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Finance

Finance

August 14, 2019

A tax audit, as the name suggests, is an audit by the IRS to double-check your numbers. Typically, it is just to ensure that your return does not have any discrepancies. But the sheer idea of the involvement of the IRS can give you jitters. However, you need not fear if you are telling the truth. A tax audit does not always mean that something is wrong. It could even be caused due to manual errors. On the other hand, it can have serious implications for those who are cheating the authorities. Before understanding how to deal with the situation, you need to know why it arose in the first place. Here are some reasons why the IRS could audit you. … Read More »

Business

August 13, 2019

Small business owners will be familiar with the constant juggling they do every day. They’re managing several things at once, trying to stick to deadlines and generate income. On top of this they are dealing with human emotions, employees, skills and various relationships that spur growth for their company. So, tackling the issue of finance […] … Read More »

Finance

August 13, 2019

Many of us have an unhealthy relationship with money. We misuse the money we have, perhaps by spending too much of it on frivolous things. We let it control us as we live lives based purely on monetary gain and trying to achieve the nicer things in life. And some of us neglect it; failing to make time to build our relationship with money because we don't think that it should be a priority. … Read More »

Business

July 23, 2019

In every micro business, entrepreneurs will learn the sometimes harsh lesson, you have to spend money to make money. The success of your endeavors doesn’t just rely on your profit to loss margin, but your sales to cost margin as well. Yes, the two are linked together financially, but you must realize that one is large scale and the other is micro scale. You could make a profit for one month but in that same month you decided to purchase stock of another business to invest elsewhere. That would mean, you would incur a smaller profit or even break even. Sales and costs refers to product inventory. How much did you pay to have your products made and how much did you make from selling them? This is the meat and potatoes of any business. Here’s how you can keep track of what you’re doing. … Read More »

Finance

June 17, 2019

Let’s talk about retirement. It is the time you will have all to yourself to pursue the things you love. Travel the world, write a book, or spend time with the future generations of your family – the possibilities are endless. But to make all of this happen, you have to take some action now. A wonderful post-retirement life is not just about how much you have saved today, it is more to do with where you have put your money. … Read More »

Finance

April 26, 2019

You’ve got an amazing business idea, the skills to run your own company, and the passion and drive to make it a success, now all you need is the money. Raising the money that they need to get their company going is the first big hurdle that all new business owners face and it’s going to be hard. … Read More »

Life Hacks

April 26, 2019

You may get to a point in your life where you feel like you're not progressing anywhere. It's perfectly normal to feel this way, but when you do it can be difficult to see a way out of the situation. In this article we look at 5 ways you can kick-start your life that won't require a radical change to your lifestyle and can be implemented in under 12 months. … Read More »

Finance

April 3, 2019

Drafting a budget that includes all of your expenses is the first step to achieving your financial goals. Whether you want to purchase a boat or a home or to finance the long-desired dream to name-any-continent, a budget is your passport and a financial plan is your visa to any location around the world. … Read More »

Finance

April 2, 2019

So, you’ve finally decided on your product and you have a solid business plan in place but before you can make a start you need some capital. How can you get this money without getting yourself into a financial hole? Find out more in this article … Read More »

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