Blog

General Interest David Lim General Interest David Lim

All Rise For Standing Desks

If you’re considering a new or replacement desk for your workspace, a standing desk is worth consideration. Standing desks aren’t necessarily for everyone but those who want greater flexibility with their desks may want to consider a standing desk.

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Finance David Lim Finance David Lim

Balancing Your Checkbook

Balancing your checkbook isn’t hard to do if you take the time to properly record your transactions (ex: deposits and payments/withdrawals) into your checkbook and subsequently reconcile those transactions against your monthly bank statement.

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Business, Finance David Lim Business, Finance David Lim

Managing Business Cash Flow

It should go without saying that maintaining a steady, positive cash flow is critical to keeping your business afloat. After all, if you don’t have the cash, you can’t pay your bills. And, if you can’t pay your bills, you won’t be able to stay in business for long.

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Technology David Lim Technology David Lim

A Look Back At Mobile Broadband

I remember getting my very first mobile broadband device. It was a USB modem stick. I needed reliable Internet for my laptop while on-the-go and after careful consideration, a mobile broadband device seemed like the way to go. I don’t recall the cost of the device, but I think it was either at no cost or at a discounted cost with a two-year wireless agreement.

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Business, Finance David Lim Business, Finance David Lim

Employee Bonuses Are Taxable Income

As a business owner, you may consider distributing bonuses to employees as a show of appreciation for their passion and dedication to the business and/or to reward employees for exceptional performance and/or achievements. It’s important to remember that bonuses should be treated as taxable income and reported accordingly.

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Technology David Lim Technology David Lim

Is The Magic Keyboard For iPad Air and iPad Pro Worth It?

If you’re considering a current generation iPad Air or iPad Pro and want to keep your costs down, you’re probably going to avoid accessories like the Apple Magic Keyboard which starts at $299 for the iPad Air (4th/5th generation) and 11-inch iPad Pro (1st/2nd/3rd generation) and $349 for the 12.9-inch iPad Pro (3rd/4th/5th generation).

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Technology David Lim Technology David Lim

Checking Warranty Coverage For Your Apple Device

If you need to check the warranty coverage on your Apple device, you can easily (sort of) find it through the Apple website. However, you will need your device serial number which may be found on the original product packaging, on the device itself and/or through macOS, iPadOS, iOS, watchOS, etc. (varies by device).

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Technology David Lim Technology David Lim

Rethinking The Lenovo ThinkPad P14s

Last year, I decided to replace my aging Lenovo ThinkPad T460s. Originally, I had planned to replace it with a Lenovo ThinkPad T14s (Gen 2) but with the supply chain issues and chip shortages, I was looking at an estimated delivery timeframe of over twelve weeks to get a custom configured T14s.

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Business, Finance David Lim Business, Finance David Lim

Keeping Receivables In Check

As a business owner, receivables (accounts receivable or A/R) are a vital part of your business. If you are not billing or invoicing clients and subsequently, collecting those receivables in a timely fashion, your business will be unable to sustain itself.

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Business David Lim Business David Lim

Making The Shift From Employee To Business Owner

When you make the shift from being an employee to a business owner, you’ll want to gain an understanding of how compensation and health insurance will differ as a business owner versus that of an employee, as well as familiarize yourself with something called imputed income.

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Business David Lim Business David Lim

Your Business Bank Account Is Not Your Personal Coffer

As a business owner, it’s vital to stay away from using monies from your business to pay for personal expenses even if you intend to reimburse the company later. You run the risk of piercing the corporate veil and getting into serious trouble with the IRS and other tax agencies should you and/or your business undergo an audit (ex: claiming business deductions for non-legitimate business expenses, failure to report and pay taxes on taxable income).

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Business, General Interest David Lim Business, General Interest David Lim

Working From Home Effectively

Working from home isn’t a new concept. Some people work from home all the time; but, since the COVID-19 pandemic more people who can work from home have been doing so and will likely continue to do so in the future. While working from home can be an easy adjustment for some, it’s not always the case for others.

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