Years ago, I was a limited partner at Bear Stearns and Company in New York City. Once a year, we would have a partner's meeting, and I would attend as a matter of course. Now keep in mind that we were a trading firm, also a brokerage firm. Back then we didn't do nearly the amount of investment banking that is done by some of the majors such as Goldman, Merrill, and Lehman Brothers at the time.What was most interesting however is...more
If you just started a small business or are thinking about it you know that there are books and books of advice out there. While some advice can be helpful too much can be overwhelming and can make you turn away completely. Still, it's always a good idea to listen to the wisdom of those who went before and have learned the hard way so you don't have to. Here are the top tips for small businesses.Use a business plan. Start by writing...more
Money management is one of the most difficult tasks that a small business owner must face. In the early days, you may have a very uneven income stream, putting out personal funds for startup expenses and operating at a loss. As your business grows, it may become your primary source of personal income. Especially if you work alone or have only a few employees, it is easy for your business finances and personal finances to become intertwined. However, for many reasons, it is important that the two remain separate and distinct. Provided here is a guide to separating your finances.Why Should I Separate My Finances?The most important reason for separating your business and personal finances is for tax purposes. You may be entitled to certain deductions for your business, such as expenses for your home office and a mileage allowance for your vehicle. Many of these deductions are not available to individual taxpayers, only to businesses. Likewise, you may be responsible for paying certain taxes on your business that do not apply to your personal income. Separating your finances is the only way to ensure that you properly follow all tax laws and receive all advantages to...more
People who want to begin their own business often have a rough time picking an idea that will work for them since they must have access to plenty of money to start it and also to locate something that they are able to feel passionate about. Are you a fan of blossoms? If you are then you should find that this may be a great place to...more
There are some business opportunities that will almost always make money for a shrewd operator and on of these businesses based on my personal experience is a well run beauty salon.This business lives or dies by the quality of people who work in the salon and the national chains have very little advantage over somebody who wants to...more
You might have been intrigued by the allure of obtaining small business grants from the federal authorities to start or broaden your operation. As fantastic as it may well sound to obtain a federal government grant that you don't have to shell out again, such grants don't actually exist. You didn't think small business financing was that simple, did you?Although the federal federal government does not offer grants for starting or growing modest businesses, it does supply a myriad of services to aid entrepreneurs in pursuit of their goals. A single of the mechanisms in location to promote little business progress and fiscal advancement is the CDFI Fund managed by the US Division of the Treasury. In the present fiscal yr the federal authorities is allocating more than $12 Million to help CDFIs.CDFIs fall into 3 categories:Neighborhood Advancement Bank loan MoneyLocal community Improvement Credit UnionsGroup Advancement Banking institutions - Including Thrifts and Holding FirmsGroup Improvement Undertaking Cash ResourcesThe genesis of the CDFI Fund was the Riegle Group Improvement and Regulatory Improvement Act of 1994. The reason for the fund's existence is to foster...more
Being a musician for many years now, all I ever wanted to do was to be able to make a good living by doing what I can't do without, which is performing and writing music. Its a blessing to be on a stage looking out over a big room full...more
You may be wondering where to get business cards templates for free and on the fly. Making your own business card templates may be quite a burden for you if you do not have time to spare. Also, you may not be confident with your design...more
The city of Houston is America's fourth-largest city and although a scatteringLocation, much of the appeal is concentrated in the city core, involving theDowntown area and the Galleria Mall. Houston is a litter and glowing city, with...more
When someone needs fast cash without any delay, hassle free payday loans can be the easiest financial solution for anyone. These loans offer small monetary help to the people with speed and expediency on the very same day one applied. Thus, if a...more
If you are looking to impress a potential client, a reliable colleague, or a steadfast customer with gifts, look no further than crystal business gifts. Business gifts are much more than a simple present. Instead, these gifts are...more
Make Money Business Opportunity Well if you're looking for the answer to your question that whether you can earn a higher income than your real job just by a computer, an internet connection and a sofa to sit on, the answer is YES! I...more