by Leif Jensen | Sep 4, 2018 | General |
I recently had a client sell off their assets and close their business. They had chosen a venture that could be successful and they were marginally successful. But their margins were small, so they need a tremendous amount of volume to cover the fixed costs, let...
by Leif Jensen | Sep 3, 2018 | General |
I recently meet with a client and we were discussing the economy. She indicated that we are entering a period of a negative yield curve (or “inverted yield curve”) on interest rates. To better explain this, I found this definition on Investopedia.com: an inverted...
by Leif Jensen | Aug 29, 2018 | General |
What do you do to recover from a major misstep that had a significant cost? I was talking to a peer who works with a restaurant in my neighborhood. The original owner created a successful business but was getting older and wanted to step down. They transferred the...
by Leif Jensen | Aug 28, 2018 | General |
I have never been a fan of having partners. You have all of the responsibility of what they do in the business whether it is good or bad for the business. Wrapped up in an S-Corp gives you some protection, but I have seen too many go bad. But now I myself and a...
by Leif Jensen | Aug 27, 2018 | General |
Amazon has been vilified on social media lately, which is surprising since President Trump is also not a fan either. This mix would have trouble agreeing on the color of an orange, let alone agreeing on a common villain. According to a Business Insider article:...
