A challenging part of accounting can be bank reconciliation. For some accountants, accolades are fun, for others, it’s nothing more than a tedious bore. However we look at it, it is an accounting function that needs to be done. Checks that are processed late can bounce, if not enough provision has been made for it on the company’s books. But […]
Conducting Due Diligence When Buying a Liquor Store
The due diligence process goes far beyond a simple evaluation of the financial statements presented. You need to be able to access all files and records, review information, and research staff as they review what they tell you. It is recommended that you allow at least four weeks for this process and do not be tempted to rush into judgment. […]
Your wife left you, but you want her back: use reverse psychology to get your wife back
Did you wake up one day to find out that your wife left you? Decided you wanted her back but not sure what to do? If your wife left you but you want her back, it may seem like an impossible situation. After all, how do you get someone to love you again when they don’t even want to live […]
Credit Repair Services 101: Red Flags To Watch Out For, Your Rights, And How To Choose A Legitimate Company
According to the “Credit Repair Organization Act”, it is illegal for credit repair providers to lie about what they will be able to do for you and try to make you pay before they have performed any services. These are red flags to look out for when comparing credit repair service offers. There is the “DIY” approach, but it can […]
Mortgage Loan: Receivable
The management of accounts receivable is essential in the cash flow of any company, since it is the amount expected to be received from customers for the products or services provided (net realizable value). Accounts receivable are classified as current and non-current assets. These transactions are recorded on the balance sheet. Current accounts receivable are cash and other assets that […]
What are the general expenses of your home?
The first question I ask any business owner is, “What is your overall cost?” Most business owners know this answer. If you ask someone on the street about your household overhead, you would get a blank face expression. What are the general expenses of your home? The term “overhead” is used quite a bit in business. Overhead costs are the […]
Using Article Marketing to Get Your Message Out to People
Article marketing is one way to drive traffic to your website. If all goes well, it will not only make you visit, but also buy something! That’s the whole point of doing it anyway. It’s a simple way to get your articles published and listed on the major search engines, and it’s ridiculously easy to do. The first step: write […]
Confidential Cash Flow Factoring: Make Accounts Receivable Your Best AR Financial Strategy
We are going to demonstrate how a little known, and in our opinion, a near-secret strategy called confidential cash flow factoring can turn your accounts receivable into a cash flow virtual machine, turning AR financial hurdles into cash flow solutions! of cash! Search engine analysis will show you that thousands of Canadian businesses search every day for what they hopefully […]
Three Reasons You Need a Book Marketing Plan
A book marketing plan is a critical component to your success as a published author. However, many authors tend to skimp on taking the time to put one together. On the one hand, they may feel that putting together a marketing plan for your book is time consuming. However, they may just find the process too confusing. In this article, […]
Foreclosures and your income tax
Considered sale When you lose your home to foreclosure, or the property is returned to the lender (Deed in Lieu of Foreclosure), a presumed sale or trade has been made under Section ยง1001 (a) of the Internal Revenue Code. This sale or exchange of property could result in a tax gain or loss, and the recognition of income from cancellation […]