by OverHeadWatch Team | Jun 23, 2017 | Budget Planning, Library Follow Consolidated financial statements might seem very difficult and confusing to many of you reading it for the very first time. But the purpose of writing this guide is to make it as clear for you all as possible. Consolidated financial statements are the combined financial statements of a holding … [Read more...] about The Easy Business Guide to Consolidated Financial Statements
Library
Cost of Labor: 5 Items It Involves to Be Complete
by OverHeadWatch Team | Oct 21, 2017 | Cost Reduction, Library Follow Businesses come with numerous expenses which entrepreneurs must understand for effective management. Learning what to spend money on makes budget allocation a less complicated process and improves accountability. Cost of labor is such an expense. This cost is what a company spends to recruit, … [Read more...] about Cost of Labor: 5 Items It Involves to Be Complete
Exempt and Nonexempt Employees: What Can This Difference Do?
by OverHeadWatch Team | Nov 16, 2017 | Budget Planning, Library Follow There are exempt and nonexempt employees. The two terms mean everything to a business owner. Yet, many are fuzzy on the differences between the two. What are workers exempt from? How does a person classify their employees? The Fair Labor Standards Act requires that an employee receives a … [Read more...] about Exempt and Nonexempt Employees: What Can This Difference Do?
Top 3 Reasons Why You Might Need a Fiduciary Liability Insurance
by OverHeadWatch Team | May 9, 2017 | Budget Planning, Library Follow An organization that is entrusted with the pension plans and benefits of its employees has to be very cautious about how it invests those funds. Fiduciaries are held to incredibly high standards. So any claims of mismanagement can bring the company down. Sometimes, it can be difficult for … [Read more...] about Top 3 Reasons Why You Might Need a Fiduciary Liability Insurance
Debt Service Coverage Ratio: How to Discover and Calculate It
by OverHeadWatch Team | Nov 14, 2017 | Budget Planning, Library Follow While it was once considered unacceptable to not be able to pay bills, debt has become commonplace in the United States. The vast amount of companies that exist here are no exception to this. In order to make money, they often have to keep a high level of debt on their books. Some of them are … [Read more...] about Debt Service Coverage Ratio: How to Discover and Calculate It