Category Archives: Business

Is There Really a Difference Between Opportunity vs Necessity Entrepreneur

I had never heard of the terms Necessity and Opportunity Entrepreneur until a recent CNBC article titled, “US Entrepreneurship Reaches a 14 Year High” by Heesun Wee.  Mr Wee interpreting a Babson Report states, During the depths of the recession following the 2008 financial crisis, Americans who were frustrated with not being able to find work

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 somewhere

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 to

The Secret Business I am Dying to Open Up

I have been giving a lot of thought lately about a very specific type of business to open.  While I have had some businesses in my past (some I am not proud of, and some like this blog that I am very proud of), I have never run a brick and mortar business so the

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.