June 18, 2021

Inflation is Coming… What Does It Mean for Small Business?

There is a dark cloud floating around the business sphere right now. It has been discussed in every major board room. I’ve even had a few business owners reach out to me with their concerns. It is no longer lurking around the corner, keeping many business owners on edge. But what can you do to mitigate the damage done to you and your business? Join me, as I take an in-depth look at rising inflation and what it means for your business.
June 15, 2021

Should Business Owners Go “All In” On Cryptocurrency?

Cryptocurrency has become a fashionable asset over the past few years. However, many people don’t truly understand it. In fact, I recently had a business owner call me to ask if they should go “all in” on cryptocurrency. Hence, the title of this entry. Now, I told this owner not to place 100% of their money into cryptocurrency (“all in”), but that doesn’t mean it can’t have a place in your investment portfolio. With today’s entry, I’m going to try to explain an extraordinarily complex subject in financially simple terms. So, get comfy. There’s a lot to unpack here.
January 26, 2021

Stimulus: Should Business Owners Pay Off Debt or Invest?

Recently, the government approved the second round of economic stimulus checks for the American people. With the influx of cash, many business owners are asking how it would be best put to use. In today’s post, we will address how business owners can use the stimulus to their advantage, using principles that can be applied to any sudden windfall. Should business owners use the stimulus to pay off debt or invest?
January 21, 2021

How Much Cash is Necessary in a COVID World?

The COVID-19 pandemic has changed so many things within our society. Not the least of which is how we operate our businesses. In this light, I want to talk about a subject that I’ve discussed several times in the past. I’ve always believed that business owners should hold cash beyond their ordinary cash flow. But in today’s post, I want to explore how this might have changed amidst the coronavirus outbreak. So, how much cash is necessary in a COVID world?
November 12, 2020

The CARES Act, Inflation, and Your Wealth Gap – How Concerning?

Not too long ago, the government passed one of the largest economic stimulus packages in history with the CARES Act. The funding that the legislation provided helped many business owners and non-business owners alike, to weather the storm brought on by the COVID-19 pandemic. But could it create an inflationary bubble that might hinder your wealth gap? In this post, we will take a look at the CARES Act and how inflation affects your wealth gap.
October 8, 2020

Business as Usual? How COVID-19 Has Changed The Way We Do Business

So much has changed since the beginning of 2020. The way we socialize, how we learn, even the way that we operate our businesses, all have been changed by COVID-19. So, as we push forward, what does the new normal mean for our businesses and how can we set ourselves apart? There have been many business changes in the midst of COVID-19. As entrepreneurs, it is up to us to adapt and find new ways to flourish. In today’s blog, I want to address some of these changes and look at ways we can position our businesses to succeed.
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