Kapoor Ed. Pride in PDF. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Skip to content Close Menu Adventure. He has authored college textbooks in personal finance and business mathematics and served as a content consultant for two popular national television series Jack R. Related Posts. The main purpose of the book is to help both…. Friendship, Kindness,…. The leading U. Gateways to Art Third Edition : A….
Steal the show is written by Michael Port. Others ride the winds of change and seize the amazing opportunities it brings. Discover ten habits to recognize and maximize the gifts of change. Be the boss people want to give percent for. Discover the top ten strategies proven to help you make the best first impression possible. My name is Meir Liraz and I'm the author of this book.
This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.
And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time. By the way, one optional way to finance a new business is by way of applying for free government money and loans, see here: How to get free government grants.
Click Here! You are responsible for everything that happens in your life. Learn to accept total responsibility for yourself.
In this video you'll discover 90 powerful tips and strategies to better manage yourself for success. How to become the boss everyone loves to praise, rather than the boss everyone loves to hate! When a member of staff does a job well, make sure you notice it, and acknowledge her or him for it.
Don't let the opportunity to praise a piece of good work go by. If you are annoyed with someone on your team, or they have done something wrong, make sure you keep your cool, especially in public.
If you humiliate someone, he or she will hold a grudge against you, and their work will suffer too. If you don't make mistakes, chances are you are not stretching yourself. If your staff are allowed to feel that mistakes are part of reaching for new highs, rather than something to feel bad about, or shamed for, then they will take more risks on your behalf.
Take time to get to know your staff, who they are, who is important in their lives, etc. Be interested in them as people, not just as workers. Be human and friendly with your staff - that way you will all be able to support and encourage each other when things are tough.
Allow your staff to feel that they can come and talk to you about sensitive issues, about inside- and outside-work difficulties, and that you will respect them, and not hold what they share against them. If you get it wrong, say so. Managers don't have to be infallible! Your staff will respect you more if you are able to admit your mistakes, and then set about sorting out a solution. Listen in such a way that your employees will talk to you.
Finance of Non-profit Organizations 3. Business Finance. Finance of Non-Profit Organizations Includes private undertakings such as charity, religion, and some private educational institutions. Categories of Business Finance 1. Small business finance 2. Corporation finance 3. Multinational business finance. The Goals of Business Finance 1. Maximizing profit 2. Maximizing profitability 3. Maximizing profit subject to cash constraints 4.
Maximizing net present worth, and 5. Seeking an optimum position along a risk- return frontier. Maximizing Profit Maximizing profit means realizing the highest possible peso or dollar income. A firm, for instance, may seek to double its peso or dollar income for the current year. This framework, however, is not very useful in making sound financial decision. The amount of profit earned by the firm is not adequate to evaluate its performance.
For instance, the net income of XYZ company for a certain year in the amount of PhpM does not provide much useful information for the investor or financial manager. Maximizing Profitability When a firm decides on obtaining a higher rate of return on its investment, it is said to be maximizing profitability.
Maximizing Profit Subject to Cash Constraint In the quest for profit maximization, undue emphasis is sometimes placed on cash balance. Maintaining too large a cash balance reduces the chance of a favorable rate of return, while running out of cash when needed is disastrous.
The ideal set-up is to maximize profits, while at the same time maintaining a cash balance that can take care of cash requirements anytime. This condition is especially critical in the operation of banks. Maximizing Net Present Worth Under the net present worth concept, the objective of the firm is to maximize the current value of the company to its owners.
The net present worth of the firm is equal to the value now of the firm plus values arising in the future. The present worth of values arising in the future are computed and added to the present worth of the other values of the firm. Present values may be better understood by way of knowing the concept of the time value of money. Time Value of Money This concept indicates that money increases in value with the passing of time.
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