archiveMarch 2022

What does it mean to own a business, how exactly does a business owner's capital account work, and why is it important? Before answering these questions, it's important to first understand what capital is, then explore how capital accounts work for each type of business owner. What Is Capital? Capital...

The term capital has several meanings, and it is used in several areas in business. In general, capital is accumulated assets or ownership. The roots of the term "capital" go back to Latin, where the term was capitālis, "head," and Latin capitale "wealth. Capital is important to businesses because the cost of buying and...

Startup capital is the money a business owner needs to start up a new company. This funding helps the business meet its initial costs, such as office space or equipment. Raising startup capital is an important step in the process of launching a new business Learn more about startup capital, what...

Appnomu Business Services is licensed by the URSB to conduct businesses in Uganda and among our services, we do financial services and  is among the leading services. Since our launch in 2021, we have  1055 clients across Uganda who are taking everyday loans online and this has made us among...

When business owners need money to operate their business day-to-day or to make large purchases, they may need to obtain outside financing for the business. External financing may be needed if sources of internal financing—like personal funds the business owner can use or funds from family and friends—are not available....

Small businesses take out commercial bank loans with the hope of using borrowed capital to become more profitable. Loans can come from sources other than banks, such as credit unions, public funds, or private investors, and small businesses can use inventory or accounts receivable as collateral. Depending on where and...