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Tip of the Day

Tip of the Day Plan

Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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Chief Operating Officer

Chief Operating Officer - the chief operating officer (COO) is an executive corporate officer of a company or corporation that oversees day to day operations. The COO is usually named because the CEO is too busy to handle the day to day operations. The COO reports directly to the CEO. Main duties are to oversee the operations of the company, develop more efficient and cost cutting ways to improve the performance of the company.

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Definition of the Day Minority Ownership

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations. From a purely accounting point of view, parent company which owns less than one hundred percent, but more than fifty percent of a subsidiary presents...

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