Paying Too Much Attention Can Cost You
Paying Too Much Attention Can Cost You

Sales and financial pitfalls. What do these two have in common? Let me give you two hints:

You walk into a retail store advertising 50 percent off store wide sale. You walk out the store after spending $150. Your budget was $80. Although it was over your budget, you did manage to walk out the store with more items for $150 than you could have without the sale.

When reading “financial crisis of 2008 to 2010” what images and emotions come to mind?

What they both have in common is fixation. For the majority of people, our minds are preoccupied with the idea of saving money on a sale and a memorable moment impressed upon our frontal lobe that seems to never fade.

The advertisement of a sale has no advantage unless you are saving money. Typically, we tend to overspend when there’s a sale which makes it difficult to …

Accounting, Auditing and Reporting in Thailand

Accounting period

Newly established business entities can choose a date for the initial accounting period. After that, accounts must be closed every twelve months.

If an entity wants to change its accounting period, it must obtain written approval from the Commercial Registration Department and the Revenue Department.

Accounting, Auditing and Reporting in Thailand

Account Book

The Accounts Act 2000 regulates the rules regarding accounting of accounts and supporting documents.

The law also stipulates qualifications from bookkeepers, who must be Thai residents, proficient in Thai, and graduates from vocational high schools or universities with a minimum Bachelor of Accounting degree.

The Civil and Commercial Code also provides general rules about accounts that must be maintained.

Recording accounting entries can be done in English, but a Thai translation must be added. All accounting entries must be written in ink, typed or printed. The computerized accounting system should be registered with the Department of Commerce and the Department of …

A Short Guide to Stocks and Shares

When an investor buys shares in a company or organization, they effectively buy part of that company or organization, or part of it if you want. Furthermore, the company’s performance will determine the value of shares, and overall investment. Because stock performance is related to earnings, companies that perform well will see an increase in the value of shares, with the opposite effect associated with companies that perform poorly.

Investors in a company are called shareholders, and they receive payments in the form of dividend payments that fluctuate in the company’s overall performance.

Investments in stocks are also known as ‘stocks’ and ‘equity’, and the stock market falls into two separate categories, the primary market and the secondary market.

A Short Guide to Stocks and Shares

Company Motives

There is only one reason for companies to sell shares and that is to increase capital to develop it. The company does this in two ways.

Main market

Issuing …

The Importance of Writing a Business Program

If you’ve started a business, you might or may not have written a enterprise strategy. After all, writing one can be a extended, tedious procedure and takes up time you could be spending marketing and advertising and promoting. So why need to you take per week out of one’s hectic schedule to put collectively a small business plan?

The largest misconception among entrepreneurs regarding the significance in the enterprise strategy is what worth it adds to the venture. The truth is the fact that the program itself only adds minimal value. The actual process of researching your marketplace, sector and competitors and organizing your marketing and implementation program could be the critical portion.

You could possibly believe that you simply have each little detail laid out within your head, including Plan B and Strategy C, but unless you may have written a detailed small business strategy, you don’t. …

Security and Blockchain

In the development of technologies such as blockchain, there is internal logic, because they rely on the objective laws of physics and mathematics, but a person can control them and put them at their service. Any attempt to prohibit or stop this movement is doomed to failure.

Security and Blockchain

In the development of technologies such as blockchain, there is internal logic, because they rely on the objective laws of physics and mathematics, but a person can control them and put them at their service. Any attempt to prohibit or stop this movement is doomed to failure. Why fight the objective laws of development, is it not better to try to understand them and benefit from them.

Just think: 30 years ago, in the early 1990s, the most reputable media seriously believed that the Internet would never become truly popular. The largest media experts confidently said that their audience would never want to …