One way to finance your business is to find wealthy individuals who can provide the funding you need. Often called “angel investors” these are private investors who may also be entrepreneurs. Guy Kawasaki writes in his book “The Art of the Start” that raising money from angel investors require s a different approach because their […]
Financing
10 Biggest Business Blunders
The authors of the book The Maui Millionaires, David Finkel and Diane Kennedy, continue their exploration for amassing wealth in their new book “The Maui Millionaires for Business. The publishers sent me an excerpt of the book, which focused on how entrepreneurs and business-people can successfully solve wealth challenges. According to the book, here are […]
Making Sure You Get Paid
One of the common problems of many small and home-based businesses is ensuring that they get paid for the products provided or services rendered. I’ve seen this first hand with the lawnmowing/tree services company that we hired for our home. No, the problem is not with us :o) but in the way they try to […]
How to Increase the Cash Flow in Your Private Practice in 30 Days
If you have a busy private practice, chances are you also have pockets of cash lying around available for the plucking. It simply hasn’t been collected yet, and may even have been overlooked. Here are 10 ways to increase your cash flow over the next 30 days. Collect at the Time of Service Include in […]
Increase Your Business Growth and Cash Flow Through Equipment Leasing
“If it can be manufactured, it can be leased.” For the past decade or so, this statement has become more and more true to fact. From computer software to commercial aircraft, equipment leases are utilized day in and day out in a constantly changing and highly aggressive business environment worldwide. To gain or to keep […]
Purchasing Health Insurance
The report can help small business owners and self-employed individuals research potential savings on their health insurance premiums and to consider health insurance plan premiums as an important financial data point when making relocation decisions.
Deferring Income for Small Business Owners – Keogh and Alternatives
While the powers that be in Washington debate how the country should deal with the Social Security system and private accounts, small business owners have to make their own decisions about funding retirement. From a tax viewpoint, this is all about deferring tax from the present to the future, and meanwhile compounding your earnings pre-tax. […]
Project Your Business Financials Based on Reality
First-time entrepreneurs gearing up for the launch of their company have a tendency to overstate the company’s revenue forecasts. They even believe the sky’s the limit for their new company. However, without cold, hard facts in the form of actual performance, a startup company’s revenue forecasts are nothing more than a work of fiction waiting […]