Posts Tagged ‘Assets’
Navigating Business Assets in High Asset Divorces
Business assets encompass a wide range of properties and holdings, including sole proprietorships, partnerships, and corporations. Valuing these assets accurately is essential for determining each spouse’s entitlements during divorce proceedings. Various valuation methods are commonly used in high asset divorces, each with its own strengths and considerations. Understanding Business Assets in Divorce Business assets encompass…
Read MoreTop 7 Considerations When Legalizing Your Business
When you have your own business, you want to do everything you can to make it successful. However, you also want to take all the proper steps to ensure your business is legal. When you don’t have a lot of experience with the legal requirements of a business, you may set your business up for…
Read MoreDigital Assets: Opportunities for Entrepreneurial Innovation
The digital revolution has been an ongoing, and consistent aspect of technological innovation and development across the globe. It is a segment that has wide and varied applications and presents as one of the main entrepreneurial choices for the current time. As an entrepreneur, you need to know as much about the sector as possible,…
Read MoreEverything You Need to Know about Financial Assets
Generally speaking, an asset is anything a person owns that has value. Financial assets are the assets that derive their value from a contract or other claim. The majority of financial assets aren’t physical although there may be some physical forms as well. Keep on reading to find out the examples of financial assets, their…
Read MoreDefending Your Company’s Assets
tarting a business is only half the battle. Keeping an organization protected is an ongoing issue that every owner has to deal with. Asset protection may seem complicated, but it really all comes down to several fundamentals that every business owner should be aware of. Here are six key concepts that you should consider applying…
Read MoreHow a Small Business Should Calculate Company Assets
Assets are those things which a business owns or controls and which can be used to create positive economic value. Assets can, therefore, be turned into cash. Consequently, it’s important for a small business owner to understand what their assets are so they know what the business’ health is and if they have the means…
Read MoreHow Do You Handle Your Cash Reserves?
Here comes some advice for all of us to use in business or in our personal lives. But to understand it, we need to delve into the short-and long-term sources and uses of cash. Good cash strategies to remember It is tempting to use available cash in good times to build the business and in…
Read MoreYour Core Competency and Why Not to Stray
Consider your core. It is the one skill, process or advantage you have over your competition. Then think of all the things you do to surround that core with people and assets that complete your company and allow you to release your product or perform your service. Which of your IP assets is your core?…
Read MoreHere’s a Rule for Companies with Outstanding Loans
Here is one that is so important to the continued health of a growing company that it cannot be overstated. It’s a bit complex for novices. But hang in there as I explain a bit about accounting classification of assets and liabilities. Differences between types of assets and liabilities First, let’s be sure we know…
Read MoreReduce Risk by Segregating Assets in a New Entity
The Problem: Often business owners want to segregate valuable assets from potential adverse liabilities generated in the operation of a business. For example, a bakery will likely own: (1) equipment used in its operations; (2) the factory building; and (3) a fleet of delivery trucks and vehicles. If all of these are owned by the…
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