Finances are one of the weak points of entrepreneurs. Although you don't have to be an expert, knowledge of accounting and finance is important when creating a business financial plan. In this way, they will be able to analyze the economic viability of their project and see what they need for its continuity or for its start-up.

The financial plan of a company is part of the business plan of a company along with other areas such as marketing, human resources, and operations, legal. Once…

Having financing is essential for any business, both for the start and for it to be able to stay in operation; since the lack of financing can cause a business to sink into debt. However, there are different ways to finance a business that depend on the solvency of the owners and the business plan they have drawn up.

In this way, some of the most common ways to finance a business is through investments, savings or applying for a bank loan. The initial capital of a company is used to…

Short -term financing and long-term financing fulfill the same function: to provide you with capital that you do not have under normal conditions so that you can make different types of acquisitions.

However, the conditions and characteristics vary between these two types of financing, as you will see now.

Funding Objectives/Goals

As its name suggests, short-term and long-term financing grant your capital in periods of time that vary from each other. This time difference will…

Short -term financing and long-term financing fulfill the same function: to provide you with capital that you do not have under normal conditions so that you can make different types of acquisitions.

However, the conditions and characteristics vary between these two types of financing, as you will see now.

Funding Objectives/Goals

As its name suggests, short-term and long-term financing grant your capital in periods of time that vary from each other. This time difference will…