by Carol Chin | Feb 20, 2025 | accounting
Present value: Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. … Future value tells you what an investment is worth in the future while the present value tells you how much you’d...
by Carol Chin | Sep 16, 2021 | accounting, business consultation
In a country where the average worker earns $1 million a year, it’s easy to forget that some of us don’t earn that much. It may be hard to believe, but there are still plenty of ways to save money on the everyday costs of running a business. Financial experts are...
by Carol Chin | Sep 5, 2021 | accounting, business consultation
In simple words ‘Startup Funding’ refers to the money required to start a new business venture also known as startup capital. If you’re here then you probably want to start a startup or you’re thinking about it. Firstly, congratulations and...
by Carol Chin | Aug 29, 2021 | accounting, business consultation
1. Talk To Your Co-workers/Employees. There is no better way. Trust me! Before you go to any financial advisor, do this really small exercise of talking to your co-workers/employees. They are the ones who are working really hard and they know their jobs more than...
by Carol Chin | Aug 29, 2021 | accounting, business consultation
It’s scary how much we spend on the business and how little we actually get in return. The most obvious problem is the business expenses; it’s not enough that they are expensive, but they are also difficult and time-consuming. What we need to do is to find...
by Carol Chin | Aug 29, 2021 | accounting, business consultation
Sometimes your business can run out of money faster than you can say “bankruptcy”. That’s why you need to be aware of the following accounting tips. Resolutions are a way to determine your financial health. For example, if your debt is greater than 36% of your income,...
