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7 Simple Life Hacks for You! A twitter thread...
Here are simple tips to improve your #life and feel the difference. Here’s how you can do it:
Here are simple tips to improve your #life and feel the difference. Here’s how you can do it:
The ninth financial instrument which I want to share with you all is Invoice Discounting.
Before I deep dive into what it is & how you can use it, I will explain a simple scenario that businesses usually face.
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Before I deep dive into what it is & how you can use it, I will explain a simple scenario that businesses usually face.
Contd.
Most businesses in India run on credits especially at the producer's end ( aka company / person supplying material ).
Many a times, these businesses supply the product & then may have a 30/60/90 days or longer period before they receive payments.
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Many a times, these businesses supply the product & then may have a 30/60/90 days or longer period before they receive payments.
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Now the problem is producer doesn't have capital to produce more goods & his recent supply's capital is blocked at the buyer's end.
In order to tackle this situation & maintain a decent operating cashflow, the idea of invoice discounting was proposed.
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In order to tackle this situation & maintain a decent operating cashflow, the idea of invoice discounting was proposed.
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