Tuesday, May 12, 2020

Essay Cash Mangement in Business - 1549 Words

Nowadays, as we can notice, there is certainly increasing business competition, the culture becomes knowledge-based, and promptly changing technology convert most characteristics of the working life of a small firm. Indeed, coping with that alterations are certainly a must. To start this up, cash management is a technique not only in managing the money in business but also on how they are able to make it become progressive. It involves tactical and strategic aims related to the financial resources of the business and it’s a way of making money and supplements value for the owners. The skills and qualities of a person that is handling in a certain business are very significant, because it is one of the foundations or an asset of every†¦show more content†¦It is how we pay our bills. It is how we get paid for our labor or other services.† It is the major resources of our daily living. People are working to have money for them to use in buying the things they needed and wanted. In a practical viewpoint, money is the most powerful thing that has ever existed. So, cash is the symbol of having money which is used of every people in exchanging things and value. (Sartoris Hill, 1993) Browne et.al (2011) says that vending is an essential part of urban life. It exists in cities around the world and takes many different forms, each of which complement and benefit the City and its population. Many street vendors sell standard food items such as hamburgers, hot dogs, chips, fruits, pastries and salads, and soft drinks, coffee, tea and juices as well as specialty food items such as ice cream. Some of them sell merchandise such as shawls, t-shirts and other clothing items, and jewelries, etc. According to the article in Philippines Today (2013), the micro-entrepreneurs in the Philippines are the owner of sari-sari store, jeepney and tricycle drivers, market vendors, and sidewalk vendors. Many small entrepreneurs face the challenges of a highly competitive market with the lack of principal, credit and other means, as well as lack of funding and business know how. For Filipinos, having their own business is a big accomplishment even if it is very small.Show MoreRelatedSpe ech On Pitch Deck Structure979 Words   |  4 PagesSo, you’ve broken the ice and given the investor a killer elevator pitch on your business idea. You’ve hooked them in with your idea and the possible gains the investor might enjoy by hopping on board. So, what now? Just hand over the checkbook? Well, not quite. You now have to delve deeper to drawing in the investor and impressing them with a pitch deck. In the first part of this guide, I’ve introduced you to the concept of pitch deck and the best time to present it to investors. Let’sRead MoreRecruitment and Selection Practices of Bdo1113 Words   |  5 PagesRECRUITMENT AND SELECTION PRACTICES OF SELECTED EMPLOYEES OF BANCO DE ORO IN STA. 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