“I started a business to hone my budgeting skills,” said no one ever. The reality is that budgeting is critical to the success of your business. Without a budget, you may not be able to meet current expenses, much less fund unexpected ones. One survey found that the top reasons businesses failed included pricing and …
No one knows who coined these words: “Revenue is vanity, profit is sanity, but cash is king.” The importance of a positive cash flow can’t be overstated. It’s much more important than profits. Here’s why. Profitable but troubled A company can be profitable but need more funds to pay its current operating expenses. How is …
As a self-employed business owner, one of the most important decisions you can make is determining the best retirement plan for you.
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If you have recently transitioned to civilian life after serving in the military, you may feel uncertain what to do for a career if you’re not yet retirement age. For many veterans, starting their own business is an attractive and logical choice. This option is so popular among America’s veterans that nearly 10 percent now …
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The coronavirus pandemic upended the lives of all Americans, including millions of business owners, within a matter of days. With the crisis now entering its third month, you may have barely had a chance to catch your breath and adapt to the new reality. According to a recent article published in Forbes Magazine, however, accepting reality …
Think Outside the Box to Survive a National Financial Crisis Read More »
Like every other area of personal finance, the stock market during and after the coronavirus pandemic will look much different than it did before it. This first became evident in mid-March when the stock market took a huge one-day plunge to rates not seen since the national economic crisis of 2008. The uncertainty towards the …
Investment Tips During and After the Coronavirus Read More »
It surprises some people to learn that anyone can make a starter investment, regardless of how much cash they have on hand. The first step is as simple as consciously thinking about your financial goals. Having specific targets makes it more likely you will make sacrifices if necessary as well as keep you on track …
These are the basic details of loans available to businesses. They are unbelievable unless regulations put limits on these loans: Many details to come. The original CARES act was 273 pages long, the bill as finally passed by the senate was 792 pages long. Who knows what all is in this? SUMMARY of CARES ACT: https://www.sbia.org/wp-content/uploads/2020/03/Keeping-Americans-Employed-Section-by-Section.pdf …
The CARES Act Opens Floodgates to Free Money for Businesses Read More »
Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning With the rapid onslaught of the Coronavirus already disrupting business operations in the U.S., there are three ways you can face the future: panic, do nothing, or plan. As we work with business owners through these tough times, we know the best …
Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning Read More »
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