General Archives |

Business Smartphone

I know just about everyone has a smart phone and uses it for both business and personal purposes.  A number of people have their bank and credit card information entered and accessible on their phone. Nothing surprising here, a vast number of people have the totality...

Margins and Volume

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...

Yield Curve

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...

Major Misstep

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...

Partners

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...

Amazon

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:...

Pin It on Pinterest