It’s no secret that our society values wealth and success. Just turn on the TV or open up any magazine, and you’ll be bombarded with messages telling you that you need to make more money, buy more things, and constantly strive for a bigger and better life. But is this the key to happiness, or… Continue reading Is There Such a Thing as “Enough” Money?
Category: Finance
A Practical Guide to Risk Management – Book Review
A Practical Guide to Risk Management by Thomas Coleman is an excellent book for understanding risk and how to manage it in a financial organization. The book discusses probability, statistics, and risk measurement techniques. It also provides insights into managing people, processes, data, and other aspects of risk management. It’s no secret that the financial… Continue reading A Practical Guide to Risk Management – Book Review
What’s the difference between financial aid ineligibility and suspension?
What is financial aid ineligibility and suspension? Financial aid ineligibility and suspension is when a student loses access to specific federal funding or other financial support due to a violation of specific program-specific rules or regulations. This may occur for various reasons, such as failing to meet academic performance requirements, writing bad checks, or engaging… Continue reading What’s the difference between financial aid ineligibility and suspension?
The Art of M&A – A Quick Book Review
As a buyer and seller, I’ve been in the private equity/M&A arena for the last 20 years. Many books attempt to cover elements of the process – from target acquisition to diligence completion. This book is one of the few that I keep at my desk for reference. Biblical in size and scope, you… Continue reading The Art of M&A – A Quick Book Review
What Every Entrepreneur Needs to Know About Accounting – Investing and Financing Activities
As a business owner, you need to know the different accounting activities under investing and financing. These activities include secured transactions, loans, and equity investments. Keep reading to learn more about these essential concepts and how they can impact your business. Investing Activities Investing activities are those that involve the use of a company’s cash… Continue reading What Every Entrepreneur Needs to Know About Accounting – Investing and Financing Activities
Depreciation – Critical Elements You Need To Know
The idea of depreciation is a strange one to grasp. It’s an expense you don’t see but plays into your business. Like the plot twists in Lost, this unknown factor can be frustrating and make no sense until we understand its purpose! As a business owner, it’s essential to have a basic understanding of accounting… Continue reading Depreciation – Critical Elements You Need To Know
Prepaid Expenses – Critical Things You Need To Know
The price you’ll pay for business growth lags behind the effect of cash flow. Managers and investors need to understand that increasing sales without expanding their accounts receivable isn’t a realistic scenario for revenue growth. In the real world, enjoying increased earnings without incurring additional costs is impossible. What are prepaid expenses, and why are… Continue reading Prepaid Expenses – Critical Things You Need To Know
Accounts Receivable Management – Critical Things You Need To Know
Accounts Receivable Management One of the more complicated accounting items is accounts receivable; in most businesses, these make up a large portion of assets. In other words, they cause cash flow delays in a business through the delayed payment of sales and expenses. As an example for calculating them, imagine that your company offers 30-day… Continue reading Accounts Receivable Management – Critical Things You Need To Know
4 Green Investing Tips
Green Investing Helps The Environment The environmental future of our planet is uncertain. To better understand, some investors are interested in “Green Investing” – looking for ways to invest in environmentally friendly companies and help them grow more rapidly than their competitors who do not focus on the environment as much. Investing money into these… Continue reading 4 Green Investing Tips
What’s A Balance Sheet?
Although cash flows and income statements are different, they have unique qualities. The income statement reports profits in quantifiable terms while categorizing them under three headings: revenues, expenses, and earnings per share (EPS). On the other hand, the statement of cash flows provides a more detailed overview of how changes in liquidity affect your company’s… Continue reading What’s A Balance Sheet?