Tag: cons
Limited partnership: meaning, pros and cons
What is a limited partnership? A limited partnership is a type of business structure where two or more partners agree to operate a business together. Unlike a general partnership, a limited partnership has at least one general partner and one or more limited partners. The general partner(s) has unlimited liability for the business’s debts and …
Types of Business Ownership & the Pros and Cons of Each
There are many things to do when starting a new business, and one of them is choosing the right business structure. Mind you, a business structure depends on the type of ownership. In this post, we will explain the different types of business ownership and the pros and cons of each. The type of business …
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Conglomerate: Meaning, examples, pros and cons
Nigeria is a nation with a diverse and rapidly growing economy. One of the driving forces behind this growth is the emergence of conglomerates in the country. These large, multi-industry companies have helped to bring stability and prosperity to many sectors of the Nigerian economy. However, their rise has also sparked debate about their role …
Family business: Pros and cons
Establishing a family business has its own advantages and disadvantages that are worth looking at closely. While it can provide stable leadership, it can also promote right over competency. What is a family business? A family business is a corporate venture that comprises family members. It includes several possible combinations such as father and mother, …
Derivatives: Meaning, how it works, pros and cons
The world of corporate finance is filled with varying techniques that aid business concerns for growth. Various techniques are applied by industry players to ensure revenue is derived. The general aim of business is to provide products or services to the general public while maintaining profits through cost reduction. One such productive concept for businesses …
Entrepreneur: Meaning, types of entrepreneurs, pros & cons
Before a business transforms into a huge corporation, the business first has to be established by individuals. These individuals are referred to as entrepreneurs. This article talks about all there is to know about an entrepreneur and how it works. Meaning of Entrepreneur Entrepreneurs are individuals or a group of individuals coming together to establish …
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Subsidiary company: Meaning, how it works, pros & cons
The world of business is filled with thousands of varying practices aimed at increasing a company’s revenue while adding value to its activities. Most times a company can be created with varying objectives that are outrightly distinct, when this occurs, the company is likely to establish various corporations to meet up certain aspects of its …
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Cash management: Meaning, techniques, pros and cons
Cash management refers to the efficient use of an organization’s cash resources to meet its financial obligations and maximize returns on surplus cash. In today’s business world, effective cash management is critical for success, as it affects an organization’s liquidity, profitability, and overall financial stability. This article offers all there is to know on cash …
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Account receivables: Meaning, how it works, pros and cons
The world of business has impacted, strongly, on the everyday living of people across the world. Varying investment opportunities and business concerns and developments that match traders’ expectations are deployed for increased growth in trade. The basic aim of a business is to provide a service or product, the supplier and the demanding party both …
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Investing in Real Estate: The Pros and Cons
Is real estate for me or not? It is a question that many individuals struggle with. If you are considering investing in real estate, you will undoubtedly have found a lot of inspiring and encouraging information in books, on the internet, in magazines, in newspapers, podcasts, on the radio, and so on. Indeed, real estate …