Let’s Compare Letters Of Credit With Standby Letters Of Credit

Let’s talk about some of the positives and negatives of the SBLC, commonly known as a Standby Letter of Credit. Compared to other types of letters of credit, the standby letter of credit can be more beneficial for business. The SBLC uses the original documents and bill of lading to obtain payment for merchandise from […]

The Rise of Temporary Work and Flexible Jobs: The Opportunity It Provides for Staffing

It is hard to believe that we have now lived almost a full year in the pandemic. Since March, I’ve written articles on ways to adjust business strategy, how to adapt to changing times, how to use technology to stay successful, and more. When I wrote my first article related to the pandemic in March, […]

Swing Trading Stocks: An Introductory Guide to Swing Trading Stocks

Oscillating trading stocks It has become increasingly popular with home investors and beginning swing traders. You can make money from swing trading and the most common way is to master it. The more skilled you are, the better your chances of success. But you have to start somewhere, right? Because of this, we need to […]

Economic Value Added (EVA) and Market Value Added (MVA): Reflecting on Some Policy Implications

What is economic value added (EVA)? What is Market Value Added (MVA)? How do companies choose their value creation strategies? Do higher cash flows automatically result in higher financial gain? How do companies that opt ​​for maximum economic value added compare to companies that opt ​​for maximum market value added? What does a reasonable compensation […]

Do I need to register my business name as a small business owner?

A small business owner has no property rights unless they mark their business name. Sounds alarming? Well, it is. Registering your business or domain name does not give you any automatic right to use the name as a trademark. Naturally, when people create an entity, one of their ultimate goals is to get their name […]

What is the difference between wholesale and drop shipping?

What is a wholesaler? A wholesaler is essentially the supplier who buys directly from the main distributor. Wholesalers often buy products in excessively large quantities, which they then sell to retailers or online store owners in smaller quantities, even in quantities as low as one item at a time. However, you can also access wholesale […]

Top Six Reasons Your Business Needs Bylaws

Although California does not require a business to have bylaws, here are six reasons all business owners should invest in a set of bylaws that are strategically thought of for their business: 1. The Bylaws are the legal backbone of the Company. The statutes of a company provide the framework for its operation, including the […]

Hotel financial control: improved hotel profit and loss structure based on new revenue and costs

The Hotel Financial Control function generally analyzes Hotel activity through a standard P&L reclassification that identifies four main departments that represent the main business area of ​​the Hotel: Room Revenue, Food and Beverage, Telephone and Other Revenue. Rooms and food and beverages are the main drivers of value, while other income can help the total […]