Warby Parker, the eyewear company, is “aggressively expanding its bricks-and-mortar footprint and says it is on track to open 35 new stores this year”, according to the Wall Street Journal. Now, that may seem strange after the pandemic, but the business has noticed a consumer trend. Many shoppers want a hybrid buying experience. […]
Managing Your Business Finances Is Likely Harder Than You Think
in Entrepreneurship/by Kenneth W. BoydWhen it comes to your business finances, managing them is likely a lot harder than you think. When you first start out, there are very few things that need to be done at any given time by you alone, which is why you have time to go through the business finances. However, as your business […]
Struggling To Stay Within Your Business Budget? Use These Tips To Save Money
in Entrepreneurship/by Kenneth W. BoydSetting a business budget is essential if you want to make as much profit as possible. If you allow yourself to spend aimlessly, then you will likely not maximize your potential profit. A budget helps you stay within your means and make better financial decisions. If you are struggling to stick to your business […]
What a Red-Hot Stock Market Teaches Us About Shareholder Returns
in Personal Finance/by Kenneth W. BoydIt’s the summer of 2021, and the market is on a tear. As of 7/27/21, the Standard and Poor’s 500 Index (a basket of 500 large company stocks) is near a record high- up nearly 36% in the last 12 months. So, if you’re an investor, how much are you earning on your stock […]
What Inflation Concerns Teach Us About Business Operating Cycle
in Accounting/by Kenneth W. BoydIt’s the summer of 2021, and prices on many goods and services are increasing. Businesses are paying more for raw materials, and qualified workers hard to find. It’s getting more expensive to produce products and services, and firms are under pressure to increase prices. Two questions may keep business owners up at night: […]
What Las Vegas Conventions Teach Us About Relevant Costs and Special Orders
in Accounting/by Kenneth W. BoydIt’s July of 2021, and The Wall Street Journal reports that big Las Vegas Mega-Conventions are making a comeback. Many industries host conventions in Sin City, and these events can lead to large orders and new business relationships. But here’s the real question: Is the new business gained at a convention profitable? Specifically, what […]
Financing Your Home Renovations: Where to Start
in Personal Finance/by Kenneth W. BoydWhen we buy a home, we tend to spend a whole lot of time browsing the housing market, actively searching for something that meets all of our needs. We ensure it has enough rooms and all the different features we’re looking for in a property. But as time goes on, many of us find that […]
The First Steps to Financial Freedom
in Personal Finance/by Kenneth W. BoydFinancial freedom has become a catch-all term for anything from becoming a millionaire to being able to balance your budget with ease every month. Being financially free means that you can make the decisions about your finances without a great deal of stress. Freedom also means that the stress around your finances is removed. […]
Signs You’re Bad At Saving Money
in Personal Finance/by Kenneth W. BoydIt doesn’t matter what you earn, saving money is something that everybody should try to do for their own financial future. Saving money isn’t a skill you should be born with. You can learn all the skills you need to build your wealth. The first step is to acknowledge that you aren’t great at saving. […]
What the Warby Parker Stores Teach Us About Capital Budgeting
in Accounting/by Kenneth W. BoydWarby Parker, the eyewear company, is “aggressively expanding its bricks-and-mortar footprint and says it is on track to open 35 new stores this year”, according to the Wall Street Journal. Now, that may seem strange after the pandemic, but the business has noticed a consumer trend. Many shoppers want a hybrid buying experience. […]
How Online Learning Helps Students Move Forward in the Pandemic
in Personal Finance/by Kenneth W. BoydThe way people do things has changed drastically during the pandemic. There are a lot of things you may be familiar with that have become different right now. From work to school, people have been forced to adapt and adjust to how things have moved from outside the home to within their homes. Online […]