American Caesar: Douglas MacArthur

Douglas Macarthur by US National Archives

American Caesar By William Manchester Rating: Gold Few lives have been writ larger in human history than the life of Douglas MacArthur. While legions of critics denounced him, there were times when MacArthur was one of the most popular people Continue Reading

Important Steps when Buying a Business

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Hope and visions of a better future are essential when deciding to buy a business. Without that ray of hope, we'd never dare take any risks. Buying a business is usually a life-changing event – for better or worse. So, do everything you can to Continue Reading

How to Avoid Litigation

Warbird Crash by Armchair Aviator

Disputes rarely depend on the facts. They are often more about the personalities involved. That is why it is always a tough call to predict how they other party will act. Particularly, if there is a lot of fire in their belly. How that can Continue Reading

Dangers of Discounting

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If you are thinking of joining Groupon or a similar discount program be wary. The sales pitch sounds good and the lure of new customers is understandable, but you must get the maths right. Many businesses have ended up on the rocks because they Continue Reading

How to Save Money When Buying a Business

In the eye of a horse by Tambako the Jaguar

Buying a business is horse trading. As any good haggler knows, you need to go into the negotiations armed with reasons why the sale price should be lowered. Here are some tips that may help you to pay less to buy a business. Some of these tips Continue Reading

What is EBIT?

Old bikes by Todd Baker technowannabe

Earnings Before Interest and Tax or EBIT measures a company's profitability. EBIT is simply all profits (before interest payments and income taxes are taken into account). Accountants like EBIT and consider it to be an important indicator. It Continue Reading

How to Convince an Investor

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Knowing how to convince an investor is a crucial importance to any venture. The place to start is by considering the investor's goals. You will never win over an investor unless you understand the offer from their perspective. If you are pitching Continue Reading

The Perils of Currency Wars and Financial Crises

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Currency Wars: The Making of the Next Global Crisis By James Rickards Rating: Gold The Pentagon recently conducted its first war game where the battlefield was the global financial markets. Gold, currencies, stocks, bonds, derivatives, and other Continue Reading

Why Civilisations Rise and Fall Important Lessons for Today

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Civilisation By Niall Ferguson Rating: Gold This book could significantly change your thinking. Few books dare tackle really big questions. Even fewer contain enough wisdom or understanding to alter your perceptions. Ferguson dares to answer some Continue Reading

The Swerve: How the World Became Modern

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The Swerve: How the World Became Modern By Stephen Goldblatt Rating: Silver Winner of the 2012 Pulitzer Prize for Non-Fiction Winner of the 2011 National Book Award for Non-Fiction This book details one of the pivotal events in history. Continue Reading