You know the ’80s song, “Video Killed the Radio Star.” It was a huge hit and one of the first videos to air on MTV. Well, what became true for music videos is on its way to becoming true for the phone. You are already the star of all your phone conversations, right? Everyone loves hearing your voice and having […]
Naturalists claim that evolution is driven by beneficial mutations. Is that a plausible explanation for the diversity found in nature? We’ll see. Induced Mutations Leading geneticists, Thomas Morgan and Herman Muller conducted a lengthy study of fruit flies (drosophila) looking for traces of evolution. But generation after generation, the uncooperative flies refused to evolve. They eventually solved the problem, or […]
“Why should I join? I can do this business as a sole proprietor, right?” – “Isn’t it complicated and expensive to form a corporation?” -“I run my business with my spouse, and we have a partnership. Why do we need to have a corporation?” These have to be the most frequently asked questions that I, and my own financial and […]
Wholesale salvage merchandise is a product category used in the liquidation and wholesale business to refer to merchandise that has been damaged or has been exposed to a situation where the potential for damage is high. . Salvage is a term that was first used to refer to products that were transported on derailed trains. For example, if a train […]
Companies provide ethics classes and seminars to teach employees about acceptable behavior in the workplace. Employees who are honest by nature usually take some food for thought from these sessions, while those who are not honest by nature just get a free lunch. Ethics classes tend to teach behavior in binary terms. This behavior is acceptable and this behavior is […]
Is redundancy necessary? The public is led to believe that laying off a worker in these difficult times might be the right decision and not a knee-jerk reaction to the COVID19 crisis. Hundreds of workers are laid off following the recent outbreak of the coronavirus and many are at home tending to the victims of the “necessary” but critical decision. […]
In order for your stock to trade, no matter how it went public, the stock must be listed on Pink Sheets, the OTCBB markets, or a stock exchange. For small businesses, this means getting stock trading on Pink Sheets or OTCBB. To have a trading market, you need one or more market makers. This market maker must be a broker-dealer […]
Remember the excitement surrounding your first credit card? He probably applied for a credit card when he went to college or maybe his parents offered him some advice. Either way, he’s had that card since his teens or early 20s and it’s probably not the best card in his wallet. He may have a high interest rate, no rewards, or […]
By definition, crowdfunding is a method of financing a business enterprise by collecting monetary contributions from a large number of people. It is achieved mostly with the use of the internet through websites that allow entrepreneurs to raise money; but the concept can also be realized by other means. Recently, crowdfunding has become a trend in the business world, whether […]
Many organizations measure organizational performance in efficiency. The field of cost accounting is based on these concepts and principles. The problem is that efficiency is no longer an effective measure of what is happening in the organization’s operation. It is possible to achieve high levels of efficiency and still operate at a loss. Today’s organization requires a different measure – […]
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