Profit vs. Cash: Why Your Business Success Isn't Just About Profitability Vinu: Hi Manu! I've been diving deep into my business finances lately, and I have a question that's been bugging me. Why is profit not equal to cash? I mean, aren't they both indicators of financial success? Manu: Hey Vinu! I'...
Why Every Sole Proprietor Should Maintain a Separate Business Bank Account Vinu: Hey Manu! I've been running my business as a sole proprietor, and I've been using my personal bank account for both personal and business transactions. But recently, I've been advised to maintain a separate bank account...
Cost of Capital: Why It Matters for Entrepreneurs in India Vinu: Hey Manu! I've been hearing a lot about the cost of capital lately, and I wanted to understand why it's so important for entrepreneurs like me to have a clear understanding of it. Can you shed some light on this topic, especially in th...
Why Acceptable Financial Ratios Vary Across Industries: Manufacturing vs. Services & Trading Vinu: Hey Manu, I've been wondering why there's a difference in the acceptable level of ratios for different types of businesses. I've noticed that sometimes higher ratios are insisted for manufacturing enti...
RERA Accounts: Ensuring Transparency and Accountability in Real Estate Vinu: Manu, I’ve been hearing a lot about RERA accounts lately. Can you explain what exactly a RERA account is and how it works? Manu: Sure, Vinu. RERA stands for the Real Estate (Regulation and Development) Act, which was introd...