The Best Investment Advice Nobody Ever Takes
I am not a financial advisor, but I often review investment plans for many clients and one key criterion prompts me to offer some advice.
I am not a financial advisor, but I often review investment plans for many clients and one key criterion prompts me to offer some advice.
Don’t tell lies on your tax returns. The numbers will speak for themselves, and it may be years later when you must remember why you did what you did.
There are two options for investing your small business profits, learn more:
Bankers speak one language – business owners speak a different one – when they get together without a translator, the result is usually frustration.
Have you ever worked through the math of selling versus keeping a business?
How much fun is it to sit with your accountant as they go through every line of your financial statement? Aren’t they speaking an entirely different language?
Even in challenging times, “spending a quarter” makes sense. If you are short on cash, consider “renting” some for a period of time.
Have you ever heard the saying, ‘you need to spend a quarter to make a dollar’? Money is cheap to ‘rent’ these days.
The percentage used to calculate the exchange is not the same as the difference between the two currencies. Learn how the exchange rates are calculated by the banks…
Business owners can relate better to the activities of the business. Financial statements report the results of the activities.
Many business owners ask, ‘what is my business worth?’ That depends if the valuation for a buyer, seller, estate plan, banker or divorce settlement. Here are the basics to help determining the value of your business.
Learn how the exchange rates are calculated by the banks and two money saving tips.
But you can learn from real stories about business owners’ challenges and breakthroughs.
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