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What is Compound Interest and How Does It Work?
Compound interest is an interesting financial concept that affects the lives of many people and businesses around the world. Compound interest is a type of interest which is calculated not only on the initial principal amount, but also on any accumulated interest from previous periods. This concept can be quite advantageous for those with long-term…
What is Debt Mediation and When Should You Consider it?
The global economy is still reeling from the effects of the pandemic. Small businesses have suffered greatly due to restrictions implemented by governments and the lack of customers. Debt has become a major problem for many small businesses who are struggling to make ends meet. Debt mediation is a process that can help small business…
The Small Business Owner’s Guide to Sending, Receiving, Saving, and Protecting Funds
As a small business owner, it is important to understand how to send, receive, save and protect your funds. Having the right tools in place can help you remain efficient and secure with your finances. Sending When sending funds, there are many payment processing options available for businesses of all sizes. Utilizing traditional methods such…