The 5R’s in Waste Management

The 5 R’s – The key factors that are to be remembered in respect of waste management are – Reduce, Reuse, Recycle, Recover and Replace. 1. Reduce – wherever possible reduce waste production. One can always reduce waste production by following these simple guidelines: a. Use or buy only what is needed – when there […]

Understanding Financial Statements

Financial accounting’s focus is on the financial reports distributed to people outside of the company. The major component of financial reporting is the financial statements: income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity. The income statement indicates a company’s profitability during a specified time period such as one year, […]

Span of Management

Also known as span of control, is a very important concept of organizing function of management. It refers to the number of subordinates that can be handled effectively by a superior in an organization. It signifies how the relations are planned between superior and subordinates in an organization. Span of management is generally categorized under […]

How Do You Make Money With Affiliate Marketing?

There are two different ways you can make money from affiliate marketing. You can promote and sell digital products, physical products, or both. Digital products include eBooks, video courses and membership websites that can be used online or downloaded directly by the customer.Physical products are delivered to the customer’s front door. For example, many people […]

Forex Trading for Total Beginners

Stock investment, binary options, and foreign exchange (Forex) trading – these are some of the popular ways of generating additional income aside from choosing the traditional ways (building a small business or applying for a part-time work). Which do you prefer? Oh, so you’re already familiar with stock investment and binary options. You don’t mind […]

Something About Money You Don’t Know

Money- It’s the universal currency that all civilized human beings are familiar with. So what is money? Or precisely, How do you “see” money? Money means differently to everyone. It can represent power and authority. A measurement of success or contribution. Maybe happiness? Perhaps, some see it as only a piece of paper and they […]

How to Evaluate Your Finance Department

Nobody knows your business better than you do. After all, you are the CEO. You know what the engineers do; you know what the production managers do; and nobody understands the sales process better than you. You know who is carrying their weight and who isn’t. That is, unless we’re talking about the finance and […]