A company’s balance sheet is one of several important financial statements that report on its performance. But to understand the importance of a balance sheet, you need to understand the balance sheet equation and the types of accounts it uses. Then you can download a balance sheet…
The questions about the new normal have emerged since the COVID-19 pandemic changed our lifestyles. Nowadays, the only thumb-up rule is to beat the tide of uncertainty through persistence, creativity, and strong faith in better days.
Entrepreneurs who are willing to navigate through a new sea will…
Fundstrat’s Tom Lee can’t seem to catch a break with his steadfast call that the S&P 500 could rally as much as 4% from current levels to 4,800 by year-end.
And while the S&P 500 closed at a record high of 4,712…
Myself and my team have reflected a lot over the past 18 months because we’ve been in the eye of the storm. When everybody else was locked down during the pandemic, we worked pretty much all the way through because our company provides health and social care professionals…
While in its simplest form, the concept of manufacturing may convey the thought of creating and selling a product, today’s connectivity has led to further opportunities. For manufacturers, that includes windows opening to new revenue streams. The trend encompasses changing…
What a person does with their money is their business, right? Not always. Lenders are indeed interested in how borrowers plan to use the funds they’re loaned—in fact, the reason for a loan is one of the application questions.
But does loan purpose really matter? Keep reading to find out…
Buying a vehicle is a big investment, so turning to a loan to pay for your car is pretty common. But while financing your car purchase with an auto loan does break up your total vehicle cost into manageable monthly payments, it also means that you end up paying more in interest and fees…