Finance
Why Loaning Money to Friends is Always a Bad Idea
Fifteen years ago, I learned this lesson the hard way. A relative of mine hit difficult times in their finances and asked me for a $10,000 loan. You might be familiar with loaning money to…
The Often-Ignored Trade-Offs of Reducing Supply Costs
When it comes to supplying product, optimizing cost, cash, and service in a highly dynamic marketplace is essential. The portfolio and commercial sides of the business have to consider which products should be sold and…
Financial Literacy for Seniors: How Businesses Can Help
As seniors age, it becomes increasingly important to understand financial concepts and make informed decisions about their money. This is where businesses can play a crucial role in promoting financial literacy for seniors. By providing…
Top Features to Look for in Lending Software Solutions
The lending market is dumping the traditional processes of loan documentation, approval, disbursement, and collection. Lenders are rapidly innovating with modern lending software solutions. The new trend is cloud-based loan software technology. This tool helps…
Streamline Business Tax Filing With These Regular Tasks
Prepping your small business for tax filing doesn’t have to be a headache. By implementing certain tasks consistently throughout the year, you can simplify the process and avoid the last-minute rush. Here are five essential…
Why Classic Cars are a Smart Investment vs Traditional Assets
Traditional assets like stocks, real estate, and art have long been dominant, classic cars have emerged as an intriguing alternative. Beyond their aesthetic appeal and historical significance, classic cars have proven to be formidable investment…
8 Surefire Ways To Save $1000 Fast
How many times have you told yourself, “If I just had an extra thousand dollars in my pocket I would . . . .” in your life? There are many things that we would like…
Why Hiring Your Kids This Summer Is a No-Brainer (Video)
Hiring your kids for summer or holiday jobs isn’t just a parental power move. It’s a savvy business strategy that screams “tax savings!” On-the-Job Experience First off, when you hire your kids, you’re not just…
Budgeting Basics: Managing Finances for Small Business Success
Proper financial management is a cornerstone of any successful business today, regardless of your preferred market or industry. Without the ability to oversee financial decisions, investments, and expenses in real-time, managing your company’s profitability, investor…
Business Owners Optimistic as Economic Conditions Improve
What a difference a year makes. New research finds that small- and mid-sized business owners are increasingly optimistic as economic conditions improve and the prospects for their own businesses. According to PNC’s Spring 2024 Economic…
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