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Impress your bank manager! How to read your balance sheet
If you want to do well as a small business owner, it would help you if you could understand the basics of how to read a balance sheet. The balance sheet is an indispensable part of a business accounting information and is essentially a snapshot of a company at a specific point in time. The balance sheet lets you know what a company owns (“assets”) and what it owes (“liabilities”). It will also tell you how much the business is worth.

Other long term liabilities Related Articles

Why discounting is bad for business
Discounting is a short term fix with long term consequences! While there is some disparity among experts, most say that even in the current marketplace, discounting can cause long term damage to your overall business success. According to www.sm.com.au, discounting is a costly strategy for retailers. While the book called, You Can Compete, suggests that discounting will double retail sales, most data points towards a business disaster. There are several successful alternatives to discounting that are available for your business.
How to Set Short-Term Sales and Marketing Objectives That Matter
Achieving long-term business strategies can only be accomplished by implementing short-term objectives. What are the eight qualities of short-term goals and how can marketing and sales executives use them to get results?
The Next Crisis In The Perfect Storm – Unfunded Retirement Accounts
According to the Pew Center on the States, “state government employee pension plans nationwide alone, have racked up nearly $360 billion in unfunded pension liabilities.” Research indicates there is also in excess of $380 billion in unfunded liabilities for other retirement benefits, including health care.
What’s Your Motivation for Marketing Your Coaching Business?
Growing your business is a long-term proposition. It takes a certain mindset to continue marketing, and without the right motivation it can become a dreaded task. Let’s talk about keeping this part of business personal and motivating for the long term.

PPC Versus SEO: Getting The Balance Right Between Short Term Profits Versus Long Term Gains
Internet marketers face often sacrifice long term profits for short term gains. They tend to chase the next sale instead of leveraging their online business for bigger gains that can be reaped only over a longer period of time. This article looks at some of the potential trade offs that are often made between short term profits and long term gains and discusses how to get the balance right between PPC and SEO.
How Do You Buy a Long-Term Care Facility?
A long-term care facility basically takes care of the disabled and seniors who can no longer manage on their own. When you mention long-term facilities, most people would associate these with retirement homes, nursing homes, assisted living homes, as well as group homes. The first thing you need to consider when you decide to buy a long-term care facility is to identify the type of facility you want to own and run.
Why You Need Nursing Home or Long Term Care Coverage
There are many reasons why it is so important to have long term care coverage. Close to 70% of those who live to age 65 will need some type of living assistance in their lifetime. The average period of time in a long term care facility is between two and three years. The average cost varies considerably by region, but expect to pay over $150,000.
Don't Drive in the Dark
We recently utilized our airpower against Libya arguably by numerous people from both side of the aisle without an End Game. To me, that is like driving in the dark. At that point we have no idea of the outcome. Without lights, euphuism for an End Game, the odds are not in our favor. You don’t get up in the morning and get in your car without knowing exactly what your destination is. That is what an End Game is all about; what exactly is your destination. You can’t run a company effectively, maximizing all opportunity without creating a long term plan. And, there is no such thing as a long term plan that will work without a defined End Game. The Libya situation reminds me of what I often see in companies every day. It’s either a lack of serious long term planning or the lack of a defined End Game.

Begin Your Online Home Business With a Solid SEO Strategy
Many owners of legitimate online home businesses who want to set up a good plan for SEO success focus so much on getting fast results that they forget the importance of the long term plan. Search engine optimization is not a short term quick fix; it tends to be more of a long term strategy that can at times also give some short term results.
Sales and the City
What kind of relationships is your sales approach creating? One night stands, or long-term productive partnerships. Learn to consistently create the latter. If you're a sales person, whose only relationship is with their commission, rather than your clients. You should consider a more meaningful, long-term and rewarding (financial and otherwise) sales relationship.

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