So, any sales from that email are a huge bonus. Start building your online business today By Ian McConnell 0 Shares. Writing and selling short reports can be one of the most profitable ways to make money online. Getting affiliates and joint venture partners to promote it for a commission.
Tell people about your report — friends, your list, social contacts, etc. Blog about it and search engine optimize your blog post. Use article marketing, like submitting to EzineArticles. Lewis on January 23, Decide on a time frame. Before you begin, you will need to determine the period of time your financial report will cover. Most financial reports are prepared quarterly and annually, although some companies also prepare them on a monthly basis.
To determine the period of time your financial report should cover, review the governing documents of your organization, such as the bylaws, corporate charter or articles of incorporation. These documents may describe how often the financial report should be prepared. Ask an executive at your organization how frequently reports are expected to be prepared. If you are the executive of your own organization, consider when the financial report would be most useful to you and select that as your financial report date.
Next, you'll need to make sure everything in your ledgers is up to date and properly recorded. Your financial report will not be useful to readers unless the underlying accounting data is correct. For example, make sure all accounts payable and receivable have been processed, verify that the bank reconciliation is complete, and ascertain whether all inventory purchases and product sales have been recorded.
You'll also need to consider any liabilities that may be unrecorded as of the financial report date. For example, has the company received any services that have not been invoiced? Are employees owed wages that have not yet been paid? These items represent accrued liabilities and must be recorded in the financial statements. Gather any missing information. If your review of the ledgers reveals any missing information, track down any pertinent documents you'll need to ensure that your financial report is complete and correct.
Set up the balance sheet page. A balance sheet shows the company's assets what it owns , liabilities what it owes and equity accounts, such as common stock and additional paid-in capital for a specific date.
The balance sheet items are reported as of a specific day of the year. For example, the balance may be prepared as of December Format your balance sheet appropriately. Start with current assets, such as cash and any items that will be converted to cash within one year of the balance sheet date. At the end of this section, include a subtotal of the current assets. Non-current assets are defined as any assets that are not in the form of cash and will not be converted to cash any time soon.
For example, property, equipment and notes receivable are non-current assets. Include a subtotal of the non-current assets. The next section of the balance sheet shows the liabilities and equity accounts. These are liabilities that are due within one year, and typically include accounts payable, accrued liabilities and the short-term portion of mortgages and other loan payments.
Include a subtotal of the current liabilities. These are any liabilities that will not be settled within one year, such as long-term debt and notes payable. Include a subtotal of long-term liabilities. List all sources of equity. The equity section of the balance sheet comes after the liabilities portion and shows the amount of money the company would have left if all its assets were sold and liabilities paid off.
Add up the liabilities and equity. If this is the case, then your balance sheet is now complete and you can begin preparing the income statement. As mentioned previously, this is the money that would be left over if all assets were sold and all liabilities paid.
Hence, liabilities plus equity should be equal to assets. If the balance sheet does not balance, double check your work. You may have omitted or miscategorized one of your accounts. Her latest book, 10 Takes: Pacific Northwest Writers , was published by Gladeye Press. Business, Career, and Finance B.
This site is no longer functioning. Brazen formerly Brazen Careerist will pay if you pre-arrange it with their editor. They run posts about the CEO lifestyle, success stories, interviews, and other reported features of interest to business leaders. They list a blackhole editorial email address, but I recently tweeted them about how to submit a pitch, and they suggested hitting up the managing editor, Koa Beck.
Be prepared to negotiate to get a better rate. Mirasee is currently paying only for posts they commission. Unsolicited posts are unpaid. Penny Hoarder shares money-saving ideas. Articles must be submitted on spec. They occasionally post requests for articles on specific topics , which might get you closer to that big paycheck. Know the frum life to succeed here, and email ebraverman aish. They do accept reported features and other article types, and pay rates may vary for those. This publication is closed to submissions from December 13, to January 10, Check their guidelines for a list of current needs.
The Toast pays for essays. Negotiate your rate as part of the pitching process. The Toast is closing July 1, , and is no longer accepting submissions. Certain content will fold into InStyle. You may have to do some sleuthing to find contact info for an editor.
What is a Report? In academia there is some overlap between reports and essays, and the two words are sometimes used interchangeably, but reports are more likely to be needed for business, scientific and technical subjects, and in the workplace. Whereas an essay presents arguments and reasoning, a report concentrates on facts.
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