As per the Payment Practices Barometer Asia Pacific 2017 by Atradius, India reported the highest proportion of uncollectable B2B receivables, of which 1.8% was domestic and 0.8% foreign.
We are really competing against ourselves, we have no control over how other people perform.” – Pete Cashmore, Mashable founder and CEO
Pass The Book – To transfer the management of a financial position from one office of a business to another in a different time zone to take advantage of 24-hour trading.
There are certain nuances in businesses today that act as major factors when it comes to practical serviceability. Invoice factoring and Invoice discounting makeup an interesting context for differentiating business processes that work similarly but at the same time are vastly different from each other. The differences, however, are very important when it comes to…
It costs Rs. 1.81 to print a Rs. 50 note while a Rs. 100 note costs only Rs. 1.79! Source: RBI
“Opportunity does not knock, it presents itself when you beat down the door.” – Kyle Chandler
Zombies: A term given to companies that are functioning near insolvency. The unpredictability of their is in the same bracket as determining the “natural” lifetime of a zombie
Since the introduction of the Credit Guarantee Scheme in August 2000, the SME sector has seen some much-needed change. However, there was a widening gulf in the disbursal of loans to these small businesses by the banks. It was discovered that as on May 31, 2016, loans amounting to Rs.1,13,500.61 crore were disbursed whereas the…
Chartered Accountants get a bad name because there is a common perception that they just file tax returns and maintain balance sheets. If you actually believe this, there is a significant profit margin you could be missing out on and in reality, this is far from the truth. CA’s can act as vision statements for…
Food loss accounts for 20-22% of total production in India -Independent Activities Period Research Project