Posts Tagged“finance”

3 Budget Mistakes to Avoid as a Business

Creating a budget is one of the most important steps a business can take to ensure its financial health. But even the best-laid plans can go awry if you’re not careful. An inaccurate budget can lose you money instead of saving it.  Here are three mistakes to avoid when creating your business budget. Not Budgeting for Maintenance  Every business has costs associated with keeping things running smoothly. Whether it’s maintaining inventory levels, repairing a commercial chiller, or replacing worn-out tools, these expenses can add up quickly.  Neglecting to add this to your budget can put a serious strain on your…

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Earnity’s Dan Schatt and Domenic Carosa Share How Crypto Buyers Can Suceed

Cryptocurrency is a big deal for companies such as Earnity, led by Domenic Carosa and Dan Schatt. For the uninitiated, cryptocurrency, or crypto, is a digital (or virtual) currency that deftly utilizes cryptography to secure transactions and control the creation of new units. Cryptocurrency is also decentralized, which means crypto is not subject to a financial institution’s control. Since cryptocurrency is digital, it can be easy to mistakenly believe that it is immune to the same issues as traditional currency. However, there are a few crucial factors to be aware of when using or purchasing cryptocurrency. Domenic Carosa and Dan…

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Due Diligence in Private Equity Investments

Most people live their lives by two simple rules: don’t fix what isn’t broken, and don’t reinvent the wheel. However, for private equity firm managers like Marc Leder at Sun Capital Partners, the opposite is true. What they believe is that, when something is good, it can be better. And if something can be better, they are interested in investing in it. However, they must exert due diligence in doing this. Understanding Private Equity In very basic terms, a private equity investment is one that is not listed on public exchanges. It also isn’t the same as venture capital. Rather,…

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How to Get an Entry Level Position in the Financial Industry

Looking to get your foot in the door in the highly competitive financial industry? While getting in involves many hours of long, hard work, your reward is a profession that will compensate you well over the course of your career. Alexander Potoczak knows all about this, as he has achieved a great deal of success in this field despite only being in his twenties. Want to join him in the winner’s circle? Here’s how to get an entry level position in the financial industry. Seek out internships while you are still in school  When summer rolls around, don’t settle for…

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When Should you Call a Financial Advisor?

You may feel confident in managing your money along, but there are times when it is prudent to seek outside advice. A financial advisor is an unbiased third-party that can offer advice, direction, expertise and planning during the critical financial moments in your life. This process can be a great way to stay on track and ensure your plans for the future don’t become derailed. Some people may not wholly trust a financial planner, thinking they work for the companies whose products they sell and that can be the case for some specific products, but most financial planners work on…

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