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LANL’s Express Licensing Program

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Los Alamos National Laboratory’s Richard P. Feynman Center for Innovation (FCI) launched the Express Licensing program to fast-track the licensing of technologies and software with a simple online application. The application template standardizes licensing terms and makes it possible for LANL to share inventions on a broader scale without making potential partners and customers undergo exhaustive individualized negotiations.

Read more about the program:

Contact:
505-665-9090
lanl.gov/projects/feynman-center/index.php

Basic Financial Literacy Essential for Business Owners

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Carmen Martinez, director, Small Business Development Center at San Juan College

By Carmen Martinez, director, Small Business Development Center at San Juan College

Business owners don’t need a degree in accounting, but they do need to know how to read basic financial statements and when to ask the accountants who prepare them to explain what they don’t understand.

No one wants to be like the business owner who believed she was making a profit because her checkbook had a positive balance. But even business owners who diligently record financial transactions using basic accounting software don’t always comprehend the reports their CPA generates based on these records.

That means they’re not using the expertise they pay for, and they’re not using the numbers as tools to build their business.

The three financial reports every business owner should understand are the profit and loss statement, the balance sheet and the cash flow statement. Continue reading →