A healthy business will always have a timely turnaround of accounts and a steady cash flow. The accounts receivable area of any company is arguably the hub of the ongoing operations. Getting customers to pay on time may not always go as smoothly as you would expect. There are various techniques available to ensure prompt … Read more
Here is a checklist of different types of income, as specifically applicable to the category of taxpayer known as Investors. The other categories – Employees, Small Business Owners & the Self-Employed and Retirees – will be discussed in future articles. Keep in mind, however, that any one taxpayer may fall in more than one of … Read more
ERP or Enterprise Resource Planning is a software solution that supports and supervises all business processes. In other words, ERP is a basic need for every business enterprise. While in large enterprises and corporate houses, implementing an ERP system is a costly and time-consuming affair, the scenario with small and mid-size companies is completely different. … Read more
Alternative investment involves investment in assets other than the traditional products of stocks, bonds or cash. These assets include the likes of art, antiques, wine, coins or rare stamps – in other words, rare items. Financial assets like commodities, private equity, hedge funds and financial derivatives are also accommodated in alternative investment. Due to the … Read more
For many opening a dollar store is a fun filled adventure. They see so many things they like about the business that they forget there is a business side as well. Sure they handle the ordering and daily sales, because seeking out the next new dollar store merchandise bargains and chatting with customers is fun … Read more