Balance sheets play a critical role in any business, regardless of that business’s size, age, and industry. They can be beneficial for small businesses too, and that’s the reason many small business owners prepare them. Any company with shareholders needs to prepare a balance sheet, otherwise known as a Statement […]
Accounting
What is an Equity Broker?
Those who wish to buy or sell shares of stock in publicly traded companies do so by engaging a stock broker. The broker receives a commission, and in some cases, a monthly fee for managing the account. When most people use the term “stock broker” they more than likely are […]
My Estate Includes Probate Fees
When dealing with estates, there are 2 main types of taxes/fees that come up. These are the income taxes and probate fees. These are not the same thing, but the two taxes arrive at the same time – upon someone’s death. This article does not deal with the income tax […]
Insurance Required During Construction Or Conversion of Vessels Or Rigs
1. Builder’s All Risk Insurance: Usually during the contract negotiation stage, when it is as yet unclear as to which party will be accepting which liabilities, which party will be responsible for procuring the insurance and absorbing the deductibles, etc., both parties look more deeply into the breadth of available […]
12 eCommerce Legal Issues to Consider in Operating an Online Business
The following article provides a high-level summary of some key eCommerce law issues online business operators face in running a website or other eCommerce business. Conducting business online or maintaining a website may subject companies and individuals to unforeseen legal liabilities. The following is a brief survey of 12 key […]
Balancing the Accounts and Necessity of Ledger
Balancing the Accounts Whenever it is desired to balance an account, the two sides are added up, and if the totals of the two sides are unequal then the difference is put on the side having lesser total. This will make both the sides equal. The amount of the difference […]
Why Trusts Don’t Work for Asset Protection
A trust is the right to the beneficial enjoyment of property to which another person holds the legal title; a property interest held by one person (the trustee) at the request of another (the settlor) for the benefit of another (the beneficiary). Trusts have different names depending on their purpose, […]
Private Equity Financing of Renewable Energy Projects
Introduction The current interest in renewable energy has escalated greatly. Now, private equity firms are taking much interest in investing in only renewable energy projects. This is also under the backdrop of the need to acquire more energy resources by the various giants of the world. Still, the recent credit […]
