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Entrepreneurs' Guide to Managing Finance

Entrepreneurs' Guide to Managing Finance

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Ten Simple Principles for Entrepreneurs to be able to successfully manage their finance. It is useful for entrepreneurs. Prepared by Dr. Trilok Kumar Jain, Dean, Suresh Gyan Vihar University, Jaipur, Rajasthan, India. It is also useful for MBA, CA, CS, ICWA, FRM, MA, MCom, PhD, Law, BBA students who wish to become entrepreneurs ultimate.
Ten Simple Principles for Entrepreneurs to be able to successfully manage their finance. It is useful for entrepreneurs. Prepared by Dr. Trilok Kumar Jain, Dean, Suresh Gyan Vihar University, Jaipur, Rajasthan, India. It is also useful for MBA, CA, CS, ICWA, FRM, MA, MCom, PhD, Law, BBA students who wish to become entrepreneurs ultimate.

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04/17/2014

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2013 
Dr. Trilok Kumar Jain Dean, ISBM, Suresh Gyan Vihar University Jaipur www.gyanvihar.org 11/29/2013
ENTREPRENEURS' GUIDE TO MANAGING FINANCE
 
 
Entrepreneurs Guide to Managing Finance Page 2
ENTREPRENEURS' GUIDE TO MANAGING FINANCE
by : Dr. Trilok Kumar Jain Dean, ISBM, Suresh Gyan Vihar University, Jaipur, India  jain.tk@gmail.com Mobile : 9414430763
Editor of books on: 1. Strategic Financial Management, 2. Strategic Management, 3. Management of Banks and Financial Institutitons. (Deep and Deep Publications, New Delhi)
 
Entrepreneurs Guide to Managing Finance Page 3
for whom?
Are you an entrepreneur? - this will help you thow who have become entrepreneurs those who aspire to be entrepreneurs those who aspire to train entrepreneurs thow who aspire to support entrepreneurs
Introduction
 finance is the backbone of entrepreneurship. Every successful entrepreneur has to become an expert of finance. He must know how to manage money. He must generate greater return on investment than any other available alternative. He must be able to secure quick payments from debtors and must be able to create a really positive image on creditors. He must be able to present the company before investors as ideal junction and must be able to meet the expectations of the financial analysts on bourses. He must be both risk taker and conservative in his approach at the same time. He must take the company to public, but keep the reins in firm control. He must set highest standards on transparency, public reporting, financial prudence, but at the same time, he must also ensure that the fundamentals of finance like minimising costs, minimising expenditure, invsting surplus cash, and good return on investment are met.

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