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How to Build Your First Balance Sheet as a Startup?

Strategy Driven

Assets here can be current or non-current assets , and they include everything that the startup owns within a given period. Assets can be tangible, which refers to those assets that can be seen and touched like properties. A startup can also have intangible assets that you cannot feel or touch, like goodwill.

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Why Accounting in Business is Important

Strategy Driven

Liquid assets are cash, securities, receivables, and other financial assets that can be converted into cash within a short period, like a day or two. Intangible assets, such as buildings or equipment, are less liquid and can take longer to convert into cash.

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What It Will Take to Fix HR

Harvard Business Review

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. Finance Human resources'

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. Digital firms are as valuable for their intangible capital as were the 20 th century firms for their land, building, and factories.

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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

The superstars tend to be more involved in global flows of trade and finance, more digitally mature, and they dominate the lists of the most valued companies, the most valued brands, the most desirable places to work, and the most innovative companies. Productivity can help; but it is not enough to achieve superstardom.

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What Younger Workers Can Learn from Older Workers, and Vice Versa

Harvard Business Review

What we asked people was, at this point in their lives, are they actively building, maintaining, or depleting their tangible and intangible assets? Actively building both tangible and intangible assets is crucial to creating a long and productive working life. Over 10,000 people completed it. What might this look like?

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Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

Harvard Business Review

In Sweden, for example, the portion of approved bank loans to small and medium-size enterprises has decreased by 15% over the last 10 years , and roughly 60% of all ventures in need of external financing have reported difficulties in accessing financing for their investments.