If you happen to be the enterprising type, you undoubtedly will have heard of (or maybe read) how the wealthy amassed their fortunes. Inheritance and nepotism notwithstanding, the moneyed class used a combination of business acumen and entrepreneurship to launch companies (Jeff Bezos, Bill Gates, Larry Page/Sergey Brin); real estate investment firms (Donald Trump/Sam Zell); and stock investing (Ray Dalio, Paul Tudor Jones, Warren Buffet) corporations. This list also includes those stock investors who became…

One of the most important lessons to learn when running a business is how to keep up a healthy cash flow. Of course, you can’t always plan things down to the last dollar. No matter how perfectly you’ve mapped out your budget, your industrial freezer will break down or you’ll need to order extra stock of those super popular reindeer snowshoes. If the unpredictability of the modern world has left you struggling with cash flow…

The most convenient way to secure your financial state for the future is to have an ideal plan. But, you may even have a plan, or you are in the process of generating a plan, there are mistakes one must avoid by all means. If not, such critical financial planning errors may cost you a lump sum of money in the future. As a result, you would want to ensure that everything regarding your finances…

A car accident can change your life in a split second. There is a lot you will probably have to deal with, from physical injuries to emotional trauma and a wrecked vehicle that need to be repaired or replaced.  Even worse, you may end up with a disability that deprives you of the capacity to work temporarily or permanently. The financial impact of lost wages is massive, particularly if you have a family that is…

If you feel that your company is nearing insolvency day by day, it is time for immediate and prompt action. You have to put your recovery plan into action. If your business is unable to pay back debts, is struggling to pay taxes, all is not lost. There is still hope. You need to follow some steps in order to make a turnaround for your company. Some of those steps have been listed below. Shift…

The competitive landscape in financial services industry is changing dramatically for a few decades. The financial services sector is facing challenges both directly from its own nature as well as those changes sequentially from other industrial fields. In other words, the financial services sector not only shall adjust its business mode or operations in the face of the technologies development, but also needs to meet the new demands from its broad clients who are also…