrespective to your business location, a website gives you the power to do business at any other location. If you are a retailer and build your own ecommerce website, you can sell your products to a much wider market geographically at any location around the world.

7. Helps Your Customers Stay Updated
Since your entire website data is dynamic in nature you can keep changing it anytime depending upon your business need. So if you change your phone number or your address, you always let your customers access the most updated information about yourself. You can inform your customers about the arrival of a new product or service, any upcoming event or promotions easily and effortlessly by simply updating it on the website.

8. Acts as A Social Proof
New customers always do a proof check online before buying any product. The product reviews on your website and service testimonials by your customers creates a social influence over the buying decisions of other potential buyers.

9. Your Business Shows Up In Google Search Results
If you are a small business and you have a website, you increase your chances of getting featured in the Google search result about a customer search query which is matching your business products or services. With no website, your chances are zero. If along with building a website you do the Search Engine Optimization for your website, you increase your visibility to your potential clients searching on Google.

10. Ecommerce Market Is Booming

Gone are the days of window shopping, now -a-days people prefer to buy online as it gives them more variety in less amount of time and from their comfort zone. This has given rise to the ecommerce spending creating new business opportunities for small scale business to go online.

Tuesday, 27 June 2017

GST & ITS IMPACT ON INDIAN IT INDUSTRY

The long awaited Goods and Service Tax or GST is scheduled to be launched on 1st July 2017. GST is an indirect tax that replaces different state and centre taxes. GST is a tax that is levied on manufacture, sale and consumption of goods and services at national level. Hence it is going to impact on various industries such as IT, Banking and Finance, Service, etc.
Let’s see how GST will have an impact on IT industries in India.
One of the most important factors that impact the success of GST is the strong IT backbone that connects all trade and industries, state governments, banks, other stakeholders, etc. on real-time basis. By eliminating multiplicity of taxes such as service tax, entry tax and VAT it simplifies the levy and valuation on composite transactions.
India is the biggest sourcing destination for IT industries as it provides various services such as Software Development, Mobile App Development, Web Designing and many more. These are one of the most important sectors that are likely going to be impacted. India accounts for approx. 67% of US $124,130 billion market in IT sector.
Tax Structure: Present
The sale of packaged software is entitled with VAT and Service tax. VAT rate is about 5% in the state and rate of Service tax is about 15% including Krishi Kalyan and Swachh Bharat cess. In the case of manufacturing of IT products, the excise duty is also applied.
Suppose if the software comes in Hard Disk/ CD then the taxes involved are -
·         Excise Duty (for manufacturing product) .
·         VAT and Sales Tax (for sale).
·         Service Tax (for providing service as software can be downloadable multiple times).

After GST
The assesses needs to register in each state for his business. All the service providers are registered under Central Service Tax Department and Billing, and utilization of credit is done from one location. All the offices need to register their location. There will be no difficulty for the firms having only one location. But MNCs will lead to difficulties if not taken care of this issue.
Tax rate may come as 18% to 20%, so it may lead to increase in tax portion under GST. Therefore the cost of IT Services will rise, especially for end customers who do not usually claim the input tax credit. Under current tax regime overall rate of indirect taxes is come under 20% to 25 %( including VAT, Service Tax, Excise duty), and GST rate may come under 18 to 20 %. Due to this, price of IT product may be cheaper but IT service is expansible.

Hence the MNCs incur more cost on infrastructure. But after GST cost of IT product may be cheaper. In just a matter of time we will all come to know the overall impact of GST on the IT industry. For now it’s time to sit back, relax and let the GST go in action.

Monday, 26 June 2017

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Saturday, 19 November 2016

.Berlin Domain Now at Just $45

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Thursday, 1 September 2016

Trivia Softwares now sells .SRL Domains

.SRL domain can now be purchased at Trivia Softwares Domain website.

Why choose a .SRL domain extension?

  • Connect with the right audience by attracting Spanish or Italian customers who understand the .SRL designation.
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