Even if you haven’t been watching the news, you’ve heard about what’s going on out there on Wall Street.  No doubt you heard that Monday afternoon The Dow (an invisible grouping of 30 companies who each have $7+ billion in annual revenues—Microsoft, Verizon, SBC Global, etc.) dropped the most it has ever dropped. You’ve also […]

Today I was reading an article in Money Magazine that made me angry, it is titled:  WHY YOU CAN’T TEACH MONEY. 
A law professor , who specializes in financial products regulation (mortgages, securities, insurance, etc.) argues that trying to teach people how to manage money is a waste of time and money…she even implies that […]

As we discussed last week, you can’t  create a profit center if you have no income as a business.    Once your business earns money, what do you do with it?    Here are a couple things you absolutely must know and do with the income of your business:
 
1.       The income belongs to the business, not to […]