Remove 2014 Remove Balance Sheet Remove Consulting Remove Sales
article thumbnail

Can an Expense Be Profit?

Martinka Consulting

Sales were down from 2014 and expenses were up. His balance sheet is a mess. ” It included the usual suspects like his salary, his wife’s salary, benefits, car (used to make sales calls), etc. appeared first on Martinka Consulting. But this is not the point of the story. ” John Wanamaker.

article thumbnail

Repair Regulations: Limiting Business Deductions

Women in Consulting

These rules are effective January 1, 2014 and will affect over 4 million taxpayers. into office supplies, these items must now be put on the balance sheet and depreciated and tracked. Top Consulting Tips' The rule is limiting businesses to expense a purchase which is $200 or less and consumed within a year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.” See More Videos > See More Videos > Tackle the balance sheet. “They need to see why it’s a good idea.”

Finance 28
article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

My personal belief is the trucking industry needs to realize production of goods will have ups and downs,” Satish Jindel, principal of SJ Consulting , which closely tracks industry pricing, told Logistics Management. Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America.