Business Strategies

A Not For Profit (NFP) organization operates not for the purpose of generating and distributing profits to the owners, but the purpose of generating and distributing profits--i.e. revenue less normal operating expenses--in furtherance of some public good or one or more social causes.

Posted August 23, 2016
Budgeting

While recently assisting a friend who is researching assisted living options for a loved one, I was surprised to come across so much information available online discussing the option of retiring to live on a commercial cruise ship. I think just about everyone is familiar with the option of living in an assisted living home (i.e.

Posted August 19, 2016
Budgeting

The purpose of this article is to draw attention to the basics of constructing and using a financial budget.

Posted July 29, 2016
Business Strategies

The term “project management” refers to a more specialized management and control process that is associated with particular activities that fit within the definition of a “project.”

Posted July 27, 2016
Business Strategies

It is widely agreed that all small businesses, no matter which industry, go through similar definable stages of growth. Researchers have found that each growth stage has certain “personality traits,” so to speak, which distinguish one growth stage from another.

Posted July 22, 2016
Debt Management

At first glance it might seem more than just a little odd that a large number of debtors surveyed were reluctant to take advantage of alternative “non-government” financing options—i.e. refinancing their student loans for a more attractive interest rate.

Posted July 21, 2016
Investment Strategies

A 529 College Savings Plan is a plan operated by a state or educational institution, with tax advantages and potentially other incentives to make it easier to save for college and other post-secondary training for a designated beneficiary, such as a child or grandchild.

Posted June 29, 2016
Business Strategies

Owning a business is a dream shared by many. The dream of an independent professional lifestyle, self-made financial success, and “being the boss” is not uncommon.

Posted June 24, 2016