A company’s liquid assets include anything that can be converted to cash. Although this can describe many things a company owns, the key to real liquidity is the speed in which it can sell the asset. Below are several examples of business asset types. Common Forms of Liquid Assets The most typical way that companies …
How Liquid Assets are Vital to the Success of a Business Read More »
No one can argue the benefits of saving as much money as possible. It gives you more financial assets when you retire, forces you to live off less income, and allows you to earn interest as your savings grow. However, setting money aside takes discipline and isn’t always an easy thing to do. We explore …
Saving Money: Critical for a Healthy Financial Future Read More »
It takes some degree of comfort with risk to even launch a small business in the first place. To manage your business well over the years, you must balance minimizing risks to your company with introducing a product or service to the marketplace. You must also price the product or service you offer to be …
3 Common Mistakes that Can Cause a Small Business to Fail Read More »
It’s no easy task to build a large savings account and accumulate other assets during your working years. As you near retirement, you would like to ensure that your hard-earned money goes to the people you choose and not to a government agency. However, this won’t just happen automatically. You need to engage in some …
A Living Trust is an Estate Plan with Advantages Read More »
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