by Leif Jensen | Oct 5, 2016 | General |
Before Tim Berners-Lee invented the World Wide Web for the Internet, a business’s location was generally limited to its brick-and-mortar office or storefront. The WWW and the internet are now considered one and the same, by most. Allowing the Internet to created new...
by Leif Jensen | Oct 4, 2016 | General |
The calculation of basis has always been required and sometimes not as clear to some as it should be. When you take on an investor and sell a portion of your company. You are giving up your rights to those shares and possibly your autonomy to run the business as you...
by Leif Jensen | Oct 3, 2016 | General |
“In the future, everyone will be world-famous for 15 minutes” – Andy Warhol The source of the quote may be contested, but the idea is solid. It seems that now days everyone seems to think that they are special and unique in every aspect. Otherwise why...
by Leif Jensen | Sep 28, 2016 | General |
Do you owe the IRS over $50,000? As part of the FAST Act, the State Department can revoke, deny or limit passports for anyone the IRS certifies as having a seriously delinquent tax debt in an amount in excess of $50,000. With modifications to air travel and an...
by Leif Jensen | Sep 27, 2016 | General |
Do you do an annual budget for you company? I have the belief that a business owner should have an understanding on where their money is coming from, who their money is coming from and when their money is going to come in. From the opposite side of the ledger, they...
by Leif Jensen | Sep 26, 2016 | Case Study |
There is an old business saying, “If you are not growing, you are dying”. In many regards this saying is correct. All businesses are trying to grow. Even those who want to only maintain their current status need new clients to replace those who fall off;...
by Leif Jensen | Sep 26, 2016 | General |
I have a few of clients that are examining opportunities that would force them to give up equity stakes in their companies. One client is looking for ways to increase his business base. While on vacation he met a gentleman that was between assignments and appeared to...
by Leif Jensen | Sep 21, 2016 | General |
The precariat is a social class formed by people suffering from precarity, which is a condition of existence without predictability or security, affecting material or psychological welfare. The proletariat, in a capitalist society, whose only possession of significant...
by Leif Jensen | Sep 20, 2016 | General |
Do you think of elections as an investment? Do you think others might? If you don’t you may be a bit naïve. I am called cynical from my family because I believe most people do just about everything they do for their own self-interests, which typically can be...
by Leif Jensen | Sep 19, 2016 | General |
It seems that the amount of data that we are generating and storing is growing at a truly exponential rate. According to a recent article our collected data id doubling every two years. Most believe that it will change our world forever more. Obviously we are...
by Leif Jensen | Sep 14, 2016 | General |
Here are my version of the history of the “Internet Revolution” The Stone Age Industrial revolution Internet created by the military for the military The internet concept release to the masses Originally just limited data available The use for communication, e-mail,...
by Leif Jensen | Sep 13, 2016 | General |
A few years ago I was working with a group of financial advisors and they were subleasing space from another office. This office had an outside tech guy that came in once a month or so. He had them tied in such a way as to make himself indispensable. But even as he...
by Leif Jensen | Sep 12, 2016 | General |
Once I started my business, I made up my mind that business formal was not going to be the expected dress code. having had to wear suits most of my professional life. I wanted to ease the distance between myself and my clients and a suit has the ability to create...
by Leif Jensen | Sep 9, 2016 | General |
Governor Bruce Rauner recently signed into law the Illinois Freedom to Work Act (the Act), which will prohibit private sector employers from entering into non-compete agreements with low-wage employees. The Act defines low-wage employees as those who earn the greater...
by Leif Jensen | Sep 8, 2016 | General |
A picture may be worth a thousand words, but I prefer words to video for quick short articles or topics. Granted that seemingly everyone is screaming from their pedestals that all blog posting should be video. That Millennials have the attention span of gnats and...
by Leif Jensen | Sep 7, 2016 | General |
At the Sage Summit a number of the presenter were giving their take on Millennials. Everything from how they think to how they act to what to expect from them. I was listening to one Millennial who claimed to be a specialist on her peer group. She explained that the...
by Leif Jensen | Sep 6, 2016 | General |
Ok, you made the decision to start your business, or the decision was made for you. Either way you have a business. After the initial start-up phase you went into the growth phase of the business. You have acquired those initial clients and grew your business from...
by Leif Jensen | Aug 31, 2016 | General |
I sit and have sat on numerous Boards of Directors (BOD) in my lifetime. I also know a number of people who do or have done the same. An overriding concern of being on a BOD will always be the liability issue. Being on a board does contain legal responsibilities the...
by Leif Jensen | Aug 30, 2016 | General |
I recently went to the Sage Summit. It was suggested to me that heavy usage of the Summit app could garner prizes, fame and fortune. When I went to download the app, it was demanding access to very and all aspects of my phone. Why would an app for a three day event...
by Leif Jensen | Aug 29, 2016 | General |
I don’t believe that the commercial property market has ever recovered from the economic downturn. I base this on a couple of findings. Close to home, my complex has a number of open for sales units. When I moved in all were filled and active. But as time...
