by Leif Jensen | Jun 29, 2021 | Running a Business |
Deducting race car expenses through a construction firm draws IRS scrutiny. A father and son owned an S corporation that built houses and developed real estate. The son enjoyed car racing, so the company purchased a race car body and parts for the son to restore and...
by Leif Jensen | Jun 21, 2021 | Running a Business |
Seemingly good news for U.S. automakers planning their future shift to electric vehicles: The recent $2 billion settlement between SK Innovation and LG Chem, following a trade-secrets dispute between the South Korean battery manufacturers. The settlement means SK...
by Leif Jensen | Jun 7, 2021 | Running a Business |
Are you one of the many who regularly purchases roasted chickens from Costco? We tend to get ours from Sam’s Club; it’s on the way home. To keep costs as low as possible, Costco opened the $450 million facility in Nebraska in 2019, which processes about two million...
by Leif Jensen | May 26, 2021 | Investing, Money Management, Running a Business |
A number of business for sale state they are a turn-key operation, as well do a huge number of franchises for sale. But, a true turnkey franchise is in a “condition ready for immediate use, occupation, or operation,” according to a strict definition. In most cases, a...
by Leif Jensen | May 24, 2021 | Investing, Money Management, Running a Business |
Thinking of buying a business instead of starting one from scratch? If so, make sure you do your proper due diligence on the business before you pay. I have been watching “Restaurant Impossible” and I am flabbergasted at the price people supposedly paid for...
by Leif Jensen | May 4, 2021 | Rant, Running a Business |
I have been attempting to get some drywall repair done, since I had Permaseal out to do some work. I would prefer to not do it myself. I have done it in the past and I can do it, but others are far better. But over half of the people I called demand a $100 fee just...
