Strong terms and conditions for your invoices are extremely important to your small business. If your bills are difficult to understand or confusing to read, it can seriously hurt your cash flow. Why? Mainly because if the customer can’t understand his bill, he won’t pay. Your client wants to be sure that he is being […]
Category: Business
How to make money investing in 401K plans in 2015-2016 and beyond
Torie, like millions of others, knows she needs to make money investing in 401k plans in 2015-2016 and beyond (she has a couple) to retire comfortably. What she also needs to know: 401k asset allocation, how to choose and manage your best 401k investment options, and the outlook for 2015 and 2016. Let’s take a […]
Loan Files – Automation through Digitization in Banks
With recent technological advances in the financial industry, banks in the United States (and the rest of the world) continue to look for tools to streamline traditionally manual processes. With administrative costs comprising such a large portion of a bank’s annual expenses, banking software systems that provide effective automation will continue to see strong growth […]
The purpose of a mission statement and why your business needs one
Whether your business is a corporation employing thousands or a startup operated out of your garage, you need a mission statement. Often times, the only difference between a profitable business and a failed one is the attention paid to understanding the purpose of the business itself: the mission. A properly crafted mission statement increases efficiency, […]
Accounting Ethics: The Importance of Ethical Practices in Business and Personal Finance
What is ethical accounting? The idea of accounting ethics deals with the moral and value-based judgments and decisions that an accountant or accounting agency faces daily in their practice. Due to the nature of their work as communicators of financial information to company managers, shareholders and the general public, as well as the accounting and […]
Establish a Chart of Accounts
A chart of accounts is a list of the accounts used by your business that are typically grouped by type and have a work item type associated with a number to keep times together in accounting programs and to make it easy to charge work items. properly and consistently. You can prepare accurate financial statements […]
Tips for Top Stock Brokers: What Benefits Do Top Online Brokers Offer to Mid-Level Traders?
Before you start looking for the best stockbroker, you should first make sure you understand the two main types of orders when buying stocks: market and limit. When a market order is placed, it will be executed immediately at the prevailing market price. For example, if you enter to buy 5 shares of Apple, the […]
How leadership can transform a school
In the field of education, we are constantly trying to figure out how to improve our underperforming schools. We’ve even created a term for people who change schools: Change Specialists. We have developed committees to investigate how we can make changes and have sent leaders to schools in hopes of finding a way to change […]
Entrepreneurial Mindset Tips: Find Out Why You Need To Invest In Yourself
One of the most important aspects of developing an entrepreneurial mindset is investing in ourselves. Most people refuse to invest in something good for themselves other than food (Americans tend to consume pizza by trucks and that’s investing in ourselves the wrong way). What we must do is really invest in ourselves, like educating ourselves […]
How to set SMART AIM GOALS
As I prepared to set my own goals for this year, I looked around to see what other people were doing. It was interesting to see the many variations of SMART goals. A SMART goal is a fantastic tool that helps you set goals that are immune to self-sabotage, fear, and procrastination. It helps you […]