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). A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. Why is that? All your current liabilities.
105 
Let's personalize your content