Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
You probably paid so many taxes during your life that you’re sick of them. You’re not alone. Nobody likes to see how much of their income goes to taxes, but it’s just how things go. You might even think about suing the IRS. Can you do this? Well, suing the IRS seems like a hopeless case, but it is a possibility. However, suing the IRS is not that easy, because there are … [Read more...]
Companies are always looking for ways to spend wisely and save on costs. One important but often overlooked factor that can make a critical difference in cost-savings — if managed wisely — is tail spend. So, what is tail spend exactly? Tail spend refers to high-volume, low-cost items purchased within an organization, that are not actively managed or tracked by finance or … [Read more...]
One of the main roles of bankruptcy trustees when managing a bankruptcy case is to ensure that the creditors' claims are repaid as much as possible before a debtor's debt is discharged. Creditors have the right to a hearing when it comes to liquidating the debtor's non-exempt assets for a Chapter 7 bankruptcy. Creditors also have the right to be heard in regard to a debtor's … [Read more...]
Every business needs money for growth. It doesn't matter if it's an online company, such as 22 Bet or Netflix or a local store. But how do you get more cash? The best way is to decrease costs, and these six tips will help you. Cut out the Unnecessary According to the Pareto Principle, 20% of the effort we spend to get a result yields 80% efficiency. Conversely, 80% of the … [Read more...]
Starting a new business is difficult for most, especially when you don't have any funding or loans to help out. Even if you do have financial support, starting a business is tough. Most businesses fail due to the lack of cash flow and in this article, we will take a look at some of the ways you can start your business while saving money so you can invest it into other areas … [Read more...]
Bitcoin (BTC) has enjoyed a stellar twelve months, with its price increasing from $6,690.00 on March 25th, 2020 to an impressive $52,267 on March 24th of this year. While this represents an incredible level of annual growth, we should note that BTC crashed through the $60,000 barrier on March 14th, before slumping by nearly 14% over the course of the subsequent eleven … [Read more...]
Before you agree to borrow money, whether it's in the form of a bank loan, credit card, or you're borrowing money from friends and family, there are some important things you should consider first. Is It a Want or a Need? As the cost of living continues to rise, while wages remain stagnant, it is important to ask whether you actually need the product or service, or if you … [Read more...]
If you want to take your business to the next level, you may be starting to think about how you can accept payments globally. This can be a really lucrative business move as you will open yourself up to a whole load of potential customers; however, it’s not as easy as simply offering your products to be shipped abroad. One of the most difficult things, logistically, that you … [Read more...]
Auctions follow one simple rule: the highest bidder always wins. It’s a numbers game where goods go to a person who’s willing to pay top dollar for them. There’s no room for hesitation in an auction; either you go big or go home. Agricultural or farm auctions are no different. Farm owners will do everything to cut their expenses wherever possible by buying second hand tools … [Read more...]
Bank checks are a tried-and-true method of payment, but you’ve likely never come across one. Whereas bank checks were commonplace as little as 20-years ago, more convenient payment methods have made them virtually obsolete. However, you may need to write or deposit a check if you haven’t set up a direct deposit, so let’s go over the process of doing just that. Order Bank … [Read more...]
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