Most people starting their own business dream of ending up like Donald Trump, but unless the financing it carried out correctly in the first place, they have more chance of ending up like Donald Duck. Deciding whether to use savings or borrow money to get started is a tough choice to make, especially…
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Let’s face it, when it come to the business world, impressions matter. That’s why many organisations boast about having offices in places like London, New York and Tokyo. But what about your business, could it be based in a major world city, and if so how would it enhance what you do and how it…
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This post comes from the credit card nerds at NerdWallet.com, experts in helping consumers compare low interest credit cards. Traditionally, when people have tried to hide money from the tax authorities, they would use offshore accounts. A lot of these offshore banks are in business specifically to help people trying to evade taxes, so they…
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The American dream is of possibility built around a framework of human ingenuity and drive. Small businesses around the country make up a huge portion of our economy. For individuals hoping to start their own business there is a certain amount of risk in the uncertainty of success. Creating a business starts with an idea,…
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According to the SBA, new businesses have a five-year success rate of just 50%. Compare this with Amish businesses, which have a remarkable 95% success rate. In other words, their history of success is almost double the rate of the rest of the country. I’m just fascinated by that statistic! What’s their secret? What are…
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