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How Can You Manage Your Small Business Finances More Effectively Using Loans?

Strategy Driven

Also like other types of loans, a business owner’s credit rating can be a deciding factor in whether a loan is approved or not, and it impacts the interest rate of any loan as well. Business Intelligence BI software is a powerful tool for your company.

Finance 101
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Secure leadership for an insecure economy

Chartered Management Institute

It also shows the degree of power that sits in the hands of untrained managers. Workers on zero-hours contracts will almost certainly struggle to get a mortgage and solid credit rating. It didn’t take long for Jaroslav to track down the missing money, which had simply been put somewhere no one had thought to look.

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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. Not only does it make your personal finances vulnerable, but business credit is a much more powerful tool professionally than personal credit.

Dunning 186
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How Share-Price Fixation Killed Enron

Harvard Business Review

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. was the largest trader of natural gas and electricity, owned the largest wind power company, and owned a large electric utility in the Northwest.

Price 8
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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. While their job may have been setting or applying strict credit policies in the past, they may now start to wonder whether their traditional credit rating models are still effective.

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The Impact of the Blockchain Goes Beyond Financial Services

Harvard Business Review

On the blockchain, trust is established, not by powerful intermediaries like banks, governments and technology companies, but through mass collaboration and clever code. Traditional financial services companies cannot manage micropayments and settle payments, such as when a factory light purchases power from a public power auction.

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Africa’s Unique Opportunity to Promote Inclusive Growth

Harvard Business Review

The AfDB has the strongest credit rating of any organization in Africa and in 2008, it surpassed the World Bank in lending to Africa , a signal of Africa’s growing agency in its own development. China, and most countries of Western Europe. In the coming years, expect the AfDB to pioneer approaches to inclusive growth.