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Business Owners

PPP Loans and Public Shaming

Watch this video on YouTube On March 27, the US Congress approved a $2.2 trillion stimulus bill intended to inject money into the economy to help the millions of workers and small businesses devastated by COVID-19 closures. The CARES Act provided for $350 billion for...

Realities and Risks of Being a Landlord

Watch this video on YouTube In a recent column on ways to share an unneeded stimulus check, I suggested you could consider giving it to someone struggling to pay their rent. Initially, I added, “Doing so will benefit both the renter and the landlord.” Upon...

Should Security Deposits Be Illegal?

Watch this video on YouTube If lawmakers in several states and cities have their way, the traditional security deposit for housing rentals may become a relic of the past. If you’ve ever rented a house or apartment, you’ve almost certainly paid a security...

Entrepreneurial Mindset Can Hinder Wealth Building

Watch this video on YouTube “Help Wanted: Entrepreneur.” You have probably never seen an ad like this, because entrepreneurs are not hired. They hire themselves. Merriam-Webster defines an entrepreneur as “a person who starts a business and is...

Protect Business, Employees Against Embezzlement

Watch this video on YouTube After reading last week’s column on embezzling, KFG operations manager Beth Kangootui shared the following story: “‘Our accountant is leaving and we think you have the ability to learn bookkeeping. Do you want the...

Embezzlement Has High Financial, Emotional Costs

Watch this video on YouTube As a fan of our local ECHL hockey team, the Rapid City Rush, I was sorry to learn recently that the team’s new owners had uncovered evidence of some $500,000 worth of embezzlement over the past several years. Other embezzlement...