Post image for What You Can Learn From a Franchise Scam Victim

What You Can Learn From a Franchise Scam Victim

by Mike Periu on June 18, 2013

in Small business

Franchise fraud is a rampant problem. Read how one man lost everything so you can avoid the same fate.  Juan came to me in a near panic, practically begging me to help him with his failing business…

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Ready to Retire? 3 Creative Exit Strategies

by Mike Periu on June 7, 2013

in Small business

No one lives forever, and eventually you decide it’s time to retire. To make this life-changing plan a reality, you need a viable exit strategy. Many business owners are under the impression that when they’re ready to sell, there will be plenty of cash-rich buyers knocking on the door.
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Huge New Business Opportunity at the Bottom of the Ocean

by Mike Periu on May 30, 2013

in Small business

We are massive energy users. Last year, the U.S. consumed 95.1 quadrillion BTUs of energy. A BTU, or British Thermal Unit, is the amount of energy needed to raise 1 pound of water by 1 degree or roughly the energy released when you strike a match. Those quadrillions of BTUs didn’t [...]

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May 28, 2013
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Thumbnail image for 4 Ways to Make Sure Your Business Outlives You

4 Ways to Make Sure Your Business Outlives You

As a business owner and father of three children, my imagination takes hold of me from time to time and I think about when my children will be old enough to work at my company. Besides welcoming the assistance of three trustworthy employees, it will provide me the opportunity to teach [...]

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May 22, 2013
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Borrow Your Way to a Lower Tax Bill

It’s not likely the first thing that comes to mind when looking to lower your taxes, but borrowing money (the right way) can save you thousands. Taxes are going up. Way up. Starting this year and continuing through  2018, a series of taxes on earned income, investment income, payrolls  and [...]

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May 15, 2013
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Common Accounting Tricks That Could Land You in Jail

How far would you go to save your business? If you’ve spent any time thinking about this question, you’ve likely formulated an answer along the lines of “I’d go as far up to the line as possible, but I wouldn’t cross it.”
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May 6, 2013
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Thumbnail image for Vanguard Group Founder John Bogle Believes We Are Headed for a Massive Financial Disaster

Vanguard Group Founder John Bogle Believes We Are Headed for a Massive Financial Disaster

John Bogle founded The Vanguard Group in the 1970s and built it into the second largest mutual fund company in the world with current assets of $2 trillion. Bogle is also largely responsible for making Index Funds available to small investors.
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April 26, 2013
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Is Advertising Dead? The Story The New York Times Missed

The New York Times Company acknowledged Thursday that the advertising-based business model that served it so well for over a century is dead. Weak earnings forced the company to develop a strategy that will rely more on subscription fees and paid content.
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April 24, 2013
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Thumbnail image for Who is Really Paying That $1M+ Salary?

Who is Really Paying That $1M+ Salary?

A key benefit of owning your own business is the ability to enjoy fully the fruits of your labor. Entrepreneurship is one of the main ways to achieve financial independence. But some people, however, are taking issue with the high levels of compensation paid out at some small businesses.
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April 23, 2013
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Thumbnail image for Hiring Undocumented Workers To Gain A Competitive Advantage?

Hiring Undocumented Workers To Gain A Competitive Advantage?

As the debate over immigration reform intensifies, it looks more likely that small business owners will play a key role in the final outcome. Much of the focus is on undocumented immigrants who are not authorized to work in the U.S.
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