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Planning and Financing by Hugo Daems
Planning & Financing by Hugo Daems
This book explains how and why planning is conceived and implemented. The steps lead to convincing prospective owners that investments will be recovered profitably, and when correctly implemented to convince lenders that loans will be repaid. It examines the basic nuts-&-bolts for putting a business plan together & lists components to consider in assembling them into a solid plan. It explains the most common methods of measuring profitability and points out uses & misuses of each profitability measure.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Planning and Financing by Hugo Daems
About Author
Hugo Daems
Mr. Hugo Mr. Hugo Daems studied law, politics and Business Administration in European colleges and Universities. He holds also an MBA degree from the University of California in Berkeley, where he majored in International Business and Financing. He has more than forty years experience in these fields. He held positions as controller and lead project planner in several major companies. He founded H.E.A.D. CONSULTING, Inc. in 1980 and was also responsible for planning and financing of ventures in Europe, Africa, Asia, South America, the Middle East, the South Pacific and the Orient. His website is www.hugodaems.com
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