Business Management SL
Business Management SL
6
Chapters
175
Notes
Unit 1 - Introduction To Business Management - QB
Unit 1 - Introduction To Business Management - QB
Unit 2 - Human Resource Management - QB
Unit 2 - Human Resource Management - QB
Unit 3 - Finance & accounts - QB
Unit 3 - Finance & accounts - QB
Unit 4 - Marketing - QB
Unit 4 - Marketing - QB
Unit 5 - Operations management - QB
Unit 5 - Operations management - QB
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 3 - Finance & accounts - QB
Business Management SL
Business Management SL

Unit 3 - Finance & accounts - QB

Mastering Short-Term Vs. Long-Term Finance: Key Differences

Word Count Emoji
684 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onΒ 5th Nov 2024

Table of content

πŸ˜€ FUN FACT! Imagine buying a candy bar with a 30-year mortgage loan. Sounds crazy, right? Well, that's like using long-term finance for short-term needs. Let's break it down...

What's the deal with short - & long -term finance?

  • Simple Idea
    • Use short-term finance πŸ’Έ for short-term assets.
    • Use long-term finance 🏦 for long-term assets.

Example: Don't use a 30-year loan to pay off a lunch debt; and don’t pay for a house with the money from your daily allowance!

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Dive deeper and gain exclusive access to premium files of Business Management SL. Subscribe now and get closer to that 45 🌟

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IB Resources
Unit 3 - Finance & accounts - QB
Business Management SL
Business Management SL

Unit 3 - Finance & accounts - QB

Mastering Short-Term Vs. Long-Term Finance: Key Differences

Word Count Emoji
684 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onΒ 5th Nov 2024

Table of content

πŸ˜€ FUN FACT! Imagine buying a candy bar with a 30-year mortgage loan. Sounds crazy, right? Well, that's like using long-term finance for short-term needs. Let's break it down...

What's the deal with short - & long -term finance?

  • Simple Idea
    • Use short-term finance πŸ’Έ for short-term assets.
    • Use long-term finance 🏦 for long-term assets.

Example: Don't use a 30-year loan to pay off a lunch debt; and don’t pay for a house with the money from your daily allowance!

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management SL. Subscribe now and get closer to that 45 🌟

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