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Business Loan: How to Choose and Get Financing Wisely
... history. Check your history with a credit bureau (both personal and corporate, if you have one). Try to close or restructure overdue debts, settle conflicts with previous creditors. If your business has not had loans before, make sure that at least your personal credit reputation as an owner is in order - often for a small business this is one of the decisive factors.
Prepare a high-quality business plan. This is especially important if the loan is taken out to develop a new project or significant expansion. The business plan should clearly describe the purpose of the loan, planned expenses and a forecast of financial results (income, profit) after investing the funds. A competent, well-reasoned calculation ...
Corruption: a systemic threat to society and ways to overcome it
... society and ways to overcome it
Corruption is one of the most serious and entrenched problems in the modern world. It affects all countries, regardless of their level of development, and undermines the foundations of public administration, economic development, and social justice. However, its scale and forms can vary significantly from region to region.
Definition and forms of corruption
Corruption is defined as the abuse of entrusted power for personal gain. It is a multifaceted phenomenon that can manifest itself in various forms:
1. Bribery
The most common form of corruption, it involves the transfer of money or something of value to obtain an illicit advantage. This can range from the direct ...
Business for Students: How to Start from Scratch with Minimal Investment
... investment required as existing items are utilized.
Learning sales skills and customer communication.
Possibility to earn from personal hobbies.
5. Home Repair and Assistance Services
Students with practical skills can offer services for minor repairs or ... ... computers, pool cleaning, gardening, or other small household services that are often in demand among neighbors.
Advantages:
Development of technical skills and the ability to solve practical problems.
Opportunity to establish a flexible schedule.
Working ...
Where to Invest Money in 2018-2019
... avenues could yield significant returns for investors:
personal online projects (blog, website, online store, etc.);
social media groups or personal pages;
cryptocurrency.
Each of these points warrants a closer look to assist in making informed decisions.
Personal Online Project
Creating and developing one’s online project from scratch is a promising avenue. This particularly applies to websites, blogs, online stores, and similar platforms. The variety of such projects is vast, each possessing unique features, strengths, and weaknesses....
Cryptocurrency from Scratch: What It Is, How to Buy, Store, and Use
... in the blockchain. The first digital coin, Bitcoin, was created in 2009, marking the beginning of the cryptocurrency market's development.
Cryptocurrency is a special type of digital currency created and operated based on blockchain technology (a distributed ... ... entire chain, which requires tremendous resource expenditure.
The first cryptocurrency was Bitcoin (BTC), launched in 2009 by a person or group under the pseudonym Satoshi Nakamoto. Bitcoin demonstrated that a digital asset could be created to serve as money ...