Most of us rely on calendars to keep track of everything in our lives, from doctor appointments to vacations. Why not use one to keep track of your finances as well? For example, you may have that doctor visit marked, but have you also written down the amount of your copay? And do...
Passive income can be a great way to help you generate extra cash flow, and the economic upheaval largely caused by the COVID-19 crisis is a testament to the value of having multiple streams of income. With the pandemic throwing the job situation of many Americans into disarray, passive income helps you bridge the gap if you suddenly become unemployed…
Many entrepreneurs are stuck, frustrated, delusional or complacent. They generally don’t have enough time, they have too few customers, recruitment is difficult, and they are overcome by self-limiting beliefs and their fixed mindset.
As an entrepreneur, you must always be thinking about reinventing…
Being a business owner carries its share of risks and rewards. One of the more prominent risks is running low on cash. Luckily, managing your cash flow properly can help mitigate that risk.
That’s why cash flow projections are so important. Completing a cash flow projection for your business allows...
As you build your business, you’re faced with innumerable decisions: where to open a storefront, which vendors to partner with, what your logo should look like, how many employees to hire, and whether to play laser tag or have a scavenger hunt for a team-building exercise (I vote for laser tag)…
Knowledge is power, especially when choosing which stocks to invest in or sell to build a strong portfolio.
One method that might help you figure out the intrinsic value of a stock is fundamental analysis. When you think you know the fair market value of a stock, it can help you determine whether it’s a suitable stock to buy…
Most entrepreneurs at least partially depend on the state of the economy for their businesses to thrive. During times of high consumer confidence, spending is higher, companies are willing to take more risks and most businesses are able to generate more revenue. But during times of hardship, it’s harder to get financing, revenue dries up and…