Business finance: The ultimate guide for non-finance people
BMT Office Administration
JUNE 26, 2023
That trend continued in 2021, with only 34% of small businesses applying for bank loans. A business can choose to liquidate (selling something to convert it into cash) physical business assets, such as real estate, equipment, computers, and vehicles — in order to pay off debts. Why is that? What is a ROB? What’s that?
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