Poker and the Stock Market

Jack Prot

I was out of town this weekend in Southern NJ, Atlantic City to be exact. After finishing my business at the convention center, I traveled back to the newest casino, the Borgata where I was staying for the night. I don’t consider myself a gambler and have never enjoyed losing […]

The Importance of Proper Sales Techniques

Jack Prot

The success of any business can be directly related to the quality of its staff and the ability to meet any consumer demand. When your business struggles in this regard it helps to identify the areas of inconsistency which can result in the loss of consumers due to employee negligence. […]

Matching Principle in Accounts Receivable

Jack Prot

Matching principle is the foundation of accrual accounting and revenue recognition. According to the principle all expenses incurred in generating the revenue must be deducted from the revenue earned in the same period. This principle allows better evaluation of actual profitability and performance and reduces mismatch between when cost is […]

How to Become a Silent Partner in Real Estate Investment

Jack Prot

Silent partners are those people who have money but do not have time in terms of running a business. They invest capital in a particular venture without participating in the daily operations. Usually, silent partners lack industry expertise, leadership skills, and time to manage the real estate business of apartment […]

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