Getting into a business partnership has its benefits. It allows all contributors to share the stakes in the business. Depending on the risk appetites of partners, a business can have a general or limited liability partnership. Limited partners are only there to provide funding to the business. They have no […]
Credit Card Interest Rates – Why It’s Important To Understand How They Work
Einstein put it best when he said, “Compounding interest is the greatest mathematical discovery of all time”. Now the question you need to ask is, “Do I want this force working for me or against me?” If you own a credit card and you carry-over balances from month to month […]
How Do You Obtain An Unorthodox Loan?
An unorthodox loan is defined as a loan that is not obtained through the common lenders or through the common channels. It may be a situation where your income is variable, your purpose for the loan is not conventional, you own a business or a loan is for investment purposes. […]
The Art And Science of Closing – How To Close More Sales Right Now
One of the questions I often get asked as a sales coach by sales people and business owners alike is, “How do I close sales better? What closing techniques would you recommend?” In my experience, closing is one of the three most feared areas of the sales process. The other […]
Bank Statement Mortgage: Can You Apply for It?
For granting a home loan, mortgage providers verify the income source of the borrower. Typically, the verification is done based on the W2 tax forms. However, this can create a problem if you work as an independent professional, such as a freelancer. The reason is that freelancers, owners, gig workers […]
The Revocable Living Trust and How it Helps to Avoid Probate
A Revocable Living Trust is a document that allows you to transfer assets from your individual self to yourself as a Trustee, thus removing the assets from your individual estate and avoiding probate and limiting the estate tax burden for your family after you are gone. This transfer is permitted […]
Balance Sheet of the Cyprus Economy – Do We Have Hope?
Dear readers, we have prepared for you an “accountancy based balance sheet” regarding Cyprus future in terms of real estate development. This is a road map of “things to be done”, in order to offer some sort of hope, but at the same time, not to dream that everything is […]
The Definition Of Asset Management
Many of you have probably heard the term “asset management” Before, but you may not have an idea of what it really is. Asset management is a broad term. It can be defined as a process that guides the gaining of assets, along with their use and disposal in order […]