“Capital,” in investment terms, is money to finance the purchase of equipment, supplies and products. On the other hand, “working capital” is money spent to cover day-to-day operating costs of your business. Working capital is cash or accounts...
read moreScammers send fake text messages to trick you into giving them your personal information — things like your password, account number, or social security number. If they get that information, they could gain access to your email, bank, or other accounts. Or they could...
read moreDuring your working years, you probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will...
read moreEstablishing appropriate payment solutions is vital to the operation of your business. Whether you utilize a business credit card to purchase day-to-day supplies, take card payments, or equip employees with purchasing cards, you need the right tools. Are you utilizing...
read moreMany family businesses don’t last beyond the first generation, and it is even more difficult to prosper beyond the second and third generations. Among the many issues to address are successor management, providing retirement income for senior owners, developing a role...
read moreDespite the fact that U.S. small-business owners see the proverbial glass as “half-full” in terms of their future success, some experts believe these owners face a host of issues and challenges that could force them to adjust their business models. Those issues and...
read moreSocial media is a way to stay connected, share our interests and hobbies, as well as connect to the world at large. However, there are some individuals who may exploit the friendly nature of such platforms. The Setup Ever have a profile picture you were particularly...
read moreMaking decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic concepts can help you make smarter choices regardless of whether you already have some investing...
read moreApril is financial literacy awareness month, so it’s a great time to assess your financial goals and determine whether you are using all the tools available to achieve them. Although there are many wonderful informational resources and guides available to teach you...
read moreDoes your business accept card payments from either businesses or the government? If so, your business may benefit by processing Enhanced Data. Submitting Enhanced Data with eligible transactions could result in savings on your processing costs. Let’s break it...
read moreYou may have heard that the great wealth transfer is coming. There are estimates of $30 to $70 trillion in assets to be transferred between generations in the coming decades. For some, it is much closer than they would like, and many individuals leaving an inheritance...
read moreDon’t just count on luck this month to win big. Today there are so many avenues that fraudsters take to scam you. You can get a call, email, or letter saying you won a sweepstakes, lottery, or prizes. Below are some helpful hints pointing you to a money scam: Signs...
read moreIn the corporate environment, there are sometimes circumstances which lead employers to offer certain employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? Start by evaluating it carefully to...
read moreThe prospect of financing a new business can make the most fearless entrepreneur waver – and with good reason. Lack of capital is one of the primary reasons start-up companies fail. The trick lies in knowing how much money you will need to get started and to cover...
read moreIf you care about what happens to your money, home, and other property after you pass, then it is time to do some estate planning. There are many tools you can use to achieve your estate planning goals, but a will is probably the most vital. Even if you’re young...
read moreThe major budget package enacted by Congress in December included a subdivision called “SECURE Act 2.0.” The 1.0 version of this package of legislative changes for qualified retirement plans was the “Setting Every Community Up for Retirement Enhancement Act of 2019.”...
read moreLay the Groundwork You’ve got the idea and are ready to bring to market the next big thing. While your product or service is unique, there are commonalities amongst all successful entrepreneurs. The Right Stuff Experts agree that the following characteristics are...
read moreDo you ever wonder where your money goes each month? Does it seem like you’re never able to get ahead? If so, you may want to establish a budget to help you keep track of how you spend your money and help you reach your financial goals. The new year can be a...
read moreIn a remote access scam, a scammer attempts to persuade you into giving them remote control over your personal computer, which allows the scammer to con money out of you and steal your private information. If a scammer gets into your computer remotely, they could: Get...
read moreWhen it comes to financial planning resolutions, creating an action-oriented plan includes figuring out where you are, what you want, and what you need to get there. These may seem like big, overarching questions, but they can be broken down into a few smaller...
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