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Small Business Financial Mngt Reviews

snagarajuluMouthShut Verified Member
virudhunagar India
Coffee shop and to earn livelihood
Dec 28, 2015 04:27 PM 1558 Views

I am a unemployed youth, Recently I got a loan from State Bank of India for opening one coffee shop in my locality. There is no good tea shop or coffee shop in our locality. I hope people will like my coffee shops. I have decorated my shop after spending good amount of money.


Provision of water is there, snacks and provision kept for families coming outside the city for cite seeing. You please also visit "Soma cafe" and take good coffee with your family and friends.


South Indian Shopping Mall
Dec 28, 2015 07:18 AM 1566 Views

It is one of the finest malls present in Hyderabad.It is located at many parts of Hyderabad. I had visited the one which is located at Kukatpally.It is really a huge mall with fashionable variety of brands at exclusive prices.People are easily confused with variety and are astonished with the cheap rates and warranties which they provide.The facilities to watch the glorious things are also amazing.


So please visit the mall once in your lifetime.


new delhi India
Small Business Financial Mngt
Aug 16, 2013 06:39 PM 767 Views

Generate benefit continually, make money from benefit, and control your financial situation. You need a individual economical declaration to emphasize each aspect:


The P&L Statement (also known as the Income or Income Statement) summarizes income and costs and reviews you're causing benefit or reduction— that is what the P and L takes a position for.


The Statement of Money Moves starts by confirming the net improve or loss of cash from your income and costs during the interval (which is a different amount than your benefit or reduction for the period); this declaration also summarizes other resources of money you utilized during the interval, and what you did with your available cash.


The Stability Piece (also known as the Statement of Financial Condition) summarizes your obligations and resources at the close of company on the last day of the benefit interval and reviews the resources of your owners’ value (assets less liabilities).


Make sure that you know how to study and understand your fiscal reviews. Not knowing your own company's fiscal reviews places you at a serious drawback in making good company choices and in working with your creditors and entrepreneurs.


https://brewadeal.com/


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Small Business Financial Mngt
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anyplace on earth India
The most important in life is to start small
Oct 20, 2012 08:49 PM 1827 Views

When we are born so small me or you, just landed on the surface of earth unless the care of mother is not there the baby can never become me or you. From small to big is a story by itself.


No one supports us except ones own family to grow, become self studying and later adult hood and further the level will be to marry or not, to earn or join with someone or open a business, factory or venture into a new field from hotel to small industry to company. YOU MAY BE ANYTHING.


Most think those who are born to rich are capable to stand on their own till end, but the real factor is those who started small will end up in towering personality and their family becomes richest in the country or one of the few richest in the world and their family will be able to  enjoy life with no ending. BUT.


Small is beautiful because let us see our own body organs.


1 Eyes, the smallest organ in our body is so small but it is eyes of yours and mine is able to intereact and how safe it is placed on our face and it is so near to brain, ear, mouth and hands and it is our eyes that watches the steps of our feet, so small the eyes capable to direct our life, till end. EAR.


what is this to do with the small business to start and how ear can play decisive part here is a question should be answered by me.When we want to do something it is our mouth loves to say so big, others who hear it from the start know this person will fail totally in the investment he is going to do, why , the answer is any one who want to do small type of business, small canteen, small beeda shop is so shy to dislcose to freinds to family or anyone, that is why others ear is always like to hear how big you are going to loose and gleam they feel after they know you have closed the big shop or big business and is in wanted list from who is who in the town. Our ears should be dedicated to hear what is going on, how others talk about going on business or industry activity how the workers working in a factory showing their happiness , are they getting salary in time and is it enough for them to take care of their family. That means to start with it is always better to open an account from a single seed. SINGLE SEED WHAT IS IT.


Just take one RAJI SEED sow and reap after it gets matured and when you harvest it multiplies ten thousand times. Small entry big exit, big entry small exit.


From Elephant sized many industrialists, business houses have ended to become street dwellers and they feel so ashamed, most end their life and it becomes unknown of their where abouts all due to starting big is simply a deadly end in ones life. WHEN TO OPEN BIG.


Never one should mulitply business size into many level, total experience of small business that is easy to manage, easy to sit in the shop and look around of the iteams for sale and the value and profit of the iteams or goods for sale and the calculation gives you perfect idea. BEST EXAMPLE IS MARWARIS.


