Introduction to Business

The deposits that are raised by organizations directly from the public are known as public deposits. It refers to the unsecured deposits invited by companies…

Retained Earnings: Source of Finance A company generally does not distribute all its earnings amongst the shareholders as dividends. A portion of the net earnings…

Trade Credit Trade credit is the credit extended by one trader to another for the purchase of goods and services. Trade credit facilitates the purchase…

Promotion: It begins with a potential business idea. Certain feasibility studies e.g. technical, financial and economic, are conducted to determine whether the idea can be…

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…

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…