When done correctly, options are quick ways to make a lot of money, however, it is also a quick way to lose money. As with everything stock-related, things can get complex! Let us simplify some things for you.
Starting a business can be a cumbersome thing. Having to rummage around for things to apply for while worrying about how to keep your business afloat is no easy task! Get an insight and headstart on how to start a business in the land Down Under!
In the realm of venture capital and familiarised by many venture capitalists, a unicorn is literally as the name suggests- rare, magical and powerful, and is a honorary title that is bestowed upon startup companies that are worth more than $1 billion without having to go public on the stock exchange. As of 2022, there are more than 1,170 unicorns in the world. To name a few, we have SpaceX, ByteDance, Stripe and Ripple. Australian-based unicorn startup companies include Canva, Immutable and LinkTree.
Many businesses trade internationally. They need to hedge their currency risk in order to protect themselves from fluctuations in the foreign exchange markets and avoid losses due to changes in the value of their cash and assets. This blog post will explore how forex hedging can help your business reduce its risks.
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