Thursday, 3 November 2011

Opening activity for Day40

Solvent - able to meet debts or discharge liabilities. I don't think it is possible for a business to be solvent but not profitable, because to open up a company, the main thing people open up a business is to make a profit, either it's for charities, or for your own, you are still making profits, but if you are not making profits, you shouldn't open a business.

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