197 karma · joined November 14, 2012
- The H-1 goes from Barbers Point to Pearl Harbor to Diamond Head.
- The H-2 connects Pearl Harbor with Schofield Barracks.
- The H-3 connects Pearl Harbor with MCBH (Marine Corps Base Hawaii) at Kaneohe.
(H&R Block owns Wave.)
Your accounting stack is
1. accounting software
2. bookkeeping (ie operating the accounting software)
3. cpa / cfo (ie for tax and financial planning)
The benefit and problem with "nextgen" solutions like bench, kick, etc is that they provide a proprietary solution for the entire stack. This could be better/faster/cheaper but also comes with risk, as we are seeing in real time.In contrast, the minimal risk approach is to source your accounting stack from different vendors:
1. accounting software (eg quickbooks, xero, wave)
2. bookkeeping (hire a person or use a service)
3. cpa / cfo (hire a person or use a service)
If you use "standard" accounting software, you can change the other layers of your accounting stack at will. The total cost of layers 1 and 2 might be $6k-$8k per year for a company with revenue, which looks more expensive than the nextgen solutions. But the reduced risk and increased flexibility may be worth it.https://www.elsevier.com/books/computer-architecture/henness...
The rete algorithm was supposed to be a solution but has anyone applied rete to a prolog implementation yet?
1. Ideas alone can get funded, but only when pitched by entrepreneurs who have done it before. e.g. the last idea-stage company I invested in was a new crm company pitched by an entrepreneur who had already built a huge successful crm company once before.
2. For the rest of us, you have to show you can execute by building a team, some technology, and demonstrating customer traction.
For any given idea, you have to assume that 10 other people have thought of it, so why are you special?
1. you buy 5 gallons of grape juice for ~$20 per gallon.
2. yeast is dropped into your grape juice
3. you come to the store to decant your grape juice into wine bottles and cork them up.
Since no alcohol is bought or sold, you avoid the (very high) taxes on liquor. You end up with ~28 bottles of wine for ~$4 per bottle.
It's not the greatest wine, but it's ok for sangria and cooking, and it's a good story if you hang out with people who like to talk about tax loopholes...
The RPP was great for a graduate computer science department. I only learned years later that not everyone is reasonable...
Spending for "business as usual" (BAU or "opex") activities must be fully expensed in the year that it happens.
Spending for capital projects (new IT systems and upgrades aka "capex") can be amortized over the lifetime of the project. So if you spend $1M on a new IT system, you might expense it over a 5-7 year period.
So IT organizations will only have permanent staff for BAU and will hire temporary contractors for capital projects.
I'm addicted to the relatively new coffee machines. You get a made-to-order coffee for the price of a vending machine coffee. And now that Suntory owns Jim Beam, you can buy bourbon in every conbini to fortify your coffee.
Family Mart has the best fried chicken ("famichiki").
We once used google translate to tell us the different flavors of rice balls and were shocked when one came up as "spicy child". Japanese friends explained that this was actually mentaiko or spicy fish eggs.
Finally, I resisted the oden by the cash register for years but finally ate it when we were stuck at a bus stop with a long line. Delicious.
In Ontario (as with most places in North America), commercial property is assessed on its highest and best use (ie potential use), not its current use. So if a parcel has a low-rise building with some bookstores and cafes, it will be assessed at the same value as the high-rise condo tower next door.
This "highest and best" assessment rule means that in a rising market, the landlord must raise rents to cover rising property taxes. In addition, a landlord may apply for a property tax rebate if a commercial or industrial property is vacant.
So there is zero incentive for landlords to accept below-market rents for small businesses: if the property is vacant, they don't pay property taxes. If the property is rented at below-market rates, they lose money because they still have to pay property taxes at full-market rates.
Even if the small business owner also owns the building, the rising property taxes may make the small business uneconomic and force them to move.