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    Finance For Non Finance Executive

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    NV Raman Prasad
    Ram Engineering and Controls is presenting on the purpose and need for finance in business. The objectives of running a business are outlined as earning a living, providing security, making a place for oneself, and setting and achieving substantial goals. Manufacturing is discussed as a type of business that requires continuous investment but can provide larger returns, name recognition, and a place in history. The purposes of finance in a business are described as infrastructure like buildings and equipment, ongoing expenses like salaries and utilities, and securities like bank guarantees.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Finance For Non Finance Executive

    Uploaded by

    NV Raman Prasad
    413 views21 pages
    Ram Engineering and Controls is presenting on the purpose and need for finance in business. The objectives of running a business are outlined as earning a living, providing security, making a place for oneself, and setting and achieving substantial goals. Manufacturing is discussed as a type of business that requires continuous investment but can provide larger returns, name recognition, and a place in history. The purposes of finance in a business are described as infrastructure like buildings and equipment, ongoing expenses like salaries and utilities, and securities like bank guarantees.

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    Finance for Non Finance Executive

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    Ram Engineering and Controls is presenting on the purpose and need for finance in business. The objectives of running a business are outlined as earning a living, providing security, making a place for oneself, and setting and achieving substantial goals. Manufacturing is discussed as a type of business that requires continuous investment but can provide larger returns, name recognition, and a place in history. The purposes of finance in a business are described as infrastructure like buildings and equipment, ongoing expenses like salaries and utilities, and securities like bank guarantees.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    413 views21 pages

    Finance For Non Finance Executive

    Uploaded by

    NV Raman Prasad
    Ram Engineering and Controls is presenting on the purpose and need for finance in business. The objectives of running a business are outlined as earning a living, providing security, making a place for oneself, and setting and achieving substantial goals. Manufacturing is discussed as a type of business that requires continuous investment but can provide larger returns, name recognition, and a place in history. The purposes of finance in a business are described as infrastructure like buildings and equipment, ongoing expenses like salaries and utilities, and securities like bank guarantees.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    The document discusses the objectives and purposes of running a business, different types of businesses, and the need for finance in a business.

    The objectives of running the Ram Engineering and Controls business are discussed as earning a living, providing security, making a place for themselves, and setting and achieving substantial goals.

    The types of businesses discussed as options are trading and manufacturing, and the pros and cons of each are outlined.

    Ram Engineering and Controls

    Finance For Business

    Managing Finance
    Ram Engineering and Controls

    AGENDA

    Purpose of Business
    Basics of Business Finance
    What we have Achieved
    Turn Over
    Profit
    Assets
    Liabilities
    Ventures
    Where are we planning to go from here
    Ram Engineering and Controls

    Purpose of running Business

    Objectives
    Earn a Living
    Ram Engineering and Controls

    Purpose of running Business

    Objectives
    Earn a Living
    Provide Security
    Ram Engineering and Controls

    Purpose of running Business

    Objectives
    Earn a Living
    Provide Security
    Make a Place for Ourselves
    Ram Engineering and Controls

    Purpose of running Business

    Objectives
    Earn a Living
    Provide Security
    Make a Place for Ourselves
    Set and Achieve Substantial Goals
    Ram Engineering and Controls

    Purpose of running Business

    Objectives
    Earn a Living
    Provide Security
    Make a Place for Ourselves
    Set and Achieve Substantial Goals

    In any professioals life the above sequence happens.


    The above sequence of events is called “Maslow’s
    Pyramid”.
    Ram Engineering and Controls

    Purpose of running Business

    These objectives can be achieved even by an


    employee.
    Ram Engineering and Controls

    Purpose of running Business

    Then why run a business ?


    Ram Engineering and Controls

    Purpose of running Business

    Reasons for being in Business


    We are already in the best position in Maslow’s
    Pyramid.

    We are not insecure for a living


    We want to achieve something substantial
    We have fire in the belly – A raging one
    We believe in ourselves
    We believe in others working with us

    Totaling to our ability to take certain risk


    Ram Engineering and Controls

    Which Business

    What kind of business can we do ?


    Ram Engineering and Controls

    What Type of Business ?

    Trading
    Manufacturing
    Ram Engineering and Controls

    What Type of Business ?

    Trading
    Easy to get in and out
    Does not need big investment
    Can depend only on your strengths
    Returns in short term assured as long as you put in efforts
    Ram Engineering and Controls

    What Type of Business ?

    Trading
    Easy to get in and out
    Does not need big investment
    Can depend only on your strengths
    Returns in short term assured as long as you put in efforts

    Manufacturing
    Takes effort to get in and out.
    Needs continuous investment when it is technology or
    service related business.
    Depends on joint strengths of ”All the Teams Involved”
    Returns, Name and assets much larger – Place in
    history
    Ram Engineering and Controls

    In our own Line

    Old Horses in race


    Indian – Aplab, Numeric, Consul
    MNC – Emerson, APC, Merlin Gerin

    New Kids on the block


    Sukam
    Mikrotek
    Servomax

    Ram Engineering & Controls

    Don’t we want to be there ?


    Ram Engineering and Controls

    Need of Finance in Business

    What all are the purposes of finance


    in business ?
    Ram Engineering and Controls

    Need of Finance in Business

    Infrastructure
    Land
    Building
    Vehicles
    Test & Measuring Equipment
    Ram Engineering and Controls

    Need of Finance in Business

    Infrastructure
    Land
    Building
    Vehicles
    Test & Measuring Equipment

    Expenses
    Salaries
    Rent, Electricity, Telephone
    Ram Engineering and Controls

    Need of Finance in Business

    Infrastructure
    Land
    Building
    Vehicles
    Test & Measuring Equipment

    Expenses
    Salaries
    Rent, Electricity, Telephone

    Securities
    BG, EMD, Phone Deposits etc
    Ram Engineering and Controls

    Need of Finance in Business

    Infrastructure
    Land
    Building
    Vehicles
    Test & Measuring Equipment

    Expenses
    Salaries
    Rent, Electricity, Telephone

    Securities
    BG, EMD, Phone Deposits etc

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