This article presents some explanations about the Sarbanes-Oxley 2002 seven years after its enactment by the United States of America. Due to the recent economic conduct of some person (businessman or accountant) or company (such as Enron or WorldCom), the United States of America realized the need to put into effect a new federal legislation:…
Category: Business
Accounting software can be sophisticated or simple, but rarely both
Accounting software is a system for recording financial transactions on a computer through a full range of accounting options that almost invariably depend on the size of the business being served. Financial software can range from a multi-million pound solution for major public companies to simple managed income and expense lists. Account software requirements are…
Lease what depreciates – Buy what appreciates
Many years ago, the great John Paul Getty, who once held the title of being the world’s rich man, made the statement “Rent what you appreciate – Buy what you appreciate” as a basic philosophy that businesses should follow. prudent. Most of us in the leasing industry keep the statement in our arsenal as a…
How to prepare a cleaning budget
Cleaning is one of the hotel departments that has the highest amount of expenses and consumables. Items such as toiletries such as shampoo, conditioner, body lotion or moisturizer, eau de toilette, face and body soap; bath towel, hand towel, face towel, bath mat, bathrobe, rubber mat; bed sheet, pillow, pillowcase, cushion, neck pillow, mattress pad,…
Handling difficult tenants
In our previous post, we have talked about how tenants can deal with difficult landlords. This time, we will argue backwards. What if your tenants are difficult to deal with after you’ve let them sign the lease? Here are some tips. Have confidence. Confidence is a key aspect when facing difficulties. And this does not…
Pennsylvania Labor Laws
The Fair Labor Standards Act (FLSA), enacted and enforced by the United States Department of Labor, sets national standards for minimum wage and overtime. The Pennsylvania Department of Labor is responsible for following the FLSA, as well as additional Pennsylvania-specific labor laws. If you are a Pennsylvania employee, it is important to familiarize yourself with…
Bad Debt Home Equity Loans: 6 Steps Before Getting a Loan Specialist
A bad credit rating has a big impact on all types of loans. If you’re one of those with bad credit but desperately in need of a home equity loan, know that you may be applying for a bad debt loan. If you’ve started your research online, you may already know that bad debt home…
Non-profit payroll
Nonprofits face unique situations when dealing with payroll and payroll taxes for their employees. Here we address many of the common payroll situations for non-profit payroll. Nonprofit Payroll – Employee Records There are many state and federal laws and regulations regarding employee records that can be confusing and sometimes contradictory. What employee records should you…
Affiliate marketing: website or not
You’ve probably read that you don’t need a website to start earning online, there is some truth to this, but in my experience, a website plays a vital role in the difference between earning hundreds a month and earning thousands a month. Don’t panic if you have no idea where or how to create a…
The Virtual Real Estate Salesperson: How to Become a Turnkey Website Reseller
Turnkey websites are hot sellers on the internet. In fact, they are so popular that they have spawned an entirely new business genre: the turnkey website reseller. This form of virtual real estate sales can be a lucrative online business. Turnkey sites are essentially pre-built websites. They are the virtual equivalent of the “modular home”….