In the past couple weeks we’ve talked about some costs that don’t always appear on the income statement; opportunity costs and sunk costs. […] Read more (opens AVC in a new tab)
A historical collection of our writing.
In the past couple weeks we’ve talked about some costs that don’t always appear on the income statement; opportunity costs and sunk costs. […] Read more (opens AVC in a new tab)
Today on MBA Mondays we are going to talk about another form of costs; Sunk Costs. Sunk Costs are time and money (and other resources) you have already spent on a project, investment, or some other effort. They have been sunk into the effort and most likely you cannot get them back. The important […] Read more (opens AVC in a new tab)
We are going to turn our attention on MBA Mondays to some costs that are important to recognize in business. First up is Opportunity Cost. Opportunity Cost is the cost of not being able to do something because you are doing something else. These costs don’t end up on your income statement but they […] Read more (opens AVC in a new tab)
We are big believers in the power of Internet marketplaces to bring efficiencies and new opportunities to people and businesses. And the market where this has the most potential of all is the labor market. So we are excited to announce our latest investment – Work Market. Work Market is exactly […] Read more
Last week we talked about budgeting in a growing company. I defined that as a company between 50 and 100 employees. Today we are going to wrap up the budgeting series by talking about what happens to the process when you get to be a "big company." The context for the whole of this MBA […] Read more (opens AVC in a new tab)
In last week's MBA Mondays, I introduced the topic that we'll be focused on for the next month or so; projections, budgeting, and forecasting. In that post, I described projecting as a "what if" exercise that is done at a higher level of abstraction than the budgeting and forecasting exercises. I […] Read more (opens AVC in a new tab)