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Your assets should generate cashflow before your liability demands an outflow. Ask this question and if the answer is Yes, then you'll be in a much better position to evaluate. Taking another loan is not a good idea though.
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Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfol
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Daily dose of financial ratios by Anirudh Gupta Current ratio: =Current assets/current liabilities Purpose: -To evaluate the company's short-term financial health and liquidity. -This ratio tells us whether the company can meet its short term ob
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TikTok and CapCut: Countdown to Shutdown in the U.S Begins ByteDance's TikTok and CapCut may be shut down in the US for privacy and national security concerns. ByteDance has issued statements indicating efforts to restore services, though no clear
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DBA Lessons for Founders - Topic 4: Types of Adjusting Entries - Accrued Expenses / Payables You're still running Tech Solutions India. ๐ What are Accrued Expenses? ๐ค Sometimes, your business uses a service or receives a benefit in one account
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Have you ever had a fantastic idea for a product or service, but weren't sure how to turn it into a reality? This is where the Business Model Canvas comes in. Imagine the Business Model Canvas as a one-page blueprint for your business idea. It's d
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How to Use Reddit & Quora to Promote Your Jewelry Business Marketing your jewelry business on Reddit and Quora can boost brand recognition and engage with potential customers. Here's how to effectively leverage these platforms. 1. Why Reddit and Qu
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๐ธ25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modiโs government in its third term, a
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