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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 start up adventure continues … It really is quite amazing (everyone tells us so) just how much we've accomplished in the 21 days since we took the frightening step of signing a 6-month lease on a 1200-foot retail sales space and...
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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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I recently completed writing an article about creating a small business and the pros and cons of working for yourself. I was proud of the final product – it was, I believe a fairly complete exposition of the potential rewards and common pitfalls of striking...
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Millions of people took advantage of the many adjustable-rate mortgage options offered a couple years ago. It seemed like a good idea at the time. Housing values were climbing, houses were being flipped at huge profits, and the low initial interest rates...
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If you’ve been breathlessly awaiting your tax rebate, you can exhale sooner than expected. The first of the direct deposits will be hitting the bank April 28, and by Monday, May 9 the paper checks will be in the mail. All $100 billion of the stimulus...
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On Wall Street there are investors and there are speculators. I'd like to spend this blog explaining the difference. Investors usually take the long view, bring risk calculation into the equation, spread their investments around different sectors...
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