One of the anticompetitive practices that businesses use is the creation of monopolies. A monopoly is when one company dominates the market.
Posts published in November 2021
Deregulation means lifting various restrictions that prevent competition between businesses. There are many ways to conduct deregulation.
Spending on training and education is always regarded as important investment in the business organization’s most valuable asset - people.
To privatize public companies or not? Let’s explore in details arguments for privatization and arguments against privatization.
Microfinance is providing financial services such as bank loans and overdrafts to low-income customers where business finance is difficult to obtain.
Debt factoring is the process of a business selling its debt to a debt factoring company. The debt factoring company buys the unpaid invoice for cash.
What makes credits cards very similar to trade credit is that both act as a type of loan. How credit cards work? Paying off credit cards.
Businesses use trade credit to delay payments to their suppliers. They negotiate payments to take longer to pay outstanding invoices.
Overdraft is when the bank agrees to let the business spend more money than the business has in its official bank account.
External sources of finance come from outside the business. Support from family and friends belongs to external sources of finance.
In order to reduce Working Capital, the business should decrease Current Assets or increase Current Liabilities.
Internal sources of finance come from within the business. Sale of Fixed Assets belongs to internal sources of finance.
Internal sources of finance come from within the business. Retained profits kept in the business belong to internal sources of finance.