How to calculate debt service payments
Debt service is the periodic (usually annual) payment of accrued interest and part of the principal amount of the debt. When applying for a loan, companies are required to disclose…

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How to become rich at a young age
If a person wants to become rich, then he will have to work hard, plan things wisely and put aside savings at any age, especially in his youth (of course,…

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What is net cash flow
Net cash flow is an economic indicator of the solvency and financial well-being of the organization. The result of the calculation gives management, creditors and investors a clear understanding of…

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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are far from the topic of finance know. But do you understand what it is, and…

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in particular

State support for businessmen

When starting a business, the issue of financing is always acute. Common sources of funds are credit or loans. But there are additional opportunities to make your life easier: these are state programs to support small businesses.
The conditions for supporting small businesses are varied and depend on the specific situation. Most often, entrepreneurs are interested in receiving subsidies and grants. But as a help to a novice businessman, the state can provide both benefits for the use of state property and partial compensation for staff training. Continue reading

How the process of bankruptcy of enterprises occurs: methods of prevention
The term "bankruptcy" in Italian means "broken bench (table, counter)." In times of lack of financial literacy, it was customary to smash and destroy bankrupt offices. Since then, a lot…

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8 reasons why a business is losing money out of the blue
When we start working with financial accounting in companies, the first thing we do is collect basic reports. Thus, we digitize the company. And thanks to this digitization, it is…

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How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also, this term can be defined as a sequence of actions that allows you to create…

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