Business

Vicky Kumar published in Business

All about IP1 license through one blog

India is a country where most people are unaware of this license. And those who are, are also aware of its complex nature and thus are apprehensive about obtaining it.

What is IP1 license?

IP1 License is the authorization or business licenses that DOT gives to those companies that want to be infrastructure provider. What is an infrastructure provider? An infrastructure provider is a business entity that facilitates telecom  companies and other technological firms.

It’s a license that sought by those who realize the value telecom sector holds for the development of India. That development can bear sweet profits such entrepreneurs as well. Thus, here is one blog that provides you all the required information about IP1 license.

What is IP1 license?

Telecom industry is only able to provide high speed internet services because resources like dark fibers exist. They are only able to lay their wires across the urban streets because of “Right of Way”. Their servers don’t catch fire because of so much pressure courtesy of Duct space. And, they have been able to thrive so much in wireless communication business because cell towers.

Right of Way, duct space, dark fibers and cell towers aren’t the resources that telecom companies can buy. They have to rent and lease it from Infrastructure Providers

Infrastructure providers are special business entities that are given the IP-1 License in India to provide such resources. The Department of Telecommunication only issues the IP1 license to them once they have followed up with the process of obtaining it.

How to get IP 1 license?

To become one of the few IP-1 License holders in India, you need to follow the steps that are specified below:

1.       Fill the IP1 License application that is available online, but have to be downloaded first.

2.       Attach the required documents to this form and post it via mail to the Department of telecommunication. Attach the DD of IP-1 License fee

3.       The Department officials will assess you as an applicant on the basis of your application and your documents.

Other Useful Content: How to delete google reviews

4.       If the assessment suggests that you’re indeed capable of handle being an infrastructure provider, you will get IP1 License registration in India.

This IP-1 License procedure is incomplete without the right the right set of documents. Following is the list of said document:

1.       Certificate of incorporation

2.       Memorandum of association

3.       Articles of association

4.       List of directors of the company

5.       Shareholding pattern of the company

6.       Products that you want to rent or lease

7.       Fee for the DOT IP1 License

Conclusion

If you have the IP 1 License, you can be indirectly responsible for upholding the Indian telecom economy. And, it will be immensely profitable to you. So, if you want start a business providing telecom companies with necessary infrastructure, get IP-1 License in India.

And if you have any queries regarding the said license, and want to know more about it, our phone lines are always open to heed to your need.

  • no reactions
0
0 Share
Jatin Rohatgi published in Business

Benefits of obtaining an FFMC license

FFMC license is a business permit to become a money changer. Simply put, it allows you to setup a business that you can use to exchange currencies for other people. As a business it’s niche. However, it’s market is on the rise for many reasons. 

These reasons will among the many benefits of obtaining FFMC license that we are going to discuss in this article. 

Capabilities to furnish sale facilities

Foreign exchange leads to foreign money. Foreign money leads to more Indian currency. That eventually leads to more profitability. If you make it to the FFMC license list, you have the power to furnish sale facilities for foreign exchange in India. They give you an door to the international share market that you can participate it to earn profits at a monumental scale. 

And who doesn’t want more profit. To put it in plain terms, having a Full Fledged money changer license in India (FFMC) allows you to participate in international trade. It would give you an opportunity to earn profit at an unprecedented scale.

Provide protection to foreign currency notes

Do you know how valuable is to find even a dollar-rupee note in India? As per the current exchange rate, it would be around INR 75 rupees. But that’s not the benefit I am talking about. The currency notes of foreign countries are extremely valuable to Indians and people traveling to India. Those who have gotten the FFMC license can provide these currency notes encashment facilities. 

Encashment certificates are special certificates whose format was designed by RBI to keep a hard record of the foreign currencies possessed by Indian nationals. An Authorized money changer has to power to issue encashment certificates to Indian nationals (and non-Indian nationals in some cases) for the following:

  1. Travel Cheques

  2. Coins

  3. Foreign Currency Notes

Performing foreign exchange activities

Full Fledged Money Changers have the authority given to them by the Reserve bank of India to perform foreign exchange activities. They are, in simple terms, are  such as:

  1. Inputting and outputting foreign exchange 

  2. Ability buy foreign currency from general public

  3. Sales fore reconversion to Indian currency

  4. Staying updated with the current exchange rate to provide the best services to the clients. 

  5. Dealing in foreign shares subject to additional authorization by the Reserve bank of India. 

Addressing transactions 

With an FFMC license, RBI bestows on you the power to address many kinds of transactions. Be in the exchange of :

  1. The coins

  2. Foreign currency notes

  3. Traveler Cheques

As an FFMC, you’d also receive training in staying updated with the current exchange rates and other nuances of the business. Thus, you’d be able to address those aforementioned transactions in the way possible. 

