by Leif Jensen | Jul 15, 2020 | Running a Business |
Overspending whether in business or home will only cause trouble. I had a client who had a huge payday and literally spend all the proceeds, while paying no taxes They came to us with a huge, and I mean huge tax bill from both the IRS and Illinois. When I asked why...
by Leif Jensen | Jul 14, 2020 | Running a Business |
Years ago, I was working with a client who really thought she was better than she was. She was looking at selling her business at one point and expected to earn $150,000 from the purchasing business. When I explained the financials to her and we did some quickie...
by Leif Jensen | Jul 1, 2020 | Running a Business |
First, we had the virus and the closing of most businesses, then we had the protests and looting. Now we have cities moving to open up, but the virus numbers are increasing as well. In October it is believed that the virus may come back in full force. If so, will your...
by Leif Jensen | Jun 30, 2020 | Running a Business |
I was having an argument with my son a few weeks ago. He was complaining that there is no freedom in the US to make your fortune today. I had to call bullshit on this claim. Within the last 20 years I started my business, when I did I started with nothing, no clients...
by Leif Jensen | Jun 22, 2020 | Running a Business |
I was meeting with a small business owner who had received their PPP funds. But as with most things government related it was not completely welcome. They had furloughed a number of workers because of the shutdown, But they had to bring back unnecessary employees...
by Leif Jensen | Jun 10, 2020 | Running a Business |
I sit on a company’s Board of Directors (BOD) as Chairman. I took over from the previous Chair as he left the BOD. I have been on this BOD from the very beginning. I actually suggested to the owner that he should have a Board of Advisors(BOA) or a BOD. The company...
