Category: Social, Technology Tags: Asset, Business, Company, Employment, Income tax, Internal Revenue Service, Medicare, Salary, Small business, Tax
NYC: American Intl Building and Manhattan Company Building (Photo credit: wallyg)
No health deteriorates overnight. Sure we have heard of cancer, liver and kidney failure – but there are always some signals. Ignore them, and you are dead.
Similarly there are some signals that you can pick up from a business that warns you about a possible failure in the near future
1. In ability to pay the statutory dues: this could be Service Tax, Income tax, TDS made from vendor/ employee payments. ….When you are running out of cash to make these payments, see what is going wrong asap.
2. You have some white elephant assets, but your top management refuses to part with those assets saying ‘these are strategic assets’.
3. Not paying salaries on time. After the government and the vendors, the salaries of your own employees are delayed.
4. Directors offering to differ their own salary and that of their top management.
5. Customer complaints and employees attrition: The customers and employees who walk with their talent. When they go they cause two types of damages – they take a few more clients, and sometimes a lot more employees too.
6. Raising more money- but using it in working capital. This is actually increasing your total overall costs, because of the higher interest amounts. It could also be a signal of the average days outstanding.
The author P V Subramanyam is a Chartered Accountant by qualification and a financial trainer by profession. Writing being a passion he also regularly pens his thought in his blogSubramoney.com
Source:- http://in.finance.yahoo.com
Oct
5
By pratyushkp
5 Tips for Dealing with Negativity on Your Blog
Category: Social, Technology Tags: Blog, Business, Comments, facebook, Forum (legal), Freelancer, Jack Meyer, Mean, Negative feedback, social media, twitter Leave a Comment
It’s almost inevitable that as you become more well-known in the blogging world you will eventually have to deal with negative feedback. Whether it’s someone critiquing the way you write or the decisions you make, negative commenters are always lurking in the shadows waiting to strike. How you respond to these comments, however, is what can make or break you as a blogger. If you are the recipient of a negative comment, keep these five tips in mind before you respond: