Working capital is sometimes overlooked in determining the value of a business. But it can have a material effect on value, so it’s important to remember. A business’s working capital equals the difference between its current assets and current...
To have a health savings account (HSA), you generally must be covered by a high-deductible health plan (HDHP) at work. HDHPs have become popular in recent years as employers have struggled to keep health benefit costs down. If you’re not covered by one now, you...
Paying your company debts is just as important as collecting your own accounts receivable and they need just as much management. The good thing is, you actually have a surprising amount of control over how and when your company’s debts are paid and that provides...
Most business owners believe they don’t have any unused space to rent out. But if you search a little, you may be able to turn unnecessary space into increased profits. Look at how these four businesses improved their bottom lines: An automobile dealer was open...
If you have teenage children or grandchildren with part-time jobs, there’s a tax-favored way to help them save money for college, a first home — and even retirement. By socking away some of their earnings in a Roth IRA, your youngsters can begin a savings plan...
If you have teenage children or grandchildren with part-time jobs, there’s a tax-favored way to help them save money for college, a first home — and even retirement. By socking away some of their earnings in a Roth IRA, your youngsters can begin a savings plan...