Any where in india, marwari community are totally successfull, they start small and make so much money, buy the business shop they went for rent and own it, and also build houses so fast it is amazing all due to perpetual small feel in their business hiring no one except their nearest who has come for training or else they alone do every thing connected with the small business. SMALL IS MOST BEAUTIFUL TO HANDLE.


In small business of any kind be it stationery, ladies item , groccery shop, there can be hundreds of small business in list, i need not write it here because once you walk on the business street the eyes of yours will tell you which is the one suitable boy for you, suitable girl for you. YES SUITABLE BOY OR GIRL.


i equate this title for small business too, today one has millions of options to start small sized business, open and close at the same time too, if it wont suit to you, next day itself one can shift the product so by chance it gets customers it is a great catalystic force for you, to be in it. SMALL IS SO EASY TO MANAGE.


Here in a small business activity, you can open and close the shop at will, since if there are no workers, some day u can shut down the shop too, take good nap in the afternoon, buy all the goods at leaisure hours in the afternoon or early morning hours too. Small and why not live there too.Many newly married couples can live behind their shop so wife can take care of the needs of the husband from tea to small eatables, she can be of help to him in millions of ways. FINANCIAL MANAGEMENT.


The moment you do small business, lots and lots of good will comes from those whose goods you have to buy, they love to give in cash to goods credit because since it is micro, large number of financiers join to give, say if each gives you just one thousand rupees credit facility like that there can be hundreds to offer you. Your shop will become land mark too.


For middle class people they have a feeling to be associated with small business houses, reason is your face will be well known to them, their family visit often and will wait if you say tomorrow I will be able to deliver the goods. From pen to real estate.


yes the beauty of small business is since you are a land mark for them, many ask for getting a site through you and there will be lots of commission also. Just like a seed , you become a tree like by managing finance.


Take example of Canara bank, all the south Indian banks they all started with few hundred rupees, or may one thousand rupees same way managing small finance is the key to become rich in the world. SO MUCH STILL TO ADD.


Capitalism means retain the capital for the rainy day, why let me answer, the moment you loose all capital it is like lost in the desert.You crave to see for water and MIRAGE you see. MIRAGE IS LIKE BORROWING.


When the first deadly sin that is loosing the precious capital, most loose all of their capital if it is big big big , i mean to say in millions or less too, capital means that which you can afford for repeat of times, extra capital reserve can happen only when the initial capital is small. SMALL CAPITAL MEANS SMALL BUSINESS.


Capital is like your own wife, smaller the capital you have consider it as most beautiful wife, love her talk to her and she gives you multiples of profit.Our capital structure should never be disclosed to any one because it is the secret weapon to grow sharper. HAVE YOU TRIED THIS.


You don't need to become a scholar or economist to try the gain in doing small level capital. Financial management means grow from less to end loads of cash. HERE LIES THE SECRET STORIES.


From Rockfeller to Ambanis the story behind is they all started and managed from the least possible capital.one can never or rarely succeed in life unless he or she starts with the smallest possible capital, that is why financial management start with smallest possible purse and humbleness and humility paves the way to own the costliest car in the world, own mansions. BUT.


No matter what happens ones own happiness lies in never to forget the past, when we meet people who became our customers show gratitude to them because of their good will to your small business your present status is the rich guy of the town.


Focus on Developing a Business; Part-1
Sep 23, 2009 05:03 PM 2186 Views

Business development enunciates a person’s overall skills to the core. To develop a business, one has to blend technical, tactical, managerial and communication skills in a right proportion.


Developing a business requires infrastructure, capital, basic amenities, technology and personnel. Internally, business coordination is achieved by synchronizing between various departments of the business like production, finance, management, quality, administration and human resources.


A business, which is still in formative stages, needs to focus on strategic goals to develop along with a lot of improvisation in carrying out daily activities of the business. During the process, each and every step taken at every level matters a lot. Hence, before a step is taken, all the departments of the business must reach a consensus.


A business, being uniquely represented by various departments, reflects their collective performance both during success and failure. In case of failures, the management must act both, strategically(by taking steps not to let repeat the same mistake) and operationally(by taking steps on how to resolve the immediate crisis).


Meetings at all levels of staff of the business must be regularized. It’s vital for a developing business to seek feedback on areas of improvement. Every meeting should be properly organized and for any business must be a platform to know the current status of its performance. All issues at all levels of the business must be addressed such as organizational, financial, administrative and personal.



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