Featured Articles
Manipulating Earnings
Manipulating earnings has become a consistent problem among various companies trying to improve their financial status. This might also become quite a problem among traders trying to look for the best companies out there. And since quite a lot of companies may be guilty of bending the rules when it comes to earnings and revenues now and then, this has remained a challenge among investors to seek o... [Read More]
Essential Business Cash Flow Rules
Cash flow is important for the business to prosper and grow. Cash is, after all the lifeblood of every business. Positive cash flows result in a good and healthy company. Negative cash flow results in a company not doing well as expected. Determining where a business belongs depends on how the owners try to follow the basic cash flow rules to heart. Here are just some of them. Cash RulesThis is th... [Read More]
How to Make Cash Flow Projections
Preparing cash flow projections is important for every business. It can help provide the roadmap for businesses in terms of how the business can be run based on a forecast of cash flow expected in the coming months or years. In essence, cash flow projections is the determination of a company's financial liquidity over a specified period of time. Making an accurate cash flow projection is as essent... [Read More]
How to Assemble a Board of Directors
In simple terms, a board of directors is a body of appointed individuals who oversees the operation and activities of an organization or a company. The board usually exercises a higher level of authority that allows them to make important decisions for the good of the organization. For a business organization planning to set up a board of directors for a growing company, here are some things to co... [Read More]
Business Survival During the Recession
An economic recession can really be an unfortunate event for all types of businesses. There might be some businesses that may actually enjoy growth during such dire circumstances, but they remain to be a rare breed. Most of the business during an economic recession may face the risk going in the red and might be doing what they can in order to survive and weather out the current economic slump. He... [Read More]
The Good and The Bad About Incorporation
Incorporation is the process of forming a new corporation, be it a business, a non-profit organization or even a city or town government. The main advantage of incorporation is that it can help protect a business owner's personal property from being considered for legal liability claims. There are generally three ways in incorporating a business. Each one has their own advantages and disadvantages... [Read More]
The Madoff Ponzi Scheme
Ponzi schemes are types of fraudulent investment schemes that usually affect the more gullible investor types out for big profits. It seems that the more calculating and savvier investors are the last ones to fall for such schemes. But just recently, Wall Street has been found to be victimized by a large scale form of Ponzi scheme. Some of its victims include many banks from all over the world as ... [Read More]
It is a Business or Hobby?
The Internal Revenue Service (IRS) reminds every taxpayer to follow certain guidelines when identifying whether an activity is a business or a hobby. Taxpayers must be educated about their filing obligations as it has implications for deductions. This article presents the IRS guidelines for determining whether an activity passes for a business and what restrictions apply if it qualifies as a hobby... [Read More]
Deciding How to Structure Your Business
When you start a business, it's imperative that you decide what type of business structure you're establishing. It can be sole proprietorship, partnership, corporation, or S corporation. In the United States, a Limited Liability Company (LLC) is a relatively new type of business entity allowed by state statute. Tax and legal considerations enter into the scene when you select a business structure.... [Read More]
Selling a Business
There are times when business owners need to contemplate selling their business. It can be for a variety of reasons. But for one thing, selling a business may depend on how attractive it is and how readily the change of ownership may go through without the accompanying hassles. Here are some tips that would help business owners prepare and help seal the deal faster. Keep Everything CurrentPotentia... [Read More]