Category Archives: Business

I Can’t Believe I have Been Blogging for 4 Years

On August 5th of 2008 I put up my first post.  I had no idea if anyone would read about my journey, nevertheless care about what was going on in my life, but I wanted to share my thoughts with whoever wanted to read them.  Since putting that first post up I have seen somewhereContinue Reading

Benefits of Incorporating Invoice Factoring in a Business

Businesses usually resort to invoice factoring in order to attain funds for growth or survival. Invoice factoring or discounting would involve a business selling its invoices to a third party commonly referred to as the factor. Organizations aspiring rapid growth, with negative tangible net growth, operating at very high losses or undergoing bankruptcy turn toContinue Reading

Avoiding Business Bubbles About to Burst

Nothing lasts forever.  This couldn’t be truer when it comes to business booms.  As the dotcom bubble of the early 2000s demonstrated, what goes up tends to come back down at the same speed.  Any financial advisor or planner will tell you to never count on any “hot” business idea being hot for too much longer. Continue Reading

What is a Mutual Company?

How would you feel if you weren’t a customer but rather an owner of your life insurance company? How about if you were an owner of your investment company, rather than just a plain account holder/customer?  Imagine a world where the company theoretically cared about the customer because they were owners of the companies.  AlthoughContinue Reading

Business Succession Planning Should be a Priority for Business Owners and Professionals

Business Succession Planning Should be a Priority for Business Owners and Professionals

There is one aspect of running a business that most business owners often overlook; succession planning.  I am often reminded of the vary scary scary fact that, Approximately 90 percent of U.S. businesses are family firms, ranging in size from small “mom-n-pop” businesses to the likes of Walmart, Ford, Mars and Marriott. Family businesses areContinue Reading