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List and explain the steps that will help new business owners in managing their time.
Net Present Value
A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.
Intangible Benefits
Non-quantifiable advantages or value derived from a project, service, or product, such as brand recognition or customer loyalty.
Financially Attractive
A term used to describe investments or projects that are expected to yield a good financial return.
Discount Rate
The interest rate charged by central banks for lending money to commercial banks or the rate used in discounted cash flow analysis to determine the present value of future cash flows.
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