Starting a business in 2017
We write plenty of business savvy informational articles on our site, but for those of you that don't own your own business, do you ever wonder what it's like to be an entrepreneur in this day and age? In this Article you will get to know a vast information...
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The goal of becoming a millionaire while starting out with “zero” is something we all can strive for — one bite at a time! I call it the 10 percent theory of asset accumulation and it works like this: A $1,000,000 goal when you are at the beginning of your...
Distilled Spirits
Distillers in Texas continue to experience rapid growth, as evidenced by a recently released study by The University of Texas at San Antonio Institute for Economic Development, highlighting the economic impact on the state. For example, in 2008, only six distilleries reported production in Texas. By 2017, that number...
Steps to a Career Change in Difficult Times
Are you one of the scores of hard-working professionals whose career has been disrupted or eliminated? If so, you are on the front end of a career change. Contemplating your unknown future can trigger a flood of emotion. You might be angry, anxious or a little of both. Guess...
School shooting : The Mental Toll School shooting impose long-term detrimental effects on the communities where they occur. Mental health suffers, surviving students fail to thrive to their potential, and the overall community endures long-term economic costs. As a country, we are all suffering mentally to some degree. A majority of...
Blockchain in energy
Blockchain in Energy Blockchain technology is the simplest form of the public ledger and shared database that assists in identifying, tracking and tracing every transaction on the enterprise blockchain network. These transactions are recorded in the form of blocks. These blocks are added to the blockchain in a linear and...
Commodity Hedging
For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
Tax Reform
The final tax reform law includes important changes set to impact mining and oil & gas companies. Some of these new and altered provisions — outlined at the end of this article — will increase taxes paid by these companies. As the sector evaluates the impact of the most...
Managing Safety Amid New Challenges
Managing safety is important every day, but the year 2020 has plagued the oil and gas industry with challenges. The onset of COVID-19, coupled with the record free fall of prices, left oil and gas personnel frantically searching for answers while recovering from this shocking new life. Although historical,...
Tech Transformation
These days, “digital transformation” is an increasingly popular phrase in the business world, and it is challenging organizations to carefully consider how to retool their strategies. Digital transformation doesn’t simply mean to digitize information or move services from manual/analog into a digital format.  Rather, digital transformations are an entirely new...