Win against battle The Art of War was written more than 2,500 years ago in China. Although the texts are ancient, they are still used today because of their amazing insight into the strategy that has helped develop the world. The book itself was written by a Chinese general named Sun Wu, who was extremely […]
When you start a business, you quickly realize that you need to understand accounting terms. Whether you are dealing with your accountant, bookkeeper, or doing the bookkeeping yourself, you will find accounting abbreviations. Most business people have heard of “Accounts Payable” (AP) and “Accounts Receivable” (AR). But what about AJE? That stands for “Journal Entry […]
No matter how good you are at what you do … No matter how many people love your business … No matter how hard you try to deliver excellence day after day … It’s only a matter of time before you get a review from Yelp. And the criticism can be fair and balanced and […]
Banks were “too big to fail” before the 2008 crisis. Do you know that those same banks are even bigger today? According to data compiled by Capital IQ, JP Morgan had assets of $ 1.3 trillion before the collapse, it now has $ 2.3 trillion. BofA went from $ 1.4 trillion to $ 2.2 trillion, […]
I sat down to dinner with my family when the doorbell rang. I opened the door and greeted the stranger on my porch. “Yes?” I asked. “Hello, I’m with the cable company and we have a great offer for only ninety-five dollars a month, you can get 120 TV channels, high-speed Internet and local and […]
What is the distinction between expenses and expenses as the terms are used in government accounting? Expenditures refer to government funds, while expenditures refer to own funds. Expenses are decreases in net financial resources and expenses are decreases in net financial resources. When an asset is acquired, it is generally accepted as an expense. When […]
We have been led to believe that an army of generals cannot win a war. We have always been trained to distance ourselves from the leader within us and accept the role of followers. However, leadership is what is needed for people to move forward and improve their lives. Leadership is key to happiness and […]
When it comes to choosing the right Linux POS software for your business, it is important that you know the advantages and disadvantages of Linux-based ones. This is because there are so many different ones that you can now choose from. But first let us give you a brief explanation of what POS software is […]
As a business owner, you probably establish contractual relationships every day. Many of you deal with written contracts quite regularly. However, do you understand the basics of contract law and what makes a contract legally binding? Do you know what to look for when reviewing contracts prepared by the other party or your own attorney […]
Financial statements are described as the end result of transactions between a specific entity and other companies and individuals. Transactions include sales, purchases, and general cash flows. There are several types of financial statements, including balance sheet, income statement, cash flow statement, and statement of changes in equity. This article will examine one of the […]