Your DCSR plays a major role in the direction your company will take when dealing with debt. A debt service coverage ratio is one of the first headaches any business owner will deal with. Once you determine DSCR the first time, it is much easier to calculate in later years. What Is Debt Service Coverage […]
The Digital Era is here and it is changing the way we live every aspect of our lives, including our financial choices. We have cryptocurrencies, direct deposits, and now, Open Banking. The concept of Open Banking has been around for years. You’ve probably heard of it and still don’t know exactly what it means, though. […]
A compound annual growth rate is an important stat that helps identify the growth of your business. Without it, there is a huge blind spot to success that is near impossible to overcome. All companies have a unique way of using this stat, so what is CAGR to your company? Learning the answer will open […]
Now that we’re fully into 2020, how are your New Year’s resolutions coming along? If you’re like many people, the chances are you had some financial goals you wanted to fulfill, but this is obviously easier said than done. Bills and unexpected expenses come up, and they can easily throw you off track. In some […]