by Leif Jensen | Feb 19, 2020 | Running a Business |
In medieval times the landed gentry had serfs and slaves tend to their land to provide income for their masters. For most of human history, the wealthy have needed the poor to do the work that is necessary to run their businesses and make them even wealthier. Those...
by Leif Jensen | Feb 18, 2020 | General, Rant, Running a Business |
I was reading an article the noted three items that are the biggest time sucks to a small business owners: E-mail Television Social Media I really don’t agree with the list or the reasons given in the article. E-mails are important to my business. I use them as a...
by Leif Jensen | Jan 28, 2020 | Franchises, Retail, Running a Business |
Cricket is a strange player in the cell phone market. Before the purchase by AT&T, I met with an owner of three Cricket locations. This gentleman owned a dozen or so franchises of different sorts and was thinking of hiring a CPS firm to handle the bookkeeping...
by Leif Jensen | Jan 27, 2020 | Money Management, Running a Business |
A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on a borrower’s income and credit profile. A payday loan’s principal is typically a portion of a borrower’s next paycheck. … These loans are...
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...