Financial Resource Management Essay Example | Topics and Well Written Essays - 750 words

Financial Resource Management - Essay Example With the help of trade goods are made available to consumers at the time of their need. It removes the hindrance of persons by bringing together producers and consumers who are widely scattered. Financing is of two types, equity financing and debt financing. When you are in need of money or looking for capital, company's debt-to-equity-ratio should be considered. It is the relations between the Dollars or Euros that an entrepreneur has borrowed and Dollars or Euros invested in the business. The more the investment by the owners the more they attract the financing. When the equity to debt ratio of the firm is high then debt financing should be taken. If the proportion of the debt to equity ratio of the firm is high then it is advised that the owners should increase their equity investment, that way they cannot jeopardize firm's survival. Limited equity financing is used by most of the small or growth stage businesses. Whereas in debt financing, funds pour in from different quarters like from friends, relatives, etc. Venture capitalists are the most common source of equity funding. Venture capitalists may be institutional risk takers, financial institutions, wealthy persons, etc. and most of them specialize in industries. Venture capitalists are risk takers and show interest only in three to five year old companies that result in more than average profits. These venture capitalists are called as investment gurus whose interest lies in those companies that have major regional and national concerns. Debt Financing Commercial finance companies, financial institutions, banks, savings and loans, Lloyds Bank small business, etc. are some of the sources for debt financing. Because of their positive impact on the whole economy local and state government encourage the growth of the small companies. In debt financing additional funds comes from friends, family, relatives, and industry colleagues, etc when capital investment is smaller. Generally banks formed as a major source for loans for the establishment of small businesses. Banks don't offer long term loans to small firms instead they grant short term loans for machinery and

Sustainable Tourism Essay Example | Topics and Well Written Essays - 2500 words

Sustainable Tourism - Essay Example Now, the question arises what is the tourism prospective of Olympic Games. It is known that a sport is an essential tourist phenomenon that offers people with thrilling and motivating sightseer experiences. Olympic is a world’s leading sporting occasion that provides tourists with diverse lively, reflexive and vividly experienced activities. Thus, Olympics provide an extensive range of greatly considerable tourism benefits (Weed, 2007). In early 1990s, tourism scholars and professionals began to contemplate the associations of sustainable development for their own enterprise. Since the Earth Summit, the idea of sustainable development has sought attention from both tourism philosophers and professionals. Its basic hypothesis has acquired worldwide approval as an adorable outcome of tourism development. This has been mirrored in the conception of sustainable tourism advancement plans, policy declarations and guidelines. The World Tourism Organization (WTO) supported the sustainable advancement to tourism, and commenced to apply sustainable advancement ethics in all of its tourism outlining and development. The United Nations and its organizations have also consigned the significance of tourism and sustainable development on several occasions. The General Assembly observed the significance of tourism and appealed for the development of a business plan particularly for tourism development in the year 1997 (Berno and B ricker, 2001). This study aims to discuss the degree of sustainability of the Beijing Olympic Games 2008. This study also examines the actions taken by the International Olympic Committee (IOC) and Chinese Government and their subsequent impacts. This research tries to establish how far Beijing have been able to achieve sustainability in tourism. Several stakeholders had a curiosity in contributing to the development and arrangement of the Beijing