The pandemic of 2020 was, suffice to say, one of the most destructive natural calamities the world has faced in some time. Almost overnight, entire countries were shuttered, millions sheltered at home, and entire industries went bankrupt. The economic impact is devastating, but it doesn’t hold a candle to its harsh impact on people. […]
When it comes to your business finances, managing them is likely a lot harder than you think. When you first start out, there are very few things that need to be done at any given time by you alone, which is why you have time to go through the business finances. However, as your business […]
Setting a business budget is essential if you want to make as much profit as possible. If you allow yourself to spend aimlessly, then you will likely not maximize your potential profit. A budget helps you stay within your means and make better financial decisions. If you are struggling to stick to your business […]
It’s the summer of 2021, and the market is on a tear. As of 7/27/21, the Standard and Poor’s 500 Index (a basket of 500 large company stocks) is near a record high- up nearly 36% in the last 12 months. So, if you’re an investor, how much are you earning on your stock […]
It’s the summer of 2021, and prices on many goods and services are increasing. Businesses are paying more for raw materials, and qualified workers hard to find. It’s getting more expensive to produce products and services, and firms are under pressure to increase prices. Two questions may keep business owners up at night: […]
It’s July of 2021, and The Wall Street Journal reports that big Las Vegas Mega-Conventions are making a comeback. Many industries host conventions in Sin City, and these events can lead to large orders and new business relationships. But here’s the real question: Is the new business gained at a convention profitable? Specifically, what […]
When we buy a home, we tend to spend a whole lot of time browsing the housing market, actively searching for something that meets all of our needs. We ensure it has enough rooms and all the different features we’re looking for in a property. But as time goes on, many of us find that […]
Financial freedom has become a catch-all term for anything from becoming a millionaire to being able to balance your budget with ease every month. Being financially free means that you can make the decisions about your finances without a great deal of stress. Freedom also means that the stress around your finances is removed. […]
It doesn’t matter what you earn, saving money is something that everybody should try to do for their own financial future. Saving money isn’t a skill you should be born with. You can learn all the skills you need to build your wealth. The first step is to acknowledge that you aren’t great at saving. […]
Warby Parker, the eyewear company, is “aggressively expanding its bricks-and-mortar footprint and says it is on track to open 35 new stores this year”, according to the Wall Street Journal. Now, that may seem strange after the pandemic, but the business has noticed a consumer trend. Many shoppers want a hybrid buying experience. […]