Finance

Creditworthiness examples

This is the likelihood of ability or non-ability to repay debts. It’s a determinant of how much credit you will be extended as an individual or company.  Creditworthiness is important because it can prevent credit being extended to the wrong customer. For lending institutions, they will be better able…
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Finance

How can I start a business with very little capital?.

Cash flow is everything in any business, so it’s vital to have a clear understanding of how to increase and manage it.  When you start a business with very little capital, it works particularly well if overheads are low. It’s even more vital to manage the little money that the business does have. A…
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Finance

8 Musts to start your business with little to no capital

Starting your business is never the simplest thing. Having insufficient capital may potentially derail many individuals from their plans to embark on the challenging entrepreneurship journey, but this doesn’t have to be the case.  When you start your business with little to no capital, you have to find creative ways to succeed. It’s key to…
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All you Need to Know About Types of Corporate Bankruptcy

For individuals facing financial challenges as a result of having liabilities that far exceed assets, bankruptcy often provides a welcome relief and a much-needed new start. Corporations can also file for bankruptcy. More about types of corporate bankruptcy: Chapter 7 This is the most available…
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