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Why TRANSIT INSURANCE is Important for Shop owners?

Why Transit INSURANCE is Important for Shop Owners?

As we all know, whether it’s life or business everything is covered by Insurance, just to save guard our life and business.

The insurance company mitigates our losses.

Every business must have a Transit Insurance, fire and theft insurance just to cover the uncertainties of nature and accidents.

As the whole country is under lockdown due to attack of COVID-19, resulting in heightened chances of theft – just to save guard our interest and minimizing losses just by paying a little premium to the insurance company which will take care of our goods and shops if any miscreant attacks our office or shop.

The transit insurance is much cheaper as compared to losses which we would make without any insurance.

For e.g. Cover of around Rs.50 Lacs we just need to pay the premium of Rs.2950/- which is cheaper than the loss we would make without insurance.

So it is advisable to buy insurance to save ourselves from unavoidable and unforeseen situations.

TRANSIT INSURANCE POLICY

The transit insurance policy is an Open Marine Policy which is customized as per the needs and demand of the industry:

We need to mention the article type which we are dealing with, what would be the packing of the product and what would be the mode of dispatch such as by Air, Rail, Road, Sea, Cargo or Courier services, what would be the single carry per invoice limit, is the return of the shipment is also included or not.

All the points mentioned below have to be taken care of before finalizing the transit insurance:

1. the most important point to be noted while taking the policy is which articles/ products we are dealing with.

2. Delivery from which location ‘x’ to which location ’y’, for e.g. from anywhere in India to anywhere in India.

3. Return Delivery from Warehouse ‘a’ to Warehouse ‘b’

4. What would be the mode of transport – sea, air, rail, road, courier or cargo services?

5. What would be the type of packaging?

6. What would be the single carry limit of each invoice?

7. What is the Excess Limit, which varies from one insurance company to another? Excess Clause is the limit which insurance company deducts while making the claim settlement. – For e.g. Invoice Value is Rs. 8000 & Excess Clause value is Rs. 2000 so the net settlement will be Rs.6000/-

For more information visit website or call at +91 8696491521

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Business Tips Homedecor Knowledge Based Blogs Kurtis Manufacturers Online Wholesalers Retailers Wholesale Clothing

A complete retailers guide to know about wholesale kurtis

When we think about comfortable traditional outfits, mainly kurtis come to our mind. Kurti is a combination of beauty and simplicity that’s why it is so popular in India. Ladies kurtis have been common and are always on trend. The main reason why it is so popular is the comfort and versatility. After kurtis invention it gained popularity very quickly because it is very simple and beautiful and wholesalers buy them in bulk. Within a very short duration of time wholesale kurtis has gained so much popularity and found a fashion statement among customers. There are many reasons behind the popularity of kurtis and one of the reasons is its usage.

A kurti can be used for many occasions including professional purposes and parties. Nowadays we can get numerous types of Kurtis that are of different lengths, style, and cuts. These include short Kurtis, Anarkali kurtis, A-line kurtis, leheriya Kurtis, straight kurtis and so on. The Anarkali type of kurtis is appropriately ideal for every body shape and looks most beautiful on taller women. Fashion is something which is always changing. It is very difficult to find a fashion trend that has not changed over the years but Kurtis is an exception here. Kurtis lasts forever in terms of fashion and it has not changed like other fashion trends. Cotton-based Kurti is most commonly used by women. You can’t get your summer style wrong with any of these designs. Rayon Kurtis keeps you warm during winter and makes you feel airy and comfortable during summer. There are also woolen kurtis which are in trendy in winters. Fashion designers are trying to keep the good pace with the fastest growing popularity of the Kurtis and finding the endless options for designing the kurtis according to the latest upcoming trends.

