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Part 3 of 3-Part Series Since there are many profitability ratios, they target many different areas of the business and the more insight you have, the better you can run the company. The ratios will show which parts of the business are not running financially efficient and need work. Financial statements are the basis of any business management, but they…
Reducing bad debt is easier than it sounds, but it requires a lot of sacrifice, discipline and planning. When it comes to paying down existing debt, many become trapped in self-deceptive practices that do little to mitigate the problem, and instead prolong it. Here’s five examples of bad debt reduction habits that you can identify and take steps to avoid…
One of Kismet’s key roles as your wealth advisor is to help you make decisions better, and one of the biggest decisions you will make in your life is buying a home. Buying a home is a big deal for a whole host of reasons. Yes, it means you’re finally the owner of a place that is truly your own,…
Saving money is one thing, but building your inherent wealth is quite another. It requires short-term sacrifices for the sake of longer-term gain, which can affect everything from your retirement to your mortgage, and freedom to do the things you love most. Read on to learn about the 5 best ways to build your existing wealth, and how you can…
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