Opinions expressed by Entrepreneur contributors are their own. 2022 has been an interesting year for NFTs (non-fungible tokens), to say the least. This year has seen public awareness of NFTs move beyond Bitcoin and other cryptocurrencies into the realm of digital collectibles, such as art and photographs. But while buying art and other collectibles may … Read more
Opinions expressed by Entrepreneur contributors are their own. When it comes to investing in real estate, good management is the key to success. It’s the difference between real estate being a daily stressor in your life or a pathway to financial freedom. But rental businesses have many moving parts, and it can be difficult to … Read more
Opinions expressed by Entrepreneur the contributors are theirs. The Federal Reserve raised interest rates to the highest level in 15 years. The half-point hike is the seventh consecutive rate hike this year. The interest rate is now between 4.25% and 4.5%. As economists and business leaders debate whether or not we will experience a recession … Read more
Opinions expressed by Entrepreneur the contributors are theirs. The start of a new year often comes with a long list of goals and tasks, which can quickly become overwhelming if you try to do too much too soon. I’ve always approached resolutions by setting short and long term goals spanning the whole year – after … Read more
Opinions expressed by Entrepreneur the contributors are theirs. You may have heard that the number one cause of business failures is cash flow problems, but how serious is this widespread problem? To put it into perspective, over 80% of business failures are due to a lack of cash, 20% of small businesses fail within a … Read more
Opinions expressed by Entrepreneur the contributors are theirs. The average small business owner today has nearly $200,000 in debt. Although financial leverage is often an essential way to grow a small or medium-sized business, you need to be careful about how much debt you take on. As CEO of Wealth Stack, a company that specializes … 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. 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. As the small business owner grows over the years, one aspect of finance that they often overlook is the ability to use investments as a way to grow their income, grow his net worth and strengthen the overall financial security of his business. The majority of small … Read more
Opinions expressed by Entrepreneur the contributors are theirs. Not so long ago, if you wanted something you couldn’t immediately afford, there were only two options: take out a loan or use a credit card. None of these choices have much sparkle because they require you to pay interest. In the end, customers who did not … Read more