We’re still within the pandemic crisis. While it sounds like some states will be lifting the stay at home orders, many Americans won’t fully participate in the economy like they did. We can expect more lost jobs and an extended recovery, if there will be a recovery at all. So how should you invest in this market? I’m not going to tell you how to invest your money since I’m...
How to prepare your business for a recession
As a recession looms near, this guide will help you weather the storm and build a better business. Focus on building a cash reserve, decreasing your expenses, strengthening your relationships, refining your business offering, and continued marketing. While these are always good rules for a thriving company, they are even more important now. How did we get here? Our economy has had tremendous...
Most Recommended Business Books for Small Businesses in 2020
From compiling the top business books from 35 different sources, the top recommended books for small businesses for 2020 are: “The E-Myth Revisited” by Michael Gerber, “7 Habits of Highly Effective People” by Stephen Covey, “How to Win Friends and Influence People” by Dale Carnegie, “Influence: The Psychology of Persuasion” by Dr. Robert Cialdini...
How to set up a SIMPLE IRA for your small business
First off, congratulations! It’s a huge step to offer a retirement plan for your employees and it’s a great addition to your compensation package. This tells your workers that you care about their future and that you want them to succeed. You know that if you take care of your team, they’ll take care of you! What is a SIMPLE IRA? The SIMPLE IRA, short for Savings Incentive Match Plan for...