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The oil company British Petroleum faces an environmental disaster in the Gulf of Mexico that is eventually expected to cost more than the Exxon Valdez tanker spill in 1989. The thousands of tons of floating oil threaten the gulf coast have caused Alabama...
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One measure of small business success: how long does it take to “break even” - and reach profitability? The biggest hurdle that one faces when starting a small business is the profitability hurdle: the time it takes between opening for business and the...
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Our small business adventure continues this week ... I have discovered that there are a huge number of things to accomplish when starting out in business. We are knocking them off, one at a time … and hoping we haven't forgotten anything. Projected...
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Effectively planning your financial life is not unlike a well-played chess game! As I played a game of chess yesterday evening against an unknown internet opponent, it occurred to me that there are many similarities between a well-played game of chess...
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In this world nothing can be said to be certain, except death and taxes, wrote Benjamin Franklin in 1789. Well, its tax time again – time to file our annual reports on how we did – financially in 2009. And of course, to pay our share! In order to minimize...
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There are few personal finance tools more powerful, more necessary … and more unused … than the household budget. Few would attempt to run a business without a financial plan that charts the path between success and disaster, but it is far too common...
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