Many companies today undervalue or don’t fully understand the meaning of culture. Sure, it lives in the social aspect of an organization, the collective attitudes and the “vibe” — but that’s only half the story. Culture also exists in business operations. The culture in the work is why people love their…
Inflation is an economic trend in which prices for goods and services rise over time. The Federal Reserve uses different price indexes, including the Consumer Price Index, to track inflation and determine how to shape monetary policy. Generally speaking, the Fed targets a 2% annual…
Mark Farfan treats crypto as a mixture of investing and gambling.
He’s a long-term holder who only puts in what he’s comfortable losing. While most of Farfan’s crypto portfolio — 80% — is in coins he’s confident are here for the long haul, like Bitcoin and Ethereum, he’s also…
All business owners understand and appreciate the importance of revenue to the success of their businesses. At the outset, revenue is critical to the ability of a business to pay its expenses and satisfy any payroll obligations. Investors will examine the history of revenue of a business as a benchmark to evaluate the future profitability and potential growth…
You need cash, and you’re thinking about borrowing from your life insurance policy. Right now, you’re on the fence, because you don’t know whether this idea is brilliant or extremely unwise.
The last thing you want to do is make a move that will have…
Starting a business is exciting and rewarding. But determining how much everything will cost can be challenging, as can finding those funds. A Shopify survey of 300 small business owners and 150 aspirational entrepreneurs in the U.S. found that they spent, on average, $40,000 in the first year of business. But every business is unique, and costs will vary…
As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing…