This article throws light upon the three types of indirect expenses. The types are: 1. Factory Expenses 2. Administrative Expenses 3. Selling and Distribution Expenses. Type # 1. Factory Expenses: These overheads include all indirect expenses incurred during production, e.g., from the receipt of order until the product is complete and ready to dispatch. Factory expenses are also termed as [...]
After reading this article you will learn about the Small Scale Industries in India: 1. Meaning of Small Scale Industries 2. Growth of Small Scale Industries in India 3. Financial Needs. Meaning of Small Scale Industries: Small scale sector plays an important role in the development of every country. In a developing country like India this sector is indispensable. Since [...]
This article throws light upon the top six agencies providing funds to small scale industries in India. The agencies are: 1. Indigenous Bankers and Money Lenders 2. Public Deposits 3. Commercial Banks 4. State Financial Corporations 5. Industrial Co-operatives 6. Other Institutions. Agency # 1. Indigenous Bankers and Money Lenders: Indigenous bankers and money lenders are an important source of [...]