About Finance.ThinkAndDone.com
ThinkAndDone.com went live on the World Wide Web in Fall of 2007, for us that is a long way getting here where we stand today as an authoritative source of Financial education. Not only we provide the hands on tutorials on wide ranging topics that explain mundane and difficult mathematical topics, we enhance our visitors understanding of the theoretical ideas with interactive online and Windows financial calculators and calculation tools. For a freshman or college sophomore who is undertaking Financial Management course at a business school or to a seasoned accountant we have the tools that help them perform complex financial calculation with click on the CALCULATE button. Our clients are a diversified group of individuals mostly from the United States attending business schools, others include managers at top tiered corporations and Government employees.
Where we headed
We are constantly making new content available to our visitors based on the feedback we have received. There are few other sites that we compete with some of these includes Forbes' Investopedia and WikiPedia Encyclopedia. So what is that we offer that our competition doesn't. Investopedia is a large collection of financial aricles written by people working in the financial industry however most of the articles on Investopedia will place emphasis on the use of financial techniques employed by Corporations and leaving out explaining how the techniques is actually solved. Take the article on Investopedia about IRR, the author explains the rate of return as used in finding returns from loans and mortgages yet it fails to explain to the user how IRR is actually arrived at. Our IRR tutorial gives detailed step by step workout of how IRR is calculated using various techinques. With Wikipedia, the quality of the article varies from one article to the other as each of its article is written by a different individual . Thus one of the WikiPedia's article may be rated 10 whereas another will lack the basic material needed to explain away the topic. Our strength include a quick turnaround for creating new online calculators since there is less of a red tape in approval of an idea and the implementation process.
Freeware versus LeaseWare
Over the years we have existed on the world wide web, we noticed what our web users were looking for. Most web visitors would not be willing to pay for costly software since they only require such software to use for a limited period. Here we have introduced Pay Per Use model which permits you to use our online software only for the time you want it. Our pricing model that charges our users for using the tools for time periods ranging from a day to a week to a month. We find that our users find this model suits their needs and are happy to subscribe to it rather than making investment in a pricy desktop software that will not need for long. We will always be making new tools available for our clients and we look forward to a time when our site will be widely used by finance and business students and professionals.