Mark Henricks has reported on personal finance, investing, retirement, entrepreneurship and other topics for more than 30 years. His freelance byline has appeared on CNBC.com and in The Wall Street Journal, The New York Times, The Washington Post, Kiplinger’s Personal Finance and other leading publications. Mark has written books including, “Not Just A Living: The Complete Guide to Creating a Business That Gives You A Life.” His favorite reporting is the kind that helps ordinary people increase their personal wealth and life satisfaction. A graduate of the University of Texas journalism program, he lives in Austin, Texas. In his spare time he enjoys reading, volunteering, performing in an acoustic music duo, whitewater kayaking, wilderness backpacking and competing in triathlons.
The chief executive officer (CEO) and the president of a corporation are normally the two highest-level leadership roles in a business. Sometimes the same person fills both roles, but there are often significant differences in responsibilities, powers and objectives. The duties of the positions may overlap somewhat but primarily complement each other. Here’s what these job titles normally describe. Read more
Fair market value is the price a business, property or other asset would sell for in an open and competitive market where the buyer and seller have adequate information of relevant facts, a reasonable time to complete a deal, are under no compulsion, are acting in their own interests and mutually agree on the price. The term is common in real estate and tax matters, but it is also used in salary negotiations, business sales and many other transactions, all of which hinge on coming up with a price that seems reasonable to the concerned parties. Do you have questions about the fair market value in your situation? Speak with a financial advisor about it today. Read more
A business credit score, which is distinct from a personal credit score, is a number that lenders and suppliers use to determine the availability and pricing of loans and other forms of credit for a firm. It’s based on a company’s use of credit and payment history, as well as other factors, including business revenues, assets and industry. Here’s how they’re calculated and how to improve yours. Read more
So you’ve got a business that’s impacted by the coronavirus economy. Even with PPP loans and other government resources for small businesses, your revenue is suffering and you’re not sure if you can… Read more
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