The phrase “reinventing yourself” seems to be popping up all over lately. Just a few days ago a friend asked me how he could do it without starting completely over. His concern was, “How do I move in a new career direction without sacrificing all the skills and experience I’ve […]
Accounting
Easiest Business Loan to Get: What Factors Are Important When Looking for a Financing Solution?
Every type of business requires some sort of loan or line of credit for a wide range of reasons: start up capital, equipment, inventory, office rental, etc. Since every business and every owner is different and has unique circumstances, the easiest business loan to get for another owner might not […]
IFRS Versus GAAP
There are two sets of accounting rules accepted for international use: U.S. standards referred to as Generally Accepted Accounting Principles (GAAP), and international standards known as International Financial Reporting Standards (IFRS). The first is developed by the Financial Accounting Standards Board (FASB), whose power is derived form the United States […]
Merits and Demerits of Equity Finance
Equity finance means the owner, own funds and finance. Usually small scale business such as partnerships and sole proprietorships are operated by their owner trough their own finance. Joint stock companies operate on the basis of equity shares, but their management is different from share holders and investors. Merits of […]
How Do You Set Consulting Fees?
One of the most frequent questions I receive from those who are trying to start or grow their own consulting business is: “How and what do you charge clients for your consulting services?” The ways of billing clients are numerous. There are hourly rates, by-the-job fixed rates, contingency or performance […]
How to Help Someone Who is Out-of-Esteem
How do you know when someone has a less than positive self-image? Are there behaviors that signal trouble ahead? Each temperament style has their own unique indicators for when they are in- and out-of-esteem. Knowing the signals will help everyone move toward putting the esteem engine back on the right […]
What Is a Chartered Accountant?
When you need help with an audit, getting your taxes done, or any general help with your business or finances, it’s best to know what all your options are. There are many people who offer business or professional services that are willing to help you, but they might not always […]
Benefits To A Business In Using An Online Bookkeeping Service
Going from traditional to online bookkeeping has recently become an easy process for small businesses since online bookkeeping services have emerged. They are a virtual team of both bookkeepers and accountants that allow you to send your books to them so they provide monthly, quarterly or annual bookkeeping, accounting and […]
