Jul
10
Can you survive on your own?
July 10, 2009 | Comments Off
Independently I mean. Without the help of your parents? And without the help of adoptive parents in the way of an employer? No shame in accepting that you can’t: most people can’t. However, it is an interesting mental exercise, and an interesting idea to explore. In an age of almost 10% [...]
Jul
4
Fixed Cost vs. Time and Materials
July 4, 2009 | 1 Comment
In Professional Services terms there are two general ways of pricing a project:
Fixed Cost
Time and Materials
Unit of Cost
Project
Time (hour or day)
Most Risk
Consultant
Client
When to do it
Clear Expectations
No Fixed Set of Requirements
Fixed Cost is preferable in many situations. Alan Weiss agrees on his consulting books. Some of the reasons why:
Provide Value – Not Time. You want to be [...]
Jul
1
IOU vs. Promisory Note
July 1, 2009 | 1 Comment
An IOU (I Owe yoU) is an acknowledgment of debt, normally specifying debtor, the amount owed, and sometimes the creditor. A Promissory Note is a contract specifying unconditional terms on how to pay the debt, including interest (if any) and time of repayment. The State of California is issuing IOUs to their vendors (essentially telling [...]
Jun
25
QuickBooks – Nothing Beats Free
June 25, 2009 | Comments Off
For my business accounting I use QuickBooks Pro. But to tell you the truth, chances are I would be equally happy with the QuickBooks Simple Start Free Edition 2009. I have less than 20 customers (big ones). And most of what I do need accounting for is create invoices, pay bills and print checks – [...]
Apr
15
Product Review: NeatReceipts
April 15, 2009 | 2 Comments
For years I doubted a product sold at Airport kiosks was worth my money. I have been proved wrong twice. Once with Rosetta Stone, and twice with NeatReceipts. It is just that I didn’t acquired either at the airport (the former can be bought used and the later can be bought ‘refurbished’ for $99 vs [...]
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