Well if they are in America then don’t you think they ought to figure it out.
Frankly from what I see of how Indians run businesses here as a rule I am not impressed...in fact...they do a poor job...and I know for a fact as you say...that their default rate at banks on new businesses is high...they take the money and leave...if it gets rocky...interstate exchange motels are very very risky lending in Middle TN precisely due to them...
I do note exceptions though..some hotels I’ve seen not bad, convenience stores and Subways
but more often than not..not good...and they can be quite rude...maybe they got that from condescending Brits
there are not the only ones I can generalize about like that
I am sure they do figure it out if they need it in their day to day business. Financial accounting isn't really rocket science. I don't think an average motel or convenience store owner needs to know those terms to do their regular business.
The “Indians” who run motels or convenience stores don't really have business degrees from Ivy league school. They are mostly immigrants from the state or Gujarat or Punjab and I would be very surprised if they even have a college degree.
“and I know for a fact as you say...that their default rate at banks on new businesses is high......and they can be quite rude...maybe they got that from condescending Brits”
Quite honestly I don't know what your source for such a claim is. As for the rest of what you say, I think its mostly hearsay and bravo sierra.