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Bank Loan
A bank loan is a sum of money borrowed from a financial institution, which is to be repaid with interest over time. It can be secured (backed by assets) or unsecured (based on creditworthiness). Bank loans are common financing tools for businesses to fund operations or expansion.
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Business Valuation
The process of determining the economic value of a business, used in sales, mergers, or fundraising.
Breakage
Revenue recognized from unredeemed gift cards, vouchers, or prepaid credits that customers never use.
BAS Agent
A professional registered with the Tax Practitioners Board authorized to prepare and lodge BAS on behalf of businesses.
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