Why microfinance is important for small business
Microfinance, also known as “microcredit”, is a method of providing small business owners with capital. These small businesses and individuals often don’t have the traditional financial...
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The disadvantages of self-employment
Are you tired of spending long hours on someone else’s business? You can build your own business as a freelancer. You won’t have to clock in and...
What is a value chain?
A value chain is a combination of activities that a company undertakes in order to move a service or product along its lifecycle, such as...
The date when a business actually starts
Determining the date a business starts is important, not only for tax purposes but also when valuing a company. The date a business begins could be...
What is an irrevocable letter of credit?
DEFINITION A irrevocable Letter of Credit is a contract between a buyer, usually an importer, and the bank. The bank agrees that it will pay the exporter (seller)...
What is a value chain?
A value chain is a combination of activities that a company undertakes in order to move a service or product along its lifecycle, such as...
Brainstorming Techniques for Entrepreneurs
Brainstorming is a good way to generate new ideas, whether you are trying to create a home business or looking for ways to increase your...
Best Tips and Resources to Start an Etsy Business
Etsy is a global marketplace with more than 1.73 million active sellers, selling over 40 million vintage and handmade items. These include everything from crafts to clothing. Etsy...
Owning a business has many benefits
There are many challenges to running your own business. The rewards of owning a small business are often greater than the challenges. According to a survey by the...
What is a bank guarantee?
A Bank Guarantee is an assurance from a financial institution that, if one party defaults on their debt or obligations, they will cover the loss of the...