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). Equity refers to the total value of a company’s assets minus the cost of its debts. Primarily, if your business venture fails, you’ll lose your entire retirement fund/401k.
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