Since my experience with start-ups began a few years back, I have seen many examples of top-down forecasting that has left many venture capitalists wondering if the speaker had any credibility whatsoever. Top-down forecasting is taking the market level from it’s highest point and working down to come up with your sales figures.
Tag Archives: Finance & Accounting
Think your offshore tax haven is protected? Think again…
The U.S. Senate is proposing two bills to get a stronghold on the abuse of offshore tax havens. For those of you not sure of what this is, an offshore account is a bank account located outside the country of residence of the account holder, and typically in a low tax jurisdiction that provides financialContinue reading “Think your offshore tax haven is protected? Think again…”
Accountants Celebrate! No New Accounting Rules for 3 Years?!
That sounds like sweet music to my ears! Of course, the SEC has yet to suggest a date by which U.S. companies have to adopt IFRS rules, and the thought of such a massive switch is the current topic of discussion at some of the hard partying accounting functions in the country (think fraternity kegContinue reading “Accountants Celebrate! No New Accounting Rules for 3 Years?!”
The Simplicity of FROs (and we’re not talking about the 70’s style hair-do)
As the opening bell was rung by Don Montanaro on May 8th, the creator of Fixed Return Options (FROs), he was hoping to see a new era of trading by bringing in a more simple way of option trading. FROs, simply put, pays out in either an all or nothing structure that alleviates the painsContinue reading “The Simplicity of FROs (and we’re not talking about the 70’s style hair-do)”