Business

S-Corp versus C-Corp business entities

Most entrepreneurs prefer the protection of a corporation rather than a sole proprietorship or partnership. Corporations are a good option because your personal assets are protected against any liability incurred by your business. The two types of corporations that you can choose as a business entity are C-Corp or S-Corp. You would go for an…

Business

Tips to improve communication skills

Tips for effective communication: – For any effective communication, the following factors should be considered: • It is important to make a valuable contribution to the conversation, so be clear about the purpose and objective of the conversation. • Develop effective non-verbal communication skills. The correct smile, eye contact, posture, and handshakes create a positive…

Business

My hometown

What constitutes the ideal hometown? Forbes.com recently published an article that listed the top cities of origin in the United States and the characteristics that were important to their residents. It is interesting to see the different qualities that people consider important in a city. Little Rock, Arkansas: Apparently, the cultural scene in Little Rock…

Business

Buy investment properties on a budget through crowdfunding

What is Crowdfunding? If you are tired of low returns on certificates of deposit, savings savings plan, and other equity investments, check out Crowdfunding for double-digit returns. Crowdfunding is gaining popularity as an investment strategy for many investors. It is a unique process to raise capital through family and friends, potential clients and individual investors…

Business

How to Run Your Own Amazon Business from Home

The Internet has given new entrepreneurs the ability to start their businesses more easily, but it can still be difficult to achieve a strong position. Although there are a large number of retail websites online, some major brands continue to dominate, as does mainstream retail. At the moment, Amazon is the biggest online retailer of…

Business

What Makes Your Property Non-Mortgage?

In this guide we cover all the pitfalls that can result in your property becoming non-mortgage. Sellers make innocent mistakes without knowing that their home cannot be mortgaged. So what makes a property non-mortgage? Properties that have been neglected for years as they may not be suitable for human habitation. People can find themselves in…

Business

Financial accounting for construction contracts

A contract is a large job that takes a considerable amount of time to complete and comprises activities that must be performed outside of the factory’s promises, viz. construction of a dam or school building, laying of railways, etc. Since each contract involves considerable resources both in terms of men and materials, it is necessary…

Business

Understanding financial equilibrium analysis

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…