an interview with Master Joseph Badini Master Badini holds an MBA and is a top professional business expert who also runs a martial arts school. His experience and background are an asset for the martial arts industry. He shares his insights with regard to assets in this interview. MAW: Why is the management of assets and liabilities critical to running a business? JB: Managing assets and liabilities is the key to understanding the financial health of any business. The net changes in both the asset and liability accounts effect the financial cycle and can have an impact on the overall business goals and objectives. MAW: How would you define liabilities?
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