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Repair Regulations: Limiting Business Deductions

Women in Consulting

For years, we have used the Generally Accepted Accounting Principle of expensing items that small businesses purchase of up to $500 or even $1000 when appropriate. . The rule is limiting businesses to expense a purchase which is $200 or less and consumed within a year. This is not going to happen to most small businesses.).

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What a Business Financial Statement Can Tell You About the Health of Your Business

Tom Spencer

When you run your own small business, it can be difficult to keep an objective distance from what you do. Bills come in, sales go out, you have your day-to-day goals and you watch the curvy line of profit and loss make its inexorable progress throughout the financial year.

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

Harvard Business

Even if you don’t need to know a lot about finance to do your day-to-day job, the more conversant you are on the subject, the better off you’ll be, according to Richard Ruback, a professor at Harvard Business School and the coauthor of the HBR Guide to Buying a Small Business. It just takes effort,” he says.

Finance 28
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Banks – Industry Overview

Tom Spencer

In secondary markets, the sales & trading function operates as a market maker. The cheapest form of funding is deposits (particularly retail and small business deposits). Banks have huge balance sheets well in excess of their equity value due to all deposits being liabilities – the balance sheet is the business.

Banking 12
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Bulls and Bears Debate China: Property Bubble Expands Again; GDP Growth Picks Up; Economic Recovery Underway? No Says Michael Pettis

MishTalk

A series of land sales have set record prices since August, with real estate developers ramping up their competition for the best plots in the biggest cities. This means that the foreign currency reserves are simply the asset side of a balance sheet against which there are liabilities. China Rich in Reserves.