Posted on December - 09 - 2009
President Obama announced yesterday that he is currently working with Congressional leaders on a new economic stimulus package that will include tax cuts and new spending. Many of the initiatives outlined include incentives for businesses to create jobs, construction spending for roads and other infrastructure projects, and weatherizing rebates for homeowners. Consideration of the proposed legislation will not occur until early next year. As reported today in The New York Times:
The president’s new proposals include eliminating capital gains taxes on small business investment and creating “cash for caulkers” rebates for consumers who invest in home-weatherization projects — an idea modeled on the popular “cash for clunkers” program that increased auto sales over the summer.
Most of Mr. Obama’s pro
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Posted on December - 05 - 2009
Lost amid the talk about Goldman Sachs being a vampire squid and making money from the subprime mortgage bust is the fact that the firm lost $6 billion trading, of all things, its own stock. Yes, Goldman, which likes to be known as the smartest shop on Wall Street, bought high and sold low, plain and simple. How it happened might even show you how to make money at Goldman’s expense a few years from now.
The heart of Goldman’s mistake was excessive self-confidence. In 2006 through early 2008, the firm spent about $18 billion buying 100 million shares of its own stock, paying $184 a share on average. Then the financial panic hit in September and Goldman had to replace the money. The firm sold 94 million shares in offerings in the fall and spring to raise nearly $12 billion at $123 a share. It
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Posted on December - 01 - 2009
Marketing ideas for the small/home based business owner, and insights how to keep up with advances in technologies and fluctuating market trends.
People accept change when they know it is necessary. Likewise, business owners keep abreast with marketing ideas and trends as inevitable for the business well-being. Here are business marketing insights for small/home based business to cope with new high-technology accessibility, Internet marketing, and to deal with customers and other business players.
Keep-up with the Age of Access.
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Posted on November - 30 - 2009
Tips and ideas how to achieve financial stability not only through traditional financial planning but with right attitude towards money.
Nowadays many people about to start-up their small/home based business lean on self-help and essentials to finance/management books to increase income and build wealth. Finding out what a person needs to know and getting rid of what does not work is a great combination for a practical way of transforming finances. An important component that goes along with financial planning is attitude. Here are ideas and tips how one can find wealth and be happy.
Focus on the Planned Business
Do not be diverted from the big picture. A lot of small businesses or Work-from-Homes fail simply because business owners allow cramming up other chunks of business opportunities.
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Posted on November - 29 - 2009
Skills from business/accounting courses taken online improve the value of employees. Distance learning MBA programs for returning students also save money for employers.
In order to ensure that small business accounting is performed correctly, a small business has a few options, most of which are very costly. Hiring a full-time accounting firm, or paying a freelance part-time accountant to perform bookkeeping or payroll functions can take a heavy toll on the budget of a small business. When an employee can perform those functions instead, it reduces accounting expenses for the business owner.
Online Bookkeeping Classes Save Money for Small Businesses
In contrast to the expense of hiring outside help, a policy of encouraging current employees to take business classes online, or pursue distance learning MBA programs for use within the company has many benefits.
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Posted on November - 27 - 2009
Just as many businesses have had to search out new revenue sources, venture capital firms are changing their habits to avoid closing. The Wall Street Journal assesses three firms who are ramping up investment with less established small businesses.
The challenge has been formidable. Faced with a near-frozen market for initial public offerings and few mergers or acquisitions, many venture-capital firms have thrown more of their resources behind only their portfolios of existing businesses. Some have ceased investing altogether. In fact, 64 of the 721 U.S. venture-capital firms that invested in companies between Oct. 1, 2007 and Sept.
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