Author Archives: Up Next Finance

Think about a famous leader. Every company, non-profit, or organization needs a key individual, who has great leadership skills, to succeed. The Chief Executive Officer, often referred to as the CEO, is the highest-ranking individual in a company or organization. CEOs are responsible for managing an entire company or organization’s operations, with a major focusContinue reading “What is a CEO?”

Everyone knows what a CEO is. But what about the other people who help a company operate successfully? The group of top executives in a company are collectively known as the c-suite, hence the “chief” in front of the title. These individuals are very experienced and have typically achieved high amounts of success in theirContinue reading “What is the c-suite?”

Most people believe that the CEO is the most powerful person in a company. However, there is a group of leaders, called the board of directors, that has even more power than the CEO. The board of directors, commonly referred to as “the board,” is a group of leaders responsible for representing shareholders in companyContinue reading “What is a board of directors?”

Have you ever shopped at a small business or started your own business? Chances are, you’ve interacted with or used an LLC! A limited-liability company, or LLC, is a type of business structure that is distinctly separate from its owners. Like corporations, LLCs are popular among entrepreneurs and business owners. Instead of being referred toContinue reading “What is an LLC?”

What do Apple, Kroger, and Ford all have in common? Besides being some of the world’s largest companies and leaders in their respective industries, these three companies are also corporations! Corporations are legal business entities that are owned by a group of people called shareholders. Many of the companies we engage with daily are structuredContinue reading “What is a corporation?”

I’m sure we have all experienced a time when we needed to borrow money from a friend or parent. In each situation, hopefully, we paid the money back to the person we borrowed it from. This concept is known as a loan! A loan is an amount of money given to someone, who promises toContinue reading “What is a loan?”

If you have ever borrowed money, you have probably heard of interest rates. Or better yet, if you are familiar with the Federal Reserve, you have probably heard the term. But what are they? Interest rates are fees charged on borrowed money, usually expressed as a percentage of the loan amount. Mortgages, car loans, andContinue reading “What are interest rates?”

The stock market, just like any market, has its fair share of ups and downs. Over the past few decades, investors have used certain terms used to describe the conditions of the stock market. At any given time, there can be a bear market or a bull market. In this article, we’ll cover bear markets.Continue reading “What is a bear market?”

If you live in America, or quite frankly anywhere in the world, you’re probably familiar with New York City. A global city, known for its rich history and culture, is also home to Wall Street. But what is it? Wall Street is an area located in Lower Manhattan’s financial district. Dating back to the earlyContinue reading “What is Wall Street?”

If you look at all the labels of different products in your home, you will find that many of them were produced outside of the United States, most likely in China. You may wonder how products from China end up in the United States? The answer is through global trade. In the simple sense, theContinue reading “What is global trade?”