Training Institutes Faqs

What Is Outsource?
HTML clipboard Outsourcing is a strategic management model wherein business processes are transferred to another company. The concept is: to let a third party service provider perform the management ...... More »
What Is EFT?
EFT is short for Electronic Funds Transfer. An EFT is a method of transferring money from one bank account directly to another account without any paper money ...... More »
What is the difference between real money & nominal money?
HTML clipboard 1)nominal money is related to the measure of counting. nominal figure is what is written on the bill. where as real money relates to it's pu...... More »
What is EPS?
Earning per share thats portion of stehcompay profit.. ...... More »
What is Secondary Market?
Secondary market refers to market where securities are traded after being initially offered to the public in the primary market and/or listed on the stock exchange.More »
Do I need any formal training to handle my business finances?
A basic knowledge of accounting, even learned from a book or website should be enough to get you started, but you'll probably only be able to go so far before you need to e...... More »
Should I get help from an accountant straight away?
It's advisable to at least talk to an accountant straight away. They may advise you that you can handle many tasks yourself and only need call them in when it's time to...... More »
Will my bank give me an overdraft till I get on my feet?
That will depend entirely on your bank, but the chances are that they will. Be careful though, as overdraft charges can be expensive, and you may actually be better off with a loan - either from the same bank or from another loan provider. The goo...... More »
How soon will I have to pay back loans?
That will depend on the type of loan you take and the loan provider's conditions, which you will need to read carefully and agree on before you take the loan. You should budget for your repayments from the beginning - even if you don't hav...... More »
Should I plough money back into my business?
You should be prepared to give up things like holidays and other luxuries in order to get your business off the ground. The more money you can plough back in the more chance yo...... More »