Tweak Your Biz » Finance

For any small business owner, ensuring the proper acquisition and set up of the key types of disability insurance is an important part of protecting both themselves and their business. For most small business operations, disability insurance is more than the protection of income loss that can occur after a debilitating injury or serious sickness to the business owner or any business partners. In most cases, a small business owner needs to consider these aspects of insurance policies for…

The health of a business is interlinked with personal finances. Normally, when personal finances look good, the state of one’s business too remains healthy. Similarly, when personal finances fall then it becomes tough for an organization to pull on. So, there can be no doubt that in order to keep a business healthy, the state of one’s personal finance should be sound if not awesome. There are some methods to achieve this very end. Save a part of your income A good technique to maintain…

After putting all your effort into your business, it is heartbreaking to see a business going bankrupt. Many company owners and directors try their hardest to stop themselves going insolvent but some fail. The problem is dealing with going bankrupt, finding the best solution and acting within the law. Find Insolvency Professionals to Help One of the best things any business owner can do is find insolvency practitioners to help with the process. The professionals can offer advice on the best…

Are you putting your retirement, your peace of mind and most of your net worth at risk by failing to develop an exit plan for your business? Sadly, if this describes you, you’re not alone. Surveys by the Exit Planning Institute indicate that North American business owners planning to retire over the next 10 years will generate over $10 trillion in personal liquidity (VIP Forum 2005)… if they successfully find buyers for their thriving businesses. Developing an exit plan is essential if you…

Maintaining a healthy financial life can be quite challenging for the young and old alike. However, based on a study published in the January 2013 issue of the journal Economic Inquiry, younger people are not only taking on comparatively more credit card debt than their elders, but they are also paying it off at a slower pace. The study shows that the younger generation’s payoff rate of their debt is approximately “24 percentage points lower than their parents’” and roughly 77…

It is widely known that individuals are the ones who are in charge of whether they want to have life insurance or not, but it is not a usual practice to incorporate this on a business level – i.e. on an employer and employee level.  But while this is a good and optional idea, why should someone actually need life insurance for the people working in the business? Business partners and life insurance Not all businesses are a one-man deal.  For the most part, it involves partners or a…

Self-employed individuals have flourished throughout the recession in the UK, with around 40% of all being created by freelancers and contractors. The number of freelancers has also increased by 9% since the beginning of the recession, and it’s thought that employers are choosing to go down the outsourcing route thanks to the savings that can be made. However, even freelancers that have a constant stream of clients coming through the door may need to up their rates at some point. This could…

Since the economic recession, the small business organizations are the worst hit among the entire industry and they’re still trying to recover from the shock. A business organization is set up for generating revenue within the nation but when it itself is in debt, the entire cycle of generating revenue is spoilt and the reputation of the business organization is also marred. If you’re a business owner who has been recklessly using his credit cards to buy things that you couldn’t buy with…

Small and medium sized enterprises seeking finance may want to consider invoice factoring. Invoice factoring is an example of how traditional financial arrangements are entering into new accounting practices toward sustainability. Here are 10 reasons why Invoice Factoring is the most reliable form of business financing. # 1. Accounting Principle Invoice factoring standards allow for more cash flow flexibility in accounting. An accounting principle used in a range of industries, invoice…

Facebook’s Failed IPO

On the day of Facebook’s initial public offering (IPO), on May 18th, 2012, David Ebersman, the company’s Chief Financial Officer, valued the stock at $38 per share, making it one of the largest IPOs in history, raising $16 billion. It set a new record for the trading value of an IPO, and had been underwritten by three of the biggest banks in America – Morgan Stanley, JP Morgan, and Goldman Sachs. Demand was thought so high that the company announced, two days before the IPO, that it…