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The 5 Easiest Ways to Build Business Credit

Women on Business

However, if your company can build business credit, you will find yourself gaining more opportunities to access cash. Whatever you do, don’t operate your business on your personal credit. To apply for business credit, you will usually need a business bank account that is at least 2 years old.

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Crisis of Faith in the Financial System

Harvard Business Review

Take the case of paper money: someone in China centuries ago printed a value on a piece of paper and asked everyone else to agree with them that the paper was actually worth what it said it was.The whole modern banking system of paper and credit is built on this one simple act of faith.". In the end this money did become worthless.".

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. banking assets and as such are “too big to fail”). But the financial sector was clearly subject to a number of the market failures that were well known to most economists.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. banking assets and as such are “too big to fail”). But the financial sector was clearly subject to a number of the market failures that were well known to most economists.

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How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

One of today’s most celebrated examples of leapfrogging is the M-Pesa mobile payment system in Kenya and Tanzania, which lets people bank in their national currency using only their phones, leapfrogging traditional banking practices and creating a mobile banking revolution. The system currently serves a billion people.