answersLogoWhite

0

Financial help is usually given to prevent the collapse of a major or strategically

significant business or activity. This might be thought of in terms of employment or

significance to the economy or region. However financial help uses up scarce resources

from the government finances and arguably allows inefficiency to continue.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Finance

Which financial provide offers the best value debt consolidation loan for small businesses?

The best way to consolidate your loan for small businesses is to go to your largest lender, and discuss with them the possibilities. Failing that, major banks such as BOA and Citi can help.


Why government should provide financial to failing company?

Governments should provide financial support to failing companies to preserve jobs and stabilize the economy during crises. Such assistance can prevent a cascade of bankruptcies that could lead to higher unemployment and reduced consumer spending. Additionally, supporting key industries can help maintain critical services and infrastructure, fostering long-term economic recovery. Ultimately, targeted financial aid can be an investment in the overall resilience of the economy.


Why are financial records important for businesses and individuals?

Financial records are important for businesses and individuals because they provide a clear picture of their financial health, help in making informed decisions, track income and expenses, ensure compliance with tax laws, and enable better planning for the future.


What types of products does Sheffield Financial provide loans for?

Sheffield financial provides loans and financing for power equipment. They provide them for individuals and businesses. They cover product like outdoor equipment, lifts, cranes, and even power sporting goods.


What is Difference between commercial banks and government banks?

Commercial banks are financial institutions that provide services such as accepting deposits, offering loans, and facilitating payments to individuals and businesses, primarily aimed at profit generation. In contrast, government banks, or public sector banks, are owned and operated by the government and often focus on promoting economic development and providing financial services to underserved populations. While commercial banks prioritize profit, government banks may prioritize social objectives, such as financial inclusion and support for government policies. Additionally, government banks may have more involvement in national economic planning and development initiatives.

Related Questions

Which financial provide offers the best value debt consolidation loan for small businesses?

The best way to consolidate your loan for small businesses is to go to your largest lender, and discuss with them the possibilities. Failing that, major banks such as BOA and Citi can help.


What is 16020 of the California vehicle code?

Failing to provide proof of financial responsibility when operating a vehicle


What country does Kotak provide service for?

Kotak is a bank which provides financial services for residents of the country of India. It will provide financial services to individuals and businesses in India.


What services does TDWaterhouse UK provide?

TDWaterhouse in the UK is a financial services company. The provide everything from banking, to insurance to financial investment needs for businesses and consumers.


What are businesses set up by the government to provide public services?

government-owned corporations


Where can one get support for small businesses?

The U.S. Small Business Association is a government program where small business can reach out for help when necessary. They provide loans, grants, bonds, and other financial services.


Why are financial records important for businesses and individuals?

Financial records are important for businesses and individuals because they provide a clear picture of their financial health, help in making informed decisions, track income and expenses, ensure compliance with tax laws, and enable better planning for the future.


What is the main purpose of the state legislature?

To provide financial support for the federal government


What services does Value Research provide?

Value Research provides investment and financial services throughout India. They strive to help businesses and individuals reach their financial goals.


What is full form of BSFI?

BSFI stands for Banking, Financial Services, and Insurance. It is a sector that encompasses banks, financial institutions, and insurance companies that provide financial services to individuals and businesses.


Do companies provide financial assistance for purchasing equipment?

Yes, some companies offer financial assistance, such as loans or leasing options, to help individuals or businesses purchase equipment.


Does Bibby Financial Services provide cheap and affordable accounting services?

It does not appear that Bibby Financial Services provides accounting services. Bibby Financial provides loans for small businesses in the United States and Canada.