Budgeting and Personal Finance
What You Should Know About Penny Stocks
Penny stocks can present an intriguing opportunity to score quick profits, but trading in these low-cost investments is a risky venture. In general, the most profitable stocks are those that come from well-established, successful companies….
Don’t Make These 5 Huge Blunders When Investing in Real Estate
Real estate investing is one of the biggest business and investing crazes of the century. Prominent investors often use real estate to diversify their portfolios. It’s also a stable, profitable venture that beginning realtors can…
Turn Your Vacation Fund into Investment Earnings, Not Expenses
In the past, there seemed to be only a few options for vacation destinations: hotels, motels, camping, and, since 1969, timeshare properties. Sometimes, vacationers may have been fortunate to stay with relatives in Florida or…
9 Actionable Tips for Small Business Budgeting
Balancing a budget is rarely simplistic. But a business with a budget is a business with a goal. A budget gives your business guidance, clarity, and focus. It gives you the ability to know where…
Personal Finance: Is It Worth It to Sell or Hold Gold Investments Right Now?
As an entrepreneur and business leader, you know that investing extra profits is the only way to keep your money. Period. With the price of the dollar decreasing, stagnant money equals draining money. Last year…
10 Common Mistakes with Startup Financial Projections
I was glad to be asked about common mistakes with financial projections. I read about 100 business plans a year for angel investment and business plan competitions. Most show unrealistic profitability. More people doing business…
So, What If You Run Out of Money?
Money in the bank is like oil in the car. Certainly, you have many ways you are pulled every day, both tactical and strategic. But when money is the issue, your time, energy and focus…
Your Personal Credit Score Matters More Than You Realize to Your Business
As an entrepreneur, it is assumed that you are aware that your business credit matters. It makes a difference in applying for loans, it affects your credit score, and improves your ability to apply for…
4 Keys to Successful Business Budget Management
Nothing about starting your own company is easy. Thankfully, when it’s just you and your partner, it’s fairly simple to monitor your spending and keep your budget in check. You’ll reach a point though where…
Why It Is Important to Keep an Eye on Your Cash Flow
If profits are up and the projections look good for the next month or two, should you kick back and relax? Maybe not. No matter how positive other signs may be, if you’re not keeping…
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