Posts tagged debt

Why Millennials Could Be the Most Entrepreneurial Generation Ever

Independent, business-owning millennials have sidestepped traditional career paths and have become a significant force in the small-business milieu. In spite of the recession-wounded economy and striking levels of student debt, they’re building companies and saying some potentially surprising things about the process.

Read more on how millennials feel about their business prospects on OPEN Forum.

10 Common Money Mistakes That Can Sink Your Company

1. Not keeping an eye on cash flow

2. Investing too much in product or infrastructure ahead of sales.

3. Appearing too successful

4. Over promising and under delivering. 

5. Not paying payroll or other business taxes when they are due

Read five more ways you could be endangering your company’s finances on OPEN Forum.

This infographic will teach you how to avoid cash-flow woes.

How to Keep Your Business Out of Debt in 5 Easy Steps

Forty thousand small businesses file for bankruptcy every year. Don’t become one of them. Follow these steps to mitigate the risks and keep your business’s finances healthy.

  1. Consider your funding options.
  2. Educate yourself on loans.
  3. Devise a strategy for how you will repay the loan.
  4. Prepare a contingency plan.
  5. Make a plan to stay out of debt.

Read more on how to live debt-free on OPEN Forum

moneyisnotimportant:

Where does your generation use credit the most?

moneyisnotimportant:

Where does your generation use credit the most?

moneyisnotimportant:

How to Pay Down Your Debt and Invest at the Same Time

Great video from Ramit Sethi on how the mathematical answer isn’t always right when it comes to finances.

nationaljournal:

THE BIG PICTURE: Debt has exploded in every sector of the economy since 1980.

nationaljournal:

THE BIG PICTURE: Debt has exploded in every sector of the economy since 1980.