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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 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 Oct 29, 2020

If you need working capital for your small business over a period of three years or less, a short-term business loan could be right for you. Short-term loans help businesses acquire needed equipment, hire new staff and address cash flow challenges. They are available principally from banks and online lenders. Short-term loans generally are easier to apply for than long-term loans and it can take less time to obtain approval. However, they also have higher interest rates and larger monthly payments and may include prepayment penalties. Read more

by Mark Henricks Oct 27, 2020

Prenuptial and postnuptial agreements are both legal documents that address what will happen to marital assets if a married couple divorces or one of them dies. Both agreements describe similar matters, including division of financial assets and payment of alimony. In addition, they may also concern retirement benefits. The main difference between the two is that a prenuptial agreement, often referred to as a prenup, is signed before the couple’s marriage; a postnuptial agreement, often referred to as a postnup, is signed after the marriage. However, there are additional differences between the two as well, including some significant pros and cons. Read more

by Mark Henricks Oct 14, 2020

Real estate investors often consider the after-repair value, or ARV, of a piece of real estate when deciding whether a deal is worth pursuing. The ARV is an estimate of what the property will be worth after all the needed repairs, renovations and upgrades have been done. It is the sum of the cost of the property and the value of the repairs. Knowing this key real estate metric is especially helpful to investors and lenders. Read more

by Mark Henricks Oct 12, 2020

Trade credit is an arrangement that allows a business to acquire goods or services from another business without making immediate payment. This ability to buy now and pay later is an important… Read more

by Mark Henricks Oct 12, 2020

Accounting rate of return is a tool used to decide whether it makes financial sense to proceed with a costly equipment purchase, acquisition of another company or another sizable business investment.… Read more

by Mark Henricks Oct 12, 2020

Interest coverage ratio, or ICR, is used to evaluate a company’s ability to pay the interest it owes on its debts. There is no generally agreed upon standard for what makes a healthy ICR across all… Read more

by Mark Henricks Oct 12, 2020

Free cash flow is a measure that helps business owners, investors and others assess a business’s financial performance and outlook. Free cash flow is defined as operating cash flow minus capital… Read more

by Mark Henricks Oct 07, 2020

Capital budgeting aims to highlight the risks and rewards of a business’s major investment proposals to determine if the ideas are really worth it. To do this, capital budgeting attempts to quantify… Read more

by Mark Henricks Oct 07, 2020

The section of the Internal Revenue Service code that describes the requirements for nonprofit entities, including public charities and private foundations, is known as 501(c)3. This section explains… Read more

by Mark Henricks Oct 06, 2020

A SWOT analysis, which is an acronym for a business’s strengths, weaknesses, opportunities and threats, helps business managers think in new ways, sometimes about things they would prefer to avoid… Read more

by Mark Henricks Sep 30, 2020

The 2017 Tax Cuts and Jobs Act introduced a deduction for qualified businss income (QBI) that provides a significant tax break to many business owners. The newly created Section 199A of the federal… Read more

by Mark Henricks Sep 30, 2020

Operating cash flow, or OCF, refers to the amount of cash a company generates from normal business operations over a specific period of time. It’s widely used to evaluate a company’s performance and… Read more

by Mark Henricks Sep 29, 2020

Tax exemptions let individuals and organizations avoid paying taxes on some or all of their income. Exemptions were once available to almost all tax filers in the form of the personal exemption.… Read more

by Mark Henricks Sep 17, 2020

Owner’s equity is the value of a business that the owner can claim, and it consists of the firm’s total assets minus its total liabilities. Both the amount of owner’s equity and how much it has… Read more

by Mark Henricks Sep 17, 2020

A vesting period is the time an employee must work for an employer in order to own outright employee stock options, shares of company stock or employer contributions to a tax-advantaged retirement… Read more

by Mark Henricks Sep 14, 2020

Public benefit corporations, also known as benefit corporations, are for-profit businesses whose charters commit them to social or environmental missions, not just maximizing shareholder value. These… Read more

by Mark Henricks Sep 14, 2020

EDGAR, which is short for Electronic Data Gathering, Analysis and Retrieval system, is a massive U.S. government database on the finances of publicly traded corporations that is free to the public.… Read more

by Mark Henricks Sep 14, 2020

Seed capital refers to funds raised to start a business. Also referred to as seed money, seed funding or startup capital, it enables entrepreneurs to transform a viable business idea into a new… Read more

by Mark Henricks Aug 28, 2020

A merchant cash advance (MCA) is an alternative form of financing for companies that need cash fast but lack credit and, thus, access to conventional business loans. Although credit rating and… Read more

by Mark Henricks Oct 02, 2020

Many businesses and entrepreneurs borrow money at some point to cover various costs. While going into debt has a bad reputation in some circles, business loans are time-tested tools for achieving… Read more

by Mark Henricks Aug 25, 2020

A business line of credit is a financing tool that provides firms with advantages not available from business credit cards or term loans. Unlike loans, business lines of credit let companies borrow… Read more

by Mark Henricks Aug 19, 2020

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… Read more

by Mark Henricks Aug 18, 2020

Fair market value is the price a business, property or other asset would sell for in an open and competitive market where buyer and seller have adequate information of relevant facts, a reasonable… Read more

by Mark Henricks Aug 18, 2020

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… Read more

by Mark Henricks Aug 11, 2020

A tax deed is a legal document that gives a government body the right to sell a piece of real estate for non-payment of taxes. When a real estate owner gets behind on property taxes, the city or… Read more