Category Archives: Finance

How to Fix the Small Business Lending Process

We recently applied for a small business loan through One Main Financial, which was approved in 24 hours, but the interest rate was up there with the credit cards, so we turned it down. As a result, One Main invited … Continue reading

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Memo to Chrysler: Better Benchmark the Chyrsler 200

I recently had a Chrysler 200 for about a week while my Lincoln was being repaired (a LOL ran into the driver side door), and here are some thoughts ( I have some expertise in the field, having been a … Continue reading

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Do You Know When It’s Time to Hire Professionals?

There’s a great article on Chobani, the Greek yogurt pioneer, and it’s founder, who almost lost it all because he didn’t build a structure of competent professionals to help him manage the business. But, the big question the article didn’t … Continue reading

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The Rise of the CEO Support Group

ceo groups are a useful tool in the ceo’s toolbox Continue reading

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Keep Your Manufacturing Efforts Out of Commodity Hell

We’ve all heard that manufacturing in the US is a dying effort. Well, it need not be. Yes, you probably have to spend more in capital to make up for our higher labor costs, to meet (or go slightly above) … Continue reading

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Inside PayPal’s MicroLending Program

You can put this one down under ‘who knew?’ Entreprepeur ran the summary of the PayPal program in their March issue, and it’s a revelation. Since launching the program, which is called Working Capital (we can’t even say how you access … Continue reading

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On Revenue: It’s Ready vs. Not

The Wall Street Journal had an interesting article this morning about a change in accounting rules on revenue recognition. Big yawn, right? What the article says is that the FASB, the rule making body for accountants, is thinking about (emphasis thinking … Continue reading

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Burn It Down?

I’m saddened by all the small business owners in Ferguson, MO that have had their businesses torched by the outside agitators. This is a subject that has gotten nearly no media attention…..none of the lamebrain media has thought more deeply … Continue reading

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Don’t Be A Victim of an IRS Shakedown

Recently, Fox News reported that two small businesses had their bank accounts seized, one to the tune of $400,000, and the other, $35,000. There’s something wrong with this reporting, because normally when the IRS seizes your bank account, it’s for … Continue reading

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The Fixer: Marcus Lemonis

We’re glad INC Magazine put Marcus on the cover. He has a unique set of skills, in going around the country and fixing people, process and product. We’ve been fans of ‘ The Profit’ on CNBC ever since it came … Continue reading

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