The Planning Process

The Planning Process There are no specific processes in planning.  However, planning is not a random process but one that generally follows certain steps. These steps may vary from one organization to another; Identification of opportunities Settings objectives. Here the Read More …

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Types of Plans

Types of Plans Strategic Plans Tactical Plans Operational Plans Contingency plans Strategic Plans This is a plan that covers the entire organization as a single business portfolio.  This is a broad plan developed top-level managers to give an organization Read More …

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PLANNING

PLANNING A plan – This refers to a predetermined course of action for achieving objectives. It’s a frame work that details the methods and tasks that are to be implemented in order to achieve organizational goals. Plans may be tailored Read More …

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Sale and Lease –Back in Kenya

This is an arrangement wherea company which owns some assets arranges to sell the same assets and at the same time agrees with the buyer to lease the same asset back at an agreed rental charge. This type of Read More …

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Trade Credit in Kenya

This finance is obtained companies which purchase goods on credit and pay for such goods later. This “kind” and is available to companies which can pay bills on time as and when they fall due. It the largest Read More …

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Debenture Finance

Debenture has its origin in the latin word Deboe which means “ I owe” it is a document that is evidence of a debt which is long term in nature, and confirms that the company has borrowed a specific sum Read More …

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Trade Debtors

This acts as a source of finance in such as the company holding; such debtors can discount them with a bank and obtain immediate finance. They can be used as security for loans in particular overdrafts. The company can continue Read More …

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Other Sources of Debt Finance

Bills of exchange. As a source of finance, bills of exchange can be:- discounted endorsed given as securities for loans The commonest type of bills of exchange. Accommodation type of bills of exchange is that type where two parties A Read More …

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Sources of Business Finance

The entrepreneur may obtain finance from the following main sources. Debt financing Equity financing External and internal sources. Debt financing requires a borrowing system and the entrepreneur is bound to pay back the funds borrowed together with interest payable. Debt Read More …

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