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Resources for Accountants

What are Stablecoins and Should YOU Buy? [Video]

What are Stablecoins and Should YOU Buy?

In this tutorial, we will explain what are Stablecoins, how they work, their importance, situations they are used in, and how to invest in them.

Chapters
00:00 Introduction
01:11 What are Stablecoins?
02:14 Hype around Stablecoins
03:38 How Stablecoins Work?
05:39 When to Invest in Stablecoins?
06:32 How to Buy Stablecoins?
07:03 Should I buy Stablecoins?
07:52 Era of Stablecoins is Near

What are Stablecoins?
Stablecoins are a kind of cryptocurrencies that are pegged to or backed by a stable reserve asset like the US dollar or gold.

What are the benefits/importance of Stablecoins?
– Provide reasonable security/resistance against market fluctuations
– Provides Cheaper and Faster ways of transactions.
– Accessible globally and 24/7 on the internet.

How do Stablecoins work?
– Stablecoins focus on minimizing fluctuations/ volatility and achieving a consistent value. For this generally, three methods are applied:
– Fiat Collateralized Stablecoins.
– Crypto collateralized Stablecoins.
– Non-collateralized Stablecoins.

#stablecoins #wallstreetmojo #stablecoinsbuy

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Categories
Resources for Accountants

Negotiation Skills: How to Prepare for Successful Negotiations [Video]

Negotiating is a valuable skill that can help you achieve your goals in various aspects of life, from business deals to personal relationships. To excel in negotiations, it's crucial to be well-prepared. This guide will walk you through the steps to prepare effectively for successful negotiations.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

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Resources for Accountants

P&L Presentation Type based on your Audience (Natural Account vs. Functional) [Video]

Before compiling the P&L, you need to decide on the type of presentation (based on your audience): Natural Account, Functional or Hybrid. Free P&L Template shown in video: https://thefincontroller.com/p/types-of-incomestatemet-presentation Enroll in the FP&A Academy: https://controller-academy.com/courses/fpa-academy Time Stamps: 00:00 Intro 01:28 Company Profile 02:17 1. Natural Account P&L 04:26 2. Functional P&L 05:38 3. Hybrid P&L 09:08 How To Setup in NetSuite 10:29 How To Setup in QuickBooks Online ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice

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Resources for Accountants

Entrepreneurship Mistakes from Hell | How to Start a Startup [Video]

Embarking on the journey of entrepreneurship is akin to riding a roller coaster blindfolded—it's exhilarating, unpredictable, and fraught with potential pitfalls. While mistakes are an inevitable part of the entrepreneurial journey, some are more catastrophic than others. These "mistakes from hell" can derail even the most promising ventures, leaving entrepreneurs reeling and searching for ways to recover. Let's explore some of these missteps that have the potential to turn an entrepreneurial dream into a nightmare.