My good friend Mitch has written an excellent article about the difference from a SBA Disaster Loan verse a Traditional Loan. "There are two distinct lending arms or agencies of the U. S. Small Business Administration (SBA); the disaster arm and the traditional or...
Tax Tip on retirement planning for 2014 and 2015. Its not to late to make tax deductible donations for this year to help with lowering your taxable income. 2014 and 2015, the maximum you can contribute to all of your traditional and Roth IRAs is...
To burn or not to burn…that is the question. I have always held the truth that it is best to always leave any employment situation on as good a footing as possible. Nearly every online application you fill out will require you to...
I hope everyone has a great day...
The secret to success is not really that big of a secret…It’s really that old golden rule that your mom or grandmother told you: “Treat others as you would like to be treated” and if you are really good at that you will take it...
Chart of Accounts A chart of accounts is a master list of all of the account names that a company has identified for recording their financial transactions in their general ledger. A general ledger is the portion of the accounting system that contains the balance sheet...
Growing up in the mountains of western North Carolina there were two things that I loved above everything else. I loved my family and I loved the University of North Carolina Tar Heels basketball. This was back in the days when players like “Big Game”...
When you hear entrepreneur or self-employed the visions of a “Lone Wolf” come to mind but in reality we are never really functioning alone. Everyone has a boss. When you are a child and going to school your bosses are your parents, teachers and coaches....
Compensation for Sales Staff Elizabeth Wasserman, author of How to set up a Sales Compensation Plan, states that “One of the biggest management challenges for a growing business is compensating salespeople effectively. You know you need an incentive compensation plan that encourages your sales force to...
According to Steven Schussler, Founder of the Rainforest Café, he states in his book It’s a Jungle in there that multi-tasking is a key skill for any entrepreneur. He even open’s his chapter 5 with a quote by Marilyn vos Savant who stated that “A...
