- Created on Tuesday, 03 September 2013 09:40
The day has come for the doors of your business to open. The paint is fresh on the walls, the business cards are professionally printed and the widgets are ready to be sold. There is a little money left in the bank but not enough to cover the rent for next month or payroll.
This means that the business is officially undercapitalized.
Undercapitalization means a business does not have and cannot obtain the funds required through equity or debt for current operational expenses or to pay creditors. With little money remaining to cover the operational costs, the business is exposed to risk and potentially bankruptcy.
- Created on Thursday, 29 August 2013 15:40
Rosa Parks' (1913-2005) contribution to the civil rights movement has been conveniently reduced by most historians to that fateful day in December of 1955 on which she inspired the Montgomery bus boycott by refusing to surrender her seat to a white person.
According to legend, the revered heroine's act of civil disobedience came as a consequence of her just being tired rather than as a result of any political strategy or sense of social conscious.
Truth be told, Rosa Parks had already been involved in the African-American struggle for equality for over a decade. Even as a child, she picked up a brick to defend herself when a racist boy tried to bully her. And as a teenager, she fought back against a white man who was sexually assaulting her, explaining, "If he wanted to kill me and rape a dead body, he was welcome, but he'd have to kill me first."
- Created on Wednesday, 28 August 2013 23:13
For movies opening Aug. 30, 2013
BIG BUDGET FILMS
"Closed Circuit" (R for profanity and brief violence) Legal thriller about a couple of ex-lover lawyers (Eric Bana and Rebecca Hall) whose lives are threatened when they decide to defend the prime suspect (Dennis Moschitto) in the terrorist bombing of a bustling London market. With Jim Broadbent, Ciaran Hinds and Claudia Simmons-Howe.
- Created on Tuesday, 27 August 2013 08:51
LIVING THE LIFE I LOVE Dear Lucy: I am a breast cancer survivor. I had a mastectomy almost 20 years ago. I had chemo and radiation. Recently the cancer has come back. I changed my diet to strict vegetarian, I exercised, I totally changed my lifestyle. I am a praying woman and I just feel like this is unfair and scary. Is there something I missed?
– So Afraid and Tired
Dear Precious One: Please accept my outpouring of love to you. This is an often-repeated story with many types of cancer. There are many new and powerful treatments and diagnostic tools available today and I am sure that you have been a good steward of your physical health. I am also sure that you will consult and follow your physician's advice as one should always do as you seek direction through prayer. The opinion that I share with you is not intended to be medical in any way.
- Created on Tuesday, 27 August 2013 08:25
One of the most precious assets that you are likely to possess as you progress through life is your home. Owning their own homes is something that most Americans strive for.
Unfortunately, for the vast majority of people, one of the major drawbacks in owning a home is the long-term mortgage that must be paid off. Mortgages often stretch out 30 years with interest and principal repayments.
Most mortgage repayments are made on a monthly basis. However, arranging to make payments biweekly can have a dramatic effect on the amount of money you have to pay and the time frame before it is all paid off.