What is EBIT (Earnings Before Income and Taxes)?
Determining your company’s financial health is difficult. There are several criteria to take into account, and the numbers…
WHAT IS A DEBENTURE: Definition, Types, Examples & Features
Nobody sets out to start a business with the intention of failing, but it’s a potential that lenders…
What is a Statement of Financial Position?
The balance sheet is another name for a company’s statement of financial position. It is used to report…
What Is Payroll? Ultimate Guide
When you’re building a business from the ground up, you’ll inevitably need extra hands when things get busy.…
HALAL MORTGAGES: All You Need to Know
Because interest-bearing loans are forbidden in Islam, Muslims may want to look for an Islamic mortgage in the…
How To Take Card Payments: Step BY Step Guide 2025
Are you a small business owner considering taking credit card payments online? Or perhaps you’re interested in learning…
Internal Sources Of Finance
Finance is the lifeblood of any company. The operations of an entity begin with capital, the first source…
Overdraft Advantages And Disadvantages: Definition And Types
An overdraft is a lending facility linked to your bank account with a predetermined limit. It is available…
TAX-FREE SAVINGS ALLOWANCE: PSA Updated Guide 2025
Tax-free savings were changed; introducing a new personal savings allowance on April 6, 2016. According to the Personal…
CREDIT CONTROL: Debt Collection Process and Software Explained!
While it is an essential part of running a business, collecting payments from customers on time is frequently…