Down at the Bayou

Image by ShutterBugChef via Flickr

Today we took the kids for a swim down at the Bayou and a young bird walked right up to my son at the edge of the water trying to get fish out of the water. It was really cool to sit and watch as the bird got closer and closer to Dakota. When you need a camera you are in no position to get one always happens when I get in the water. Although it was smaller than this one it was still very cool to watch.

How will you be remembered?

Even though I will probably never acheive fame, and fortune. Within my life I have done somethings that  I will be remembered for which include being a good mother, getting my education, and for being myself. Being a good mother is something that will be remembered because of the things that I do for my children as they grow up in life, they will always appreciate the fact that as a mother I have kept them out of trouble, harm, and showed them love. This is what they are looking for out of their parents, and what they want to know is that you will be there for them when ever they need you. I will also be remembered for acheiving my goals of getting my education which is something that my children will see and hopefully will follow my footsteps. The only other things that I would want to be remembered for would be the fact that I am always myself. I do not try and act like other people in order to fit in with the crowd because this is not me. I would rather be my own person. I do not want people to remember me in a bad way or something that was not true this is not a way that I would want to leave this world.

http://tammyhopkinson.eproduct-review.com/

I signed up for this site and paid the $2.97 for the information and for what to get signed up with this company to spend another $50.00 in order to access what the site offers. This is crazy and I have not spent the money to get the rest of the features. This should have been told at the beginning. I think that it is crazy that you are only allowed one post and then in order to post more you have to spend the fifty dollars in order to gain the access to the other things that are offered.

Foundation Paper

In assuming the role of a small business owner there is three principles of finance that relate to the business. The three principles of finance are the competitive economic environment, value, and financial transactions of the business. I will discuss the importance of these principles and how it affects a small business owner. Net income and cash flow are both critical financial components of a small business but as a small business owner I need to know the differences between them, and how they are critical to my business.
A small business owner needs to be able to make good business decisions especially when it comes to their business. An opportunity cost is the difference between the values of an action compared to the best alternative of that cost. It provides the indication and relevance of a decision that is made by the small business owner. If a small business owner makes a small cost then the opportunity of that cost is going to be small but if the small business owner makes a large cost the opportunity cost will be large this is something that the owner would need to take into consideration when it comes to making the right choice about their business. Another, important application of this principle is the agency theory which analyzes the conflicts of interests, and behaviors within the principal-agent relationship. It is very important for a small business owner to understand the financial end of their business.
A small business owner needs to understand the financial transactions of their business because each transaction has two different sides of the transaction. When a small business owner makes a sale there will be a purchase, and for every buyer there is a seller so with this being said there can be a difference in beliefs which would lead to selling more orders than buying more orders. If my prices are high it will benefit me but will not benefit the buyer but it can go both ways if the price is too low then it would be good for the buyer but not the seller. As a small business owner I have to remember that there will be two sides to every transaction that I do but by underestimating the competitor’s will lead my business to disaster. Actions speak and convey information about your small business such as selling an asset may seem like the asset is in poor condition even though it is not.
The value that a small business owner takes concerning his business means that they value the ideas that their customer’s might have to increase the profits of the business. By taking into consideration the different types of products, and services that a small business owner can offer to their customer’s can be endless. If a small business owner does not show that their business can produce different types of products and services they will not have the repeat business they are looking for. Customers will go to other businesses that have the products and services that the customers are seeking. When is the market value of the firm's assets or liabilities equal to their book value? There are four factors’ that will make a difference in the firm's market value compared to the book value. These factors consist of the asset's liquidity, inflation, time when the asset was acquired, and whether or not the asset is tangible or intangible. When the liability is acquired by the firm it will stay that way until the liability is due then the maturity will affect the difference in the book and market value.
In conclusion, my small business will benefit from the knowledge that I have learned throughout this paper, and will result in obtaining a business that will grow and prosper. The three principles of finance are very important to any business owner to understand how the business will be able to meet their financial needs, and keep the customer’s coming back for more. Understanding the net income and cash flows of the small business will also help in understanding the financial standing of the business. Financial principles, financial markets, and business ethics form a foundation for the financial decisions that managers routinely make (Emery, 2007).

Emery, D. R., Finnerty, J. D., & Stowe, J. D. (2007). Corporate financial management (3rd ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.

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HubPages

In progress of starting my own hub pages while studying. I am in a Master's Degree for Business Administration/accounting. I am applying what I have learned in class to my writings. I will start posting later on this evening after homework is done.