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On the flip side, individuals without an “entrepreneurial personality” can still become successful founders through education, mentorship, persistence, and skill development. Some people are naturally inclined toward the entrepreneurial path. They may possess higher risk tolerance, innate curiosity, or intrinsic motivation. But without the proper knowledge, support system, and experience, even the most naturally gifted […]

It only prescribes the useful life of different assets and does not provide any specific depreciation rates. Sometimes it happens that an asset consists of several assets or parts. Part C of Schedule II prescribes a useful life period for the whole of an asset. However, if the asset consists of a significant part whose […]

New Zealand’s economy faces several challenges, such as the need to diversify its export markets, reduce its reliance on primary industries, and invest in innovation and technology. New Zealand’s primary trading partners include China, Australia, the United States, and the European Union. The New Zealand Dollar, often referred to as the “Kiwi” due to the […]