FINANCIAL MANAGEMENT Archives - Page 10 of 10

No business activity can be undertaken without finance. Finance is the lifeblood of business. A business cannot even be started without finance. Every kind of business organization, whether it is small, medium or big, it needs finance. Every business activity is an economic activity and these activities require finance. There arises the need for arranging and managing finance in the Read More …

Time Value of Money

July 19, 2018October 6, 2021 TORAN LAL VERMA

The concept of time value of money lays down that money received today has a greater value than money received at a future certain time. It holds that it’s better to receive money today than at a later date. This concept is based on the English proverb that “a bird in a hand is better than two in a bush”. Read More …

TYPES OF FACTORING

August 24, 2017October 6, 2021 TORAN LAL VERMA

The types of factoring service vary on the basis of the nature of the agreement between client and factor. Factoring agreement could be any of the following: Full Service or Without recourse factoring: Without Recourse means if the debtor fails to repay the amount then it will be the full responsibility of the factor to repay the remaining amount to Read More …

FACTORING

August 24, 2017October 6, 2021 TORAN LAL VERMA

In the day to day business, firms are bound to ask for credit when they purchase and should give credit to its buyers when they sell. What if a large portion of sales of a firm is in credit and they don’t have sufficient funds to operate their business? This is exactly what happens with many firms. This problem Read More …