Goldman Sachs and Digital Sky Technologies handed Facebook’s, Mark Zuckerberg, $500 million behind closed doors last week, propelling the social media site to a value of $50 billion, give or take a couple of zeros, depending on which side of the bubble you’re located. If you’re sitting snug in the middle, you’re probably praying the […]
Business
Holiday Home Office Blues
(Image artist: Tim Holt) Working in a home office environment can be… well, for lack of a better word, self-defeating. I mean, not only do you have to deal with the constant reminder from your postal carrier, clients, and friends that you are not a real business, but you also have to deal with the […]
When Outsourcing Makes $Cent$ for Small Business
It’s just smart business to seek out easier, better, and more cost effective methods of running your company. And in an economic down cycle, streamlining and cutting the fat is more important than ever. For decades, the following age-old words of wisdom have been passed down to future generations of entrepreneurs and business owners: A […]
Business Exit Strategy: A Tale of Three Families
The business exit strategy is like a Will to the private business owner. One of the most unpleasant catastrophes that can happen to any business and family is to go through a forced business liquidation because the owner had not taken the time to strategize an exiting plans before their untimely passing. Liquidation can offer […]
Prejudice Banking: The Lending Rainbow Is Not Always Colorful
As the mortgage and banking industry began to collapse last year, a painful reminder that prejudice banking still exists echoed over thousands of foreclosed homes whose minority owners had taken out a second mortgage (with unfavorable terms) to obtain additional money. There are no government statistics of how many of these owners were business owners […]