2. DOING BUSINESS WITHOUT BANK BORROWINGS “THE BENEFITS” PREPARED BY : M. Naeem (Fahimakhter) Abbasi Chartered Accountant Mobile No. : 050 - 7757642

3. BENEFITS DOING BUSINESS WITHOUT BANK BORROWINGS No finance cost No banker Own funds

4. NO FINANCE COST Reduction in cost Leverage over pricing INCREASE IN PROFITABILITY Edge over competitors

5. NO BANKER No harassments from bankers No tension of repayment of bank liability No tension of repayment of bank liability No headaches…better health Concentration on business Strategizing the business INCREASE IN PROFITABILITY

6. OWN FUNDS Limited available funds Efficient utilisation of funds No over trading (Excess funds leads to overtrading) No over trading (Excess funds leads to overtrading) Control over inventories Control over inventories Control over receivables Control over receivables No risk of unexpected losses No risk of unexpected losses Minimal loss on account of obsolete inventory Minimal loss on account of obsolete inventory INCREASE IN PROFITABILITY Minimal loss on account of doubtful debt Minimal loss on account of doubtful debt Better way of doing business

7. A MYTH “HIGHER TURNOVER EARNS HIGHER PROFIT” FACT “BETTER WAY OF DOING BUSINESS EARNS HIGHER PROFIT”

8. T H E E N D Comments, Suggestions, Questions Please forward to: Mulla Naeem Abbasi