This article throws light upon the eight important requisites of a sound capital plan. The requisites are: 1. Estimates of Financial Needs 2. Flexibility 3. Optimum Use of Funds 4. Liquidity 5. Mode of Finance 6. Simplicity 7. Planning Foresight 8. External Influences. Sound Capital Plan: Requisite # 1. Estimates of Financial Needs: Promoters must have accurate estimates of financial [...]
After reading this article you will learn about Capital Structure of a Company:- 1. Meaning of Capital Structure 2. Determinants of Capital Structure. Meaning of Capital Structure: According to Gerstenberg capital structure or financial structure of a company is the make-up or form or composition of capitalisation, i.e., the type of securities to be issued and the relative proportion of [...]
After reading this article you will learn about Finance Functions of Business:- 1. Meaning of Finance Function 2. Objectives of Finance Function. Meaning of Finance Function: "Finance is that administrative area or set of administrative functions in an organisation which relate with the arrangement of cash and credit, so that the organisation may have the means to carry out its [...]