Category Archives: Business

Why Small Business Owners Must Understand Financial Statements

As a small business coach, many times I will start the initial conversation with a new client by asking the business owner: What are the financial statements? I have gotten such perplexing answers as: A bunch of numbers on a piece of paper? A tax return? A bank statement? Does it have to do with a balance sheet? Are there Read More


Trump’s “small business” tax plan helps only the rich

One of the central parts of President Trump’s tax plan is to cut taxes on what are called “pass-through” businesses. Proponents pitch that as a big boost for middle-class owners of small businesses. But a new analysis from the Tax Policy Center finds that aside from making Trump personally a lot richer, the pass-through provision would almost entirely benefit the Read More


“War Paint,” the ugly fight over the business of beauty

Patti LuPone as Helena Rubinstein and Christine Ebersole as Elizabeth Arden in the Broadway musical “War Paint.” “WAR PAINT” A new musical ON BROADWAY brings to life a historic rivalry that was anything but pretty. With Richard Schlesinger, we take a look:   “All of my life’s work lost. All because of her: Second-rate imposter. She appropriated half my line. Read More


The 16 best big cities for starting a business in 2017

Salt Lake City is one of the best places to start a new business, thanks in part to an abundance of investors and workers.Aqua Mechanical/Flickr Entrepreneurship is a fixture of the 21st century iteration of the American Dream. Today, about 10% of the US labor force works for themselves, according to the Bureau of Labor Statistics. Still, it’s no easy Read More


9 Investigates: Prison baby ‘business’

  OCALA, Fla. – 9 Investigates learned adoption attorneys are paying for food, clothing and other items for inmates serving sentences right here in Central Florida, in anticipation of being able to adopt out those inmates’ babies.   Though some describe it as ‘buying a baby,’ it’s legal, and one particular attorney has been supporting both pregnant inmates and others Read More


Trump proposes to cut business tax to 15%

The White House made its opening bid for what officials called the “biggest tax cut” in US history — with cuts that would benefit businesses, the middle class and certain high-earning individuals — but left unanswered questions about whether the plan would be paid for, or how. A list of goals for the tax overhaul, unveiled by President Donald Trump’s Read More


Wikipedia’s Jimmy Wales creates news service Wikitribune

Wikipedia’s co-founder Jimmy Wales is planning a news service that combines the work of professional journalists and volunteers. His goal is for Wikitribune to offer “factual and neutral” articles that help combat the problem of “fake news”. The service is intended to be both ad-free and free-to-read, so will rely on supporters making regular donations. One expert said it had Read More


France’s Presidential Runoff Is A Victory For Global Business

Preliminary results for Sunday’s French president runoff election set up a stark choice on May 7 between finalist presidential candidates Marine Le Pen’s isolationism and protectionism and Emmanuel Macron’s focus on innovation, entrepreneurship and globalism. As Macron himself said on Sunday, “The French have expressed their desire for change. We’re clearly turning a page in French history.” Macron represents the Read More


Starbucks is entering a new era and 4 jokes reveal the biggest problems haunting its business

Starbucks is sandwiched between inexpensive fast-food chains and high-end “Third Wave” coffee shops.  While it built its empire on its cool, Euro-inspired image, Starbucks is increasingly known for “basic” drinks like the Unicorn Frappuccino.  Moving away from the core brand sent Starbucks “over its skis” in the past, the CEO told Business Insider – and he’s well aware of past mistakes. Starbucks’ new mission: to be everything to everyone.  The Read More


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Next boss misses annual bonus as high street stores feel the pinch

Next boss Lord Wolfson has missed out on his annual bonus for the first time in 18 years amid tough times on the British high street. Wolfson’s total pay package dived by 58% to £1.8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a key earnings per share target Read More