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Archive for the ‘Financial’ Category

The bravado in the Internet business is based on reliable information to see results exist. There is a very charming, which is based on the play “look at my candy,” “look at my toy”, “I’m going on vacation” …. ‘See how I win “…. Easy to say, and is easy to back it up with information you collect.

But the good side of this “announcement of sleep in advance,” if you remain good time, you end up making real money and become a specialist.

Good training

I think in the business over the Internet unless you’re a bully not win fast cash. Good training delay, while very little desire. But after a good training is inevitable earn well, but money is not the goal nor the means, even as first thought. Discover Why do I do? It has been, throughout history, the most powerful motivation for leading successful men. Imagine an emergency, for example you are an employee, you get a check later this month with which you pay your bills.

What if you suddenly stopped working again? There are so many cases. Your paycheck to make ends meet would go to zero. Then you need an income that does not depend on your work How could you do. What follows would be your financial education, control and use of mass media, social personality very relational, reach thousands of people, etc.., I see it, please tell me your opinion.

As we discover a braggart

In any country, pay taxes, if after a certain amount is required to pay a tax or the income statement. Who says you earn thousands of dollars on the Internet, of course have to be paying their taxes. I think it is difficult to bluff with a profitable business online, if you have in mind the tax. It is also important to see where they come from your income does the promise of good money?

The promises of good incomes generate very good sales, but also generates 98% of failures, people can not find the promise. As children prefer to learn by imitation. Usually children do not learn what they are told or advised, learn what they see, feel and live. You could be telling a story.

The financial manager plays a crucial role in the operation and success of companies. The role of the financier is from the budgeting, forecasting and cash management, credit management to the investment analysis and fundraisers.

Since that most business decisions are measured in financial terms, the role of financial manager in the operation of the enterprises is of vital importance, as well as all those areas that constitute the business organization, accounting, manufacturing, market, personnel, research and others, require a minimum knowledge of the financial management function.

The importance of the finance function depends largely on the size of the company. In small companies, the finance function is usually entrusted to the accounting department, but as the business grows, you must create a special department to work the financial area.

The financial manager must master the basics of both economics and accounting. You must know the prevailing economic framework, the changing levels of economic activity and changes in policy, for that referred to some.

There are two basic differences between finance and accounting: One is the treatment given to the funds, and the other decisions. The counter devotes his attention mainly to the method of accumulation, collection and reporting, the financial manager for its part, focuses on cash flow methods and decision-making.

The phrase performance or return on investment is related to one of the most important concepts in corporate finance.

Total assets employed in a business created the need for equivelente amount of funds that must be captured in financial markets. These funds must be paid at market rate.

Payment can only come from capital gains on the efficient use of assets. Relating these gains to the value of assets that generate them, we find the parameters of return on investment.

If these returns are equal to or greater than the cost of funds, then the business can be viable. However, if the return is lower, the business has no long-term future.

The value of the assets shown on the balance sheet and earnings are shown in the profit and loss account.

So, we relate the value of the profit and loss account with balance sheet value for profitability.

The concept of ROI is universal, but the measurement methods vary greatly. This lack of consistency causes confusion in the minds of many people, both the financial sector and other sectors.

Some even think that the Accountant and Financial Administrator fulfill the same role in business, remember that the formation of each is very similar, but the approach is different.

The practitioner is responsible for the accounts of the company, the collection withstand economic events experienced by the company in a given period, generating financial statements and a very important responsibility for the proper management of tax by the company.

Even before the Accountant was a bookkeeper because of the lack of technology, which made their work difficult and slow, now with the existing software, the practitioner has the ability to add value, diagnosing the company in its reality economic and financial.

But the question is: is that just the accounting information the practitioner can make economic projections, identify trends and formulate appropriate strategies against different economic situations that may arise in the organization?

Can we say that the accounts tells the counter as it has been the company, as it is and how will it be?

This is where the money manager gets to play an important fact due to the knowledge of external economic factors that influence the organization’s finances.

The financial manager must be intuitive in its decisions, bearing in mind that budgets are made at the mercy of the market, ie a change in market conditions can not meet the targets, demonstrating that the accounts can not know what happened and financial results earlier successes, are not guarantees of equal results in the future. Read the rest of this entry »

The role of financial manager is growing steadily due to the need for companies to be more competitive financially, which leads them to seek advice on financial professionals to achieve better economic performance and creating value in the organization.

