BLACK EOE JOURNAL 2009 YEARBOOK ISSUE TOP LIST
FINANCE
Top Banks, Financial Institutions & Insurance Companies
American Express Company MasterCard Incorporated
Importance of
Bank of America Corporation The McGraw Hill Companies
The Bank of New York Mellon Morgan Stanley
Corp. The PNC Financial Services
Bookkeeping
BB&T Corporation Group, Inc.
Capital One Financial Corp. Regions Financial Corporation
and Accounting
Citibank Small Business Administration
By Jimmy Goh
Citigroup Inc. SmithBarney
Credit Suisse (USA), Inc. Sovereign Bank
Freddie Mac State Farm Insurance
GEICO Corporation State Street Corporation
T
hough it has been said many times
that it is very important to keep a
complete set of books for a business
ING Americas The Travelers Companies Inc
either for business tax reporting or business
management purposes, many businessmen
ING North America Insurance U.S. Bancorp
and businesswomen have deliberately
Corporation UBS AG ignored it until they are forced to do so.
JPMorgan Chase & Co. Union Bank of California
Why is it so important to maintain com-
Liberty Tax Service The Vanguard Group, Inc.
plete books for our businesses? The follow-
ing are some of the benefits and reasons.
Liberty Mutual Holding Company Wells Fargo & Company
i) Submission of annual tax return -
Inc. Every business whether it is big or small is
required to compute and submit tax return
on an annual basis. In order to be able to do
so, a business has to keep a complete set of
books. If you keep your books up to date
using the correct bookkeeping methods, you
Top Franchises
can also plan for your business taxation on a
timely manner.
7-Eleven Inc. Jani-King International, Inc.
ii) Financing application and source of
Ace Hardware Corporation Jazzercise Inc.
funds for business expansion - If your busi-
Am Pm Mini Market Jiffy Lube International, Inc.
ness is expanding and you need to source for
outsiders’ funds, then having an up to date
American Dairy Queen KFC Corporation
financial statements is truly important. For
Corporation Liberty Tax Service
potential investors and funds lenders, they
Anytime Fitness, Inc. Matco Tools Corporation would want to perform their due diligence
Baskin-Robbins Usa Co. McDonald’s Corporation
and assess your business performance and
Bauer Inc. Merle Norman Cosmetics, Inc.
profitability before they will agree to lend
Choice Hotels International, Inc. Midas, Inc.
you money or invest in your company.
The above are only two of the most com-
Cold Stone Creamery, Inc. Papa John’s Int’l. Inc.
mon benefits and reasons that why we need
Denny’s Corporation Pizza Hut, Inc.
to maintain an up to date financial records.
Domino’s Pizza, Inc. Quizons Sub Other significant reasons include business
Dunkin’ Brands, Inc. RE/MAX International, Inc.
management, cash flows management as
Edible Arrangements International, Snap Fitness, Inc.
well as budget preparation which is normal-
Inc. Snap-on Incorporated
ly a useful tool to set goals for a business.
Jimmy Goh is a regular writer for jans-
GNC Franchising Supercuts, Inc.
port rolling backpack and white jansport
Instant Tax Service Taco Bell Corporation
backpack.
InterContinental Hotels Group PLC United Parcel Service, Inc.
Jack in the Box, Inc. Wendy’s/Arby’s Group, Inc.
Source:
articesbase.com
70
www.blackeoejournal.com The Black E.O.E. Journal
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