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FRANKLY SPEAKING Posted 20 years ago
Business & Finance

Business Article - Explain this Sentence

Could any one who's well know about business and its keywords explain the sentence which is illustrated in the text

-" If a business is to be started, funds must first be obtained from some source. The money may come from the would-be businessman's personal savings ---- in which case it is called equality capital --- or it may be borrowed from a bank ."

Thanks in advance .
  

Top answer

" The phrase "would-be" is used to mean that this person would be [that thing] if the circumstances allowed it. So if I wanted to start a business and I used my own savings account, the money is coming from this would-be businesswoman's personal savings. " This article says that if the business owner uses his own money, it's called "equality" capital - I would ask that you look that part up again.

  • " The phrase "would-be" is used to mean that this person would be [that thing] if the circumstances allowed it.
  • So if I wanted to start a business and I used my own savings account, the money is coming from this would-be businesswoman's personal savings.
  • " This article says that if the business owner uses his own money, it's called "equality" capital - I would ask that you look that part up again.
  • " Does that explain it?
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5 Answers
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The person who wants to start the business is the "would-be businessman." The phrase "would-be" is used to mean that this person would be [that thing] if the circumstances allowed it.

So if I wanted to start a business and I used my own savings account, the money is coming from this would-be businesswoman's personal savings.

Capital is another word for "money that is avialable to
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Thanks so much , you are more than intellectual person ...

I looked the part up again and found that it is equity " as you said "

with regards
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0respected sir, AOA02br
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00 plzz explain this statement 01b01i00“02i00Financial Statements under accrual accounting system”02b02br
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00 and answer post 02br
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1i00Financial Statements under accrual accounting system02i00 = the financial statements are prepared using the accrual method of accounting.02br
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01i00Accrual accounting02i00: the most widely used accounting method, in which a company's income and expenses are recorded at the time they earned or incurred, regardless of the actual
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0 its that the man who is trying to set up his own business may take some money from his personal account 01i00_ in this case we are gonna have an equality capital _02i00(we are talking about the capital of the company ), or he gonna take a credit from a bank 0-

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