by Jerry Vance | Feb 6, 2016 | General Business
3 Economic Lessons from World Events Finance is useful in large part because of its ability to convert qualitative principles into quantitative dollar amounts. In a cost/benefit analysis a financial analyst converts both cost and benefit into a discounted cash flow... by Jerry Vance | Feb 6, 2016 | General Business, Uncategorized
Credit & Loan Options for Small Businesses Successful small businesses need credit to grow. Struggling small businesses need credit to survive. Here are five sources of funding that don’t require selling equity, pulling cash out of pocket, or begging from friends... by Jerry Vance | Jan 18, 2016 | General Business, Uncategorized
In Disney’s 1997 cartoon adaptation of the Greek legend of Hercules, the evil Hades says to his kindhearted-but-enslaved underling, “Meg, Meg, Meg, my sweet deluded little minion. Aren’t we forgetting one teensy-weensy, but ever so crucial little, tiny detail?”... by Jerry Vance | Jan 18, 2016 | General Business, Uncategorized
The term value is frequently misused. Dollar-store advertisers use it to mean that even though something is complete garbage, at least it’s cheap garbage. Portfolio managers use the term “value” to mean an underpriced-but-valuable asset. That’s better, but also... by Jerry Vance | Jan 18, 2016 | General Business, Uncategorized
Michael Porter, a well-known strategy professor at Harvard identified five forces that shape the profit-making potential of the average firm in the industry. The five forces are: rivalry, buyer power, supplier power, threat of new entrants, and the threat of...
