Small business owners everywhere know the importance of running a tight ship. Rent, labor, and operating costs all hit smaller companies the hardest, so keeping cash drainage to a minimum is key. Tax breaks, deductions, and credits are crucial for keeping small operations afloat. As helpful as these can be, they also have a […]
Starting a Business? Here’s What to Do With Your Personal Finances
Starting a business is a whirlwind not just emotionally but also financially. There’s a lot to do and a lot to learn. As you take on the challenge, you can’t let your personal finances slip. Many business lenders require a personal guarantee. Even if yours doesn’t, you don’t need the additional stress. Building a business […]
MIND VERSUS MARKET
Mind versus Market – How investment firms profit from people’s mistakes Four months ago, I did something that in hind sight was astonishingly stupid. I clicked on a trading web page and bought shares of Citigroup. The company, like most of the Wall Street banks then staring down the subprime meltdown, was limping along. […]