Patent

What are Patents? A patent is a government granted document conferring the inventor with the complete exclusivity of his invention for a specific period. It legally prevents any other …

Temporary Overdraft

Temporary Overdraft – Meaning An overdraft facility is a credit facility where the borrower can withdraw more money from its bank account than the available balance. The banks extend …

Sole Proprietorship

There are many business forms we come across in today’s world like a partnership, Joint Venture, Limited Liability Partnership (LLP), etc. Here, we shall discuss one of the most …

International Factoring

What is International Factoring? International Factoring is a must need service for the companies engaged in the import and export of goods and services. Companies engaged in international trade, …

Sales Volume Variance

Sales volume variance (or Sales quantity variance) is nothing but the dollar variance in total sales as a result of ‘over or underachievement of sales numbers’. The mathematical representation …