The BigLaw brand In our age of competition and connectivity, law firms face an unprecedented challenge from the brand, and BigLaw, the largest and most successful law firms in the world, tend to play long-term. For BigLaw to “win,” you must continue to enhance your business brand to attract and retain your clients and attorneys….
Category: Business
Is the balance sheet more important than the income statement?
Before answering this question, I’ll walk you through common perceptions of the income statement versus the balance sheet, as well as recent developments in International Financial Reporting Standards (IFRS). The income statement provides a summary of the income and expenses of an organization during a particular period. Historically, this was the first report that the…
All consideration is good consideration, as long as there is an exchange between the parties
Consideration is a source of any promise made to someone, when a person makes a promise to another, he does so with respect to obtaining some benefit or reward for his promise that another is competent to grant him. This is called consideration. It is part of contract law simply to exchange one thing of…
Student loans: the Perkins loan
How can you apply for a Perkins loan? To apply for a Federal Perkins Loan, you must complete a Free Application for Federal Student Aid (FAFSA) and a Master Note (MPN). The MPN is a legally binding document that shows that the borrower owes a debt to a school. The note includes information about the…
How to Trade Options – Book Review – Sheldon Natenberg, Option Volatility and Pricing
As with most books on the subject of trading options, the amount of material to go through can be overwhelming. For example, with Sheldon Natenberg’s Option Volatility and Pricing, that’s roughly 418 pages to digest. There are proper reader reviews on Amazon and Google Book Search, to help you decide if you will get the…
10 Sure Ways An Independent Contractor Can Save Money On Taxes
Tax laws are written by politicians and they write IRS laws to tailor society the way they and their constituents want. This is something that accountants and tax preparers are taught every tax season. Today’s politicians want workers for the rich so they can live in bigger houses and take vacations that their employees can…
Advantages and disadvantages of wearing sexy clothes to work
What clothes should you choose to go to work? Despite the lack of a dress code, even if you can enter your building premises from work casually, you should think about what to wear and what not to wear. Starting in the 21st century, free thought and individualism are very encouraging, however, there are certain…
The structure of your business plan
Your business plan is vital in establishing the structure of your business, your goals and objectives, strategies, products and people. It is used to plan and manage your business, request financing or show it to potential investors. It has ten main parts and these are: 1. Cover and index It sounds a bit silly, but…
How to start a commercial business plan
Millions of people want to know the secret to making money. Most have concluded that it is about starting a business. So how do you start a business? The first thing you need to do to start a business is create a business plan. A business plan is a formal statement of a set of…
10 things to consider when choosing a Forex broker
1. Regulation: Since there is no central exchange, the foreign exchange market itself is not regulated. However, reputable forex brokers are regulated. If the forex broker is located in the US, it must be registered as a Futures Commission Trader (FCM) with the Commodity Futures Trading Commission (CTFC) and be a member of the National…