it develop a good relationship between customer and seller. also increased the sale's volume. than the profit margine of an organization increased...
Advantage : people can buy on credit n do their business by granting from financial instituionals n their by thus economy of a country rises n standard of people too. Disadvantage : as country's economy rises their will be price rise in every field n thus this all factors helps to push inflation . INFLATION is the main disadvantage.
what are the introduction to loan granting
Granting credit to customers can lead to increased risk of default, as some customers may fail to repay their debts, resulting in financial losses for the business. It can also complicate cash flow management, as delayed payments can strain liquidity and hinder operations. Additionally, extending credit requires administrative resources for monitoring accounts and collections, which can increase operational costs. Lastly, it may lead to a potential negative impact on customer relationships if payment disputes arise.
Type your answer here... what are the various step to be taken by commercial bank in gannting working capital loan to a business firm ?
The risk of lending on character is called "moral risk." The risk of lending on capacity is called "business risk." The risk of lending on capital is called "property risk."
Advantage : people can buy on credit n do their business by granting from financial instituionals n their by thus economy of a country rises n standard of people too. Disadvantage : as country's economy rises their will be price rise in every field n thus this all factors helps to push inflation . INFLATION is the main disadvantage.
Many businesses grant credit to clients in order to attract their business For example a client that has a 30 day account can under the right circumstances have as long as 60 days to pay a bill on time. also by extending credit clients tend to phone you first when they have an account. The disadvantages are that you have to use your money to cover stock that others are using And the worst disadvantage can be that you don't get paid,
Many businesses grant credit to clients in order to attract their business For example a client that has a 30 day account can under the right circumstances have as long as 60 days to pay a bill on time. also by extending credit clients tend to phone you first when they have an account. The disadvantages are that you have to use your money to cover stock that others are using And the worst disadvantage can be that you don't get paid,
Many businesses grant credit to clients in order to attract their business For example a client that has a 30 day account can under the right circumstances have as long as 60 days to pay a bill on time. also by extending credit clients tend to phone you first when they have an account. The disadvantages are that you have to use your money to cover stock that others are using And the worst disadvantage can be that you don't get paid,
it requres u to have sex
what are the introduction to loan granting
Most American settlers were slave owners. Granting freedom to their own slaves was "bad for business".
"Customer relationship management is useful in granting more positive relationships between customer and business, business and business in its varied forms. Also, it offers a stabilizing force in neighborhood relationship to business establishing a foothold or a renewed partnership with a community."
Incorporation of your business - a Power of Attorney - joint bank account - granting of the status of "Authorized Signatory."
Credit reporting agencies keep files of information on all consumers who have made credit transactions at some point in their lives. Credit granting institutions may purchase these files
Type your answer here... what are the various step to be taken by commercial bank in gannting working capital loan to a business firm ?
As long as the business has provided full disclosure to all of the granting agencies concerning the other agencies involved, it is possible and totally legal to receive more than one government grant.