Small Business Valuation – EBITDA Vs SDE

Income, assets, and market are the three most popular approaches used to value a business. This article will focus on the different types of income used within the income methodology. Under the income approach, businesses are valued based on the profit the business generates. Buyers are more concerned with the amount of income that would be available to them if […]

Excel Macro Tips: Run an Excel Macro from the Immediate Window

This article will explain how to use the immediate window in the VBA debugging environment. This environment can be used as a kind of scratch area or sandbox and has many uses besides debugging code. If you can’t see the Immediate Window, you just need to enable it. It’s really simple. Open the Visual Basic Editor View immediate window Or […]

FASB Proposed Lease Accounting Changes: Impacts on Commercial Real Estate

Introduction: The Financial Accounting Standards Board (FASB) on August 17, 2010 published its “exposure draft” that requires companies to record almost all leases on their balance sheets as a “right-of-use” asset and a “payment of corresponding future lease – liability”. . What does this mean for your business in simple terms? This proposal essentially eliminates operating leases; all leases (unless […]

Professional Corporations – Advantages and Disadvantages

What is a professional corporation (PC)? A PC is a corporation that is owned and operated by one or more members of the same profession (for example, doctors, lawyers, accountants, dentists). The services provided by the company are generally restricted to the exercise of the profession. Professional corporations are now permitted in all Canadian provinces and territories. In each province/territory, […]

The dark side of Excel spreadsheet reconciliations

challenges We all love Excel. Spreadsheets may seem flexible for tracking your account data and completing your month-end closing process. But do you really know the damage and cost that Excel can cause in the month-end closing process, for you and your team? The problem with spreadsheets An expensive reality is not with Excel itself, but with the manual “Excel […]

Pros and Cons: Machine Embroidery vs. Hand Embroidery

If you are in the embroidery business, this can be a difficult decision. Do you outsource your work for hand embroidery or do you hire a machine embroidery company to do the work? Let’s look at the pros and cons of both options. Advantages of hand embroidery 1) Hand embroidery can create unique looks and beautiful pieces that are truly […]

The basics of the franchise

Franchising is a method of disseminating products or services. Franchising consists of a franchisor providing the use of a trademark or trade name and business system and a franchisee paying a franchise fee to become part of the franchise business as well as a royalty on a regular basis. For any franchisor to be successful, the majority of its franchisees […]

Is Blue Nile a Reputable Company?

Blue Nile a Reputable Blue Nile is a reputable company, with a 30-day money-back guarantee. Customers who are not satisfied with the quality or style of their ring can return it for a full refund within this time. The company also offers free ring resizing and lifetime cleaning and inspection. Returns take an average of 4-5 business days to process. […]