Nature of Reserves-Funds or Provisions

The amount saved is reserved for any of the following five purposes: (a) to meet future liabilities or losses; (b) to strengthen the financial position of the company; (c) for the fulfillment of a specific purpose; (d) to amortize a liability; (e) to replace a wasted asset. (f) There are two ways to reduce the amount available to distribute as […]

Public Speaking Confidence: How You Can Benefit From It

There are many benefits to speaking with confidence. Most people possess the qualities necessary to become a confident speaker. Speaking with confidence is about uniting voice, creativity, enthusiasm, knowledge and practice. Many people have benefited from gaining confidence by speaking in public in various ways. To overcome shyness and shyness You may not suffer from this, but there are many […]

What is accounts receivable financing based on?

Accounts receivable financing is a type of financing arrangement between two companies in which one company sells or lends its outstanding invoices to another company to receive advance payments on its overdue invoices. In this arrangement, the financing company delivers an amount equal to the reduced value of the unpaid invoices or accounts receivable, in exchange for a fee. Business-to-business […]

Budgeting at 20: How to Get Started

If you are 20 years old, this is the right time when you can set an ideal scenario for your life. To prepare for a bright future, you need to make the right financial decision and enjoy your life smoothly. To ensure a stress-free retirement, you need to start developing strong financial habits that include budgeting in your 20s. Here […]

Increased return on your training investment

Savvy leaders and organizations recognize that training is a valuable tool for personal and professional development, and therefore they set some type of annual training budget. Almost everyone I’ve talked to has had excellent training (hopefully!) And training that, well, it wasn’t that great. In a perfect world, we could connect the best training experiences with the best workplace application. […]

How to start getting business credit

A supplier line of credit is when a company (supplier) extends a line of credit to its business in terms of “15, 30, 60 or 90 days net”. This means that you can purchase your products or services up to a maximum dollar amount and you have 15, 30, 60 or 90 days to pay the invoice in full. So […]

The Groupon business model

The online business model first implemented by Groupon is a lucrative platform for online advertising companies. To date, more than 500 companies have been structured on the Groupon model, and many small businesses will benefit from their participation. The partnership between the host site, or similar to Groupon, and local small businesses is at the heart of this business model. […]