Going concern value and the definition of going concern. Broadly speaking going concern is referring to a business operating at a profit, which is expected to trade for the foreseeable future.
The foreseeable future for this purpose is normally regarded as 12 months. Going concern value is key if you are selling a business as a going concern. Likewise if you are buying a business as a going concern, you will be keen to know whether the business is likely to continue trading into the foreseeable future.
The value of a business will be adversely affected if it’s not considered to be a going concern. In this case either a liquidation value or a receivership value will be placed on the business.
This article is to help business owners and entrepreneurs understand a business’s profit and loss. The article looks at profit and loss formulas with detailed examples, together with gross and net profit calculators.
Explaining key terms, which includes ‘Accruals Basis of Accounting’ and ‘The Matching Principle’.
Profit and loss formulas explained in the article include the gross profit margin, the net profit formula and EBITDA margin. Also profit and loss problems are explained.
Simon Coulson is the definition of an interpreneur or an internet-entrepreneur. He went from a BT employee to making over £20 million in revenues from his online businesses. His story began by selling a how-to guide on buying property in Bulgaria, to creating many profitable online businesses.
To follow in Simon’s footsteps and be a successful interpreneur, you simply need to find your niche. If your niche has a big enough audience you could be the next big online entrepreneur.
Simon teaches how he made his millions at The Internet Business School. This hands-on three-day course teaches you everything from building websites to SEO and social media.
Difference between IaaS PaaS and SaaS in tabular form This article is about the ‘difference between IaaS PaaS and SaaS in tabular form‘. The reason for this article is that many entrepreneurs and intrapreneurs are looking to understand the differences