In this episode of
Money Creation Explained we are going to cover How
Businesses Create Money.
When an individual or group of individuals come together to
start a business entity, they are creating an opportunity to
create money. Businesses have the power to offer services or
products to others. They can develop new technologies or
take raw materials and turn them into a finished product
from the total of all the components. This ability allows
companies to create value and needed services and products
that others would not be able to do on their own. They can
charge prices higher than their combined costs and make a
profit. This is how businesses are successful. They create
new money in the economy by purchasing products and services
from others and also for their company. Furthermore, their
company value also increases which is potential new money if
their company is sold.
Just creating a business entity does not guarantee success.
There is a lot of competition and many businesses are
offering the same type of services or products. Businesses
must have an effective market strategy to create separation
and value added benefits to gain business over their
competition. At the time of this video there are 31.7
million small businesses in the US. This number accounts for
over 99% of all firms operating in the US and employs almost
50% of the entire workforce.
Businesses always need money to grow, expand, and increase
cash flow. IOU Notes offers alternative forms of loans and
credit to businesses to help them succeed. The platform
gives any business the ability to offer their current and
future customers an internal credit and pay later option
that once was available to only larger companies that could
issue their own store credit program. Small businesses can
reach a larger audience by offering very attractive terms to
customers such as allowing them to receive product or
service now and pay later and not have to worry about high
interest rates.
Another service offered by IOU Notes to businesses is called
Secure Loans. It allows users to leverage their own
funds to obtain small loans for personal and business use as
needed and never pay more than 5% interest per year on those
funds and can select from 1 or 2 year repayment methods.
Using Secure Loans a user can have a dependable emergency
loan option, help build or rebuild their credit, budget
their money better, and stop paying high interest fees from
other loans. This service was created because of the need
for affordable small loans.
Donations of $20
or
more will receive
our
Gift of Appreciation
Crypto
Currency Blockchain Coin
10 Million Max Supply Industry
leaders Bitcoin is
21 Million max supply
and Ethereum is unlimited.
_____________________
Note: IOU
Notes is a for profit company and any funds donated are not
tax deductible. We declare any donations as company revenue
and pay the applicable taxes on it.
.png){kind=spacer}
