Identifying cheap stocks in the market seems like an obvious move to execute the buy low, sell high strategy, but it can lead investors down unexpectedly treacherous paths. Cheap stocks are often priced that way for a reason, and overloading on these names can expose investors to bad companies, low-growth industries, and cyclical time bombs…
As an entrepreneur, you may be familiar with limited liability companies (LLCs). They allow you to protect your personal assets from potential legal liabilities in your business. Once you try to raise venture capital for your business, you may hear the term limited partnership (LP).
Limited partnerships are often used by private equity and venture capital…
I love a good sales plan. It really sets the tone for any business by laying out how you’re going to find those customers and get them to pull out that credit card. It’s something any business owner can positively obsess over — and for good reason.
A business without a sales plan is like a ship without a rudder. If you…
Robo-advisers have soared in popularity over the last decade, with the automated investing advisers quickly growing assets under management, many into the billions. But how do they compare with traditional financial advisers?
Perhaps surprisingly, after an initial period of shunning these…
From a top-level view, setting up a payment processing system seems like a straightforward process.
For the most part, you’ll have to create a merchant account and get approved. When customers make card-based payments, you submit the transaction details to the payment processor, the issuing bank…
If you need extra cash to pay for home improvements, finance a wedding or consolidate high-interest debt, you might want to consider a personal loan. Used wisely, an unsecured personal loan can fill a void in your budget without risking your home or other assets.
As with other loans, rates for personal loans hinge on your credit…
Once you have proven a successful business model and business is going well, many entrepreneurs seek to scale their operations. But, scaling doesn’t just mean hiring more inventory and selling more. To scale successfully, it must be done holistically: with the team, the company infrastructure, and daily operations to ensure the team can keep up with the scaling…