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The Interpretation Of Profit And Loss Account - The main aim of this article is to discuss the various items in a profit and loss account of a business customer that a banker might wish to look at when assessing a lending proposition. Our main discussion here will be on the information in the profit and loss account, and the analysis of such information. |
Introduction To Bank Ratio Analysis Bank officials do everything possible to ensure that any money parted with in form of loans and draft are reposition the finance at when due. It is because of this consciousness that further steps are taken to analyse the financial statements of business organisations to ensure safety of any advance given out to them. And this brings us to ratio analysis which is the comparison of two variables to establish facts and arrive at a conclusion as to the performance of the business. |
Plantain Farming Business Plan in Nigeria.... https://www.ngbusiness.com.ng/plantain-farming/ |
Direct Control Of Bank Advances - The two methods of monetary control described above (the traditional weapon and the direct control of liquidity) belong to the class of weapon that re called quantitative technique. They affect the economy generally without regard to the various units in it. In this article we will be looking at the classes of weapon which are mostly referred to as qualitative techniques quantitative (or selective) in the sense that they are aimed at influencing the direction of bank advances and the amount that goes in a particular direction. |
Under the symmetallism standard, single standard money will be the combination of metals (rather than a single metal) in legally established proportions. The composition of the combination would be rigidly prescribed with a view to providing greater stability of value than would be possible with the gold alone. The currently according to this view would not be backed by, and convertible into gold or silver at the option of either the public or the central bank, but into gold and silver combined together in a bar of amalgam in the form in which they are made. |
Direct Control Of Bank Liquidity - When it comes to the discussion of the traditional weapon of monetary control by the governing body or agency, we observed that the ability of commercial banks to create credit depends not only on their reserves but they are holding. |
At the turn of the year 2020, everyone was surly optimistic about the opportunities the new year would bring and also the multiple offers that are there for those who want to explore different career path as well as those who wants to grow in their career. From the beginning, no one thought that things will turn out the way it did, to some as early as February, while most of us began to feel the impact of the virus towards the end of March. |
Nigeria Economic System And Social Entrepreneurship Capitalism as we know it, is an out modeled type of market system dedicated to the pursuit of capital, finance, profit and material factors of life. As a system of resources exploitation, capitalism worked in the days of industrialization of the 18th centuries. But the evil effects of capitalism have become calamitous, precipitating untold political, health, social, climatic, mental, environmental and economic concatenations that have presaged the almost denouncement of the human race. |
Know more about monetary standard, gold standards, bimetallics etc on a wider range as it concerns your project contribution to knowledge... |
Bad Debts Management And Advances recovery Techniques - Bankers stock in trade is money that savings customers deposit with a view to earn interest. The banker on the other hand lends this fund to business customers in forms of loans and advances. |
The rate bank charges varies from one bank to another bank, and between different types of customers. The bank have various types bank customers on their records, of which they include the business customer and then the personal customers. |
With regards to the liability a paying banker faces, when paying a customer's cheque on a customer's account that has been assigned by him/her, usually as a security for the customer's debt, the bank will refuse to pay cheques drawn on that account. |
Starting a business in Nigeria comes with its cost, most times after considering the procedure involved in setting up and running a business in Nigeria, entrepreneurs decides to seek other money making adventure. https://www.ngbusiness.com.ng/how-to-start-a-snail-farm-in-nigeria-business-plan/ |
How To Start A Restaurant Business In Nigeria or Fast Food Business https://www.ngbusiness.com.ng/how-to-start-a-restaurant-business-in-nigeria/ |
In starting a Daycare Business in Nigeria, there are a few things you need to bring into perspective, but first, this day care business plan in Nigeria can be used for several other purposes, among which includes sourcing for loans from banks, application for grant as well as business proposals. |
Car wash business in Nigeria is one of the most common businesses that requires little training or mentor-ship, no formal education is required, all that is needed is the desire to start up, also you do not need so much money to set up a car wash business for yourself, except in situations where you want to set up a big car wash company. https://www.ngbusiness.com.ng/how-to-start-car-wash-business-in-nigeria/ |
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This is one business that is simply beyond the money that the owner earns, when making inquiries on how to start a day care center in Nigeria or in any other country, money is usually the least on the list of things to gain, although the business comes with its own gains (Profits). https://www.ngbusiness.com.ng/creche/ |
Customer service has to be one of the most important part of banking business, I mean this is the first department the customers come in contact when they get to your bank. |
Walk into your bank, ask for the BM. Present your case for loan.........Enterprise or Consumer loan.... This is what an average Joe will tell you! |
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Every financial statement has it own structure... |
Business Plan start ups https://www.ngbusiness.com.ng/supermarket/ |
There are developmental functions of central bank of any given country... |
Historical data of the nigerian stock exchange... |
There are no risk in joint accounts... It brings about a certain type of bound within the family unit, except if there is no trust.. |
As much as debt is bad what is worse is bad debt, here you have a low possibility of recovering your money. |
Start Up and manage your CatFish farming Business plan..... https://www.ngbusiness.com.ng/catfish-farming/ |
Cat fish business is a lucrative one... https://www.ngbusiness.com.ng/business-plan-in-nigeria/ |
To begin with you need to write a business plan on how you get to go about your Cat Fish farming..... |
Great lending principles keeps the financial institution afloat.. |
Annuity is mostly used to stoock up payments for reteired folks... |