The combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:
<h3>What is Sweat Equity?</h3>
- Sweat equity is a term used to described the contribution made during the star-up of a business, project or enterprise which are in form of hard-work or effort.
- Sweat equity is usually common for small start-ups where the owners do the actual work themselves to save cash or when they are unable to contribute financially for the start-up.
Therefore, the combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:
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Lazarus's model is about stress and cognitive appraisal and according to him, this is a two-way process: primary appraisal and secondary appraisal. And based on the given scenario above regarding Leslie's situation, I can say that she is now engaging in the secondary appraisal. Hope this helps.
With credit, you can get a car, or anything that is expensive, if you have bad credit, it would be hard to get these things, with credit, you can also try things for free, people who have bad credit, are not trusted to return the items they try.
Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Belinda is "Financial Manager".
<h3>Who is financial manager?</h3>
Financial manager examine financial information compiled by accountants, keep track of the company's financial situation, and create and carry out financial strategies.
The roles of financial manager are-
- creating reliable financial information and reports
- cash flow statements being created
- estimating a profit
- controlling credit
- giving guidance on financial decision-making
- investing guidance
- generating financial projections
- Budgeting
Therefore, one of the most crucial duties of business owners and managers is financial management.
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