Operating Vs Financial Budget
Both operating and financial budgets are part of the master budget. While discussing differences between operating and financial budgets, first, let us understand what… Read Article
Goodwill
What is Goodwill?Goodwill is an intangible asset arising in the course of the purchase of one business by another business. It is symbolic of… Read Article
International Market – Lucrative But Challenging As Well
Markets are categorized in several ways, such as industry, consumer, product, geography, etc. Based on geography, a market is categorized as either a national… Read Article
Trading on Equity – This Financing Option Is Not For All
Trading on Equity is a financial process that involves taking more debt to boost the return of the shareholders. Trading on Equity occurs when… Read Article
Letter of Credit Finance
What is a Letter of Credit Financing?It is common knowledge that a letter of credit is a payment instrument for international trade, but not… Read Article
Partnership
Due to the limitations of the sole proprietorship, many decide to enter into a partnership. Not everyone has everything. Some may have the capital,… Read Article
Temporary Overdraft
Temporary Overdraft – MeaningAn overdraft facility is a credit facility where the borrower can withdraw more money from their bank account than the available… Read Article
Sole Proprietorship
We come across many business forms in today’s world, like a partnership, Joint Ventures, Limited Liability Partnership (LLP), etc. Here, we shall discuss one… Read Article
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… Read Article
Revocable Letter of Credit
Revocable Letter of Credit – MeaningA revocable letter of credit is a type of letter of credit in which the issuing bank can amend… Read Article
Difference Between Lease and Finance
Both lease and financing are fundamental means to fund the purchase of an asset or investment. The end goal is to give the borrower/hirer… Read Article