News Business

Business has no time for long or fuzzy words. Effective business correspondence is built on tight writing which depends on few, but hard-hitting words. Every word must convey a precise meaning that is understood in the same way by writer and reader. Use your thesaurus to replace long words with […]

Standard setting for financial reporting has been constantly changing and adapting to account for the new challenges and changes posed today by doing business in a fasted paced economy trending towards Globalization. Standards in America trace their history back to the American Institute of Certified Public Accountants (AICPA) which was […]

‘In the 1990s managers will be judged on their ability to identify, cultivate, and exploit the core competencies that make growth possible – indeed, they’ll have to rethink the concept of the corporation it self.’ C K Prahalad and G Hamel 1990 Organizations do not exist in vacuum. They operate […]

‘In the 1990s managers will be judged on their ability to identify, cultivate, and exploit the core competencies that make growth possible – indeed, they’ll have to rethink the concept of the corporation it self.’ C K Prahalad and G Hamel 1990 Organizations do not exist in vacuum. They operate […]

How to survive tough economic times without laying off employees. As a business owner or manager, during the last 18 months you have been faced with shrinking profit margins and fewer customers lining up to purchase your once thought to be “hot products or services.” The question of how to […]

Below is a conversation between Brad Stillahn and Dr. Lisa Lang on Throughput Accounting. A number of their clients are highly custom job shops who frequently exclaim “We lost money on that job!”. Brad: You give a lot of speeches to business owners. Tell me again, what drives you nuts? […]

When starting your own small business one of the most important aspects to think about is the accounting process and how you choose to account all of your financial information. It is important to understand that the accounting of your business’s financial information needs to be accurate or else your […]

Is it that the approaching tax season is giving you chill in your spine? It is an obvious thing that you would feel the work pressure during tax season. Maintaining accounts, checking of balances and tallying totals with the finance documents are some of the important tasks that you will […]

I remember several years ago being a student in my Advertising 101 class in New York City. We were discussing unique selling propositions (“USPs”). The professor asked the class to define a USP. I, along with most of the other freshmen students, didn’t really understand the main concept back then. […]