What Does Laissez-Faire Mean?

Laissez-faire is an economic theory from the 18th century that advocated for an minimally regulated free market. The theory is based on the belief that the economy is best left to its own devices and that government intervention should be limited as much as possible. Laissez-faire economics was a major force in the Industrial Revolution … Read more

What is an invoice?

An invoice is a commercial type document that is used to collect all the information related to the purchase and sale of a product or service. The concept of an invoice thus covers specific details about the operation in question, thus an invoice serves to demonstrate the delivery of a product or service after its … Read more

What is cash flow?

The concept of cash flow, translated into Spanish as cash flow, refers to the inflows and outflows of cash or cash in a specific period of time. This allows it to become a perfect indicator of the liquidity of a specific company. Thanks to the cash flow, it will be possible to know the account … Read more