Click here to see the full Business Encyclopedia Capital Capital is the money and assets that a business uses to operate, grow, and make investments. This can include cash, equipment, buildings, and any resources that help a business function. Capital is crucial for starting and running a business, as it’s used to pay for expenses, […]
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Click here to see the full Business Encyclopedia Balance Scorecard A Balanced Scorecard is a simple tool used by businesses to measure and track their performance. It looks at four key areas: finances (money), customers (people who buy things), internal processes (the way the company works), and learning and growth (how the company improves and
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Click here to see the full Business Encyclopedia Accounting Accounting is the process of keeping track of a company’s financial information, such as income, expenses, and assets. It helps businesses know how much money they have, where it’s going, and whether they’re making a profit or not. Accounts Payable “Accounts Payable” is the money your
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