japan

WHY JAPAN?

WHY JAPAN?

What does TPP mean to entrepreneurs? What does it even stand for? TPP stands for ‘Trans-Pacific-Partnership’, which refers to the alliance of various countries under a treaty—much like the European Union. Many entrepreneurs find it difficult to spot opportunities because of the large-scale global changes that go beyond their imagination.…

SKILLS

SKILLS

Having a unique business concept and good funding certainly makes running a business easier. However, these may not even be that important if you are gifted with a wealth of skills. As long as you can provide a better service at cheaper price, that may be enough to make you…

FOREIGN BUSINESSES

FOREIGN BUSINESSES

The biggest ethnic minority population in Japan until 2007 was Korean, with many of them being naturalised Japanese citizens. The most famous companies owned by Korean/Korean Japanese are: Lotte (Food manufacturing) and MK Taxi (Transportation). Currently, the biggest ethnic minority population in Japan is Chinese. Yokohama’s China Town is apparently…

ACCOUNTING IN JAPAN

ACCOUNTING IN JAPAN

As accounting standards in the world is converging, Japanese generally accepted accounting principles (GAAP) are in the direction of harmonising with the other OECD countries, especially with IFRS. Japanese GAAP is written more prescribed by rules and the main difference is about fair value accounting, where the IFRS requires most…

HOW TO USE EXCEL

HOW TO USE EXCEL

After mastering the basic skills of using mathematical functions and functionalities of worksheets, the following functions are useful to know:- Round: Use =round(Cell number, 2) as GBP and USD has pence and cent units and =round(Cell Number,0) as JPY does not have the sub-category. Use =round(cell number,-2) When you would…