Read More About – BIS License

Conclusion

Getting an FFMC license online will shower you with many advantages. However, it all depends on where you get it from. You have two choices in the matter:

  1. You can, but should not, reach out to someone who has a money changer license for sale. 

  2. Or, you can get in touch with an FFMC license consultant. He would file your money changer license application and at minimum FFMC license fees, provide you other services as well.

Our recommendation, to make sure that FFMC license cancelled doesn’t happen to you, is to get in touch with a good consultant.

1
0 Share
kailyjaun published in Business

Exhibit Your Brand with 5 Classic Ideas

 Have you ever thought about why companies such as Apple, Amazon, Nike, etc., are so famous? All such firms have one thing in common that makes them more successful than others, i.e.,

strong branding. Apart from serving as the protective solution for your product, box print can also help you in building a strong branding. It can feature the logo, values, story, brand-themed colors, and aesthetics of a firm to establish a unique identity in the competitive market scenario.

If you are still unaware of the wonders that a strong branding strategy can do for your business, read out this ample guide.

Enhancement in Recognition:

Today, businesses are struggling to earn recognition in the consumer market so that they can make good sales and earn more profits. Irrespective of your business type, you cannot make yourself acknowledged by the customers unless you do not build strong branding; the custom boxes wholesale can serve an important role in this regard. With an eye-catchy logo, clear company value, compelling brand colors, and aesthetics printed on the packaging,

you can enhance the awareness and recognition of your firm in the target market. The logo is the most important element of the branding to which the customers are mostly exposed; designing it with brand-themed colors can help the companies achieve even greater results. The aesthetics are important, too, so coming up with the aesthetics that match the personality and value of your business makes sense in building a strong branding that will increase your recognition.

Building of Emotional Ties:

Engaging the customers on an emotional level is usually a top priority of brands all over the world. After all, the target audience does not have a direct relationship with the products that are meant to be sold in the market; they are loyal to the organizations.

The branding can ensure a strong brand loyalty of the customers with your business, due to which they will always prefer choosing your product over others. It can also prove favorable in projecting a professional image of your firm by providing social proof that the products and services you are offering are quality.

For instance, a branded box packaging solution with your company’s values and guidelines mentioned on it will impress the audience.

Generation of More Revenues:

Branding is the most influential way to spread word of mouth or get a referral business that ultimately procures you more sales. If there is no branding, it is hard for the organizations to get referrals and enhance their revenues.

Consider, for example, that some clients have purchased a shirt from a clothing brand that was amazing. How would they tell about the amazing quality of the shirt if they are unaware of the brand that is behind the selling of this cloth?

They cannot tell or refer it to their friends and families unless or until they are not aware of the specific clothing firm. In the opposite case, the branding helps the people in promoting word of mouth about the businesses both digitally and physically that guarantees the coming of more clients to your store and making more purchases.

Assistance in Advertising Efforts:

Businesses these days are spending millions on effective advertisements for their products. However, all your advertising efforts can go in vain if you do not have strong branding.

Before your organization can get effective results with the marketing and advertising efforts, the branding helps you in the creation of a unique logo and identity to which the target audience becomes familiar.

Once your branding is done, you can achieve maximum and desired results with the advertising techniques since the people will know you, and your brand awareness will be further enhanced.

Differentiate You from Rivals:

The modern-day market is loaded with a wide range of items that have the same specifications, price range, and efficiency. The branding can help you in this respect by making them stand out from the vicious competition.

With the help of it, you can tell your clients what you do better than the others and why they should prefer your product or brand over all the other options. In this fast-paced world, the shoppers do not have enough time, and they have more options than ever before.

Conveying them all the important information about what makes you different can save precious time. This information can be shared on your company’s website, or you can also communicate it through the Custom boxes as a packaging solution for your items.

As an example, you can share your expertise and accomplishments with them to make yourself look unique.

These are some of the reasons out of many why branding is indispensable for the business of all genres. The box print plays a critical part in getting your branding right in front of the target audience.

The branding increases the awareness about your firm and assists in building emotional ties with potential customers. Besides, it also proves influential in making you look unique from others and acquiring more net profits.

1
0 Share