Business finance: The ultimate guide for non-finance people
BMT Office Administration
JUNE 26, 2023
The catch is that a business’s fiscal year does not have to line up with the traditional calendar year. However, to avoid confusion, most companies ensure that their fiscal year aligns with the current calendar year. It also depends on the health of the economy, as banks are less willing to give out business loans during recessions.
Let's personalize your content