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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 No Luxurious 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...