The meaning of debit and credit

The correct use of debits and credits is extremely important when it comes to basic accounting practices. If your knowledge and skills to implement these elements are decent, then this is a great opportunity to advance in the field of accounting. Again, if you don’t understand these concepts well, you …

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What you should know before committing to a secured loan

The loan is secured by the lending company on a “second charge” basis, which is a different system than the principal mortgage, which holds the property on a “first charge” basis. The latter is a legal regulation in which the property securing the loan is entered in the land registry. …

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What makes the NRP so special?

A business unit’s net financial position (NFP) shows the difference between net working capital and the corresponding current liabilities for a specific accounting period. The NFP is special and not to be confused with the profit and loss definition, since NFP is explicitly interested in the company’s liquidity. A simpler …

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The truth about patent trolls

A patent troll lies in the area of ​​intellectual property and in particular licensing. It is the name given to a company or an individual that uses license and patent litigation as its main economic activity. The name “patent troll” was used in 1993 to describe companies that filed multiple …

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How to identify growth factors for success in your company

When you venture into any business, you want to identify the key factors that will make your business successful. These critical factors are usually thought through by you when you envision your company and design your business plan. Chances are, you’ve probably thought about these factors and it’s best to …

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The best investment funds and best fund companies

The best mutual funds can often be found in the largest and best fund companies or families. Don’t waste your time and effort looking backwards to find the best or best funds to invest in. Familiarize yourself with the world of mutual funds before you stray in the wrong direction. …

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The benefits of commercial real estate revealed

Getting into commercial real estate could be the best decision you’ve ever made. Whether you currently work in the real estate industry or are new to the business, commercial real estate is one of the best kept secrets of those who are already successful in the business. The rewards reaped …

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How does home foreclosure work?

In today’s slowing economy, homeowners are facing foreclosures in increasing numbers. With debt rising, unemployment rates rising, and credit unavailable, many families are falling behind on their bills and eventually have no choice but to default on their mortgages. Because home foreclosure is a dominant topic in the news, it’s …

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