Is Your Business Growing But You're Afraid to Pay Yourself? Do these 4 Things
Setting a salary for your work as the founder can feel self-indulgent. It shoudn’t! As long as your planning and cash flow support it, not only should you feel good about it, your business depends on you taking a salary. Four benefits of paying yourself a salary as the owner..
This Undeniable Fact Will Force You To Reconsider Your 100% US Stock Allocation
What the rise in price of chocolate and drop in price of eggs can tell you about investing in different economies here in the US and abroad.
Home Country Bias: Should Your National Pride Dictate Your Investing Decisions?
Why home country bias is generally a bad idea for your investment portfolio.
S-Corp Owner? Ignoring this = missed tax savings & increase audit risk
The most important metrics to review in June and July in order to inform your cash flow, cash reserve, investment portfolio, retirement savings and tax planning for the rest of the year.
Don't Wait Until December to Review These 3 Things
What financial planning items can you review in July to free up more bandwidth for key end-of-year decisions? Debt, estate planning and insurance.
Why Mid-Year Plan Reviews: What's Trending?
The most important metrics to review in June and July in order to inform your cash flow, cash reserve, investment portfolio, retirement savings and tax planning for the rest of the year.
Work from home as a sole proprietor? Make sure you are capturing these home office deductions!
A primer on home office deductions as a sole proprietor. How to calculate home office deductions and which calculation should you use?
Struggling with high interest debt? Reframe Debt as a Return
Debt is typically perceived as an obligation rather than a return on investment. The interest rate you are paying on a loan should be viewed in parallel with the opportunities available in other assets. Have a sub 3% mortgage when the current 30 year fixed rates are at 6%?? Keep it and pay it down slowly! Have a 20% rate on your credit card balance? Pay that balance down as soon as possible. You aren’t getting a 20% return on average from ANY risk asset.
5 Financing Alternatives to Merchant Cash Advances
The best outcomes when it comes to financing ultimately stem from optionality. The more options you have to either finance growth or get yourself out of a cash flow pickle, the better positioned your business will be. Here are five financing alternatives to those toxic merchant cash advances.
Should you get a Merchant Cash Advance? 6 Reasons Why MCAs are a BAD IDEA
Merchant cash advances (MCAs) are a tantalizing form of financing. They’re quick and easy to apply for. But what’s quick and easy in the world of financing usually comes with a laundry list of caveats and red flags. Beware of MCAs!