by Leif Jensen | Jan 22, 2020 | General, Money Management, Running a Business |
“Banks and credit unions have become so sophisticated in driving up overdrafts that Americans now pay more in overdraft fees every year than they do for books, cereal, or fresh vegetables,” according to the Center for Responsible Lending senior researcher...
by Leif Jensen | Jan 14, 2020 | Running a Business, Taxes |
Payroll tax scofflaws continue to be a major area of focus for the IRS. These are firms that withhold Social Security and Medicare taxes from employees’ paychecks, but use the withheld funds for personal expenses or to pay other creditors instead of sending the money...
by Leif Jensen | Jan 13, 2020 | Retail, Running a Business |
It is not hard to believe that the e-commerce is still growing, if you listen closely you can hear another retailer shuttering their doors. Nor is it hard to imagine that electronic business to business if the fastest growing segment of the market. Apparently half of...
by Leif Jensen | Jan 8, 2020 | Running a Business |
Michael Lewis in his book “The New, New Thing” offers us possibly the best distilled the definition of a business model: “All it really meant was how you planned to make money” That is the ultimate purpose of all businesses, enterprises and Not-for-Profits, it is to...
by Leif Jensen | Jan 7, 2020 | Running a Business |
I was at a several day seminar a few weeks ago and at several times throughout the seminar touched on the topics of due diligence. That got me thinking about my clients and their responsibilities for due diligence: with clients, employees, health and well-being, etc....
by Leif Jensen | Jan 6, 2020 | Running a Business |
Cash the life blood of every organization. So what is the current state of your receivables? I personally always liked how Jean Sheppard put it “In God we trust, all others pay cash”. I know he probably did not create the saying, but I know it from his book. If...
