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There are two sets of accepted accounting rules for international use: the American standards called Generally Accepted Accounting Principles (GAAP) and the international standards known as International Financial Reporting Standards (IFRS). The first is developed by the Financial Accounting Standards Board (FASB), whose power is derived from the United States Securities and Exchange Commission (SEC). The second is developed by
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Part V of V The statement of cash flows This is the most critical part of business planning. More companies have gone bankrupt because of inadequate funds to meet their commitments than because of inadequate profits. The simple explanation of a month-over-month cash flow statement is that it records planned cash receipts, minus planned cash payments drawn from the working
Read MoreWater So Rough in Cabo Despite the beauty of the area, the waters of Cabo are dangerous to swim in. The shoreline slopes dramatically, and bathers need to be prepared to plunge into water several feet deep. They should also keep their children off the water, since the sudden drop-off makes waves grow large and crash fiercely. Fortunately, lifeguards are
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The use of the words Venture Capital and Private Equity are generally used together, however, there is only one category of Private Equity, and that is Venture Capital. Private Equity has different risks. For example, some businesses will go through growth changes over time and this typically requires capital in several different amounts. This capital also comes from multiple sources.
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The insurance industry is full of opportunities and risks. That is why it is advisable to enlist the help of an insurance broker before insuring your business. Insurance brokers are also known as professional brokers or agents. It is always important to understand the rules of the insurance policy to get the most out of it. If you're insuring something
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If you form a limited liability company (LLC) from your business, this is a great way to protect your personal assets from your company's liabilities. Incorporation protects your property, if a judgment is entered against your business. Also, forming an LLC gives you an advantage, as your company is not responsible for the taxation of its profits. An LLC owner
Read More10 Year Visa in UAE Who qualifies for a 10 year visa in UAE? This visa program is open to residents of the UAE who have high academic achievements and influence. For example, researchers can apply for residency in the UAE if they have a PhD or master's degree from one of the world's best universities. Besides the specialized talent
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In the world of online business, email list building is the process of building a database of the email addresses of people who are interested in your business and willing to consider buying from you. So how do you build a customer list? Here are 5 easy steps to follow. 1. Start with an email autoresponder. You need reliable autoresponder
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ACNtv (America's Collectible Network) is a retailer of loose gemstones and an online auctioneer of jewelry and gemstones. It is also an interactive television company and was purchased by OpenTV, which is one of the world's leading enablers of interactive television experiences. They provide the technology, content and service that drive interactive television programs around the world today. As of
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In fact, business feasibility analysis is a boring subject. But this is also the most critical component of your business and marketing plans that provides guidance on the potential market environment, market demand and supply, and to some extent guides your potential market direction decisions. Please note that financial modeling is beyond the scope of this article. I have segregated
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