Bitcoin is predicted to have a big bull run in 2020 — but is that just wishful thinking? Although it had a bull run in 2019 and has recovered from its low below $4000 in December 2018 to its price, as of this article’s publishing, to above $9000, investors HODLing Bitcoin...
How to manage business credit and your business credit cards during a recession
Four critical tactics to help owners keep their business upright during downturns
I can't think of a time when it isn't important for a business owner to be on top of his or her business credit, but it's even more important during a recession. How you do things now will...
What are your customers thinking right now? Ask them to find out
If you don't ask them, you'll never know.
A company's economics--essentially, how it makes money--aren't determined internally. They're determined by customers. An entrepreneur may believe deep in her heart that her product or service is worth more than the cost of providing it. But if her prospective customers don't agree,...
Don’t underestimate these 5 benefits of face-to-face communication
Things have certainly changed, thanks to the coronavirus. We're all relying on phone calls and emails to stay connected rather than the face-to-face interaction we employed in the office. And everyone seems to be getting along just fine.
Or are we? While COVID-19 may have permanently changed the way many...
How to calculate net profit margin for your business
We go into business to make money, so wouldn’t you want to know how much money you’re making? That’s why calculating net profit margin can be so useful. Net profit margin lets you see exactly how much money your business is making after all related expenses have been taken into account.
How to know when to sell a stock
Whether on TV, on the radio, or from your third cousin at the Thanksgiving dinner table, there is a lot of chatter dedicated to the discussion of which stocks are hot buys.
For many investors, buying and researching what stocks to buy is fun and interesting. Others are...
5 ways to help your business win in times of crisis
March 11, 2020 is a day destined for the history books: “WHO Declares Coronavirus Outbreak a Pandemic.” It was that day that, all around the world, leaders began scrambling, ripping through the pages of their crisis playbooks (or quickly creating them), searching for their pandemic play-by-play. Shortly after came the day the markets crashed on March 16,...