Finance and Business Archive

Limited Liability Partnership (LLP) – Advantages and Disadvantages

A limited liability partnership or LLP is a kind of partnership which combines the characteristics of corporations and partnership. All partners or at least some of them have limited liabilities and one partner is not liable for problems caused by another. An LLP exists as an independent entity. It continues to function even if the

Limited Liability Corporation (LLC) – Advantages and Disadvantages

A limited liability corporation or company is a company that has both the characteristics of a partnership or sole proprietorship and a corporation. It can have one or more members who are not legally responsible for the company’s liabilities. To be specific, it has the limited liability feature of a corporation and pass-through income taxation

Mortgage Advantages and Disadvantages

A legal contract by which a loan is granted by a bank or a lender to a person with his or her property as security is called mortgage. The loan is to be repaid along with interest and other costs. Once this is done, the contract ends. If the loan is not repaid, the bank

Certificate of Deposit Advantages and Disadvantages

A Certificate of Deposit or a CD is a savings certificate that entitles the bearer of the same to receive interest. The certificate bears a maturity date, has a fixed rate of interest, and is issued in any denomination. The CD’s are generally issued by commercial banks and the tenure ranges from three months to

Advantages of Social Media for Business

Social media is a wonderful platform for applying the marketing strategies for a business and hence this Social Media Marketing (SMM) is becoming very popular these days. It is nothing but use of social media as a marketing tool by majority of the businesses. The main aim of SMM is to produce content that is

Mutual Fund Advantages and Disadvantages

A mutual fund is a type of investment where there are a number of investors who invest money to a common pool. The money is then used to purchase securities. Every investor has shares of the fund which can be sold whenever they want. The investments of the fund are supervised by professionals in the

E-Commerce Advantages and Disadvantages

E-commerce or electronic commerce can be defined as any commercial transaction that happens over the internet. Every business exchange occurs electronically here. It involves the exchange of any types of goods or services and makes use of technologies like online fund transfer, online transaction processing etc. E-commerce has led to the growth of both small

Debit Card Advantages and Disadvantages

Debit cards is the most convenient way of spending your money instead of carrying cash all around and then worrying about losing the same. Debit card is plastic money as it is quite often referred as and is similar to credit card but is linked to your bank account. When you make any purchase, you