Capital is said to be the lifeblood of a business. Capital is to a business what gasoline is to car, without funds, business does not move. Naturally, major financial decisions are undertaken by the owners or by top management. In a single proprietorship, say a small grocery store the proprietor decides on the amount of [...]

At the center of every business operation is the need for funds. Business-wise, the term funds has a wider connotation than the layman’s concept of cash. Funds refer to the means of payment, whether in cash or credit, for goods and services. The need for funds, which is loosely synonymous to capital, remains a foremost [...]