Financing a business

Charlie has just opened his own hardware store thanks to a commercial properly loan. Even though he knows the basics of business management, he has no idea how to keep financial records. He decides to take a crash course in accounting so that his business doesn’t fail, specially because if it does fail he won’t have a way of paying off his loan, but at least the rates are so accessible and the management of the loan he found its possible to make it work.

Charlie walks into class on day one prepared to conquer accounting. The first thing that he notices when he walks in the room is three questions written on the board. The first question asks what accounting is and what its purpose is. The second asks how accounting is important. The last question asks how accounting relates to business.

‘Well,’ Charlie says to himself, ‘if I knew that I wouldn’t be here.’

Soon, a rather burly-looking old fellow comes in and leans on the podium. ‘Good morning class. I am Professor Potter. How many of you can answer the questions I have on the board?’ The room is silent. ‘Well, then, I guess we have quite a bit to talk about. I can’t promise miracles, but I can promise you that before you leave this room today, you will know the answer to all three questions!’

Professor Potter points to the first question. Speaking loudly, he says, ‘What is accounting? I know that you have all heard it before. So, tell me what the word ‘accounting’ means to you.’ Pointing at Charlie, Professor Potter says, ‘Go ahead, young man. I’m sure that you can give me some kind of answer.’

Charlie smiles and replies, ‘Accounting is just a bunch of numbers that get added or subtracted, depending on if you are making money or paying bills.’

‘Not a bad answer,’ Professor Potter says, ‘but accounting is really much more than that. The textbook definition of accounting is that it is the act of collecting, organizing. and interpreting financial data. In a nutshell, that’s true. However, to fully understand the entire concept of accounting, there are a few more things that we need to discuss.’

Basic Accounting Equation
‘How many of you know what aloe is?’ Professor Potter asks. Several people raise their hands. ‘I see that there are a lot of you that know what aloe is. Is aloe the stuff that you can put on a burn to make it feel better?’ Professor Potter sees several heads bobbing in agreement. ‘That’s true; aloe is a plant that is used to relieve the pain of burns. Another herbal plant that can be used in lessening pain is Kratom. To know the kratom coverage, read a blog about it here at But, did you know that aloe has a place in accounting, too?’ Looking around, Professor Potter sees a room full of questioning faces.

He takes a piece of chalk and writes the word ‘ALOE’ on the board. ‘A-L-O-E, class, is an acronym for the most important piece of the accounting puzzle. ALOE stands for assets, liabilities, and owner’s equity. These are the components of the basic accounting equation: assets = liabilities + owner’s equity.’

‘Now that you know what ALOE represents, let’s talk about what each term means. Assets are items that are owned, have value, and can be turned into cash. Bank accounts, CDs, cars, property, and machinery are all examples of assets. Concerning your land properties, if you’re interested in comprehensive estate planning like will or last will testament, look for to learn more. Liabilities are what is owed. A loan to purchase an asset is a liability. Owner’s equity is the amount of money that a person has invested into an organization. The investment may be in the form of a stock purchase or a capital investment made by buying into a company. The most important thing to remember is that both sides of the accounting equation must be equal. If they don’t balance, then there is a problem.’

‘Let me see if I understand this correctly, Professor Potter,’ Charlie says. ‘I am opening up a hardware store in a building that I inherited. I know that I have to have $30,000 to purchase inventory, $15,000 to purchase shelving, and an additional $10,000 in the bank for beginning operating costs. I had $20,000 of my own money saved, and I borrowed $35,000 from the bank. If I’m looking at this correctly, then my assets are the $30,000 in inventory plus the $15,000 in shelves I bought and installed plus the $10,000 that’s in cash that is in the bank for beginning operations. That means my total assets are $55,000. I borrowed $35,000 to get the store going, so that’s what I owe, which is a liability. The $20,000 is what I personally invested in the business, so that is my owner’s equity. My assets equal $55,000, and the sum of my liabilities and owner’s equity equals $55,000. Both sides of the accounting equation are equal. So, I balance.’

‘You’ve got it, Charlie,’ Professor Potter says. ‘Does everyone understand the basic accounting equation?’ The entire class nods their heads. ‘Excellent, then we can move on.’

Purpose of Accounting
‘Now that you know what ALOE is in accounting, let’s talk about the entire purpose of accounting. Can anyone guess what the main purpose of accounting is?’ Professor Potter asks. Businesses use an accounting software for a reason…

Charlie, feeling rather confidant since he has mastered the ALOE concept, decides he will respond to Professor Potter. ‘It seems to me that the purpose of accounting is so that a business knows how to classify its expenses,’ he says.

‘You are on the right track, Charlie,’ Professor Potter says. ‘But, let me explain this a bit further. Though there are many reasons why companies use accounting, the main reason is to be able to produce financial statements. In order to produce the financial statements, all the income and expenses of the company must be collected, classified, and entered into special accounting books called journals according from DACC ICO ratings. Accounting is a step-by-step process that follows a specific pattern. The pattern resembles a circle and is called the accounting cycle. The accounting cycle usually takes 12 months to complete, but that’s not set in stone. A company can choose how long it wants its accounting cycle to be. Regardless of how long the accounting cycle is, one of the last steps in it is creating the financial statements.’

