The latest industry news, research and insights
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December 2021
Navigating the myriad of health insurance plans available can be incredibly complex, with seemingly an avalanche of acronyms and abbreviations being thrown around. This article will compare Preferred Provider Organizations (PPO) and Exclusive Provider Organizations (EPO) to help you understand the difference between these types of health insurance plans when it comes to making the
30
December 2021
The usage of ensure vs. insure is very important from a contractual perspective, while they sound very similar they can have very different meanings in a legal context. Insure means to safeguard against loss or damage, typically through the purchase of insurance to do so. If a contract stipulates that the individual must insure something
28
December 2021
Almost everyone has financial troubles at times, but some people experience financial problems on a regular basis. Constant financial problems can lead to serious health conditions if they aren’t properly resolved in a reasonable period of time. If you are in a situation where you’re overwhelmed by your financial responsibilities and you feel as if
28
December 2021
Most entrepreneurs eventually think about selling their businesses, whether as a prelude to retirement or to pursue other activities. In doing so, they often underestimate the effort required for a satisfactory outcome and overestimate the value and saleability of their enterprises. If you’re contemplating selling, here are some common mistakes to avoid. 6 common mistakes
28
December 2021
Breakeven analysis is an important and useful tool in better business choices. Whether starting a new business, expanding current operations, contemplating an acquisition, downsizing, or approaching banks and other potential lenders, one should know what the breakeven is. Breakeven is simply the point at which costs equal income – no profit, no loss. It’s an
28
December 2021
Regardless of the type of business you’re running – whether it’s selling electronics, making furniture, or servicing automobiles – monitoring a few key financial indicators is often all that’s needed to keep your company growing and prosperous. On the other hand, neglecting a firm’s vital signs can lead to management by crisis and corrective action
28
December 2021
Financing Options for Your Business Start-up businesses and long-established firms share common ground in at least one respect: the need for financing. Managers of fledgling companies often debate the best way to obtain funds for buying inventory, heavy equipment, and buildings for making widgets. In the break rooms and suites of fortune 500 firms, executives
28
December 2021
Becoming a contractor is full of wonderful benefits – you are essentially your own boss, have the type of freedom and flexibility that permanent workers can only dream of, and to top it off, you could also potentially earn more money than what you might do as a permie. Of course, with most things in
28
December 2021
At a time when employee benefits are being reduced, final salary pensions are disappearing and salaries are being dramatically cut there has never been a better time to become a contractor. Following the April 2007 Budget announcements, there are only two options recommended for contractors to trade – either through your own Limited company, or
28
December 2021
IR35 can be quite a confusing subject for many contractors, as employment status isn’t always that simple, making it difficult to work out exactly where you stand with the legislation – whether you fall ‘inside’ or ‘outside’. Inside Vs Outside It is HM Revenue and Customs that determines which way your practices fall, and if
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AccountingFeatured Posts
You have developed all of your estate plan documents — your will, trust, letter to heirs, living will, and etc. So now you are all set, right? Probably wrong, at least if your plan includes keeping the wealth in your family for more than one generation. A key to success in keeping wealth in a
Traditionally, a property investment is considered to be a home, apartment, or duplex one might buy to rent out and generate a profit. However, there are actually alternatives to traditional property investments. You can buy undeveloped land or overseas property and turn a profit just as easily as you can with a rental. It is not necessarily that simple, but the alternatives to traditional property investments warrant a look if you are
Day-trading, once the exclusive domain of floor traders and of the larger investment firm’s proprietary trading desks, is now fair game for all speculators. Inspired in part by the instant availability of quotes, affordable high-powered computers, and competitive online commissions, the new wave of day-trading methods and systems has attracted thousands of traders in recent
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