Accrual vs Cash Accounting: Differences Explained
Annual financial demands grow as businesses expect more from accrual vs cash accounting. To keep up with everything, it helps to know the different terms. Accrual vs cash…
Sphere of influence: Types & their effects on society
Sphere of influence Definition The “seven domains of society” (also known as the “seven sphere of influence”) is a term that refers to the numerous aspects of life…
Tax Optimization: The Deciding Factor When Comparing C Corp vs S Corp
Tax laws can be complicated, but you need to make the right decisions when choosing your options as it could prove to be costly if you make the…
5 Winning Principles of How to Day Trade for a Living Regardless of Your Current Skill Level
There are lots of opportunities to potentially make money by buying and selling stocks on a daily basis but you might be someone who has not entered the…
Learn How to Calculate Economic Order Quantity With a Simple Formula
The cost of inventory can weigh heavily and have an adverse impact on the profitability and performance of a business, which is why economic order quantity (EOQ) is…
There Is a Difference Between Laid-off vs. Fired and This Is Why
No matter what language is used to describe you losing your job, it will always remain an uncertain and stressful time. It can be upsetting and worrying at…
Underlining Work Ethics: 8 Fundamental Skills to Develop
When it comes to employability and opening the door to as many opportunities as possible it is abundantly clear that displaying strong work ethics is one of the…
3 Ways Knowing Your Contingent Liabilities Will Help You Become a Better Investor
Contingent liabilities are unfavorable possibilities that can occur in a company in the future. They’re not guaranteed to happen but, they could. Some of the more common liabilities…
The Top 10 List: Who Is the World’s Youngest Billionaire?
The billionaire list keeps growing, with each year introducing new and fresh faces. It’s so competitive, that the youngest billionaire in the world changes monthly. Building up to…
Getting a Grip on Your Finances Starts with Knowing Your Assets and Liabilities
As a business owner, there are several terms that should be in your vocabulary. Assets and liabilities rank near the top, and will often appear together. To improve…