The financial industry continues to improve with regular advances in automation and technology. Dubbed “fintech,” the combination of finance and technology has become a popular trend to watch for industry insiders and the general public. Fintech has changed the way that money is exchanged. Most people know about crowdfunding and mobile banking, but there are […]
It is a term that you may well be familiar with but understanding the mechanics of financial leverage and how to use it to your advantage takes a greater level of comprehension if you are going to maximize your opportunities. Here is an overview of what financial leverage is all about and when it 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 […]
The media and public sector often tout the benefits of increasing the federal minimum wage. President Obama used his 2014 State of the Union Address to proclaim that a higher minimum wage would drive economic growth, provide more jobs, and reduce government spending. However, these benefits are often inflated and fail to take into consideration […]