Business

Nature and Significance of Business Finance Business is concerned with the production and distribution of goods and services for the satisfaction of the needs of…

Working Capital requirements: The financial requirements of an enterprise do not end with the procurement of fixed assets. No matter how small or large a…

Fixed capital requirements: In order to start the business, funds are required to purchase fixed assets like land and building, plant and machinery, and furniture…

Commencement of Business If the amount of minimum subscription is raised through new issue of shares, a public company applies to the Registrar of Companies…

Preliminary Contracts During the promotion of the company, promoters enter into certain contracts with third parties on behalf of the company. These are called preliminary…

Incorporation Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners, with…

The idea of carrying on a business which can be usefully undertaken is conceived either by a person or by a group of persons who…

Formation of a company is a complex activity involving completion of a lot of legal formalities and procedures. To fully understand the process one can…

Promotion of Company Promotion is the first stage in the formation of a company. It involves conceiving a business opportunity and taking an initiative to…

Elements of Business Ethics Since ethical business behavior is good for both the business enterprise and society, it makes sense to discuss how the enterprises…