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Accounting: The gradual conversion of the cost of a tangible capital asset or fixed asset into an operational expense (called depreciation expense) over the asset's estimated useful life.

The objectives of computing depreciation are to (1) reflect reduction in the book value of the asset due to obsolescence ... more

Correlation vs. Causation

When looking at the relationship between two things, correlation and causation are concepts that are often confused. Correlation refers to things that appear to have some form of consistent ... Read Full Article

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9 Ways to Develop Consistant Revenue Streams (1 of 9)

by GoldBusinessTips

1. Monthly Services - Many freelance or service based companies have opportunities to offer monthly services/subscriptions yet completely pass them up! The trick with most subscription based revenue streams is to make them affordable for companies, and quick/easy on your end. You don’t want them to interfere with more lucrative projects, only increase the bottom line and help the slow months. Th ...Read more

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