THE MERCURIAN TIMES

BOOK REVIEW: ELEGANT ENTREPRENEUR (by Danielle Tate) “Elegant Entrepreneur” is the ideal book for anyone that believes that they have an idea they could create a business around, but who is uncertain of whether their idea or they themselves has what it takes to become a successful entrepreneur. Danielle Tate is herself a successful entrepreneur .In “Elegant Entrepreneur: The Female Founder Guide To Starting & Growing Your First Company” she sets out to guide would be female entrepreneur down the path to success by providing details of the business concepts that need to be understood in order to be able to turn an idea into a successful business .With input and advice from other female entrepreneurs, the author lays out the thought process and steps required to turn an idea from just being an idea into reality. Each chapter logically takes the reader through the necessary steps to follow in the attempts to create a viable business. In it the author discusses how to ev...

SUBLEASE A sublease involves the rental of real property by a tenant to a subtenant. A sublease agreement typically arises when the original tenant no longer needs to use leased space or can no longer afford to make the lease payments. This situation is most common for commercial properties, but can arise for residential properties as well. A sublease involves the rental of real property by a tenant to a subtenant. A sublease agreement typically arises when the original tenant no longer needs to use leased space or can no longer afford to make the lease payments. This situation is most common for commercial properties, but can arise for residential properties as well. For example, if Sebastian is renting an apartment in Chicago with a 12-month lease and in month four he receives a job offer in Boston, he may decide to sublease his apartment to another tenant for the remaining eight months. The sublease means that Sebastian can accept the job and move - he doesn't have ...

When business makes you go "Whatttt????" Here are some crazy business facts you probably haven't heard about. 1.  Yahoo doesn't come from the old bollywood song yahoooo!!!! Yahoo.com is an acronym for " Yet Another Hierarchical  Officious Oracle" Found by Jerry Yang and David Filo Yahoo is an American Multinational Company headquartered in Sunnyvale, California known for it's web portal search engine and other related services. 2.Starbucks doesn't want you to feel lonely :) The round tables at Starbucks are specially made circular because according to their research the customers feels less alone this way. Weird right?! But true. I think it is even working out. Might be coffee drives away loneliness too! 3. Apple's I-pad retina display is actually manufactured by Samsung. WOAAH!  Despite being great competitors, the two big names in mobile industry still partner on this on feature. Samsung id the largest supplier for Apple's Retina ...

Manmohan Singh's 1991 Budget: the day that changed India forever Yesterday, July 24, 2016, marks 25 years of liberalisation. The economic reforms kick-started in 1991 brought about expansion of the services sector helped largely by a liberalised investment and trade regime. They also increased consumer choices and reduced poverty significantly. That day 25 years ago changed India decisively. At about 12.50 p.m., P.J. Kurien, the Minister of State for Industry and now the Deputy Chairman of the Rajya Sabha, got up in the Lok Sabha and read out a brief statement: “Sir, I beg to lay on the table a statement (Hindi and English versions) on Industrial Policy”. That was it: a bland statement to usher in a radical transformation of Indian enterprise and open up a whole new future for Indian entrepreneurs. The statement made a bonfire of all licensing controls. The occasion was made more ironic by the fact that the junior minister’s heart was not in the revolutionary contents of th...

BOOK REVIEW – REWORK (Author – JASON FRIED AND DAVID HEINEMEIER HANSSON) Most business books give you the same old advice: write a business plan, study the competition, and seek investors and more. If you are looking for a book with these advices u can put this book back in the shelf. Rework shows you an easier and better way to reach the heights of business. This book disparage these old business fundas and enunciates why plans are actually harmful, why you don’t need any outside investors, and why you are better off ignoring the competition. The truth is, you need less than what you think. You don’t need to be a workaholic. You don’t need to staff up. You don’t need to waste time on paper works or meetings. You don’t even need a office. Those are all just excuses. What you really need to do is stop talking and start working. This book shows you the way. You will learn how to more productive, how to get exposure without breaking the bank and tons more counterintuitive ideas tha...

Welcome To JMC Juniors!!!! On 19th July 2016, one of the biggest department of Jesus and Mary College had its orientation the “commerce department”. Commerce department offers two courses for undergraduates –b.com (honours) and b.com (program). Human resource management dictionary defines orientation as  an introductory stage in the process of new employee assimilation, and a part of his or her continuous socialization process in an organization. Major objectives of orientation are to (1) gain employee commitment, (2) reduce his or her anxiety, (3) help him or her understand organization's expectations, and (4) convey what he or she can expect from the job and the organization. It is commonly followed by training tailored to specific job positions. The orientation at JMC is an interaction with the new JMCites to help them get acquainted with the very happening atmosphere of college so that they take pride in saying "Once a JMCite, forever a JMCite". This was exactl...

MEANING A capital lease is a lease considered to have the economic characteristics of asset ownership. A capital lease would be considered a purchased asset for accounting purposes. CONDITIONS A lease must be classified as a capital lease if: The life of the lease is 75% or more of the asset’s useful life. The lease contains a purchase agreement for less than market value. The lessee gains ownership at the end of the lease period. The present value of lease payments is greater than 90% of the asset's market value. ACCOUNTING TREATMENT Accounting for a capital lease involves four steps.         First, record the present value of all future lease payments as the cost of the lease.         Then, record   only the interest portion   of each payment as an expense.        Next, depreciate the recognized cost of the asset over the life of the payments.     ...