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Monthly Archives: December 2018

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What is Equity?

By | 2018-08-23T17:42:49+00:00 December 28th, 2018|Categories: Accounting, Finance|Tags: , , , , , |

As part of our efforts to educate and inform our readers, we at OnlineAdvisor.com provide some beneficial financial literacy information.  We present topics and concepts which affect our readers so that they can make the best decisions.  This brief description of equity is part of our financial literacy efforts. This information may seem very simplistic.  We [...]

What are Liabilities?

By | 2018-08-23T17:40:01+00:00 December 27th, 2018|Categories: Finance|Tags: , , , , , |

As part of OnlineAdvisor's efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  For this article, we cover the concept of liabilities. A Brief Definition Liabilities represent company's financial debt or obligations. They include loans, accounts payable, mortgages, deferred revenues and accrued expenses.  A great definition of a liability refers to [...]

What are Assets?

By | 2018-08-23T17:37:14+00:00 December 26th, 2018|Categories: Finance|Tags: , , , , |

Within a balance sheet, there is a category that lists the value of assets in the organization.  An asset is a resource of a company that it exclusively owns.  It is a resource that is “scarce.” Also, it is able to produce economic benefit by generating cash inflows or decreasing cash outflows.  Simply stated, selling it [...]

What are Accounts Receivable?

By | 2018-08-24T13:47:10+00:00 December 24th, 2018|Categories: Accounting, Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  The concept of accounts receivable is an important one for executives, especially those responsible for sales departments.  The reason is simple: customers who do not pay their invoices to the company will eventually lose the opportunity to buy.  [...]

The Positive Results of a Team Member’s Departure

By | 2018-08-23T17:33:24+00:00 December 23rd, 2018|Categories: Human Resources, Team Building|Tags: , , , , |

If you read the title of this article, you may be thinking to yourself: how can there be positive results from a team member's departure?  If you consider the circumstances and implement the right strategy, there are potential positive results to be gained.  Whether that team member was a positive or negative influence, the opportunity of [...]

Book Report: “Launch: How to Quickly Propel Your Business Beyond the Competition” by Michael Stelzner

By | 2018-08-23T14:36:14+00:00 December 22nd, 2018|Categories: Business Education, Uncategorized|Tags: , , , , , , , |

During my first visit at the Social Media Marketing World convention in San Diego, I had the pleasure of hearing Mike Stelzner present the keynote address for the convention. Mike Stelzner is the President of the Social Media Examiner website, which hosts the convention. He did a great job in his presentation and his knowledge of [...]

What are Accounts Payable?

By | 2018-08-23T17:35:44+00:00 December 21st, 2018|Categories: Accounting, Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  The concept of accounts payable is an important area of financial management.  Let's cover the details of what it is and what it means. Definition Accounts payable is an accounting entry that represents an entity's obligation to pay [...]

Three Important Financial Reports

By | 2018-08-23T17:34:11+00:00 December 20th, 2018|Categories: Business Strategies, Finance|Tags: , , , , , |

In this article, we introduce three important financial reports: A balance sheet An income (or profit and loss) statement A cash flow statement In fact, every publicly traded company – a company that allows people to buy stock in it – provides these reports for their shareholders. For example, go to this link and you can [...]

The Hard Lessons – I Can Do This

By | 2018-08-23T17:31:48+00:00 December 19th, 2018|Categories: Personal Development, The Hard Lessons|Tags: , , , |

Life is full of challenges. It starts when we're newborns and then it continues throughout our lives. In this month's "The Hard Lesson - I Can Do This", let's cover the question that we are facing on a daily basis: can I do this? I remember talking to a man many years ago about his future. [...]

The Importance of Your External Team

By | 2018-08-23T17:32:26+00:00 December 18th, 2018|Categories: Personal Development|Tags: , , , , |

As a leader, you need to have a group of advisors and experts outside of your organization. The importance of your external team is really important, not only for your success, but also for your peace of mind. We all know that we can't know everything or track everything that is important for our personal and [...]