Financial risk is usually related to many small businesses. Small business owners are at constant risk of losing large sums of money. These losses occur when they are using debt financing to open and run their business. This financial risk…
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financial planning
Why Financial Plan Is Very Important For Every Growing SME?
March 18, 2019
A financial plan is very important for the long term growth of a business. The small and medium enterprises are usually occupied with day-to-day expenses and they rarely get time for planning long term goals. However, for expansion, finances are…
What Are The Benefits Of Financial Planning For A Business?
December 18, 2018
Financial planning is an important aspect for a business. Finance is a business’s lifeline and without it, no business can run. So, it turns imperative for a business to plan its finance in order to manage it in an effective…
Financial Year vs Assessment Year: What Is The Difference?
December 16, 2018
Financial year and assessment year are often taken as interchangeable. However, there is a difference between the two. Also, for taxpayers who know that they are different, they often get confused between the two. So, let’s get this issue solved.…