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The world of insurance can get pretty complicated. Besides the terminology, there are all kinds of exceptions and rules that can leave you in the dust. Still, it is something crucial, especially for business owners. Proper insurance assures that both your business and bankroll stay protected when life happens. It also shows that you will … Read more
Do you know of Doing Business with Benetrends? But, Simply, starting a business is hard. It takes hours of organizing and filling out paperwork. Apart from that, it takes money. Unfortunately, money doesn’t grow on trees, and it has to come from somewhere. While some have the means to take out a loan, others don’t. … Read more
Annuity. It is a world that not many of us hear until we reach a certain point in our career. All of us will eventually have some type of annuity to deal with whether it is ordinary or annuity due. This is why it is important to fully understand what annuity is and how it … Read more
A depreciation tax shield is a tax evaded causing by the deduction of depreciation in assets. We can analyze the taxable income with the assistance of multiplication of tax rate with reduction expense. The depreciation tax shield helps the company to maintain all the depreciation of the assets. Corporations using accelerated depreciation techniques can save … Read more
Cold calling used to be the number one way to market and get in touch with potential clients. Sales agents would receive large lists of names and numbers, calling and hoping to make a connection. As you can probably imagine, this was not always the best way to strike up a conversation. They get hung … Read more
When running a business, money matters. Every business needs money to operate, most of which come from customer purchases. Today, there are lots of options for accepting payment. Cash is great but, it is becoming a thing of the past. Nowadays, more people are turning to cards, as a safer and more convenient option. To … Read more
Every business has expenses. It is well-balanced businesses that turn revenue. Businesses have other obligations besides fixed costs like loans. Solvency tests a company’s ability to make a profit. It takes into account a company’s ability to pay off debts. Also, financial health takes revenue into account. A close second is the interest coverage ratio. … Read more
The term equity is essential for owners and depositors of any kind of business. Can one explain, what does equity mean? Equity is the worth of the trade left to its owners after the trade pays all its liabilities. From time to time, there are unrelated lessons of proprietorship units, such as common stock as … Read more
The money factor, which is sometimes named “lease factor” or just “factor.” This decides how much you will pay in finance duties each month during your lease. The greater the money factor, the higher the monthly payment, and the more you’ll pay in entire finance duties. So, when spending on a lease, you’ll want to … Read more