Countries over the years have adopted as a policy the deliberate downward adjustment of the value of their money relative to another currency, group of currencies, or currency standard. Countries that have a fixed exchange ..Read More
Shrinkflation occurs when firms reduce the size or quantity of a good and keep prices the same. Shrinkflation is an alternative to inflation. Rather than increasing prices you get a smaller quantity.
Unicorns are privately held startup companies valued at over $1 billion The term was made popular in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the rarity of such successful ventures. there are now 30 unicorns with over $10 billion valuation in the world, They have been given the name “decacorn”.
Forensic auditing is a specialty in the accounting industry, and most accounting firms have a forensic audit department. It covers a wide range of investigative activities, often conducting steps to prosecute a party for fraud, embezzlement, or other financial crimes. It could also involve situations, such as disputes related to bankruptcy filings, business closures, and divorces..Read more
Companies often grow by taking over their competitors, acquiring a hot startup, or merging with the competition. Public companies need the approval of their shareholders and board of directors in order to get a deal done. However, ..Read more
We have seen many companies have mission statements, but what is the purpose, what does it achieve? A corporate mission statement is an enthusiasm and passion that lights up employees, delights customers, and shines for investors…..Read more
One of the biggest questions you’ll need to answer as you formulate plans to start your business is where you will locate it. Will you work from home or set up an office, storefront or other commercial space? If you’re trying to decide whether to start a home-based business vs. brick and mortar business, each option has pluses and minuses….Read me
That document containing business goals, the methods on how these goal can be achieved and when they would be achieved is a Business plan. Funders (whether a bank or an investor) and business promoters want a business plan to answer these questions:….Read me
