Business

Dun and Bradstreet (D&B) ratings are like a good sign of approval for companies. D&B is probably the world’s best-known business reporting agency, and its ratings are coveted by companies and closely scrutinized by financial institutions and investors who want to know the financial health of any company. Dun & Bradstreet’s rating is prepared by …

Banks REQUIRE good credit to be approved, as you know. Most people only go to their bank when they need money. But the most common business bank loan, SBA loans, only account for 1.1% of all business loans (Department of Revenue 2013). The reality is that large banks are NOT the providers of most business …

Most business owners are familiar with the big three financial documents: Profit and loss statement (income) Cash flow statement (or projection, when used for budget planning) Balance sheet These statements are compiled monthly, quarterly, and annually, each providing useful information about the fiscal health of the business. The smart business owner consults these statements every …

Liabilities, do you know yours? Do you know what liabilities are? They are obligations of the company. This means that you are obligated to pay someone. The types of liabilities include security deposits, withholdings, payroll liabilities, tax liabilities, promissory notes payable, accounts payable, credit cards, etc. It is important that you are tracking the correct …

You must ignore the TV, radio, newspaper and all other TALKING HEADS analysts when it comes to investing! What actions are they talking about? – The same group as always, every day of each year – Why? Since they don’t know any better, they are sheep like the general public, repeating what every economic textbook …

Investing success, making money in stocks and accumulating wealth is everyone’s main goal. Reaching that ultimate retirement security goal requires an investment strategy that will make your money work hard for you while avoiding undue risks, setbacks, and losses. Technical analysis and fundamental analysis are the two key points for financial success, but they vary …

Refinancing is the process of replacing your current mortgage with a new loan that has been sanctioned with new terms and conditions. Generally, the new loan is offered against those properties that have already been used as collateral on your previous mortgage and may or may not exceed your current loan balance. The refinancing process …

A shelf corporation is a paper or ghost corporation that is administratively formed and then “put on a shelf” for several years until it ages. The term “shelf” or “aged” only refers to the fact that the business has already been shelved and is sitting “on a shelf” waiting to be bought. A corporation is …

VoIP is the latest advancement in audio communications technology and has a variety of different applications that make it useful. VoIP stands for Voice about internet protocol, and the way VoIP works is quite revolutionary because it streamlines the process of sending analog audio signals by converting to a much easier digital form to submit …

What is an accountant? According to the Australian Accountants Directory, they are “an accounting practitioner, which is the measurement, disclosure or provision of assurance on financial information that helps managers, investors, tax authorities and others make decisions about the allocation of resources” (“About accountantsAs you may know, different areas of the world have different professional …