|Sunday, September 17, 2006
MONEY MONEY MONEY
ITS ONE THING YOU CANNOT LIVE WITHOUT.
heyhey.. i just finished my accounts tuition and i have been pretty enlightened from this session. i was doing the accounting and analysis for $$$. Anywae, lets talk about profit. if a company is profitable, but NOT liquidable (means got cash) is it better than one which is on the contrary?? Think about it this way... With a profitable company, you have a high chance of getting $$... But being liquidable, you can do all means to be profitable. hhmm... so which is better?? brain-boggling question eh. haha. for me, i'd saying being liquidable is better.
If you are liquidable, you can use your $$$ to do more stuff for your campany. Upgrade your products, have better staff, improve your service, etc. However, if your company is profitable but not liquidable, time will be the one tt will bring your company down. can time be stopped?? no. thats why i decided that being liquidable is better. than you might question me ' so is it okay for a company to be liquidable but not profitable??' Well, with money.. you can get almost everything. On top of that you dont have to battle against time. rite?? haha this thing is controversal.
Here are some interesting stuff..
Who is the biggest customer of the straits time???
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.
.
.
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It is none other than Singapore International Airlines (SIA) ! haha. how many of you got it right?? if you remember, the air stewardess/steward will offer you several newspapers when you enter the plane before take off.
SIA has a 100 ++ planes. among these, 30 over are boeing 747s (eg. megatop, jumbo....) each of this plane carries 400 passengers. lets say they need to purchase 250 Straits Time. (250x30=7500) then, they have the 70+ usual planes like boeing777 etc. that carry 290 ppl. lets say they buy 100 for each plane (100x70=7000) total purchase of newspape-> 7000+7500=14500
total cost->14500x$25/month
=$362500.
wwoooaaaahh..... haha
Want one more??
haha. okie i don care if your answer was yes or no. i'm still gonna write it. wahahaha.
So what will you do if you know that your company is gonna collapse in 6months time??
1. Run away
2. try to rob a bank
3.find the loan sharks, or
4.sit and rot.
btw, forgot to include the info that you are a sole proprietor aka, if you cant pay your debts, they can take your house and car etc.
haha.. you are in luck! cos FINANCE CONSULTANT TAN MEI CHIN is here to save your day! let mua tell you wat to do.
First, you must know you have only 6months. then you have to plan properly cos this 6months will be a busy one. NOT making business, but selling.
Sell everything you have in your business to get back cash. COLD HARD CASH. Then go home and put the cash under your bed, in your pillow blah blah. After that, sell your house, car and watso eva, to your to your family member or if not just sell it to get $$ (you can put this into your kin's bank) lastly, withdraw as much money as possible from your bank. (keep like a few hundred inside if not things might smell fishy later on) put the money into your hiding place too.
Six months has arrived and the people are here to claim your things to pay your debt.. haha! but you got nothing to give except the few hundred in your bank. the rest is 'gone'. they'll then put you under the OA. Thereafter, you can use the money and start a new. =)
the garden in my heart.messed.
7:10 AM
