Continuous informal borrowings will put pressures on an entrepreneur to pay high interest and could affect credibility. ... But, more importantly, it helps decisionmaking on purchase and sales (discount v/s credit) and on structuring of costs to take advantage of ... One can make entries in a cash-cum-cost sheet for the period of one operating cycle as to plan on purchase and sales decisions as well as onanbsp;...
|Title||:||Manual For Entrepreneurs|
|Author||:||Entrepreneurship Development Institute Of India|
|Publisher||:||Tata McGraw-Hill Education - 2005-11-01|