It is said that the financial objective of maximizing the value of the company, which should focus on the main functions of the organization’s key financial, investment, financing and dividend decisions.

But the question is how financial statements and indicators are efficient in generating critical information for the organization?

You could say that while financial indicators are useful, they require the proper interpretation and application by the financier in order to obtain information that can be used in decision-making, and to use new financial tools such as global indicators that further complement the source of information and fail to take action in pursuit of economic growth in the company.

The global market should question the future financial manager on the important role it plays in business and the business environment as well as the need to anticipate events that may affect the economic stability of the organization, in the case of financial projections , the financier must calculate the cost may be an erroneous projection in their sales or lack of liquidity in the organization to cover its cash disbursements and some major tax changes, fiscal and monetary might divert completely the projection made, it is important the financial watch out for the global economy and determine how the company can be affected to the changes in international markets and the effects on exchange rates, inflation and interest rates. Read the rest of this entry »

Today the Internet has democratized many aspects of everyday life. Activities that were reserved for very exclusive elite are now available worldwide airlines, hotels, shops, expensive restaurants, and even the stock market on Wall Street.

The best example of this we are all we have done our first steps into the bag via the Internet. Access to online brokers has facilitated the buying and selling them more agile at the same time understandable to the masses. Suddenly we have become shareholders of Apple, Google, Telephonic and Santander, among others.

A greatly expanded financial product and is having a lot of demand lately are investment funds. Self-Bank (online bank quoted by several companies among which is the Caiman and Society General) is one of these online banks where you facilitate the acquisition and sale of mutual funds and a little advise if you have sufficient knowledge of stock and investment.

In the Web, have a fundraiser, which includes “The best funds” and “guaranteed funds” 3 options, which I highly recommend all of you who are taking your first steps in this investment fund.

You can also consult the “model portfolios” where you will find examples of portfolios in accordance with your profile (Conservative, Balanced, and Aggressive) and history of profitability of each in the last 4-5 years.

Those of you who have no idea about this that I tell you, do not panic, on the website of Self Bank you have a section called “The ABC of funds”, as its name indicates, we will remove doubts and I explain in great detail each and every one of the terminologies used in the domain of the funds and investments.

If the government meets, the announcement in 2011 to assess the Bolivian economy will suffer a negative impact in the short and medium term, especially in the field of exports, which become more expensive, they will lose competitiveness against other countries’ supply and therefore recorded a fall, exporters yesterday warned Bolivians.

Goran Vranicic, president of the Bolivian Chamber of Exporters (CANEB), said the purpose of government is facing a possible increase in inflation in the world, as explained by the Minister of Economy and Public Finance, Luis Arce, but the measure may backfire and create negative economic effects.

He explained that in the medium term, to appreciate the Bolivian imports would become cheaper for the direct benefit of domestic consumers but compete unfairly with domestic production, which seriously weakened its sales, shrink, therefore, investment and product active capacity to generate employment.

He said the government announcement comes amid registered trade confrontation between China and the United States, countries that are depreciating their currencies to make their products more competitive in world trade and to produce more and generate more employment in their own countries.

We would be among the few countries seeking cheaper imports that create jobs in the outside instead of promoting exports and create jobs in Bolivia for Bolivians, “said the representative of the CANEB.

Commercial transactions for the purchase or sale of goods or services for an amount exceeding 50 000 Bs, cannot be made in cash but by check and / or credit and debit cards from 1 February this year.

The new determination, which requires bills to be based on Article 20 of Law of the State General Budget 2011, which incorporates changes to the Tax Code so that “any purchase and sale of goods and services, for an amount exceeding to 50 000 Bs, takes place through a reliable means of payment that is authorized by the Supervisory Authority of the Financial System.

The president of the National Tax Service, Roberto Grate, in a note published in the newspaper Cambia, said that with this new control mechanism, which also participate the National Customs of Bolivia, were able to identify companies and people engaged in transactions and does not emit n invoice.

Told the daily that they pay for the purchase of goods which exceed 50 thousand Bolivians, they must do so through this source (check or credit card), and no cash, and that’s going to control people they buy a certain amount of products and sell it without extending the bill.

He said that if a person decides to buy a motorcycle or a vehicle whose price exceeds 50 000 boliviano, one should use reliable payment mechanisms (check or credit card, debit card or any other) to be set by the regulator the financial system.