Liquidity Ratios

Working Capital: Working capital compares current assets to current liabilities, and serves as the liquid reserve available to satisfy contingencies and uncertainties. A high working capital balance is mandated if the entity is unable to borrow on short notice. The ratio indicates the short-term solvency of a business and in determining if a firm can […]

Sources of Finance For Startups

Start-up businesses often have a difficult time finding sources of start-up business financing for their initial financing needs. It is often not possible to get bank loans because financial institutions aren’t interested in unproven businesses. Even with the best possible business plan, in the world of business and finance, you may not be able to convince […]

Smart Ways of Managing A Start-Up

Market evaluation   Do your homework on the market needs and how these needs are satisfied today. Who are the main players? What are the products and services available? What are the current prices? If you are launching a new product or service, do some market research to evaluate the size of the market and the likelihood […]

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 […]

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: […]

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 […]