Practise of Issuing Promissory Notes Promissory notes are written agreements regarding borrowed money. It is a promise to pay, and it contains the terms of the agreement in ensuring this happens. Financial institutions, small companies, and individuals can issue a promissory note. Let’s deep dive into the practice of issuingContinue Reading
Which Inventory Valuation Method is The Best for Your Business? Inventory valuation is a crucial aspect of inventory management because it allows you to evaluate the cost of goods sold (COGS) and profitability. This process also helps businesses to ensure they hold the right amount of inventory. Also, it hasContinue Reading
What are the 7 steps in the financial planning process? Do you ever feel like no matter how hard you work or how much you earn, your finances always seem to get the better of you? What simple steps do you take to create a financial plan? Financial freedom, whichContinue Reading
Small business owners need monetary capital to buy machinery, human resources, suppliers and stock. How do they finance a small business?Continue Reading
