Month: January 2022

This acts as a source of finance in such as the company holding; such debtors can discount them with a bank and obtain immediate finance. They can be used as security for loans in particular overdrafts. The company can continue Read More …

Bills of exchange. As a source of finance, bills of exchange can be:- discounted endorsed given as securities for loans The commonest type of bills of exchange. Accommodation type of bills of exchange is that type where two parties A Read More …

The entrepreneur may obtain finance from the following main sources. Debt financing Equity financing External and internal sources. Debt financing requires a borrowing system and the entrepreneur is bound to pay back the funds borrowed together with interest payable. Debt Read More …

This refers to a co-operative. The term co-operative is derived from cooperation It is a body of people or a body of persons who have agreed to come together to achieve a certain goal. The members of the public get Read More …

This is the net price to which the government has stakes in. The government owns a certain percentage of the enterprises shares. Where a government has a fall ownership of the corporation, the business enterprise is known as a parastatal Read More …

Once all the required documents are properly filled with the registrar of companies is ratified with what is contained in these documents. The registration brings the company into being and the companies issued with a certificate of registration. The registration Read More …