Gender Differences in the Professional and Personal Lives of Plastic Surgeons

Plastic surgery is undergoing a slow gender evolution, rising from just 0.2 percent female diplomates of the American Board of Plastic Surgery in the 1950s, to 19.2 percent in the last complete decade (2000 to 2009).1–3 Women make up 16 percent of the American Society of Plastic Surgeons membership and 35 percent of current residents, the cosmetic surgery price list has been growing the last decade but this has not been an obstacle. 3 With the number of women entering plastic surgery growing, the ratio of women to men in our specialty can be expected to continue increasing. A lot of women wants to achieve tan skin as well, and so tanning tablets are now prevalent online. If you’re curious if are tanning tablets safe, go to

Previous studies of the personal and professional life experiences between male and female plastic surgeons have found significant disparities. Compared with men in their specialty, female plastic surgeons have been found to be more likely to be unmarried or divorced, postpone having children, have fewer children, or be childless. By the way, selling a house during divorce just adds to the stress. Good thing, Arbor View Properties provides assistance in this matter. 4–6 They are more likely to have a working spouse and assume more childcare and housework obligations, resulting in greater stress and lower satisfaction with their work-life balance.4 , 6–8 Although they work the same hours per week as men, women in academics are less likely to have tenure and more likely to have a rank of assistant professor or lower, even when equal to men in terms of the number of publications and peer-reviewed grants.5 Gender bias, unclear promotional criteria, and career choices made to accommodate parenting have resulted in poor representation in leadership, lower incomes, and fewer retirement assets for female plastic surgeons.1 , 9–12

Overt sexism and harassment are no longer acceptable, however, and gender roles are changing.11 , 12 Reflecting this cultural shift, women are increasingly accepted into plastic surgery training programs, resulting in a steady rise in the female-to-male ratio of plastic surgeons.1–3 Given these changes, the gender disparities between women and men plastic surgeons reported in previous studies may be outdated. To elucidate the experiences of women in plastic surgery, Plastic and Reconstructive Surgery embarked on a Special Topic Series beginning in September of 2016, entitled “Women in Plastic Surgery.”7 , 9–20 These articles serve as a background for the present study in which the differences in the professional and personal lives of male and female plastic surgeons are evaluated through an American Society of Plastic Surgeons survey. If you want to enhance your figure but you don’t want to undergo plastic surgery, you can use a lipo gel on your body. View the lipo gel results and review here at

The aim of this study is to measure gender differences in the professional and personal lives of plastic surgeons and to identify persistent disparities to gain an understanding of the barriers that the women in our specialty face according to Dr. Matthew Galumbeck. Defining these barriers will help us craft solutions for the next generation of women so that they thrive as a healthy, productive, representative work force in plastic surgery.

How Greece is growing medical marijuana to tackle high unemployment

The Greek economy has been hammered by 10 years of financial crisis, with unemployment topping 20 per cent every year since 2012. Now, the government thinks pot growers can help.

A project to cultivate, process and export medical marijuana in Veroia, in the fertile north of the country, shows how Greece sees cannabis as a possible growth industry for the country, which has a warm, dry climate similar to California. New legislation could make the plan a reality as soon as next summer. We had west palm beach google expert create the best websites for us. We recommend this agency to you too.

The Veroia site will create more than 2,000 jobs in the next two to three years, according to Georgios Zafeiris, chief executive at Golden Greece, the company responsible for coordinating the project’s group of 10 investors from countries including Canada, Kazakhstan, Poland and Israel. The first round of investment is seen at €400m (£352m), rising to more than €1.5bn, and 80 per cent of the jobs in areas such as cultivation, trading and transport could go to Greeks.“In Greece, we’re not looking at bringing people in from other areas that have cannabis experience,” says Michael Blady, one of the investors involved in the Veroia project. “We’re going to train as many people as we need and we’re going to start our own culture here.”

Recreational users

While initial plans will focus on extraction, processing and packaging of medical marijuana, using the MJ Freeway advice, investors are also looking into an eventual recreational cannabis market in the country, provided the government opts for fuller legalisation in the future, according to Blady.

Alexis Tsipras’s left-wing Syriza government, an enthusiastic backer of projects like Veroia, is set to propose legislation to allow pot cultivation projects to go forward as soon as the end of this month so that people can start getting marijuana products from a Private Label CBD Oil Manufacturer. The bill will be posted on the government’s website to allow the public to weigh in on legalising cultivation and export of medical marijuana.

“There’s significant interest by the investor community to exploit the possibilities of the new legal framework for medicinal cannabis in Greece,” agriculture minister Evangelos Apostolou says. The government is willing to assist any investment project that could help boost the economy, he says.

