written by | January 25, 2023

Elevating Small Businesses to New Heights with Digitisation

“Dukaan kholne me aur chalane me bahut farak hota hai”--Dinesh Sirvee

The Beginning

Ramesh and Dinesh, who run the "Maya Store," shared how it was their dream to start a business, even while they were working as salesmen in Chennai. Once their plan to start their business was set in place, they were finally able to set up their grocery store in Bangalore and get things running. 

But, they faced a few unforeseen issues. 

Apart from the daily business operations, accounting and proper management of records took up a significant part of their time. They manually tracked the store's sales and expenses using a notebook and pen. Unfortunately, there were also days when they could not record some receipts and expenses immediately, and they would lose track of the transactions. Tracking down those and rectifying them was a time-consuming and error-prone process. This was tiresome and made them exhausted, with barely any time to spend with their families.

So, how did they get this sorted?

Taking Control of Accounting with Digital App

Ramesh was looking for a solution that could help them easily maintain their ledger and came across the Khatabook app on the Play Store. On checking out the app, he understood it was a digital ledger app, and it could allow them to easily track their income and expenses. Khatabook allowed them to easily record their sales and expenses, making it convenient to keep track of their business profitability. Ramesh found it effective as the app is available on the Android and iOS platforms and can be accessed from anywhere via a mobile device or computer. With this digital solution, Maya Stores found its path toward stability.

Effortless Financial Management

Using a digital platform helped them to create and send invoices to customers, which could streamline the billing process and reduce the chances of errors. They could see how much money they were making daily, how much they were spending, and what their profit margins were. This allowed him to make more informed decisions about his business and to identify areas where he could cut costs and increase sales.

The duo was able to keep track of their customers and suppliers. They could see who their regular and most valued customers were, and they could also see which suppliers were providing them with the best deal. This helped them build stronger business relationships with their customers and suppliers, which helped their business grow. Apart from these benefits, Khatabook being free to download and use, ensured it was an affordable solution for Ramesh and Dinesh.

They could better understand their financial situation and make more knowledgeable decisions for their business. They were able to organise and grow their business to increase their profitability. 

Say Goodbye to Paper-Clutter

As the months passed, their business continued to grow. But, the brothers never forgot the struggles they faced when they started their business. They are always willing to help other small business owners facing similar struggles. Both recommend Khatabook to everyone they know and hope they find the same success.

Wrapping Up

In the end, the story of Ramesh and Dinesh Sirvee proves that a robust digital accounting solution for small and medium business owners is critical. It can help them scale their businesses through various useful features and offers the same potential to millions of other small business owners

Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.