For small investors, a slice of a stock might be better than none at all.
That, at least, is the theory behind the purchase of fractional shares, investments that represent less than a full share in well-known companies trade on major exchanges like the NYSE or Nasdaq…
When Lorri Mealey took over her first restaurant in 1999, it was suffering from a common affliction: The too-big menu. You know the kind — pages upon pages of every type of cuisine under the sun. While the idea of ordering a baked potato with a side of lo mein might seem appealing at first, the problem was that none of the cooks could make the same dish the same way…
There’s no doubt about it: pollution and waste has become a large problem for the planet for the past few decades, and will only continue to become more of an issue if nothing is done to stop or slow it down. But it’s not all doom and gloom: by now, it’s likely you’ve heard about sustainability: a movement that has been making headlines, but mostly only in people’s personal lives. As the environmental situation becomes…
Tax liability is the amount of tax that you owe a particular tax authority. While the most common tax authority is the IRS, small businesses can also have a tax liability for other tax authorities including state and local jurisdictions.
Liabilities represent money that your business owes; therefore, your tax liability is the amount of money that your business owes various…
Being visible is something that people really struggle with. But the reality is that visibility is the only thing that is going to make you stand out from the masses if you believe that your contribution and service will positively impact the broader community. The simple but hard truth is that your business is not unique. Someone is already doing it, and may be even better than you if you compare purely with sales and profits…
Whatever your reason for moving, figuring out what to do with your current home may not be as simple as listing it. Depending on your financial situation and your local housing market, you may be better off renting it out than selling it, or vice versa.
If you’re caught in the “Should I sell or rent my house?” debate…
As a business person, you may have seen the term “durable power of attorney” in several situations. Power of attorney is a strange term because it’s not immediately clear what powers an attorney for the business may have. Some business persons may need a power of attorney while others can get by without one. But which type of business would it benefit the most? Here, we’ll look at what types of power of attorney exist and what…