What is Cash Crunch? A cash crunch in the context of business is a state of financial strain where a business or company faces a shortage of available cash or liquid assets, which can hinder its ability to meet its operational needs and financial obligations. Factors such as declining sales, mismanagement of cash flows, misappropriation of […]
7 Ways To Prevent Cash Crunch and Signs To Pay Attention To Read More »
What is passive income? Passive income refers to the earnings an individual derives from a rental property, limited partnership, or other enterprises in which they are not actively involved. Passive is one of the most strategic ways to financial stability, you earn while you sleep. Your money works for you, it generates income for you.
Basics of Passive Income: Types, Ideas, and Benefits Read More »
What is pocket money? This is an amount of money that is regularly given to children as an allowance by their parents for a specific purpose. Parents give this kind of money to their child for the child’s miscellaneous personal spending. It may seem like a small step, but in actuality, it’s the initial footing on a journey
Meaning of Pocket Money and Its Purpose Read More »
What does interest mean? Interest on investment refers to the earnings that you (investor) receive from an investment over time. When you invest, you technically lend your money to a business, government, or financial institution, and in turn, you get interest. In the simplest term, you can think of interest as a reward for allowing your money to work for
Interest on Investment: Types and Calculation Procedure Read More »
What Are R&D Costs? Research and Development costs are the expenditures incurred by a company in its pursuit of new and improved products, services, or processes. For companies in various sectors, especially those in automobile, technology, pharmaceuticals, and manufacturing, R&D is the lifeblood that fosters innovation and long-term competitiveness. Think of Research and Development expenses as what
R&D Costs: What They Entail and Tax Considerations Read More »
What is Financial Health? A company’s financial health is a term used to describe the state of an organization’s financial affairs. It is a snapshot of the company’s financial strength and stability. When assessing financial health, a variety of factors come into play, including whether a company is thriving, just surviving, or facing minor or severe challenges.
Company’s Financial Health: Its Importance and How To Analyze It Read More »
Out of 302,137 refugees and asylum seekers in the Niger Republic, Nigeria accounts for at least 199,803 followed by Mali which accounts for 22.14% (66,893.1318), according to data from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). Other refugees in the country came from Burkina Faso (9.52%) while 2.21% are from other countries. But the
Refugees in Niger Republic: Figures and Camps Read More »
The term “net worth” has frequently been used especially when discussing the fiscal health of individuals, companies and businesses. This is the concept used to gauge the wealth of Elon Musk, Aliko Dangote, and other billionaires around the world. But how can this concept be translated when it comes to evaluating the net worth of
Best Way To Calculate the Net Worth of a Country Read More »
Does high revenue mean more profit? Not necessarily. A company could experience a spike in revenue, yet see a decline in profits. Let’s get it right once and for once: a company might witness a rising revenue, but declining profits. How increasing revenue and declining profits happen We already spelt out distinctions between revenue and
Why a Company Sees Rising Revenue and Declining Profits (With Examples) Read More »
Understanding the difference between revenue and profits is a very important aspect of business management and financing an entrepreneur needs to know. This article aims to explain the complex dynamics between revenue and profits and their significance in the day-to-day activities of a business. It provides a comprehensive overview of how they are calculated, and
Understanding Revenue vs Profits in Business: A Simple Guide Read More »
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