ROI: Return on Investment Meaning and Calculation Formulas

Real rates give an accurate historical picture of how an investment performed. But the nominal rates are what you’ll see advertised on an investment product. In other words, even though the nominal rate of return on your savings is 5%, the real rate of return is only 2%, which means the real value of your… Continue reading ROI: Return on Investment Meaning and Calculation Formulas

Are Highly Successful Entrepreneurs Born or Made?

Another is persistence, which is perhaps the key characteristic. Virtually every great entrepreneur has failed numerous times before they succeeded, or had to battle against considerable odds, like Jack Ma, the founder of Alibaba. When he was starting out he applied for a dozen jobs, including one at KFC, and got turned down for every… Continue reading Are Highly Successful Entrepreneurs Born or Made?

7 Factors That Affect the Supply and Demand of Your Business

While we usually think of technology as enhancing production, declines in production due to problems in technology are also possible. A variable that can change the quantity of a good or service supplied at each price is called a supply shifter. Supply shifters include (1) prices of factors of production, (2) returns from alternative activities,… Continue reading 7 Factors That Affect the Supply and Demand of Your Business