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Suggest You - Running a Business? Why You Need to Know About Accountancy
Projects Cost More As Interest Rate Rises
The last time Inflation was above 4% interest rates were 11%, Terry Waite had just been released and it was the 17th of November 1991. In business terms many lifetimes ago. Whether the Bank of England will raise interest rates to 11% to achieve Gordon Brown’s mandate I will leave to the Money markets to speculate. It is unlikely that interest rates and hence the cost of capital will return the “lowest rates in 30 years” within the next two years.Within the context of Business’ implementing projects how should they respond to the changing e
ell formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else The last time Inflation was above 4% interest rates were 11%, Terry Waite had just been released and it was the 17th of November 1991. In business terms many lifetimes ago. Whether the Bank of England will raise interest rates to 11% to achieve Gordon Brown’s mandate I will leave to the Money markets to speculate. It is unlikely that interest rates and hence the cost of capital will return the “lowest rates in 30 years” within the next two years.Within the context of Business’ implementing projects how should they respond to the changing e
Corporate Gift Giving - Part II - The Do's
Part I of this article covered what to avoid when giving a business gift. If you missed it, I suggest you go back and take the time to read it.Now onto Part II: Giving corporate or business gifts can help you stay in touch with prospects and clients. It can also help you show appreciation for someone's business, establish new relationships, mend relationships, obtain referrals and build customer loyalty. Follow the guidelines below to ensure that your business gifts are effective:
When you first envisaged working for yourself, it's pretty unlikely (unless you're an accountant) that this vision included late nights compiling end of period financials. Or sitting hunched over a part-completed profit and loss statement with furrowed brows. Part I of this article covered what to avoid when giving a business gift. If you missed it, I suggest you go back and take the time to read it.Now onto Part II: Giving corporate or business gifts can help you stay in touch with prospects and clients. It can also help you show appreciation for someone's business, establish new relationships, mend relationships, obtain referrals and build customer loyalty. Follow the guidelines below to ensure that your business gifts are effective:
There's no doubt accountancy, for most, is not the most glamorous part of the job. But it is essential to making well formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else f
South Korean Business - An Introduction To Business In Seoul
Seoul, as the capital city of South Korea, is a growing and strong economic area, and now one of the main trading posts in Asia. Korean people have a very traditional business culture and practices and understanding the Korean culture is thus very important if you wish to succeed in business in Korea. Understanding the Korean way of doing things is essential. This article aims to throw light on the Korean business market, Korean business strategies, Korean business trends and Korean business culture.Korean business is well known for its ve
that this vision included late nights compiling end of period financials. Or sitting hunched over a part-completed profit and loss statement with furrowed brows. Seoul, as the capital city of South Korea, is a growing and strong economic area, and now one of the main trading posts in Asia. Korean people have a very traditional business culture and practices and understanding the Korean culture is thus very important if you wish to succeed in business in Korea. Understanding the Korean way of doing things is essential. This article aims to throw light on the Korean business market, Korean business strategies, Korean business trends and Korean business culture.Korean business is well known for its ve
There's no doubt accountancy, for most, is not the most glamorous part of the job. But it is essential to making well formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else
Advance Fee Fraud, Does it Take a Fool?
International Scams and the new MethodologySo you've heard about the Nigeria 419 scam, and about the Russian and Philippine brides-to-be scamming American and European men out of thousands. You're street smart, and you're not going to fall for some foolish game. You won't be sending money off to Africa. You wonder, how can anyone be so foolish, to send thousands of dollars off to Ghana, Nigeria, Russia, the Philippines, Colombia or South Africa, to someone they've never even met? All you need is a little common sense, you say. But,
r a part-completed profit and loss statement with furrowed brows. International Scams and the new MethodologySo you've heard about the Nigeria 419 scam, and about the Russian and Philippine brides-to-be scamming American and European men out of thousands. You're street smart, and you're not going to fall for some foolish game. You won't be sending money off to Africa. You wonder, how can anyone be so foolish, to send thousands of dollars off to Ghana, Nigeria, Russia, the Philippines, Colombia or South Africa, to someone they've never even met? All you need is a little common sense, you say. But,
There's no doubt accountancy, for most, is not the most glamorous part of the job. But it is essential to making well formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else
Giving A Business Gift To Employees And Customers
You might be new in this company and what is being practiced in your previous company might not be applicable to the present company. It has been a practice to present corporate gifts to almost everyone that has to do with the company; here are some that you should consider on giving a gift, partners, employees, customers and associates.When thinking about the corporate gifts make sure that it is in the corporate budget and use it as a business expense to show appreciation for the hard work of the employees and key customers. There are so
accountancy, for most, is not the most glamorous part of the job. But it is essential to making well formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else You might be new in this company and what is being practiced in your previous company might not be applicable to the present company. It has been a practice to present corporate gifts to almost everyone that has to do with the company; here are some that you should consider on giving a gift, partners, employees, customers and associates.When thinking about the corporate gifts make sure that it is in the corporate budget and use it as a business expense to show appreciation for the hard work of the employees and key customers. There are so
ISO 9000 Procedures
The basic ISO 9000 procedures include document control procedure, records procedure, internal audit procedure, control of non-conformance procedure, corrective action procedure, and preventive action procedure. Documentation is a basis upon which an ISO-compliant quality system is constructed. An unauthorized change in any information makes problems. Your mandatory document control procedure must define how you approve documents, update and re-approve amended documents, prevent the inadvertent use of obsolete documents, and ensure that documents
ell formed business decisions, weak accounting is a fatal flaw, and if you remember nothing else from this article, remember this, your company's finances are YOUR responsibility not your accountant's!The basic ISO 9000 procedures include document control procedure, records procedure, internal audit procedure, control of non-conformance procedure, corrective action procedure, and preventive action procedure. Documentation is a basis upon which an ISO-compliant quality system is constructed. An unauthorized change in any information makes problems. Your mandatory document control procedure must define how you approve documents, update and re-approve amended documents, prevent the inadvertent use of obsolete documents, and ensure that documents
Liability for decisions rests ultimately with you as the business manager. Not with your accountant. But even with the best accountant in the world, if you haven't taken the time to understand the function of the accountant and the accounts, you can't expect to make well informe
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