Matt Hintze| Entrepreneurship & Financial Management Entrepreneurship refers to the process of creating a new enterprise and bearing any of its risks, with the view of making the profit. Matt Hintze Gainesville Florida provides the best guidance in multiple fields of Entrepreneurship.
What are assets? Financial terms for small business owners • There are some basic financial terms every entrepreneur should know as their business grows. These terms may come up in meetings with potential investors, partners, and clients, so it’s important to be aware of them and to understand how they might affect your business.
Assets • First on the list of financial terms, assets are the economic resources a business has. In a broad sense, assets include everything your company owns that has some economic value. These are generally broken down into six different types of assets. • • • • • •
Current assets Fixed assets Tangible assets Intangible assets Operating assets Non-operating assets
Liabilities • Liabilities, like assets, can be divided into subcategories. The two primary types of liabilities are often referred to as current liabilities and non-current liabilities.
• Current liabilities • Non-current liabilities • Balance sheet
Matt Hintze is the best in finance, marketing & also in entrepreneurship. From him you can get to know more Financial terms. • • • • • • •
Expenses Accounts receivable Cash flow Cash flow statement Profit and loss Income statement Net profit
Grow more your business and finance with the help of Matt Hintze. The the CEO & founder of Group Interactive Solution in Gainesville, Florida.