The Business Professor
Recording Accounts Receivables and Credit Card Transactions
The video discusses the recording of accounts receivables and the different types of recognition involved. The instructor reviews the basic procedure for recording sales on credit and then goes on to discuss credit cards as a different...
The Business Professor
Razor Blade Business Model
The razor-razorblade model is a pricing tactic in which a dependent good is sold at a loss (or at cost) and a paired consumable good generates the profits.
The Business Professor
Quality of Earnings - Management Incentives
Management is incentivized by the calculation of a business' value. A quality of earnings report can affect the value of the business and, as a result, the incentives placed on management.
The Business Professor
Public Offering - Exiting a Business
What is a Business Exit Event? How is a Public Offering a business exit event? An Exit Event is an event where founders and early investors can sell their interest in a company for cash. An exit can be an initial public offering (IPO) or...
The Business Professor
Protective Provisions - Term Sheet
What are Protective Provisions in a Term Sheet? Protective provisions are terms that allow preferred shareholders to veto or block specific corporate actions. Protective provisions can help protect the interests of minority shareholders...
The Business Professor
Promoting Yourself by Quitting Your Job
This Video Explains Promoting Yourself by Quitting Your Job
The Business Professor
Profit Center Performance - Variable and Absorption Income Statements
Measuring the performance of a profit center is based upon the reporting of profits and losses. Pursuing an absorption or variable costing approach for inventory will alter the gross profit calculation.
The Business Professor
Professional Job Recruiters - What they do.
This Video Explains Professional Job Recruiters - What they do.
The Business Professor
Product Cost vs Period Cost - Accounting
This video explains the difference between recording costs as product costs versus period costs. These two systems of cost accounting have unique purposes in the managerial accounting system.
The Business Professor
Product Line Analysis in Accounting
Product line analysis is a detailed process employed as part of the managerial accounting process. This video explains what is Product Line Analysis in managerial accounting.
The Business Professor
Process Management Skills - Managerial Accounting
This video explains how process management takes place in the managerial accounting process. It specifically identifies the importance of accounting information in process management and how this is a core skill of managers.
The Business Professor
Process for Shutting Down a Business
What is the Process for Shutting Down a Business? This depends on the type of entity and whether the business has outstanding debts and creditors.
The Business Professor
Pro Forma Financial Statements
Pro Forma Financial Statements or Pro Forma are used to project the peformance of a business or project. This video explains how to create pro forma financial statements - namely the balance sheet, income statement, and cash flow statement.
The Business Professor
Private Company vs Public Company - Explained
Private Company vs Public Company - Explained
The Business Professor
Prepare for Interview - Research Company
Prepare for Interview - Research Company
The Business Professor
Preferred Stock - Liquidation Preference
What is a liquidation preferenc in preferred stock? A liquidation preference is a clause in a contract that dictates the payout order in case of a corporate liquidation. Typically, the company's investors or preferred stockholders get...
The Business Professor
Preemptive Rights - Preferred Shares
What are Preemptive rights for preferred shareholders? Preemptive rights give a shareholder the option to buy additional shares of the company before they are sold on a public exchange. They are often called "anti-dilution rights"...
The Business Professor
Pre-Money and Post-Money - Business Valuation
What is pre-money valuation? What is post-money valuation? Pre-money valuation refers to the value of a company not including external funding or the latest round of funding. Post-money valuation includes outside financing or the latest...
The Business Professor
Pioneer Migrator Settlor Map
The pioneer-migrator-settler map tool guides you to target the area where you have the most to gain by the blue ocean journey and helps you select the right scope for your blue ocean initiative.
The Business Professor
Piercing the Corporate Veil
Owners of many businesses are protected from personal liability for the debts of the business. That is, the owner has limited personal liabilities. There is a method, however, to hold the owner liable under a process known as piercing...