The world of crypto, blockchains and decentralized finance can be a confusing and complex place. It does not help that there seems to be a new development in the industry every month. These matters are further complicated due to...
How to Use Incremental Analysis to Improve Your Bottom Line
Using incremental analysis to improve profitability will increase your margins and boost your bottom line. When your order book expands, you will have an excess of business, but at a...
Reverse culture shock is an intense and often uncomfortable experience. It can take you on a roller coaster ride of emotions. Fortunately, there are a few ways to combat these emotions during the re-entry process. Here are the Stages...
What is a lease extension and why would you need one
A lease extension is when a tenant and landlord agree to extend the length of a lease. This can be either be done verbally or in writing. The main...
How to Use a Leadership Grid to Identify Leadership Styles
A leadership grid is a powerful tool to help you understand the areas in your management style that need improvement. While your ideal leadership style is probably close to that...
What is the housing expense ratio and why is it important
The housing expense ratio is a key metric used by lenders to determine whether a borrower can afford a loan. The ratio is calculated by dividing the monthly mortgage...
If you own a business, you may want to study Publication 463. This document contains information about deductions for qualified business expenses. You can also take advantage of tax breaks on entertainment and car expenses. This publication can help...
What is a lender of last resort
A lender of last resort is a financial institution that provides loans to banks or other financial institutions when they are in need of funds. This type of lender is typically the central...
What is a Voluntary Lien
A Voluntary Lien is a debt that the borrower has agreed to pay. This type of debt is often in the form of a loan, but can also be something like a mortgage or lease....
What is an Attorney-In-Fact
In the legal world, an attorney-in-fact is someone who has been appointed to act on another person's behalf. This can be done through a legal document known as a power of attorney. The person granting the...