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business funding
Lend-ability: Your Business Practices Can Impact Loan Qualification
Tuesday/January/06 15:20 Filed in: credit & funding
by Derek G. Rowley (c) 2009. All Rights Reserved
Disraeli once said that “there are three kinds of lies: lies, damned lies, and statistics.”
In business, some of the “statistics” that can tell such damning lies are the numbers found on company balance sheets and income statements. Too often, the reality is not accurately reflected in the numbers. Accounting is not intended to be a creative art, but in the hands of the right practitioner or aggressive entrepreneur, the accounting numbers can paint almost any type of picture.
Read More...
Disraeli once said that “there are three kinds of lies: lies, damned lies, and statistics.”
In business, some of the “statistics” that can tell such damning lies are the numbers found on company balance sheets and income statements. Too often, the reality is not accurately reflected in the numbers. Accounting is not intended to be a creative art, but in the hands of the right practitioner or aggressive entrepreneur, the accounting numbers can paint almost any type of picture.
Read More...