Types of Finance Overview: Finance has been around for decades; however, it has changed its shape, basis, concept, and purpose of existence now and then. Today, it is nothing closer to what it used to be a decade ago, but…
Small business failures overview: Every year, thousands of entrepreneurs set up new businesses. They enter into business with a hope of success, however; they face constant challenges and a lot of fear of business failures. According to the Bureau of…
What is the statement of cash flow? The statement of cash flow is a regular financial statement that tells you all about inflows and outflows of cash. Even it tells you how much cash in hand you have for a…
Importance of social media in business: Business exposure or brand awareness is one of the primary objectives of the business. The advent of digital technology has made it possible to approach the largest and targeted audience through the growing wave…
Types of Unemployment Overview: Unemployment is a macroeconomic problem that affects people and the economy as well. There are three types of unemployment as referenced by economists: Frictional, structural, and cyclical. Economists say that the economy is “fully employed” when…
Best economics books: When you read more, you get more stuff to think about. When you read more books, you get more experience from the life and career of different authors. The opinion and words described in the books help…
Statement of Financial Position Overview: A statement of financial position (formerly called a balance sheet) is a financial report about the financial position of an entity. It is a snapshot of the company’s financial condition at a specific moment in…
Types of financial statements: Financial Statements are the financial documents providing significant information about the financial activities of the business entity. These statements provide relevant financial data for internal and external users of accounting. The information in financial statements is…
Blockchain in Finance Overview: Technological innovations change the way of life and introduce new methods of business. Such innovations are capable of growing the global economy and making our everyday lives easier. Blockchain is one of the modern innovations. Most…
Unethical business practices: Business organizations are reluctant to embrace ethical practices and behaviors. However, they engage in unethical business practices to earn a big profit and capture a bigger market share, which is a common business goal for every organization.…