Promising businesses go under all the time. Unmotivated teams and stiff competition can drive startups to close shop, but research from CBInsights found that cash flow problems knock out 29 percent of failed small businesses. Without money to keep the lights on and employees paid, even a business with a great product and a bright future […]
We’ve all been trained to climb the ladder in our careers: Do well, hit your goals, get promoted, and repeat until you find yourself in a corner office. In reality, however, there are only so many management positions any company can sustain, and the idea that we all should be working our way toward those […]
With Facebook hearings, and privacy changes across the board, data privacy and security has been at the top of everybody’s mind in recent months. In exchange for the convenience of information being readily accessible people are more willing share sensitive data when they assume it is being kept safe. In order to participate in the […]
Utilities are a practical necessity, but they occupy a massive line on your monthly budget. The typical American family spends more than $2,000 a year on utility bills, including electricity, water and sewage, and natural gas—and depending on where you live, you might spend even more than that. If you can manage to cut those […]
Americans are more debt-ridden than ever, with around 80 percent of Americans currently carrying debt. While some of this is tied up in mortgages or medical debt, much of it also stems from student loans and credit cards. In fact, the average Gen Xer carries more than $8,000 in credit card debt, while the average Millennial is […]
After the tax bill was finalized and passed in December, many business owners began to contemplate what they should do with their new windfall. With the corporate tax rate falling from 35 percent to 21 percent — representing the biggest one-time drop in U.S. history — pass-through businesses catching a break, and overall tax reductions […]
While the economy has rebounded from the Great Recession, Biz2Credit found big banks still only approve about a quarter of the small business loan applications. Many companies are experiencing increased opportunities and funding. Yet, small businesses aren’t enjoying the same spoils. That may make it seem like the future of finance in small business may […]
Engagement season is upon us. The Atlantic cited WeddingWire findings that found 33% of engagements happen between Thanksgiving and New Year’s. Must be something in the air. Or the eggnog. Probably the eggnog. Of course, getting engaged is an amazing moment in your life. You and your partner get to plan the rest of your […]
The debt problem in the United States is bad, and it keeps getting worse with every passing year. Total household debt, including mortgages, was about $132,500 in 2016, with the average household’s credit card balance hovering around $16,000. These are incredibly high, either setting new records or practically tying old ones. Debt seems unavoidable in […]
Quitting your full-time career isn’t always an option for those wanting to pursue an entrepreneurial venture, and it doesn’t have to be. More and more people are starting businesses or side projects while juggling a full-time job. Those that are starting up this way are actually 1/3 less likely to fail than those jumping in headfirst. Although starting a […]