For sole proprietorships, however, this approach can be a more difficult means of evaluation. If any assets belong to or are in the name of the sole proprietor, separating the value of business assets from their personal assets. For example, if a sole proprietor is ready to sell an IT company, prospective buyers of the… Read More

The main difference is that with prepaid phones, payment for service is made before use. As calls and texts are made, and as data is used, deductions are made against the prepaid balance amount until no funds remain (at which time services stop functioning). A user may avoid interruptions in service by making payments to… Read More

There are some circumstances for which it is better to hire a full-time professional to assess your finances, whether that’s a bookkeeper or an accountant. If your taxes are complex and include managing multiple income streams or foreign investments, it’s best to hire an accountant who can keep you up-to-date. It’s also advisable to hire… Read More

Access and download collection of free Templates to help power your productivity and performance. As mentioned in an earlier section, accounts payable (A/P) can alternatively be projected using a percentage of revenue. But the reason some companies can extend their payables dpo formula whereas others cannot is tied to the concept of buyer power, as… Read More

You’ll also have a clear picture of your business financial state. Depending upon the size and complexity of your e-commerce business, you might choose to do periodic inventory annually, quarterly, or monthly. While the method you use is up to you, they all exist to ensure that the final cost figure is correct by tracking… Read More

And that’s part what we will be looking forward to discussing with you in our upcoming enterprise business review, focusing what is going to be the growth profile in the second half of the decade. We routinely, almost weekly meet on new opportunities that may complement our existing portfolio or our future pipeline in both… Read More

Examples include Chinese 年 “year”, originally 秂, an ideographic compound of a person carrying a bundle of wheat denoting “harvest”. Even if you (a taxable entity) were not in existence for the entire year, a tax return is required for the time you were in existence. Requirements for filing the return and figuring the tax… Read More