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Tag: small business

Cost of Living and Minimum Wage

President Biden’s coronavirus stimulus package has the intention of flooding the economy with money at a time when economic growth is sputtering. Ironically, it contains one provision likely to create exactly the opposite of what he intends: raising the national...

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...

Business Ownership No Self-Indulgent Path to Success

Watch this video on YouTube “Most of my friends assume that business owners spend their money and time on cocaine and hookers.” This jaw-dropping quote came from a young man I was talking with recently about money, investing, and running a business. I was...

Successful Succession Planning Starts Early

Watch this video on YouTube Building a successful small business is somewhat like being a parent. You start with an infant enterprise that needs constant attention and often deprives you of sleep. You foster it through various stages of growth, including some rocky...