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For any business, assets play a key role in managing and upgrading the company’s financial health. These assets are mainly of two types- current assets and fixed assets.
Every business wishes to reach profitability, but before that happens, an entrepreneur is expected to know the break-even point. Knowing this helps businesses make well-informed financial decisions, set realistic sales targets, and ensure long-term sustainability. It also plays an important role while applying for a Business Loan because lenders check financial stability before the approval of a loan. Proper break-even analysis enables business owners to price their products correctly and manage costs effectively.
Buying a property in India has certain rules and regulations and along with it it also has the need to acquire some documents.
Car ownership is one of those special times when you are happy and proud to buy a car all by yourself. Having a car today has been a necessity for daily office commute, adventure trips, road trips, etc.
When you apply for a loan or a credit card, the lender needs to assess your profile. They want to ensure that you can repay the amount within the specified time. The credit score is a numeric representation of your previous credit behaviour. It reflects how well you have managed your loans or credit card repayments. Equifax is one prestigious organisation that evaluates your creditworthiness. After analysis, they give you a 3-digit number called the credit score. It can be anything between 300 and 900. The higher your score is, the more creditworthy you as a borrower will be.