Category: Business

How much does it cost to buy a franchise?

Buying a franchise can be a great way to own your own business. When you buy a franchise, you buy the right to use an established brand; as well as all the systems and processes that you will need to operate that business on a day-to-day basis. You will...

How to calculate the intrinsic value of stocks like Warren Buffett

One of the most sought after calculations in all investments is Warren Buffett’s intrinsic value formula. Although it may seem elusive to most, for anyone who has studied Buffett’s Columbia business professor Benjamin Graham, the calculation becomes more obvious. Remember that the intrinsic value formula that Buffett uses is...

The 80/20 rule, process, and pragmatism

Most people have been exposed to the 80/20 rule at some point in their lives. This is widely used to indicate that with 20% of your effort you can achieve 80% of your desired results. The rule is often referenced in the context of whether it is worth trying...

How to calculate time and a half salary

In the United States and many other countries, there is a standard length of the work week, generally 40 hours at work; If an employer wants an employee to work more than 40 hours in a given week, they must pay what is called a “time and a half”...

Basic Mathematical Facts: Combining Like Terms

In math, you have four main operations: addition, subtraction, multiplication, and division. Since subtraction is the reverse of addition, multiplication is repeated addition, and division is the reverse of multiplication, you will see that the other three operations are indirectly derived from addition. In this sense, there is really...

Search engine marketing hype that kills small businesses

Think about the first thing you heard about “marketing a website” on the web. 99% of the time, the first words someone hears are “search engine marketing.” Or something like the phrase. And from that moment on, the hammering of misinformation never abates. You are led to believe that...

The Real Professional Risks of Entrepreneurship

Most people are perfectly comfortable working for someone else. They have no desire to start their own business, mostly because they perceive entrepreneurship as a high-risk option. Most of these concerns boil down to four types of risk: financial, career, lifestyle, and ego. They imagine that the potential for...

What is a computer motherboard?

All vital internal components of a computer system are connected to a flat, rectangular circuit board known as the computer’s motherboard. If the CPU is known as the “brain” of a computer, you can think of the motherboard as the “heart”. In computer terminology, the motherboard is also called...

What is the difference between stocks and bonds?

There are two main asset classes: stocks and bonds. Sure, international stocks, real estate, and commodities all have a share in most people’s portfolios too, but you really only need the two mentioned above to achieve a minimal level of diversification. Therefore, the question of stocks versus bonds is...