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Tag: cash

What to expect working at a start-up

What to expect working at a start-up

Business
In this struggling economy where one may be forced to accept a position with any size business, understanding the differences inherent in working at a start-up, small, or large company sets expectations and diminishes frustration. Size does matter. Start-up Companies Working for a start-up company is sexy and exciting, filled with endless possibilities. The path is new and uncluttered with corporate politics and muddied company history. For the newcomer, it’s a blank page waiting to be filled. Because it is unchartered territory, it’s also pretty scary. There are many questions to consider prior to signing on with a newly formed or young company. Before taking the great leap, it would be wise to consider a few of the following topics. Risk tolerance Risk tolerance is genera...
Pros and cons of senior life settlement

Pros and cons of senior life settlement

Finance
Many seniors will consider a life insurance settlement deal as they get older. For some, this is an easy way to raise a cash lump sum to use in retirement and to get rid of an unwanted policy. Others may prefer/need to keep their coverage in place as part of their estate planning. What are the benefits and downsides of selling life insurance as a senior settlement? The Advantages of Senior Life Settlements Senior life settlements allow individuals to sell life insurance to a third party for a cash payment. Whether this is a good idea or not comes down to the preferences and circumstances of the individual. This may, for example, work well for those that: Are paying for life insurance coverage that they no longer actually need (i.e. they have no remaining debts to cover, they h...
3 Simple Tips to Improve Cash Flow in a Business

3 Simple Tips to Improve Cash Flow in a Business

Business
A poor understanding of cash flow and poor management thereof has contributed to 82% of the business failures in the U.S. As one of the key business levers, the importance of good cash flow management cannot be understated. Once a business owner is able to determine where the cash flow problem takes place, it’s simply a cash injection away from progress. Here are a few simple ways to improve cash flow in a business. Free Up Unnecessary Spending As in households, the minute the cash flow gets a bit tight, the luxuries need to go. The same goes for businesses as well. One of the best ways to do this is to stop buying stock that sits on the floor for too long or has a high risk of spoilage. Once stock management is under control, it’s time to look at redundant equipment. Selling the...