A brand new enterprise wants good understanding of strategies and insurance policies to implement to make the enterprise successful. A business plan is a written doc that describes intimately how a business—usually a brand new one—is going to realize its objectives. A marketing strategy lays out a written plan from a marketing, financial and operational viewpoint. Business plans are essential to allow an organization to lay out its goals and attract investment. The Leverage Ratio measures the quantity of loans relative to the financial institution’s equity. It is similar to the Debt-to-Equity ratio for other industries. For DBS, the leverage ratio is 6.9 occasions in Sep 2020. Governments have additionally suspended taxes and increased deficit spending, whereas the European Central Financial institution is pouring 1.35 trillion euros in newly printed cash into the economy by means of regular bond purchases, a step which has helped stop turmoil on financial markets.