This article explains in brief the Factoring Process and Types of Factoring. We recommend you to go through Factoring Introduction and utility and importance of factoring to get a better understanding of Factoring Process and Types of Factoring. Factoring Process The factoring process can be summarized in the activities of allRead More →
Factoring Importance Factoring Importance can be summarized in the points below: Immediate increase in cash flow – The client does not wait for the credit time period as he receives money immediately from the factor and bears a nominal fee for the waiting period. Less Costly – It reduces theRead More →
Factoring is a financial transaction between two parties, client and a factor, in which the client sells its accounts receivable (Money owed to client by a buyer) to the factor to receive money immediately in exchange. Factoring is an agreement in which receivables arising out of a sale of goods/servicesRead More →
Consumer behaviour can be defined as the decision making process and physical activity involved acquiring, evaluating, using and disposing of goods and services. Consumer behaviour refers to the behaviour that consumer display in searching, purchasing, using, evaluating and disposing of products and services that they expect will satisfy their needs.Read More →
The important activities of a Leasing Process can be summarized as below: Leasing process (1) Lease Selection – The leasing process starts when the lessee enters into a leasing contract with the lessor. Lessee approaches the Manufacturers and Suppliers, gathers all details about the required asset (design, specifications, price, installation, warranty,Read More →
Doctrine of Constructive Notice – After a company is registered, its memorandum and articles of association become “public documents”. The memorandum and articles of association of a company are public documents and are open to inspection by anyone by payment of a nominal fee. Hence it is presumed that everyRead More →
Technical analysis of a project is concerned primarily with: Material Inputs and Utilities Manufacturing Process/Technology Product Mix Plant Capacity Location and Site Development Machineries and equipment Structures and Civil works Projects Charts and Layouts Technical Analysis of a Project (1) Material input & utilities – It involves defining the requirements forRead More →
Meaning of Doctrine of Ultra Vires The doctrine of ultra vires applies to the memorandum of association of a company. The memorandum of association contains the permitted range of activities in its objects clause and a company cannot practice any other activity which is not defined under the scope of objectives mentionedRead More →
Introduction to Indian Financial System – The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments. It facilitates the flow of funds form the households (savers) to business firms (investors) to aidRead More →
There are various types of lease on the basis of: The extent to which the risks and rewards are transferred The number and nature of parties to the transaction The domicile of the equipment manufacturer Types of Lease: On the basis of extent to which the risks and rewards are transferred thereRead More →
The Securities and exchange board of India – SEBI was constituted on 12th April, 1988 as a non-statutory body through a resolution passed by the Government of India for dealing with all matters relating to development and regulation of securities market, protect the interests of investors and advice government onRead More →
In order to minimize time and cost over-runs during the implementation of a project it is necessary to study about the prerequisites for successful project implementation. Keeping checks on these prerequisites help to improve prospects of successful completion of projects. The Prerequisites for successful project implementation are as follows: AnRead More →