Accounting

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 […]

Owners and managers of small businesses frequently fail to adequately address legal issues. This failure may stem from being busy with other matters, unaware of or insensitive to legal concerns, or reluctant to spend the money to hire an attorney. Unfortunately, such businesses may end up incurring substantial expenses or […]

Today’s Mortgage Rates: (Texas) 30-Year Fixed Rate 6.375% 6.606% 20-Year Fixed Rate 6.375% 6.680% 15-Year Fixed Rate 5.875% 6.252% 5-Year ARM Rate 5.750% 5.740% Texas Jumbo Home Loans – Amounts that exceed conforming loan limits $417,000. Remember a jumbo mortgage loan is a home loan that exceeds $417,000. Usually, if […]

Price Earning (P/E) Ratio is the most widely used ratio in investing. Searching the term ‘P/E ratio’ into Google will yield 2.3 million results. Quite simply, P/E ratio is the ratio of Stock price divided by its Earning per Share (EPS). If a company A is trading at $ 10 […]

The Net Asset Value (or “NAV”) of a company is the residual interest in its assets are all its liabilities have been deducted. In other words, the NAV is the company’s equity and is viewed as a buffer against which the company’s market cap should rarely drop below. “NAV” or […]

The fact that you are vetting this article may imply that you are searching for better wealth creation system in generating residual income. Like yourself before, many have asked why some people are wealthy and others are not. It is shocked to know that the belief or the subconscious mind […]

Managing receivables is fundamental in every firm’s cash flow as it is the amount expected to be received from customers for products or services provided (net realizable value). Receivables are classified as current or noncurrent assets. These transactions are recorded on the balance sheet. Current receivables are cash and other […]

Financial freedom – a mere and simple 2 words and yet a complete statement in itself. A vision dreamt by most yet achieved by few. Many people believe that there is a secret mantra or that you need to possess something godly and unique to achieve the same. The question […]