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Marvin has just launched a consulting business. Business has been slower than expected. What advice would you give Marvin?
Salary Allowances
Compensation over and above regular salary payments that might be paid for special duties, skills, or for certain expenses.
Market Value
The current market valuation at which services or assets are purchasable or sellable.
Book Value
The net value of a company's assets minus its liabilities, often used to assess if a company's stock is under- or overvalued.
Note Payable
An obligation in writing that promises to pay a specified sum of money at a determined future date or on demand.
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