Cotton Floral Cad Embroidery Kurti With Pant And Dupatta
Rs. 710 / Piece
1 Set = 3 Pieces; 1 each of Size: 3XL, 4XL, 5XL
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Nilofer By Deecee Zarna Silk Digital Print Kurti Catalog
Rs. 509 / Piece
1 Set = 6 Pieces; Different Color / Design
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Chanderi Silk Embroidery Work Kurti with Pant and Dupatta
Rs. 900 / Piece
1 Set = 5 Pieces; 1 each of Size: S, M, L, XL, XXL
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Gogol - Looper Men's Collar Full Sleeve T-Shirt
Rs. 372 / Piece
1 Set = 24 Pieces; 8 Different Color; Size: M, L, XL
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Roman Silk Hand Work Straight Kurti with Pant and Dupatta
Rs. 1,895 / Piece
1 Set = 4 Pieces; 1 each of Size: 38, 40, 42, 44
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Rayon Plain Nyra Cut Kurti
Rs. 415 / Piece
1 Set = 6 pices, each of 6 different colours
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Missy - Cotton Printed Mother Nighty Gown
Rs. 158 / Piece
1 Set = 5 Pieces; Different Color / Design
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SRD - Beautiful Dola Tussar Silk Sarees With Satin Border With Blouse
Rs. 625 / Piece
1 Set = 1 Piece
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Sita - Fancy Linen Silk Shibory Print Saree with Blouse
Rs. 591 / Piece
1 Set = 7 Pieces; Different Color / Design
Buy Now
Cotton Cambric Printed Zari Dori Tussles Kurti with Pant and Dupatta
Rs. 875 / Piece
1 Set = 4 Pieces; Assorted Design; Size: 38, 40, 42, 44
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Ashita - Cotton 60-60 Printed with Hand Work Kurti with Sharara and Duaptta
Rs. 948 / Piece
1 Set = 5 Pieces; 1 each of Size: 38, 40, 42, 44, 46
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Muslin Straight Printed With Hand Work Kurti
Rs. 695 / Piece
1 Set = 5 Pieces; 1 each of Size: 38, 40, 42, 44, 46
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Georgette Embroidery Work Kurti with Pant and Duaptta
Rs. 439 / Piece
1 Set = 4 Pieces; 1 each of Color: MUSTARD,GREEN,BLUE,PINK
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German Silk Hand Work Kurti with Pant and Dupatta
Rs. 1,040 / Piece
1 Set = 3 Pieces; 1 each of Size: 40, 42, 44
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Kanika Vol 3 by Suryajyoti Modal Unstitched Suit Catalog
Rs. 814 / Piece
1 Set = 6 Pieces; Different Color / Design
Buy Now
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Business Tips Knowledge Based Blogs Manufacturers Retailers

Everything about GST Identification Number

GST Identification Number Brings Unified Market in India!

Once GST is implemented it will provide a unique identification number which is also called as GSTIN or GST Identification Number. It is similar to the TIN number which is assigned under VAT law, but it will be under just a single authority. Definitely, this will create a better tax administration and improve collection of taxes.

The structure of GSTIN:

  1. The GSTIN will be a 15 digits long code for all taxpayers.
  2. The first two digits will explain the state code and next ten digits will be a PAN number of candidates.
  3. 13th digit will tell the number of registrations a legal firm has within the state.
  4. 14th digit will be alphabet “z” which is constant for all the GSTIN.
  5. The last digit will be used as the checksum digit of the total number.

How can you apply for GSTIN?

The taxpayers need not to register again for GSTIN they will be validated through CBDT’s database. This registration is provisional for 6 months and as per the government requirement, candidates can submit relevant data within this duration. This registration is free of cost to everyone.

Profits having GSTIN:

If you are not registered to the GST Identification Number then you cannot collect GST from your customers neither can claim any input taxes credits already paid by him/her.

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Business Tips Kurtis Manufacturers Menswear Online Wholesalers Retailers Sarees Westernwear Wholesale Clothing Womenswear

Clothes that can be worn in Black colour

Trends in fashion industry vary rapidly. Each day a new trend comes in and old gets vanished. Yet there are some trends which never go out of trend and Black colour clothes is one of them. The colour black has many connotations. For some, it is a color which represents darkness and mystery, while for some it is a color of power and authority. Black suits every skin tone and is a figure – flattering color. It is a classic and most preferred color in both men and women’s clothing for all seasons. Wearing head – to – toe Black is the easiest and modish way to get dressed up. The best part of this color is it camouflages every stain and dust.

We at Wholesalebox provide a wide variety of best quality clothes and accessories both for men and women at wholesale prices for retailers. It is an online platform which bridges the gap between manufacturers and retailers and provides facility to deliver the order at the chosen place. Thus, shopkeepers can sell trendy and fashionable clothes and accessories to their customers easily. The color black is present in almost every type of clothing from ethnic dresses to western dresses. Following are some ethnic and western clothes, trendy at wholesale price:

  • Saree: A black colour saree is the safest way to dress up for any event, whether it is a sophisticated cocktail party or a big wedding. Every woman loves to flaunt the black saree. It is the perfect answer to “What to wear?”. It gives plenty of choices to experiment with your look. A black saree is the first choice among young girls as it highlights their sensuous side of personality.

  • Kurtis: Kurtis is worn not only casually, but is now worn formally in offices as well as at parties. Kurti is a garment that makes the woman look modern as well as traditional at the same time. A simple black colour clothes or a kurta can be styled up with simple accessories while going casually either to hang out or shopping. You can style up your party wear suit with the hair bun, glittering earrings, simple makeup and at the end carry your Minaudiere bag and you are ready to go for an evening party.
  • Western wear: Black top or T- shirts can be found in every girl’s wardrobe as it needs no maintenance and is cool to wear. A black top with blue jeans is a combination which never fails. These tops can be worn on a type of bottom like shorts, capris, skirts, patiala, etc. Black top is the preferred choice to wear on colorful bottoms. The black colour has an ability to make the woman appear slim; hence black color dress is the foremost option for an evening party. It looks elegant on every body shape. Wear it on black silhouette and black accessories to have a head – to – toe black appearance. You can also wear flat glittering bellies.

