401k vs 403b can be difficult to know which kind of retirement savings plan to go with. Everyone you talk to may have different plans, and you’re not sure what the difference is. It can be even more difficult when one employer only offers one kind of retirement plan and not others. How do you […]
Would you call yourself an individual who’s ‘financially literate’? While we’re not necessarily claiming that you know the Stock Market like the back of your hand, since we all use money in our daily lives, being financially literate should be a necessity across the board. The thing is, you can’t just ask whether someone is […]
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 […]
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 […]