Legal Consideration For Small Scale Business

When employer start a factory then he provides a various facility to workers under factory act 1948, employee state insurance act 1948, employees provident act 1952, workmen compensation act 1923, minimum wages act 1936, industrial disputes act 1947, payment of wages act 1948. State and central government have made several act related to small scale industry because its main aim to provide best facility to their workers.

Payment of wages act,1948

When employer start a factory then he provides a various facility to workers under factory act 1948, employee state insurance act 1948, employees provident act 1952, workmen compensation act 1923, minimum wages act 1936, industrial disputes act 1947, payment of wages act 1948. State and central government have made several act related to small scale industry because its main aim to provide best facility to their workers.

Factory act,1948

When employer start a factory then he provides a various facility to workers under factory act 1948, employee state insurance act 1948, employees provident act 1952, workmen compensation act 1923, minimum wages act 1936, industrial disputes act 1947, payment of wages act 1948. State and central government have made several act related to small scale industry because its main aim to provide best facility to their workers.  

Adventure is the nature of trade

Business is an economic activity which means to earn something. It includes trade, aids to trade, and manufacturing. A business is an organization which is engaged in trade of goods, services. Businesses are those economic activities, where most of them are privately or publically owned and administered to earn profit to increase the wealth of their owners or investors.

Direct method of cash flow statement

Cash flows statement is prepared to measure the cash in-flows and cash out-flows from the operating, investing and financing activities of a business during a period. Cash inflows usually arise from one of three activities – financing, operations or investing. The money coming into the business is called cash inflow, and money going out from the business is called cash outflow. This holds true for both business and personal finance.

Working of an E- mail

Internet is a combination of two words interconnection and network. It means internet is a connected with a various network. Internet is a global network of computers. With the help of internet, we can communicate with each other. We can also send mail within a few seconds. Internet plays a very important role for the successful of our life and business. with the help of internet, we can search any type of data, download any type of software. Sending and receiving message all over the world at minimal prices 

Cash Flow Statement

Cash flows statement is prepared to measure the cash in-flows and cash out-flows from the operating, investing and financing activities of a business during a period. Cash inflows usually arise from one of three activities – financing, operations or investing. The money coming into the business is called cash inflow, and money going out from the business is called cash outflow. This holds true for both business and personal finance.

Objectives of Financial Management

Finance is defined as the provision of money at time when it is required. Finance plays a very important role for the successful of our business. Business is either big or small needs finance. As blood is necessary for the human being similarly finance is required for every business to run in successful way.Financial management is an area of financial decision making, harmonized individual motives and entrepreneurial goals.