Accounting

The state of economy has suddenly pushed people into obtaining debts just to keep up with their daily expenses. Unfortunately, the market still hasn’t recovered, making it harder for people to make ends meet while at the same time paying off their obligations to the bank. The good news is […]

In the recent case, Reed v Reed, the Michigan Appellate Court made a decision that strengthened the enforceability of prenuptial agreements especially in long-term marriages. Before Reed, there were five basic factors to determine whether a prenuptial agreement is enforceable: Was the agreement obtained through fraud, duress or mistake? Was […]

Disclaimer I am not an agent or connected to this entity. The information provided below is independent as based on my research and experience. Whilst I have taken steps to ensure the accuracy of the information presented here, there can be no guarantee that it will remain accurate. Basic information […]

When is the right time to consider VC or Private Equity for your enterprise? Initially every entrepreneur needs to first see if they have exhausted all other options first. Typically, a company would be low on equity when considering private investors. There are however multiple sources of equity capital, including, […]

Companies running fleet do not always recognise the benefits of a vehicle tracking system, often erroneously viewing GPS vehicle tracking technology as either being an expensive toy, not relevant to their business, or too complicated to understand! During times of a severe economic downturn, the urgent priorities of aggressively keeping […]

In this depressed economy, every dollar you earn and every asset you own is at risk. Vultures in the form of creditors and litigators are salivating at the thought of a successful individual who has his assets unprotected. If you are making money, you currently have a bull’s eye on […]

Seniors, 65 years or older, who own their home may be able to get the equity out of their residence without selling it. Home Equity Conversion Mortgages, or HECM, allows you to tap into what your home is worth and still be able to live in the residence. There are […]

In this article, we’ll use the information described in our analysis of the income statement, balance sheet, and cash flow statement to list out 10 “red flags” to look for. These red flags can indicate that a company may not present an attractive investment based on the three main pillars: […]