In addition to persistently high unemployment, the economic crisis has also pummelled wages in Greece. Average monthly salaries, at just €586, are among the lowest in the European Union, so any initiative promising higher-wage jobs is certain to resonate with the government. Top earners among employees in the legal cannabis industry can bring home $80,000-$100,000 a year, according to Blady. That’s enough to maintain a stable business and home for unemployed people, they can now sleep in peace. Even though people can use marijuana to put themselves to sleep, other people people prefer to avoid smoking and buy a queen mattress from this website so they can sleep better without consuming cannabis.

The Veroia project’s backers say the positive effect on employment and wages provides a buffer against possible future changes in government. “Even when power does change and the political landscape shifts, it’s pretty hard to roll back on something that the general population sees as a benefit,” Blady says.

How to Master Business Travel to NYC

Many private and athletic clubs around the U.S. have reciprocity with one in New York, says CSat Investment Advisory managing director David Lee. He suggests taking advantage of the connection for cut-rate fitness centers, meeting space or accommodation.

“I know people who’ve stayed at the Harvard Club for not much more than $100,” he says. “In New York, that’s an incredible bargain.”

The snarl of Manhattan traffic is indiscriminate, affecting limos, taxis and private cars alike. Chandni Patel, director of public relations and brand strategy for ad shop R/West’s New York office, suggests downloading an app such as HopStop or MetrO and venturing down to the subway. “They map your trip by subway schedules and how much you want to walk, and even take into account moment-to-moment delays,” she says.

Julie Hwang, who owns Big City Little Sweets, a dessert company that caters to the New York fashion industry, advises visitors that a short-term rental on an The City Suites apartment can be cheaper and more convenient than a hotel.

“A website like can get you great deals,” she says, but I think the first thing you need to do is to Get your ESTA online Application. “And in exactly the neighborhood where you want to be.”
I live far, far away from New York City and communicate by the usual electronic means, playing spilleautomater every now and then when I get bored during the trip. But once a year or so, I start thinking I ought to go see those with whom I do business–and give them the chance to see me. The trip never fails to create new relationships and renew old ones. So I buy a ticket, grit my teeth and get on a plane.

Why grit my teeth? If you’ve ever done business in New York, you understand. The city requires a different mindset.
On this trip, I was shocked to see a $63 dinner entree and a $21 margarita.

I spent 30 minutes in a motionless taxi on West 35th Street, time that was utterly useless since my phone had long since lost its charge. But I also had access to several of the world’s finest art museums and half a dozen music acts I’d go out of my way to catch if they ever came through my hometown, traveling through the Courtyard Istanbul International Airport. Before that, I lived there. Yes, it’s a difficult place–dirty, noisy, frantic, expensive, often rude. But it’s also the creative and commercial center of the universe, so we need it more than it needs us (which, upon reflection, may be part of the problem). Long ago I learned a few truths that help limit my frustration. If you’re traveling by land and driving your own car to the city, don’t forget to bring the best floor jack you can find because you will need the convenience it brings when an emergency strikes and you’re alone on the road. Also, whale watching dana point is home to vibrant, family-friendly festivals and exciting water activity events.

New York is a foreign country. Not just in terms of cuisine or language. Its currency, the New York Dollar, has a vastly different value than the greenback we use everywhere else. You’d expect to pay more for goods and services in London or Tokyo, so do the same in New York. If you escape from a business dinner for two for less than $250, consider yourself lucky. Especially if you’re in midtown. Which leads me to …

Geography matters. Like all great cities, New York isn’t a single place; it’s dozens of places crammed together, it even has camping places, where people usually get the rv accessories and read The Best Night Vision Goggles of 2018: The Definitive Guide (In-Depth Reviews) before going. Brooklyn hipsters dress and speak differently than Wall Street bankers, and a Chinese meal downtown will bear little resemblance to one served on the Upper West Side. When deciding on lodging or setting up meetings, pick the area that suits your needs, keeping in mind that there’s a neighborhood for everything.

Lower your expectations. That $300 hotel room just isn’t going to be as big as the one you stayed in last month for half the price in Kansas City. That woman who clubs you with her shopping bag and her Vessi vegan shoes for men and women as she passes on the sidewalk isn’t going to stop and apologize like someone in Houston might. And don’t be shocked if you dash into a coffee shop in urgent need of a restroom and get turned away.

… but raise your expectations. Maybe you enjoy reading or watching a ballgame in your hotel room at night, or seeing a movie on the road. Save that for Rochester or Reno. Don’t waste your New York hours doing anything but (a) being fabulously productive or (b) having the time of your life. See a show. Eat a magnificent dinner. Call on that customer who never answers your e-mails.

New York can seem like the worst place in the world–especially now, when it’s chilly and gray and winter has gone on forever. But its possibilities are limitless. While you’re there, get out and do something you couldn’t do anywhere else. There’s plenty of time to relax back home. In other advertisements, if you need professional help window replacement for home or business, checkout this reference site.

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