Business Accounting 101: All You Need to Know About Double Declining Balance
Also known as the reducing balance method, a double declining balance is an accounting term that refers to how you account for the expense of an asset and…
Exploring Infinite Banking: The Concept of Borrowing From Yourself
Not many people are aware of the concept of infinite banking. Many people may have never even heard the time before, and that means they’re likely missing out…
How to Calculate Gross Profit Ratio: The Complete Formula Explained
Owning a small business isn’t easy; it can take a while before it actually starts becoming profitable. There should be an easy way to determine whether you’re actually…
Comparing 401k vs 403b: The Difference in a Nutshell
It can be difficult to know which kind of retirement savings plan to go with. Everyone you talk to may have different plans, and you’re not sure what…
Growth and Expansion: The Two Methods of Presenting Operating Cash Flow
Operating cash flow is a familiar accounting term that is related to direct business operations. The important calculations used are helpful when getting a clear outlook of the…
4 Key Differentiating Factors Between Long Term and Short Term Loans
When it comes to taking out a loan, it’s important that you know what you’re getting into. There are different kinds of loans, and knowing the differences between…
Crossing the Breakeven Point: Margin of Safety and Its Implications
If you are prepared to invest your hard-earned money in the stock market you should understand that there is an element of risk attached to your financial speculation…
Investing 101: What Are Earnings per Share and How Are They Calculated?
The world of investing is littered with terms and jargon that can be confusing and even misleading if you don’t understand what the words and numbers are supposed…
Evaluating the Performance of an Investment: What Is CAGR?
A compound annual growth rate is an important stat that helps identify the growth of your business. Without it, there is a huge blind spot to success that…
Accounting 101: What Are Intangible Assets?
In basic terms, intangible assets can’t be seen but have a long-term value for your business, and a typical example of what this represents would be the perceived…
