Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

assets vs liabilities whats the difference

Assets vs Liabilities – What’s the Difference?

Good business accounting practices begin with understanding the difference between assets and liabilities. A typical balance sheet contains two columns: one for assets and another for liabilities. These two key financial metrics provide a general overview of your business’s financial health by tracking how much money your business makes relative to what it spends and…

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how to get financing for a business

How to Get Financing for a Business

Financing is an important step to launching and operating a business. By definition, a business is a person or entity that sells products or services. According to the Small Business Administration (SBA), there are about 28 million small businesses in the United States, as well as millions of other larger businesses. Regardless of size or…

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how to get a loan for a new business

How to Get a Loan for a New Business

Statistics show that the average cost of starting a new business in the US is roughly $65,000, according to a Babson College study. Of course, some businesses may require more or less startup capital, depending on the industry and scale of the company. Regardless, if you are planning to open a new business, you may…

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what is asset turnover

What is Asset Turnover?

Asset turnover is a financial metric that reveals a business’s sales relative to its total assets. Whether a business sells a product or service, it most likely has assets of some sort. Manufacturing companies, for example, have expensive machines and equipment, whereas landscaping businesses have lawnmowers, weed eaters, and trucks. The items a business uses…

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