Which Factors Affect Expected Credit Losses for My Startup?
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Which Factors Affect Expected Credit Losses for My Startup?

Credit risk in terms of financial accounting practices is known as the provision for credit losses, which is an estimation of financial losses a business or other institution may incur from credit risks, such as bad debt or unrecoverable credit. The PCL is entered as an expense on the institution’s financial statements. Your business has...

Posted by December 17, 2019July 12, 2020
Biggest Financial Wastes Startups Can’t Afford
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Biggest Financial Wastes Startups Can’t Afford

A lot of hard work goes into opening a business. From the planning and raising of capital to hiring staff, there are many phases that must be completed for a successful launch. Once the business is up and running, it is all about maintaining operations and expanding your customer base. This is not the time...

Posted by September 4, 2019July 21, 2020
Brilliant Ways to Save Money as a Small Business Owner
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Brilliant Ways to Save Money as a Small Business Owner

Small business owners are well aware of how important it is to save every dollar they can on expenses. Even when your business is doing well, it is a good idea to spend conservatively in order to remain prepared for any potential slumps. Fortunately, there are a number of simple tips all small business owners...

Posted by March 18, 2019July 11, 2020