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Sole proprietorship and its characteristics
...Introduction The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization. Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a fo.... 
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Importance of business in the present day world
...he transport industries facilitate the movement of goods from one place to another where they are wanted. Finance, banking and insurance greaUy contribute in the financing of business. Without banks, investment and insurance companies, commerce and industry would not have deveLoped on an extensive scale. 3. Business supplies services Services occupy an important place in business life. Though the .... Read
Cash in advance loan know about cash loans fast
...Quick loans which are being termed as the cash loan fast or the short term loans has gained immense importance. In case of financial crunch when you cannot get a bank loan or can no more use your credit cards, then bank on the quick loans to fix your financial necessities.
As a matter of fact the cash in advance loan stand as the instant loans and these loans are given in cash which is ideall.... Read
10 most overlooked tax deductions
...Through deductions, American wage earners have the chance to pocket more income, rather than hand over their hard-earned cash to the government. For those who keep good records, deductions can mean more money - and less for the IRS. You probably know the most common deductions, such as deductions for property taxes and charitable donations, but there are related deductions you might be overlooking.... Read
Merits and demerits of partnership form of organization
...tner is admitted into the business, or their arises difference, the partnership may come td an end. There are every possibilities of the dissolution of the firm due to internal differences. 3. Frozen Investment It is very easy for a partner to invest money but it is most difficult to withdraw the from the business. A person who wishes to withdraw investment has to consult his partners, find a subs.... Read
Types of cheques
...Types of chequesThe cheques are of two types. (i) Open cheques and (ii) crossed cheques.(i) Open Cheques. Open cheques are those cheques which are paid across the counter of the bank. Open cheques may be bearer or order cheques.(a) Bearer cheques. If a drawer orders the bank to pay a stated sum of money to the bearer it is called a bearer cheque. Any person who lawfully possesses a beaker cheque i.... Read
Partnership distinguished from co ownership
... A partner cannot transfer his right and interest to any person without consulting his partners. A co-owner can transfer his right and interest without the consent of the other co-owners. 6. Right of Investment If a partner spends money far the business, he can demand its repayment. If a co-owner spends money for the improvement of the property, he has no legal claim (lien) for its refund. 7. Righ.... Read
Quantity theory of money by irving fisher
....(6) Ignores other factors of price level. There are many determinants other than M, V, and T which have important implication on the price level. These factors such as income, expenditure, saving, investment, population consumption etc have been ignored from the purview of the theory..... Read
Partnership agreement deed
...artnership deed usually contains the following clauses. 1. Name and location of business. 2. The nature of the business. 3. The amount of capital to be contributed by each partner. 4. Provisions or reinvestment in business. 5. The duties, powers and obligations of all the partners. 6. Length or life of business. 7. The method of distribution of profit and sharing of the losses. 8. Method of admitt.... Read
Aarkstore enterprise edp energias de portugal sa analysis across the oil and gas value chain report
...ompetitors business structure, strategy and prospects - Assess your competitor’s major energy assets and their historic and forecast performances - Identify and assess potential corporate and asset investment opportunities - Support sales activities by understanding your customers businesses better - Qualify prospective partners and suppliers - Obtain up to date company information.
List of Tab.... Read
Role of commercial banks in the economic development of a country
... of them for productive purposes in the country. The banks are, therefore, not only store houses of the country’s wealth, but also provide stream of resources necessary for economic development.(2) Investment in new enterprises. Businessmen normally hesitate to invest their money in risky enterprises. The commercial banks generally provide short and medium term loans to entrepreneurs to invest i.... Read
Kinds of inflation
...KINDS OF INFLATIONInflation is of different types. It is generally classified on the following basis:(1) On the Basis of Rate of inflationInflation on this basis is grouped as (i) Creeping inflation (ii) Walking inflation (iii) Running inflation and (iv) Hyper inflation.(i) Creeping inflation. is a situation in which the rise in general price level is at a very slow rate over a period of time. Und.... Read
Different types of bank customers
...DIFFERENT TYPES OF BANK CUSTOMERSEvery commercial bank is anxious to increase its customers. However, every one cannot be accepted as its customer. Only those persons who are competent in law to enter into a contract can be considered as customers. The bank is and should be very cautious in the selection of customers as it is to have a continued relationship with them. The customers of a bank can .... Read
Sources of bank funds
...SOURCES OF BANK FUNDSA bank is a business firm. Its main aim is to earn profit. In order to achieve this objective it provides services to the customers. It offers a variety of interest bearing obligations to the public. These obligations are the sources of funds for the bank and are shown on the liability side of the balance sheet of a commercial bank. The main sources which supply funds to a ban.... Read
Importance of money market
... as international trade. The traders can get short term finance from banks by discounting bills of exchange. The acceptance houses and discount market help in financing foreign trade.(iii) Profitable investment: The money market helps the commercial banks to earn profit by investing their surplus funds in the purchase of. Treasury bills and bills of exchange, these short term credit instruments ar.... Read
Different types of laboratories
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A laboratory is a facility that provides controlled conditions in which scientific research, measurement and experiments are performed. There are different types of Labs to name some Medical Laboratories, Hospital Laboratories, Public Health Laboratories, Computer Laboratories, Film Laboratories and more.
Medical Laboratories: Medical Laboratory is a lab where tests are done on clinical s.... Read
Factors affecting working capital
...ital requirements of an enterprise basically depends upon the nature of its business and operating cycle of the business. A trading concern, for instance, requires large amount of working capital for investment in stocks, receivables and cash etc. It requires less investments in fixed assets. A business where the proportion of cost of raw material to be consumed to total cost of production is high.... Read
Remedies of inflation
...nancing. Fiscal policy is based upon demand management i.e., raising or lowering the level of aggregate demand by controlling various expenditures, government expenditure, consumption expenditure and investment expenditure. The main fiscal measures are:(i) Changes in Taxation. If the govt., of a country brings about changes in tax rates, it can help in stabilization of prices in the country. For e.... Read
Alibaba china ali baba group
...n our news, events, and community" while promising to be an official source for information and opinion from an employee's perspective on Alibaba.com. Investors Alliance Alibaba Group, in its largest investment foray, established in July 2008 the "Investors' Alliance" in association with 20 domestic and overseas venture capital (VC) firms, targeting China's Software as a service market..... Read
Payday loans new zealand option for emergency finance
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Payday loans New Zealand are a kind of instant cash which the lenders pay against the borrower's paycheck of the next month. It is clear from the phrase 'Payday loans New Zealand' that this kind of loans are for the citizens of New Zealand only. People of New Zealand, like their counterparts all over the world, have been affected by the global recession. This is one of the reasons for which t.... Read
