Lease agreements are prevalent for properties throughout the world. These agreements involve two parties. Firstly, they include the property owner, also known as the landlord. On the other hand, they also contain the party that leases the landlord’s property, also known as the tenant. Both parties receive benefits from these …

Setting the price for a product or service can be a complicated task. From satisfying customers to staying competitive in the market, there’s a lot to consider. Economy pricing is one strategy that businesses can utilize to achieve their desired pricing objectives. Economy pricing, also known as low-price or cost-based …

Common stock is a type of equity ownership in a company. It is the primary instrument to indicate the shareholders’ rights to a company’s assets. Sometimes, they are also known as ordinary shares. Common stocks have various features, including voting rights, dividends, limited liability, etc. Companies use these instruments to …

Financing is an essential component of any business’s operations. It helps to fund new investments, provide capital for expansion and support day-to-day operations. Hybrid financing is an increasingly popular financial instrument that combines the characteristics of both debt and equity. By understanding how hybrid financing works, businesses can gain access …

Budgeted cost is an important metric used by businesses and organizations to set financial goals, manage expenses, and ensure that resources are allocated efficiently. It’s also a key element in project planning as it helps to identify potential risks or areas of overspending before committing funds. Businesses can use budgeted …

Leasing is a common way of financing the purchase of an asset – such as a car, piece of equipment, or property – in which the lessee pays for the use of the asset over an agreed-upon time. A combination lease is one of the most common types of leasing …

Most businesses around the world accept checks as a form of payment, but there is a limit to the length of time that it can be presented. Checks can get stale after a certain amount of time, and if this happens, it can cause the check to be rejected by …

Financial statements are written reports of a company’s financial performance and position. These usually consist of the top three ones, the balance sheet, the income statement, and the cash flow statement. As implied by their name, each provides a different aspect of the company’s performance or position. These financial statements …

The price of a bond is a crucial metric for investors to consider when making decisions about their investment. It represents the amount at which the bond gets bought or sold. However, it is not as straightforward to determine this price. Several factors play a role in establishing the bond …

Customer acquisition and retaining customers are top priorities for any business. One of the best ways to keep customers coming back is to provide them with everyday low pricing on their favorite products or services. Everyday Low Pricing or EDLP is a pricing strategy in which the same price is …