Those who have passed Accounting 101 understand that business owners should focus on building the net worth of their business by adding to their asset base while reducing liabilities. The difference is owner's equity, the value of the business.
Most investment options offered by company-sponsored retirement plans are designated for the accumulation phase of retirement, and not the income phase.
I like to call "referrals" the low-hanging fruit on the tree of sales because they are a reward for a job well done.
Have you heard story about the business owner who went home to visit her mother?
Many Americans, especially those in the retirement red zone, are facing a new reality regarding their retirement. With most Americans experiencing declines in their 401(k) plans and retirement portfolios as a result of the capital market turmoil over the last several months, many ask, "What do I do now?"
Now that all the debate about whether we're in a recession or not is over, it's time to keep business afloat.
The headlines are everywhere. Corporate layoffs and downsizing have become commonplace among companies of all sizes and in varying industries. From Lehman Brothers to Coca-Cola to Borders, companies are adjusting to the declining financial market by cutting jobs.
Naming the correct beneficiary of an IRA allows the possibility of tax-deferred growth for decades and can turn even a modest IRA into millions of dollars for your spouse, children, grandchildren or other beneficiaries. Below, I will discuss the basic options available when choosing an IRA beneficiary.
As the owner of a business, are you ready to be asked and truthfully answer these questions when asked by an employee?
For most investors, market volatility is a fact of life. Stock prices fluctuate from day to day, and markets ebb and flow over time along with the economy and business cycle.
Fear is a great motivator. After all, it keeps us out of harm's way most of the time - but it can also paralyze you if you let it.
The California court form on which a party requests a divorce does not allow a spouse to indicate a specific reason for divorce, such as adultery, lying, addiction problems or unfaithfulness.
As it becomes more difficult for consumers to manage debt amid job losses and the downturn in the housing and financial markets, more and more Santa Clarita Valley residents may find themselves examining their finances in 2009.
Find the right fit for your skills and get reduce stress
In this competitive credit market, it's all the more important for Santa Clarita Valley residents to have a good credit score. Your credit score affects your candidacy for a loan and the interest rate and terms you receive on a loan. It could also make the difference between a landlord or homeowner choosing you as a tenant or an employer hiring you.
Do you remember when Google was just a cool and reliable Internet search engine? PC Magazine recognized the company as the search engine of choice in the top 100 Web Sites for 1998.
Books like "Built to Last," "The Breakthrough Company," and "Good to Great" were written to help business people improve the companies they own, lead and run.
The housing market in the Santa Clarita Valley started the New Year tentatively, yet encouraging news abounds as the traditional Spring home buying season approaches.
If you wonder why your sales people aren't more productive, aren't making enough presentations and are slow to close deals, it might not be the industry you are in, your location or the economy not cooperating.
According to the recent news release from the Bureau of Labor Statistics the US economy added 113,000 jobs in January 2014 and, "…job gains occurred in construction, manufacturing, wholesale trade, and mining…Employment in manufacturing increased in January (+21,000)…Manufacturing added an average of 7,000 jobs per month in 2013."
Years ago a major manufacturer hired a research firm to conduct a survey of the cultural climate of the company.
Under the federal Ability-to-Repay rules that went into effect Jan. 10, lenders received guidelines on the type of financial information homebuyers must provide lenders when seeking a loan.
Research suggests that employees do not leave because of the company they work for, but they quit because of their manager.
What is our fascination with forecasts? Are they really helpful and how can we use them for planning purposes?
At the end of the first month of the year, are your objectives for 2014 being met? Have the results versus your goals left a gap? Are you worried that what happened or what didn't happen in January can spread to February? Or March?
In May, 1976 I had just finished what I first thought was my junior year of college. When I put a pencil to things, I discovered I was not 12 months away from graduation, but closer to two years.