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The Growth of the Chola Empire: A Remarkable Journey of Power and Influence
Who were the Cholas? The Cholas were an ancient South Indian dynasty that ruled between the 9th and 12th centuries AD. They were known for their military prowess, cultural achievements, and for their conquests of large swaths of land in the south of India. The Chola Empire was one of the most powerful and influential…
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Amortization simplified into 300 words
‘What is Amortization? Firstly, what is amortization? Amortization is the process of distributing the cost of an investment over time. Essentially, it involves calculating how much you spend on an investment annually and measuring the revenue generated by that investment within the same period. Let’s consider a simple example. Imagine you own a plushie company…
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Lifetime Value and CAC
What are Lifetime Value and Customer Acquisition Cost? Let’s begin by examining Lifetime Value. What is Lifetime Value? Lifetime Value is the total value of a customer over the lifetime of their relationship with your company. The more they purchase from you, and the longer they stay with you, the higher the Lifetime Value, the more…
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The 3 Core Financial Statements you need to know.
In finance there are three critical statements that will help you see if your company or other companies’ performance in finance. Here they are: Before I show you what these statements mean, I would like to point out that these statements are used to lay all the things you are doing on the table and…
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How Business Takes Advantage of Scarcity
What is scarcity? Well the dictionary definition of scarcity is pretty simple, “The state of being scarce or in short supply; shortage.” So now what happens if something is in short supply and there is substantial demand? People will be encouraged to buy as quickly as possible which is profitable for the company that makes…
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The best business plan for startups in 600 words.
What is a lean canvas? Lean Canvas is an easy way to plan your business on one page, or on one canvas. Which is why it is called Lean Canvas. Lean Canvas is an adaptation of the business model. The Lean Canvas is a one-canvas business plan. It consists of nine blocks to be filled…