How to Raise Capital for Your Business

To raise or not to raise capital for startups is a topic that is discussed every so often. However, the big question is not whether startups need to raise funds; it is about when they should raise funds. Here are some of the best ways to raise capital, options for funding and how to make […]

The Various Acceptable Collaterals by Financial Institutions

Even the best business idea cannot fully succeed without adequate capital; otherwise, how will the idea be implemented? For a business to succeed it needs to grow; and for growth to take place sufficient money must be put into the business. Sometimes getting sufficient money for your business might mean the necessity of collateral. The […]

How To Calculate Wealth

Wealth measures the value of all the assets of worth owned by a person, community, company or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. How to Calculate Your Net Worth: Make a list of all of your assets: This includes retirement savings, your current checking […]

Credit Appraisal of Term Loans by Financial Institutions

The primary objective of credit appraisal is to ensure that the money is given in right hands and the capital and interest income of the bank is relatively secured. It denotes evaluating the proposal of the loan to find out repayment capacity of the borrower. The process involves an appraisal of market, management, technical, and financial. […]

What Credit Officers Look For Before Appraising A Loan

Lenders assess a person’s credit risk based on a number of factors, including your credit and/or payment history, income and overall financial situation. Here is some additional information to help explain these factors, also known as the “5 C’s”, to help you better understand what lenders look for when appraising such a loan:   Character: […]

Compound Annual Growth Rate (CAGR)

This refers to the mean annual growth rate of an investment over a certain period of time, usually longer than one year. It can be explained as a measure of growth of an investment based on the assumption that the investment grows in terms of value on a steady rate, compounded annually. The compound annual growth rate […]

The Various Generations In Our Work Places

Generations has continued to evolve as years go by. To enable companies accommodate all workforce with varying ages it is appropriate to appreciate the various generations as described below: The Traditionalists (Pre-1946): These are the workers who believe in the old systematic way or basically archaic methods to get work done. These are persons who […]

Lessons We Can Learn from Billionaire Warren Buffett

If you are feeling down about your financial situation or your future, Warren Buffett, the second wealthiest man in the United States and the fourth wealthiest in the world is here to give you some lessons. Take a pen and paper, this is fascinating: Spend wisely: Instead of spending money on frivolous purchases, The “Oracle […]

Before You Invest, Do These Things First

Everyone wants to get rich. We all want to live a happy life, which includes never running out of money or living and enjoying great personal investments. These include staying in an extravagant house or even expanding one’s business. Now, here are some six things you need to do before taking that Dollar and investing […]

Poverty: A State of Mind

Poverty is something many of you may know too well. It hurts and stings making you feel less important than those who are privileged. It seems to cloud the mind convincing you that you are incapable of changing your situation and hinders many young people from becoming successful. Circumstances may seem that way but it’s […]