Business Tips Philippines: Business Owners and Entrepreneurs’ Guide

How to Make the Right Business Decisions

September 19, 2011 Vic 2 Comments

Business owners, managers and entrepreneurs need to make the right business decisions. One mistake could damage a business permanently. Thus, it is vital that we should be equipped with the right knowledge, wisdom, understanding and insight to help us judge what choices and … [Read more...]

How to Have a Healthy Business

September 19, 2011 Vic Leave a Comment

While everyone is wishing for a healthy mind and body, business owners desire a healthy and sound business. Though financial statements show the financial health of a certain business, they cannot exactly tell the total health and wellness of such business. This is because a … [Read more...]

The Floyd “Money” Mayweather vs Victor “Vicious” Ortiz Fight

September 17, 2011 Business Tips Leave a Comment

I’ve been an avid fan of boxing, especially when the upcoming bouts are so exciting. The likes of Pound for Pound King Manny Pacquiao, the undefeated Floyd Mayweather, Nonito Donaire and other exciting fighters make the boxing world alive and punching. There is also business in … [Read more...]

What are Notes to Financial Statements and their Purpose?

September 16, 2011 Vic 1 Comment

What are notes to financial statements and what is their purpose? The financial statements tell us about the important financial information of a certain business or entity which also help us make more informed judgments, such as whether we should infuse more capital or not to … [Read more...]

What is a Statement of Changes in Equity and its Purpose?

September 14, 2011 Vic Leave a Comment

What is a statement of changes in equity and what is its purpose? A statement of changes in equity is a separate component of financial statements. It presents an entity’s total comprehensive income for the period (profit or loss plus other comprehensive income for the period), … [Read more...]

What is a Cash Flow Statement in Business?

September 13, 2011 Vic 1 Comment

What is a cash flow statement and what is it for? The statement of cash flow, together with the balance sheet (statement of financial position), statement of comprehensive income (income statement), statement of changes in equity, and accompanying explanatory notes to financial … [Read more...]