[ad_1] National Financial Literacy Month is upon us, and while this may not quite be the cause for celebration that other federally recognized events are, it’s certainly worth your attention. You may look at financial literacy as an issue only younger people face, but the numbers tell a different story: Some 30 …
Read More »It's Lit! Cannabis Trends and the Pitfalls of 'Pot…
[ad_1] In 2013, Josh Weinstein launched High NY. Four years and 2,000 members later, High NY has established itself as the largest cannabis community in New York. Related: 9 Business Ideas for People Looking to Cash in on the Marijuana Boom Entrepreneur had the opportunity to catch up with Josh to …
Read More »How to Finance a New Business by Rolling Over Your Retiremen…
[ad_1] The following excerpt is from Entrepreneur’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes In times of tight credit, you can finance a new business or franchise by rolling your retirement funds into your new company. You pay no income taxes or early withdrawal penalties, avoid debt and have …
Read More »7 Misconceptions About Entrepreneurship…
[ad_1] Entrepreneurship is romanticized in our culture, and it’s easy to see why: We live in a capitalistic society that values the creation of ideas, the unlimited potential of business and of course the prestige of attaining wealth and power. Related: 12 Signs You Have an Entrepreneurial Mindset On top of that, we …
Read More »Which is Better: an IRA or a 401K?…
[ad_1] Entrepreneur Network partner Mark Kohler is often asked about 401Ks and IRAs. Specifically, he’s asked which is better. The answer is more complex and less satisfying than you’d hope, but about what you should expect: They both have their advantages and disadvantages. For example, if you want to put …
Read More »Opportunity Doesn't Expire: A Guide to Ageless Entrepre…
[ad_1] March was a monumental month in the business world. A pair of 20-something co-founders became billionaires during Snap Inc.’s IPO: Evan Spiegel and Bobby Murphy are now both worth about $5.3 billion. Related: Why ‘Gen Z’ May Be More Entrepreneurial Than ‘Gen Y’ In my personal universe, I turned 30 the …
Read More »The 7 Risks of 401(k) Business Financing…
[ad_1] The following excerpt is from Entrepreneur’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes Make no mistake: Borrowing from your 401(k) is rarely a good idea when it comes to financing your business. Still, it can be and has been done. First, the pros: the possibility that 401(k)s …
Read More »How to Find Great Co-Founders for Your Startup — Fast…
[ad_1] You have a killer startup idea. You want a team to help make it a reality. But, you don’t have the money to hire anybody — yet. If only you could find co-founders who were willing to work for equity! But, the right cofounders can be exotic animals — …
Read More »Real Estate Strategies for Small Business Owners as Rates Ri…
[ad_1] In a rising interest rate environment, the cost of capital is edging higher for all small businesses, but especially those who need to purchase property. As a result, U.S. entrepreneurs are returning to banks in large numbers seeking to finance real estate projects. In many respects the current business …
Read More »7 Key Benefits to a Health Savings Account…
[ad_1] I meet with clients almost on a daily basis who are unaware of the benefits of a Health Savings Account (HSA). Yes, the Affordable Health Care Act (Obamacare) can be confusing, but it’s important to know that the HSA is one of the most powerful pieces of a well-designed …
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