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Business

Protecting your family property against bindings and failures

Today, most residential homeowners do not realize that they do not have a “legal status” for housing in their home. Some states have exemptions for housing and housing benefits, but very few people have not realized that they must first “proclaim” their home as their home to qualify for such benefits. Currently, the states with

Business

How Cost-Volume-Profit Analysis Helps Profit Planning

Cost-volume-benefit analysis is a method used to analyze how various marketing and operational decisions will affect profits. This planning tool analyzes the effects of changes in volume, sales mix, sales price, variable expenses, fixed expenses, and profit. CVP analysis is often called equilibrium analysis. It is a simple model that assumes that sales volume is

Business

IRS tax attorney: sounds intimidating but could end up being your best friend

IRS tax attorneys are those attorneys who specialize in the laws, regulations, and debt relief strategies related to tax fraud, evasion, and collection actions. However, these are not your only talents, and you may be able to benefit from services and expertise like these throughout each fiscal year. If yours is a small business or

Business

Components of cash flows

A typical investment will have three cash flow components: 1. Initial investment 2. Annual net cash flows 3. Terminal cash flows 1. Initial investment The initial investment is the net cash outlay in the period in which an asset is purchased. An important element of the initial investment is the gross outlay or the original

Business

Save Your Small Business: 10 Crucial Strategies To Survive Through Tough Times Or Close And Move On

If ever there was a timely business book, “Save Your Small Business: 10 Crucial Strategies for Surviving Tough Times or Closing and Moving Forward” by Ralph Warner and Bethany K. Laurence it certainly is. Touted as a roadmap for small business survival, Warner and Laurence provide simple, sensible steps that can make a big difference

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