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Mark Henricks

Mortgage, Retirement and Investing Expert

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.

Posts by Mark Henricks:

by Mark Henricks Jun 23, 2020

Cash flow describes how money flows into and out of a business. It covers a specific time period, such as a month or quarter. Managing cash flow is crucial for both individuals and businesses. Even highly profitable businesses can fail if they don’t manage cash properly. Here are the basic principles and techniques for effective cash flow management. Read more

by Mark Henricks Jun 18, 2020

The term “lean startup” describes a method of starting a business that favors a flexible, trial-and-error approach to product development. Unlike traditional startup methods, which include analyzing, testing and verifying potential customer demand, a lean startup anticipates uncertainty in operating conditions and is prepared to quickly pivot the company’s focus. Here’s what a lean startup approach looks like, and how to do it.  Read more

by Mark Henricks Sep 04, 2020

Several grant programs exist to support minority-owned small businesses, from both the government and nonprofit organizations. The definition of “minority” varies by program, though most focus on racial and ethnic minorities like African-Americans, Asian-Americans, Hispanic Americans, Native Americans and Pacific Islanders. In this article we’ll explore in detail some of the largest grant programs available to minority-owned businesses. Read more

by Mark Henricks Jun 17, 2020

Small business owners can now host their e-commerce efforts on Facebook through its recently launched Facebook Shops, which the social media giant began rolling out on May 19, 2020. It’s not an… Read more

by Mark Henricks Jun 12, 2020

The two most popular ways of organizing a small business are LLCs and sole proprietorships. They are less costly and complicated compared to the alternatives of corporations and partnerships. There… Read more

by Mark Henricks Jun 10, 2020

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

by Mark Henricks Jun 03, 2020

Thinking of starting a business in Indiana? The Hoosier State’s low costs for doing business and low costs of living combine with a business-friendly regulatory environment and well-built… Read more

by Mark Henricks Jun 03, 2020

If you’re considering starting a business in Maryland, you’ll likely be impressed with the state’s well-educated populace, one of the country’s lowest poverty rates and the strong economic presence… Read more

by Mark Henricks Jun 01, 2020

A partnership is a form of business that has more than one owner. A limited liability partnership (LLP) incorporates some elements of a corporation and some elements of a partnership. An LLP offers… Read more

by Mark Henricks Jun 01, 2020

A limited partnership (LP) has two kinds of partners: One who does not get involved in daily management and another who is involved in daily management and bears more personal liability. It’s similar… Read more

by Mark Henricks May 26, 2020

One of the federal government’s main economic responses to the coronavirus pandemic is the $2.2 trillion CARES Act, which provides assistance for both small businesses and larger ones. For businesses… Read more

by Mark Henricks May 21, 2020

If your small business is struggling to pay its debts and your creditors are threatening to take your assets, bankruptcy is an option. Although bankruptcy sounds like the end, it actually can be a… Read more

by Mark Henricks Jul 10, 2020

The stated goal of the Paycheck Protection Program (PPP) is to help small businesses keep employees on their payrolls. The program’s relatively simple loan application and relaxed requirements are… Read more

by Mark Henricks May 07, 2020

When two or more people join forces to create a for-profit business, the result is a general partnership. A general partnership is an unincorporated business run by two or more people who are known… Read more

by Mark Henricks May 07, 2020

A master of business administration (MBA) degree is designed for those who want to hold leadership or management positions in corporate or public sectors. It’s the world’s most popular professional… Read more

by Mark Henricks Apr 30, 2020

If you applied for a Paycheck Protection Program (PPP) loan in the first round but didn’t get one, do you need to put in a second application now that more money has been added to the program? Or… Read more

by Mark Henricks Apr 22, 2020

Exporting is important for many small businesses, but the COVID-19 pandemic has made it unusually challenging to reach international markets. The Small Business Administration (SBA) offers several… Read more

by Mark Henricks Aug 20, 2020

Update: The Small Business Administration has stopped accepting applications for Paycheck Protection Program loans again. This time it’s because the August 8 deadline has passed. The program still… Read more

by Mark Henricks Apr 16, 2020

Ordinarily, only salaried employees who lose their jobs through no fault of their own are eligible to collect unemployment insurance. But the $2 trillion Coronavirus Aid, Relief, and Economic… Read more

by Mark Henricks Apr 16, 2020

Coronavirus has hit small businesses hard. While the government has responded with a number of small-business-focused relief initiatives, small business owners can also access existing programs to… Read more

by Mark Henricks May 29, 2020

The federal government has launched a wide-ranging set of initiatives to help individuals and businesses dealing with the coronavirus pandemic. A number of these initiatives, found in the $2 trillion… Read more

by Mark Henricks Feb 24, 2021

Paycheck Protection Program (PPP) loans were the main small-business provision of the CARES Act, intended to prop up small businesses with forgivable loans. Since the program’s inception, it has been… Read more

by Mark Henricks Jul 10, 2020

When a natural disaster or man-made crisis strikes, businesses often must suspend operations or operate at reduced capacity for a time. Business interruption insurance can protect business owners… Read more

by Mark Henricks Mar 30, 2020

Arizona is perhaps best known for its hot climate and natural beauty, but it’s developing a high profile for business as well. The state’s population is growing, as is its economy. On the downside,… Read more

by Mark Henricks Mar 30, 2020

Colorado’s population is growing, its workforce is younger than the national average, and it ranks among the top states for higher education attainment. The Centennial State is also a popular… Read more