Factors Of Profit And Loss

One of the principal differences between not-for-profit and profit organizations is that they have different reasons for their existence. In oversimplified terms, it might be said that the ultimate objective of a commercial organization is to realize net profits for its owners through the provision of some product or performance …

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Healthy Savings

Having healthy savings or liquid funds in the bank for emergencies is important. Having instant access to cash when you need it should always be part of your financial plan. On average, it’s a rule of thumb to keep around 6-12 months of expenses available for emergencies, depending on …

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