If you've ever applied for a loan or credit card, chances are your lender acquired and examined a copy of your credit report before deciding whether or not to grant you credit. Your "Credit Report" is a record of your credit history and it's prepared by agencies called "Credit Bureaus", or "Consumer Reporting Agencies." These are private organizations and have no affiliation with the United States (or any) government. There are 3 major credit...more
A certified public accountant (CPA) is a professional individual who works on their own or is a part of an accounting firm. A certified public accountant (CPA) is generally in charge of monitoring and keeping track of the financial records of an individual or business. Each year millions of Americans wonder if they should hire an certified public accountant (CPA). Why hire a CPA is a question that many individuals ask themselves. There are many...more
Key points to remember in understanding what your company is worth The asset approach considers the underlying tangible assets of an enterprise individually. The sum of the fair values of each asset, after netting out the aggregate total of the company's tangible liabilities, represents the asset value of a company. This approach is most appropriate for companies with significant tangible assets, such as real estate holding companies or natural resource companies.The market comparison approach compares your company's operations and financial performance with that of: - similar publicly traded companies- recent sales transactions involving like private companies.Since you are estimating the value of your company for acquisition purposes, the merger markets will generally provide a more accurate benchmark than a comparison with publicly traded companies.The income capitalization approach (or 'discounted cash-flow model') is based on the present worth of the future economic benefits to be derived by an acquirer. This approach attempts to determine the net present value of a company's expected future earnings stream over a certain 'payback' period. Most prospective buyers...more
Perhaps you've decided to relocate. Or maybe you've outgrown your home and need to find homes for sale that will accommodate your growing family. Or perhaps your children are grown, you've made the decision to downsize, and are in the market for real estate that will better suit your needs. Or maybe you've decided to take the leap, buy some land,...more
When an individual files their tax returns each year they are able to claim a number of tax deductions. Many times a tax deduction can reduce the amount of money that is owed to the Internal Revenue Service (IRS) or it can create a larger tax refund. The most commonly used tax deduction is the standard tax deduction; however, there are number of...more
Year after year, the lack of managerial experience and aptitude has accounted for more than 90 percent of all failures.Many factors may adversely affect individual firms over which owners have little control. In such cases, the astute manager can often soften the blow or, sometimes, change adversity into an asset. Examples of factors over which the owner has little control are overall poor business conditions, relocation of highways, sudden style changes, the replacement of existing products by new ones, and local labor situations. While these factors may cause some businesses to close, they may represent opportunities for others. A local market place may decline in importance at the same time new shopping centers are developing. Sudden changes in style or the replacement of existing products may bring trouble to certain businesses but open doors for new ones. Adverse employment situations in some areas may be offset by favorable situations in others. Ingenuity in taking advantage of changing consumer desires and technological improvements will always be rewarded.In the final analysis, it is up to you. Will your management be competent? Will you be able to judge, and then satisfy,...more
The beautiful thing about being a real estate investor is that there are unlimited ways to make BIG cash all the time in any type of economy. Real Estate is one of those things that everybody needs. It is not quite water, but it is something that...more
Why do people come to your site, stay on your page and then leave without buying your product?? This is the same question that was bothering me for almost 6 months! I was selling an ebook about affiliate advertising, and I could get people to come...more
If you're like many small business owners, you log at least 50 -- possibly closer to 60 or 70 -- hours a week in the harness. You may put in a few late nights each week... spend some hours on Saturday (perhaps even Sunday) wrapping up details...tend...more
It's easy to get the right answer from your customers - just ask the right question!Elmer Wheeler was a marketing genius of the 1930s. Of course you've heard the expression: "Sell the sizzle not the steak." You may think that's so proverbial that...more
If interest rates have dropped by a percentage point or more since you got your first mortgage, refinancing could save you big bucks. And if you have enough equity so that your new mortgage is for less than 80% of your home's value, you'll be able to...more
Lower Your Taxes on the PhoneDisturbed by how much you pay in taxes?When trying to reduce their taxes, most people focus on their federal and state taxes.While that is a good idea, there is another way to stop paying many taxes- a way that has...more