Business finance: The ultimate guide for non-finance people
BMT Office Administration
JUNE 26, 2023
In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). The catch is that a business’s fiscal year does not have to line up with the traditional calendar year. Why is that? What are the advantages of debt financing? What is a ROB?
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