Opinions expressed by Entrepreneur the contributors are theirs. Cryptocurrency is nothing new. While many people regard the digital asset as an enigma, it is a medium of exchange of considerable value. Granted, digital coins don’t have the same tangible medium as money, but the security of the design and setup of the blockchain creates (or … Read more
Opinions expressed by Entrepreneur the contributors are theirs. There are many articles on what to include in your business plan. But what about before you even start writing it? Are there things you need to know? Information you need to compile? Things to consider? You bet. Below are five things you need to know and … Read more
Opinions expressed by Entrepreneur the contributors are theirs. Your employee is asking for a raise. And you can’t blame them. Inflation is between 7 and 8% and people have to, at the very least, keep up with the cost of living. It’s now the norm in 2023. It’s happening everywhere. Payroll company ADP recently reported … Read more
Opinions expressed by Entrepreneur the contributors are theirs. If you need funds for your business, it can be very tempting to opt for the first business loan offered. However, there are a number of things you should research before signing on the dotted line. 1. The right type of loan As with personal finance, there … Read more
Opinions expressed by Entrepreneur the contributors are theirs. Over the past two years, I have worked with my team at Broxus to develop the infrastructure necessary for central banks to deploy digital versions of their currencies. As we do this work, and as other projects have engaged in similar endeavors, the dialogue around CBDCs has … Read more
Opinions expressed by Entrepreneur the contributors are theirs. As I write this, commercial interest rates — the rate businesses pay for working capital, equipment, and home loans — have more than doubled in the past year. My clients are now seeing commercial rates exceed 10% – this is going to be a big challenge for … Read more
Opinions expressed by Entrepreneur the contributors are theirs. The collapse of crypto exchange FTX is sending shockwaves through the metaverse. The cryptocurrency exchange was once seen as a stable and responsible leader in an industry that is often fast-moving and unregulated. In the wake of its failure, many are wondering what the implications will be … Read more
To run a successful business, you need to know everything about your business, including its finances. One of the most important financial metrics to capture is contribution margin, which can help you determine how much money you’ll earn selling specific products or services. More importantly, your company’s contribution margin can tell you the profit potential … Read more
Opinions expressed by Entrepreneur the contributors are theirs. Once upon a time, my wife Jenna and I and our three children under ten moved from San Francisco to Los Angeles, had another baby, and bought our first house together. Thiswe thought, is the perfect time to quit our jobs and start a business! [eyeroll] The … Read more
Contributing to a 401(k) can be one of the smartest things you can do to prepare for a comfortable retirement in your golden years. However, unlike simply storing money in a savings account, you can only invest in your 401(k) retirement plan each year due to 401(k) contribution limits. Unfortunately, things get a little more … Read more