Finance
More Credit Failures, Is The Recession Winning?
Another sign that the recession isn’t ready to give up yet. Credit card delinquencies are on the rise. A credit card account is considered to be delinquent if it has not been paid for at least 3 months.
Since credit cards are one of the major profit centers for banks, an increase in delinquent accounts cannot [...]
Everyone Else Is Bankrupt, Join In
With the world seemingly going bankrupt we took a look yesterday at the mechanics of bankruptcy.
Today it seems like declaring bankruptcy is the in thing. All the cool kids are doing it so maybe you should be too. With all the cool companies going bankrupt it seems that the world may be slowly grinding to [...]
Bankruptcy Explained
With so much talk about major companies declaring bankruptcy lately I decided it was time for me to learn a little more about bankruptcy and discover how it might affect me. During my research I discovered just how much I didn’t know and this article was born.
Bankruptcy has a long and interesting history dating back [...]
Steps To Business Success – Record Keeping
Ah, one of the worst jobs in a business. Unless of course you are an accountant. Record keeping is one of the most important parts of running a business and yet I myself put it off all the time. As a matter of fact I actually have at least 5 receipts sitting in front of [...]
Where Does Money Come From?
Money. What a wonderful word in all its forms. Cash, Moo-la, Income, all of these words represent the ultimate to a business. If you have money you are successful, if you don’t you fail. It seems so very simple, but where does that money you earn and spend actually come from?
Sales
As a business the most [...]
