Sunday, January 5, 2014

DTI Business Name Certification Sample

Here's a sample of DTI Business Name Certification.

Disclaimer: The business name, the proprietor's name and address appearing in the document are not true information.   


Saturday, January 4, 2014

Nature of a Merchandising Business

Merchandising Business

Merchandising Business is a business engaged in a buying and selling of goods or products.  Also, "trading" and "retailing" describes a merchandising business.

The primary product of this business is the "merchandise" items it sells.  Meaning, there's a presence of physical products which are being purchased and sold.

This business in order to earn, the entity buys goods and adds markup or profit to the cost of goods then sells them to the customers.


Operating Cycle of a Merchandising Business






Friday, January 3, 2014

Nature of a Manufacturing Business

Manufacturing Business

This business buys raw materials then converts them into finished goods then sells them to customers at a selling price.

The primary product for this business is the goods they produce or manufacture.


Operating Cycle of a Manufacturing Business