  • Bottom wear: When you don’t understand which color bottom will go best with your top or kurta, then black on the bottom will solve your problem. Black color fitted jeans can be worn under Kurta as leggings.

  • Men’s shirt: Not every man has a sense of fashion and style. For some guys, it takes a lot of time to dress smartly. A man can wear a black color shirt either in office or a party without a rethink.

  • Trousers: Trousers are comfortable and versatile bottom wear for men. Black trousers are great for any occasion and can be easily dressed up to be a gentleman. They are ideal for matching with simple T- shirts for casual wear as well as shirts for formal wear.

The black colour clothes, was and will always be an integral part of the fashion industry. Every piece of clothing always looks better in black. Love for color BLACK will never fade. Till then stay healthy and keep shopping!!

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Business Tips Knowledge Based Blogs Manufacturers Retailers Wholesale Clothing

How Traditional business can compete with online business?

Image of Ecommerce affecting businesses

“If you are not online then you are out of business race”

Is this true? The traditional businesses are imagined as four walls surrounding a mess of boxes, every month the businessman is traveling to buy shopping products. This type of business had no weekends and no time for family and restricted to typical men’s society. Can we change this orthodox and gender biased society? Where everything is online, what if traditional business also drifts towards the online buying of wholesale goods rather than every time going to market for purchase?

There is a company Wholesalebox -online wholesaler who overcomes this long gap between retailers and manufacturers.  They are an online platform permitting the retailers or shopkeepers to buy hassle free and improve procurement costs. They provide you a better product quality and orders are delivered at their chosen place. A detailed description for the profits, retailers can have by ordering online are given below:

1.  Traveling Cost saved:

It was a necessity for a businessman to travel to different cities for business purpose, i.e. to buy goods from different regions of India. Imagine a good which is brought to your shop through a channel of 4 different wholesalers of different cities and having their own margins, but buying online directly from manufacturers will save you traveling cost and of course, there will be less commission added to your product. With Wholesalebox online service you can save up to 25%-35% of the procurement cost on all the orders. They show product cost online and buy direct from the manufacturers so there is just a little margin their products.

2.  Business not Disturbed:

A Nuclear family concept is the latest these days and a big problem for business class. Earlier if a businessman is traveling for any business, then his family used to take care of the shop, but now for nuclear families, salesman or some helpers look after the business. This hampers the business, but if these traditional businesses shop online, then there is no need to leave your business for days until and unless you are on holidays.

3. Time-saving:

Traveling from one place to another for newest collections is a time-consuming task, but businessman always wants best and diverse collection for their customers. Now, through online purchase of wholesale goods saves time and energy. Also, you travel to various manufacturers regularly for the latest fashion while through Wholesalebox shopkeepers can be updated with the latest collections online anytime anywhere.

4. Updates on Fresh Stocks:

The biggest reason for traveling is the search for latest stocks. Usually, in fashion clothes, it is very important to keep yourself updated with the latest trends and thus shopkeepers keep on traveling to different cities for some new stuff. But online wholesaler update latest fashion clothes almost every day that too from pan India. Retailers just need to find out clothes daily on the website or mobile application simply add them to the cart and proceed further.

5. Best Price Displayed:

The main problem with the fashion brands is the price fluctuations from one manufacturer/wholesaler to another which kills maximum time of retailers. Wholesalebox declares its price openly(online) without any other hidden pricing and adds ratings after passing through quality check process. It is easier to compare your wholesale shopkeepers/manufacturers’ price along with your travel costs and wholesalebox price.

6. Better Money Flow:

Usually retailers have concerns that they take the goods without instant payments. Wholesalebox does not believe in money borrowings, they think that money flow is an important part of business. If you shop offline, you try to gather maximum stuff in one visit. But through wholesalebox, you can minimum order even for very low amount. It also allows you to keep your store/shop updated with latest trends rather than stuffing all at a time and resolves the dead stock issues.

7. No gender discrimination:

The major problem, why women are not into traditional is this casual traveling for gathering products for sale. Traditional business is men dominating, but this idea of wholesale online buying is a rational decision and gives chance for women to come forward into business.

Time to change your thoughts, this is the time of digital India. Through wholesalebox it is the time it updates your traditional business ideas with online wholesale shopping. Once you start using this online platform nobody can stop your growth.