Excellent Book-Keeping is considered to be one of the most important contributions of a successful business. This holds especially true for .. read more
What is it? A Balloon loan payment is a fraction of the entire loan payment where you pay a lump sum at the end of the loan term. .. read more
What are Financial Records?
Financial records are official documents maintained to represent an individual, business or organisation’s monetary dealings. Retained specifically for tax purposes, the record involves income earned and, money spent around the year. .. read more
What is negative cash flow?
Negative cash flow happens when the expenditure on an asset is more than the cost of the asset itself. When a company or individual is spending more than they are making, it results in huge losses if it accumulates over time. .. read more
It may be so that everything in your business might be on track. But have you ever thought about what would happen if you don’t have a reasonable understanding of the financial implications your business may go through in case of an unforeseen incident? .. read more