Online depreciation – a challenge for XXI century accountants

What is depreciation? What is online depreciation? Why are they different? Let’s say that you buy a car for £20’000.  So after buying it, the value is £20’000. Easy. Also, if after one year you try to sell it, the price would be lower than £20’000. It’s a used car. Every year the value of the car goes down. This change … Read More

Competing against a free product

Competing against a free product is possible. There is an industry thriving against a free, highly distributed and easy to use product – look at some of these ideas and compare them to your industry

How to get your name printed in the Financial Time (I’m famous, sort of)

Hi all, a post to share a good news! I’ve successfully completed the Financial Time Non-executive Director diploma. YEAH! This is important because: my mum can finally be proud of my post-graduate studies (there is something) I had my name printed in the Financial Time for the first time (see image) I’m now comfortable with most aspects of boards’ responsibilities … Read More

Short definitions – Profit and Loss, Balance sheet and Cash flow

Accounting definition

I’ll try to explain things that took me ages to understand in one line (almost). I hope it will help you avoid my frustration.

Unpaid overtime – how is it impacting your finances?

unpaid overtime

As an employee, company owner or future entrepreneur, unpaid overtime will play a very important part in your finances, human resources management and success. This article will explore what unpaid overtime means for Entrepreneurs and employees and how it measures your business success.