Category: Business
Accounting for barter transactions
The difficult economic climate in recent years has led more companies to use barter transactions, in which they exchange their products and services for other products and services. Many companies mistakenly assume that they do not need to account for these transactions. Accounting for barter transactions is required by the IRS and is essential to…
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How to become a motivational youth speaker
Do you want to influence young people to become better and more productive people by becoming a motivational youth speaker? Want to inspire our future movers and shakers to success? Being a youth motivational speaker is a very rewarding job that aims to help young people. You can feel good about your job knowing that…
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Subcontracting Ethics
Many times, business organizations are faced with the dilemma of making ethical decisions. “If a CIO says ‘I’ve never faced an ethical issue,’ they’re not living in the real world,” says Larry Ponemon, president and founder of the Ponemon Institute, an Arizona-based security and privacy research think tank. . Although business relationships are more economic…
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When NOT to do market research
Market research is an important part of a company’s decision-making process. However, there are times to do market research and times not to. When it keeps you abreast of the markets in which your company operates; helps you achieve a strategic marketing advantage; allows you to select the course of action that will achieve your…
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How to use PE, PS, and PB ratios to value a stock
In a previous article, I discussed the traditional, “textbook” approach to valuing a stock, along with a few modifications to smooth out the bumps inherent in cash flow levels. In this article, we’ll look at another common way to value a stock, using statistical multiples of a company’s financial metrics, such as earnings, net assets,…
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Sell your house privately
When you think about selling your home privately, one thing to consider is deciding where to put all of your furniture and anything else in your home. Well, this is correct, but selling a house also means getting rid of all the debris, repairing all the damage in the house, determining the price of your…
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How to finance your business in 2018
Contrary to popular belief, business plans do not generate business financing. It is true that there are many types of financing options that require a business plan, but nobody invests in a business plan. Investors need a business plan as a document that communicates ideas and information, but they invest in a company, a product…
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20 reasons to lease equipment
There are numerous benefits to leasing, an equipment financing method that has been popular for many years. It offers some unique benefits over conventional bank financing or an outright purchase, and here are 20 reasons to lease equipment. 1. Pay as you go Leasing highlights the utility value of the equipment. In other words, leasing…
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Develop Your Organization’s Power Distance Index to Attract and Retain Employees
Before moving to a foreign country or culture, it is common for the professional or executive to go through some orientation to learn how to behave and what to expect (ie the do’s and don’ts to survive). For this purpose, many organizations employ the Power Distance Index (PDI) developed by Geert Hofstede (1991) as one…
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Online MLM Lead Generation – Free Classified Ads Equals Free Leads!
Without leads, your network marketing business will grind to a halt. Sure, you can go online and buy leads by the hundreds, but you’re also going to spend an arm and a leg too. Network marketers who can create endless leads for free have a real advantage over those who are still building lists of…
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