Academy : ProfitSee

Jan 12, 2015 | Management | Business Strategy

Zen of the Company: A Prospering Business Continued

Part seven: A continuation of the Prospering Business chapter. Outlining the needs and expectations of the team and The Ripple Effect...

Jan 5, 2015 | Management | Business Strategy

Zen of the Company: A Prospering Business

Part six: had been asked to join the Fortune 100 Company’s new division. It was about a year old, and been assembled from piece parts of other divisions. A joint venture attempted two years earlier had failed, and a decision had been made to continue the core efforts towards growth while serving the existing client base. Most of the employees had been employed by the company ten years or longer, and I was to assist in helping the “old technology” group emerge into the “new technology” future. I reported to Sam, the senior vice president of the division, but worked almost everywhere....

Dec 29, 2014 | Management | Business Strategy

Zen of The Company: Making and Retaining Profits Continued

Part five: So far we have identified that profits are used three ways. These include shareholder dividends, re-investment into the growth of the company, and profit sharing plans to employees. There are two other ways that company profits are used. These are capital reserves and risk funds.

Dec 29, 2014 | Accounting | News

How Accounting Technology Can Save Small Business

Small businesses are the backbone of the economy, which is apparent since there are currently 29 million in business in the United States and more launching each month. Helping these small businesses thrive is the key to turning around the global economy. But how can business owners leverage their resources to do this? The answer is their accountants!

Dec 22, 2014 | Management | Business Strategy

The Zen of the Company: Making and Retaining Profits

Part four: Most people in life have a dream of becoming wealthy. I define wealthy as not having to work in order to live your life in the style you want. Wealthy people amass assets that are large enough to allow them to live in the style they enjoy off of the interest earned after being adjusted for inflation. This is different than having a dream of becoming prosperous. Prosperous people earn large amounts of income and spend 103.5% of it. This is why the battle cry of the wealthy is “Never Touch The Principle!”