In a discussion this week with the owner of another company, I was surprised to hear the following fact: It’s easier to borrow $5 million than it is to borrow $50 thousand. In fact, if all you want is $50,000 then most lending institutions are not really interested in your business. Surprised, I went to [...]
There are few, if any, situations in life which do not have rules. Sometimes the rules are vague, others are very specific. But there are always rules, although a new inductee into the field may not be able to discern them. Business has its own set of rules. Some govern how we advertise our business [...]
In a previous article, I wrote that most people work for small businesses, and that such businesses are the source of most new jobs in pretty much any economy. As such, it is amazing how short-sighted some governments can be when it comes to spending stimulus dollars. I’ll illustrate this with an example that I [...]
// I was introduced yesterday to a group of people who are looking to assist in reforms to the US Immigration Legislation – to make it easier for people to immigrate to the US and start companies. For my Canadian readers, I’m not sure what the situation is here, but it’s definitely something worth considering [...]
When you’re in an employment situation where striking is not an option, what can you do to force negotiations with your employers? If you’re working with a contract, then you can play by the rules, and drive your employer crazy. Just follow the rules. Many rules are defined as part of any work agreement, but [...]
In the markets of the past century, there have been various attempts to achieve the following – to increase the amount of competition in any given market. The reason for laws to govern this is simple – when a small group of individuals or companies controls a segment of the market, they can drive up [...]
For the average person with some money to invest, a recession can be a golden opportunity. As the economy slows, prices of stocks fall across the board, even for companies not directly affected by the cause of the economic collapse. As a result, for those who can afford to do so, investing at this time [...]
