The word finance was originally a French word. In the 18th century, it was adapted by english speaking communities to mean “the management of money”. Since then, it has found a permanent place in the English dictionary. It can be broadly defined as the study of how money is managed and the actual process of
So you have a small business and everything is going fabulous, but then something happens and now you have some unpredicted expense on your hand. What do you do? Do you just close up shop and wonder what could have been? Of course not! There are ample options available and one of the most popular
In business cash, external finance and source of raising funds hold an immense importance. Since the cost of raising finance will reflect on the left-hand side of balance sheet i.e. liability side. The risk involved in raising money will challenge your risk-taking abilities. Also depending upon nature of your business, its years of operation, turnover,
What is a loan? A loan is a debt provided by a company, individual or an organisation to another individual or entity at an interest rate which has to be paid back after a period of time. Following are the types of loans: 1. Personal Loans: Personal loans do not have any designated purpose and
Secured Business Loan is a sort of business finance taken by the borrower to start or enhance a business against the collateral or assets they possess. Any individual or business needs to pledge any of their property or asset and loan promises the bank or financial institute to repay the loan. The loan provided is
Introduction: Credit Scores are the reasons why a lot of people do not get a good night’s sleep. In today’s world, where information is becoming more and more available at ease to everyone, a good credit score has become a mandatory requirement to lead a good lifestyle. However, there are so many myths surrounding this
Small and medium enterprises are already hard-pressed for resources and with competition becoming brutal; they need all hands on deck all the time to encourage their business. For SMEs capital can be one of the biggest godsends that can help them grow their business and steer past a crisis that they might be experiencing. An
In the new era women are moving out and are seen everywhere. The Woman Entrepreneurs have concentrated themselves in various activities beginning from homemade Tiffin service to packaging and manufacturing sector. It is not like women have started becoming entrepreneurs now; we have examples like Lijjat Papad (Mahilagrihaudyog), Lakme (Simon Tata), Biocon (Kiran Mazumdar Shaw)
Finance is an aspect that consists the study of the investments. It can also be defined as the management, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems. In present economic world, we can’t imagine that it plays a crucial role in such large scale. In other terms,
You might have been planning for a long time to buy that fancy car, renovate your home or make a tour to Europe but was unable to succeed with the same due to unavailability of a lump sum amount to finance the same. The problem is being faced by every salaried or business class Individual,