Many start-up businesses stop at determining their beginning Equity. After putting up the initial capital for your business, you have to determine the optimum Working Capital to position your business on the road to profitability and growth.
Specially during these times of high transportation costs and constricted markets, f you do not put up enough […]
The downward spiral in a recession (downsizing & cutbacks > unemployment > loss-of-purchasing power > cuts-in-production > more unemployment > more loss-of-purchasing-power > and on and on) can be mitigated if the Fortune 500 & Blue Chip corporations (which remain profitable, recession or not) […]
One of the greatest problems of a prolonged recession is the downward spiral that corporations (large & small) cause by their survival strategies. As companies downsize & cutback, unemployment causes loss of purchasing power in the market place which make companies bring down production levels which causes more unemployment which causes more loss of […]
Your credit card is a source of interest-free loan. But, this will work, if and only if you think of your credit card as a tool for personal cash flow management –rather than additional cash in your wallet.
It often happens that a purchase has to be made before your expected cash has become […]
I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:
Keeping up with the Joneses is a great contributor to Stress. It pushes you into Conspicuous Consumption (e.g., a gas-guzzler luxury car instead of […]
I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:
Just like Cash in a business Balance Sheet, Health in the Balance Sheet for Living is much affected by Liabilities. And, the most important […]
I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:
Just like Cash in a business Balance Sheet, Health in the Balance Sheet for Living is much affected by Liabilities. Among the Liabilities in […]
I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:
Health is like cash which you spend on what you have to do and/or want to do. The healthier you are, the more time […]
I’ve always maintained that accounting is also for business. It’s concepts, relationships among accounts, system of balances are applicable in almost anything in life.
Accounting Solver presents a Balance Sheet for Living:
As in any Balance Sheet for business, Equity is what you start out with or put into the business and which constitute your Assets. […]
I’ve always said that accounting is also for business. In other words, accounting is mostly common sense and is applicable (is being applied and should be applied) to almost anything we do –balancing work & leisure, measuring risks against rewards (in investments as in any endeavor), counting politicians’ promises against what they’ve […]
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