In truth, this concept is not easy to grasp because it requires a paradigm shift in the way you view money. However, for those who stick with it, the rewards are nothing short of life changing. Further, it offers guarantees and is backed by some of... Read more
Companies that maintain accounts receivables are indirectly extending interest-free loans to their clients since accounts receivable is money owed without interest. If a company generates a sale to a client, it could extend terms of 30 or 60 days, m... Read more
She has been an investor, entrepreneur, and advisor for more than 25 years. In particularly challenging times, when revenue is volatile and priorities may need to be reassessed, it is important that lawmakers manage budgets effectively to mitigate f... Read more
Before you go through the entire account activity section, scan the listing quickly to assure that you do not have any returned checks or unrecognized transactions. Call your bank to resolve any discrepancies first to avoid having issues with vendor... Read more
A startup’s team members represent a significant expense in most cases. As a result, you might find yourself spending a lot of time and tedious work paying employees. Opening a business account is as elementary as opening a personal account. I... Read more
A financial institution that specializes in serving you, our customer. We’re focused on bringing you products and services that simplify your day-to-day life. For large public or private firms with annual revenues greater than $1B, our corpora... Read more
You’ll also have to consider the cost of benefits if you hire a full-time employee to do your bookkeeping. That can mean tens of thousands of dollars in insurance, paid time off, and other employee benefits you’ll have to pay for. Profess... Read more
The US SEC makes it mandatory for publicly traded companies to submit different types of SEC filings, forms include 10-K, 10-Q, S-1, S-4, see examples. If you are a serious investor or finance professional, knowing and being able to interpret the va... Read more
When you receive your funds through direct deposit, the funds are added to your account with no additional action required on your part. With a paper check, however, you must take the additional step of depositing or cashing the check. The payment c... Read more
It can fund its own expansion through its current growing operations. If a company can’t meet its current obligations with current assets, it will be forced to use it’s long-term assets, or income producing assets, to pay off its current... Read more
