The first documented examples of commercial bank statements are from Italy in the 14th century, and they have been around since the Middle Ages. Business bank statements are a crucial tool for all businesses today, regardless of size. While the structure has evolved greatly over time, the goal has remained the same: to assist you […]
Author: adminsy
Understanding how to calculate business credit scores
Any business’s ability to borrow is essential to its success. Companies of all sizes, from fledgling startups to established multinationals, depend on borrowed cash to operate and grow. But the possibility of default exists with any loan. Lenders are selective and picky about the companies they give credit to. A business can have trouble obtaining […]
Calculating the value of your business
Business Valuation You may be required to determine your business’s valuation, often known as its fair market value, as a business owner. The following situations call for a small business valuation process: Loan refinancing Do you intend to add new shareholders or partial owners? Considering selling your business. A valuation may also be necessary in […]