by mariettacp | Mar 30, 2015 | Money Tips
One of the most common mistakes that I’ve seen in the strategy of a small business is when the owner tries to compete on price. This is a losing proposition because the big boys always have the upper hand in taking advantage of economies of scale, which is one of the...
by mariettacp | Mar 27, 2015 | Money Tips
Simply put, a company strategy is a long-term perspective that determines how a business will get from its current position, to where it ultimately desires to be. If I wanted to travel across the country from Indianapolis all the way to Los Angeles, I have all sorts...
by mariettacp | Mar 26, 2015 | Money Tips
Did you sign up for social security benefits last year? If so, you may have questions about how those payments are taxed on your federal income tax return. The good news is the formula is the same as prior years. That’s also the bad news, because the thresholds...
by mariettacp | Mar 20, 2015 | Money Tips
Marriages end, and so do business ventures. If your business is owned by two or more persons, a buy-sell agreement is one of the most important legal documents your business can have. This document provides for the “buyout” of an owner’s interest...
by mariettacp | Mar 18, 2015 | Money Tips
You may be approaching an important deadline if you have retirement accounts and you turned 70½ last year. Generally, you must begin withdrawing money from tax-favored retirement plans in the year you turn 70½. However, you may postpone your first withdrawal until...
