hannahugboh.blogspot.com
Hannah's ME Blog: June 2010
http://hannahugboh.blogspot.com/2010_06_01_archive.html
Monday, June 7, 2010. Do I have enough cash to run my business? Cash is king' is a phrase often used in business because cash is the item that keeps a business 'alive.' Even an otherwise profitable business cannot continue without cash and may be forced to liquidate or go into bankruptcy. In the current economic climate of credit squeeze, cash is an even hotter commodity. Statement of Cash Flow. Liquidity ratios to indicate the cash health of the business. And the Quick ratio is. A general rule of thumb ...
hannahugboh.blogspot.com
Hannah's ME Blog: September 2010
http://hannahugboh.blogspot.com/2010_09_01_archive.html
Wednesday, September 1, 2010. The Pros and Cons of doing business entirely online without a physical storefront or presence. The Internet marketplace has seen accelerated growth with rapidly evolving e-commerce technology. The availability of several low cost marketing and advertising resources like the social and professional networking sites has no doubt changed the way we live, interact and shop. It has therefore opened up more opportunities for doing business on the Internet. On the flip side, the ve...
hannahugboh.blogspot.com
Hannah's ME Blog: July 2010
http://hannahugboh.blogspot.com/2010_07_01_archive.html
Friday, July 9, 2010. Internal Control in Small Business. Internal Control in Small Business. Even a relatively small business can enforce certain internal controls that are very effective. The moment a business owner begins to delegate some of the duties in running the business in the natural course of growth the need for internal control arises. Controls to assist in achieving the businesses objectives - Controls here used include; appropriate staff supervision, checks to ensure staff have essential qu...
hannahugboh.blogspot.com
Hannah's ME Blog: Advantages and disadvantages of buying a business as opposed to starting one from scratch.
http://hannahugboh.blogspot.com/2010/09/advantages-and-disadvantages-of-buying.html
Wednesday, September 1, 2010. Advantages and disadvantages of buying a business as opposed to starting one from scratch. The pros and cons of buying a business as opposed to starting one from the scratch depends very much on the state of the business being purchased. At the back of our minds should be the fact that, depending on the condition of the business, every advantage could actually constitute a disadvantage. We will touch on some of the most important points. A market for the product or service w...
hannahugboh.blogspot.com
Hannah's ME Blog: Goodwill - Can it be transferred?
http://hannahugboh.blogspot.com/2010/09/goodwill-can-it-be-transferred.html
Wednesday, September 1, 2010. Goodwill - Can it be transferred? In recognition of the concept of goodwill and its ability to translate into increased earnings, different valuation models have been developed to account for it, just as any other asset would be accounted for on the books of the company. The pertinent question then is: can goodwill be transferred? In answering this question it is important that we divide goodwill into its component parts -business and personal goodwill. Obviously in regard t...
hannahugboh.blogspot.com
Hannah's ME Blog: August 2010
http://hannahugboh.blogspot.com/2010_08_01_archive.html
Thursday, August 26, 2010. Just-In Time (JIT) Inventory Management. Just In Time (JIT) has been referred to as an inventory control system in which inventory is purchased only as needed to meet actual customer demand. It is said to be a demand-driven inventory system designed to reduce inventory carrying costs to the lowest possible working levels. In practice, JIT is more of a holistic management system aimed at reducing waste, maximizing cost efficiency, and securing a competitive advantage. It is obvi...
hannahugboh.blogspot.com
Hannah's ME Blog: Business Purchase Options
http://hannahugboh.blogspot.com/2010/09/business-purchase-options.html
Wednesday, September 1, 2010. In its simplest terms a business can be purchased in two basic ways: asset purchase and stock purchase. Whatever form of purchase is used there are numerous way of financing the transaction. The preferable method is a matter of the facts of the specific transaction. But some of the highlights for both parties are enumerated below. Another benefit could come from taxes. The seller realizes a gain or loss on the transaction based on sales price and initial worth of stock&#...
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Microloans | The Chronicles of Entrepreneurship
https://synthesizethis.wordpress.com/2010/06/25/microloans
The Chronicles of Entrepreneurship. Exploring and building ideas for the future of entrepreneurship…. I want to talk to you about microloans and their place in the global economy. In the US microloans are under $35000, short term, and used for a variety of small business purposes. In third world countries, much smaller amounts of money (averaging under $400) are used to start and fully carry out individual business needs. When working to obtain a microloan in the US, you may be required to attend trainin...