Utilizing purchase discounts is a recipe for success in any economy. Mixing a scoop of “good business practices,” a pinch of “strengthening supplier relations,” and a dollop of “profits” creates a dish that is sure to fatten your bottom line. If your company is not doing so already, paying supplier […]
Accounting
Buying a Business With Its Own Cash – And Not a Penny of Your Own
After reading this article, you will be ready to start applying your knowledge and reach your American Dream of owning a business. This comes with a serious effort on your part; however, by reading this article, I assume you’ve decided to take this long journey and start making a change […]
Un-Stick Your Real Estate Development Project
As the 2008 recession continues to take a toll on the US economy, numerous commercial and residential real estate development projects are stuck in a holding pattern. Investors are unwilling to invest, and lenders are unwilling and/or unable to lend. Business owners find it extremely difficult to obtain financing that […]
The Gift Tax – Give Until it Hurts – And it Will
It’s bad enough that the Federal government has the audacity to tax your family at 55 percent on the assets that you leave them when you die (assets that you have already paid income tax and capital gains tax on during your lifetime). You’d think that taking 80 percent of […]
ACCA – DipIFR (Diploma in International Financial Reporting)
Association of Certified Chartered is the largest international accounting organization with over 320,000 members in 160 countries. To date, ACCA is the only organization of professional accountants, which could develop and offer such qualification, taking into account (among other things) growing influence of economic globalization and growing trend of spread […]
Advantages and Disadvantages of Trades Receivables
Advantages of trade receivables 1. Trade receivables are not counted in the balance sheet because they are not replaced by their cash equivalent, and this improves the financial statement of the originator. 2. There is no need for the originator to wait for payments to be received from the receivables. […]
Importance of Pahani
Pahani is one of the most important revenue records maintained by the Revenue Department for agricultural lands. Pahani is a revenue record that contains all the details of a land. It contains some valuable data related to the particular piece of land such as: Details of the owner like owner’s […]
Five Tips to Increase Your Loan Eligibility in 2018
What is Loan Eligibility? Generally, unsecured/personal loan is taken by the lender to meet their financial crisis and demands. This kind of loan amount can be used for fulfilling their personal requirements apart from home or vehicle loan. All the borrower are expected to meet certain credit factor and fulfil […]