My “day job” consists of building marketing strategies for small and medium-sized businesses. In general, my clients are usually hesitant to advertise, fearing that money spent on an advertising strategy is spent for nothing.
SEP IRA vs. Individual 401(k)
When you own a small business, it’s easy to overlook investing in a retirement plan. After all, you don’t have “the man” to remind you that you should have a retirement plan — and you don’t have that matching contribution.
April 18, 2012 By 3 Comments
Financial Literacy for Small Business Owners
When starting a small business, it’s easy to get caught up in the day-to-day operations. In many cases a small business owner starts something up without really considering the financial situation. Some business owners even make their personal finances secondary to trying to get the business off the ground. However, as Financial Literacy Month continues, [...]
April 16, 2012 By 1 Comment
Is Buying A Franchise A Good idea?
One of the options for those who want to own a business is to buy a franchise. When you purchase a franchise, you are basically buying the right to operate a retail location under an established brand. Often, people think of food establishments, like McDonald’s (MCD) or Subway, when they think of franchises. But it [...]
February 27, 2012 By 8 Comments
Small Business Financing Options
Obtaining financing for a small business can be a real headache. That is because many of the larger banks are often hesitant to lend money to smaller companies and startup businesses that need financing. A small business owner is left searching for alternative sources to fund their day to day business names. There are a [...]
February 22, 2012 By 1 Comment
Why Your Small Business Should Offer a 401K
A recent survey by the Wells Fargo/Gallup Small Business Index showed that about 50 percent of small business owners are concerned that they wonít have a sufficient amount of money in savings to retire. If these owners are worried, what about their employees? They need a comfortable nest egg as well. Helping your employees build [...]
January 25, 2012 By 2 Comments
Why Google’s Panda is Not Cute and Cuddly
Google’s search engine algorithm updates (otherwise known as Panda) are just like real pandas. They appear to be cute and cuddly, until you get mauled by one. The Investor Junkie web site has been bitch slapped, and wrestled to the ground by Google’s latest Panda update. According to Google’s Matt Cutts the anti-spam king, this [...]
October 19, 2011 By 17 Comments
How A Small Business Can Perform Like Wynn Resorts
Steve Wynn, the founder Wynn Resorts (NASDAQ: WYNN), spoke yesterday on their quarterly conference call. The average investor does not listen to them. Most quarterly conference calls are a snoozefest, but not this one where the fireworks were going off. Its been known that Steve Wynn, who voted for Obama, despises President Obama’s policies. Unlike [...]
July 19, 2011 By 10 Comments
Just Starting Up: Loan or Investment?
When starting your own business for the first time, one of the very first decisions that you’ll have to make is how you’re going to get access to the initial burst of capital necessary to start and grow a company. You might need money to pay for start-up costs such as buying office equipment, or [...]
July 12, 2011 By 3 Comments
Are You Working For Minimum Wage?
I’m a hard working individual. I guess my work ethic was instilled upon me by my parents. I’ve always believed in under promising, but over delivering. The problem is this work ethic can be taken advantage of. Not only by employers, but also by yourself when owning a business. Let me explain.
May 9, 2011 By 8 Comments
