Innovation and Entrepreneurship
by Paul Mobley, MBA
From the category archives:
Self-Employed Individuals and Small Business Owners have the responsibility of ensuring that there is enough working capital available for the operations of the business. Many startups or expanding businesses find that they need an ever growing supply. The preferred method is to have enough corporate credit to maintain operations. However, it is often necessary to [...]
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In less than two weeks, the Federal Reserve has dropped interest rates by 1.25%. They did an emergency rate cut last week and another adjustment of 0.50% today at their regular meeting. If you don’t follow this type of news…you should. It impacts both borrowers and savers (just in different ways). There are many loans [...]
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Money is simply a “medium of exchange”. Therefore, it has no value in and of itself, only the value derived from the exchange that takes place. There are many things of value that are exchanged everyday and money is only needed as a medium in some cases.
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