Business

What is a Funding Gap? A funding gap refers to the shortfall in money required to support the ongoing operations or future growth of a business or project that isn't covered by cash, equity, or debt. These gaps can be…

What is an Asset Ledger? The asset ledger is a part of a company's accounting records that tracks entries related only to the asset section of the balance sheet. It consists of multiple sub-accounts, which become more numerous and complex…

What Are Indirect Sales? Indirect sales involve third parties, like partners or affiliates, selling goods or services instead of a company's own staff. These sales can complement direct sales efforts or replace the need for in-house sales teams. Common indirect…

A retention of title (ROT) clause is a contractual provision that allows a seller to keep legal ownership of goods until they are fully paid or specific conditions are met. This protects the seller if the buyer becomes insolvent or…

What is Market Capitalisation? Market capitalisation, or "market cap," is the total market value of a company, calculated by multiplying the current market price (CMP) of its shares by the total number of outstanding shares. It’s a key metric used…

What is Click and Mortar? A click-and-mortar business model combines both online and offline operations, typically featuring a website alongside a physical store. This approach allows companies to provide the convenience of online transactions while maintaining in-person customer service, making…

What is a Sales Funnel? A sales funnel illustrates the customer journey from awareness to purchase, with each step reflecting a stronger connection to the brand. Its structure is crucial, guiding prospects through tailored stages to become customers. A well-designed…

What is Inventory Management? Inventory management involves overseeing the entire lifecycle of a company's inventory, which encompasses ordering, storing, using, and selling raw materials, components, and finished products. It also covers warehousing and processing. Effective inventory management aims to optimise…

What is Liquidity?  Liquidity refers to how easily an asset or security can be converted into cash without significantly impacting its market price. Cash is the most liquid asset because it is already in its most convertible form. Thus, the…

What is Human Resource Planning (HRP)? Human Resource Planning (HRP) is a strategic and ongoing process aimed at optimising the use of an organisation's most valuable asset — its employees. By ensuring the right fit between employees and jobs, HRP…