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!
If you work from home, you may be skipping over all kinds of home office deductions and you also may not realize you have two ways to calculate your home office deduction.
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!
Applying for a mortgage as a business owner? Make it less awful with these tips
Applying for a mortgage as a business owner? Your business is humming but your bank is giving you pushback. These tips can help make the mortgage loan application process smoother and boost your chances of getting an attractive rate.