RSS Feed for BusinessCategory: Business

Minimum Wage Increase + Recession = Small Business Taking a Hit? »

Something came to me the other day, and I really haven’t heard anyone else talking about it, nor have I seen any mention of it in the media.  July 14th (I think) 2009, the minimum wage will be increased to $7.25 per hour.  On its face, this is all well and good for those who [...]

When Just Providing a Sevice or a Product is Not Enough »

When starting a business, generally, the value created by the business can be broken down into two areas

Product or Service — You provide either a new product or service, or you are providing a higher quality product or service.
Price — You can undercut all other competitors and still have a reasonable level of quality in [...]

Be Prepared to Stick With Your Business For the Long Haul »

We’re a society in trouble. In just two to four generations, we’ve gone from a hard working, industrious nation to a culture that refuses to wait. We want something and we want it now mister! Gone are the days of starting something, be it jobs, relationships, investments, or hobbies. Too many people want instant results.
Refuse [...]

The Investments That You Know About, but Choose to Ignore »

Remember back in early to mid June I mentioned we would go over how to use the money that you used to pay yourself first?  You don’t?  Refresh yourself with this earlier article on paying yourself first.
 Remember now?  Super.
We are now going to use this money for safe investments.  When I say safe investments, I [...]

What Would You Do With $5000 per Month? »

Maybe it’s just me, but everywhere I go, I ask myself the same question:
“How the heck do they make money with that?”
I go to McDonalds, see how many people work there, figure about how much per hour they’re making, see how long McDonalds is open, and wonder how many happy meals, or Big Macs they [...]