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financial functions of a business organization
Microcredits
Entrepreneurs are those who take financial risk in order to make their ideas come to life. They are people who start a business in a hope of making a cutting edge product marketable to the rest of the population.
FINCA stands for Foundation for International Community Assistance which was established in 1984. FINCA offer microfinance which is a financial service to the worlds lowest-income entrepreneurs so they can create new jobs, build assets and create a better standard of living.
Yes! An entrepreneur's financial risk comes from the amount of capital he/she invests into the business. If an entrepreneur is able to get outside financing, their financial risks are mitigated, but costs are generally associated with raising capital.
The financial statement of a proprietorship are its Balancesheet,Profit & Loss A/c,Trading A/c.
The three differences in financial statements for different forms of organization are:Sole proprietorship equity belongs to one owner. Partnership's equity belongs to the partners. Corporation's equity belongs to the shareholders.Distributions of cash or other assets to owners of a proprietorship or partnership are referred to as withdrawals. For a corporation, this are called dividends.Since the owner of a proprietorship is also the manager, no salary expense is reported on the income statement. The same goes for partnerships. With corporations, though, salaries paid to all employees, including the managers who are shareholders, are reported as expenses.
Entrepreneurs are willing to assume financial risks to create a profit; they start businesses. Non-entrepreneurs do not start businesses.
financial functions of a business organization
Microcredits
is this for NYIT accounting class?
I don't know what your asking
A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. visit page: jeevanweddingarts .in/
How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firmRead more: How_is_the_job_of_a_financial_manager_in_a_nonprofit_organization_different_from_that_of_a_financial_manager_with_a_profitseeking_firm
reluctant
The classification of entrepreneurs is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. An alternate classification is a promoter in the entertainment industry.
The classification of entrepreneurs is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. An alternate classification is a promoter in the entertainment industry.