If you own a business or providing professional services, you need to know if you are making profit or incurring loss. You need to take a look if your business is generating more revenues than your total expenses. This financial information is found on the income statement. The … [Read more...]
How to Create a Personal Financial Budget
Managing your own money should be like riding a bike in that once you have learned it, you will not forget it. The point of having a personal financial budget is to always have a plan with your money and prevent financial problems from happening. There are also those who form … [Read more...]
Entrepreneur vs. Employee: What’s the Difference between the Two?
Entrepreneur vs. employee - which is better for you? In our previous article, we have discussed the difference between a businessman and an entrepreneur. We have also learned that entrepreneurs are business persons who have evolved from being merely business owners to successful … [Read more...]
How to Make Accounting Journal Entries
After identifying and measuring your business transactions, you will now move to the recording process of accounting. The first phase of recording is making the journal entries (journalizing) that should be recorded in the general journal or special journals, such as sales … [Read more...]
51 Home-Based Business Ideas in the Philippines
Here is a list of small home-based business ideas you can start in the Philippines with small capital. There are fifty one ideas you can choose on. But be sure that you have the sufficient skills, talents, experience and passion to do and run these concepts successfully. You can … [Read more...]
Manny Pacquiao Earnings and the Best Paid Athletes 2010-2011
Have you asked how much is Manny Pacquiao’s earnings? Just how much money he is making from the sports of boxing? ESPN The Magazine, in its May 2011 “all about the money” issue, publishes the best-paid athletes in 30 sports. The athletes were ranked based on their official base … [Read more...]