Month: January 2021

The Core Values in Managing Business Finances

The foundation for a business to be financially healthy is Skill, Commitment, Education and Organization. When you have the knowledge to correctly manage your finances your business is sure to be successful. Managing a business’ finances includes maintaining and managing your financial books, planning ahead, having knowledge in basic accounting, managing debts and credits, understanding […]

How banks sustain the economy

Banks are so-called financial intermediaries. They form the interface between investors and businesses. They collect the deposits of the capital providers and issue money in the form of loans to borrowers. Investors include, for example, private households who invest part of their money in the bank for profit, but also companies or the state. Likewise, […]