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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 Aug 10, 2020

A minimum viable product (MVP) is an early version of a product with only basic features. The purpose of an MVP is to help a company or development team learn what will work without investing too much money or time up front. The term was popularized by author Eric Ries in his 2009 book “The Lean Startup.” Here are the principles of creating an MVP. Read more

by Mark Henricks Aug 03, 2020

Cost of goods sold (COGS) is the determination of how much it costs retailers, wholesalers and manufacturers to produce the goods they sell. For makers and resellers of products, COGS, sometimes also referred to as “cost of sales,” appears on an income statement where it is central to calculating gross profit. The IRS relies on it to determine a company’s tax bill. Internally, business executives focus on COGS when pricing the company’s products offered for sale. For investors, a high COGS can suggest a cap on potential profitability, while a low COGS can indicate a competitive advantage. Learn how to calculate this important metric here. Read more

by Mark Henricks Jul 29, 2020

The burn rate of a company is a measure of its negative cash flow in a set period of time, typically a month. Investors, especially venture capitalists, monitor this metric closely to gauge when the company will be self-sustaining or profitable. Business owners monitor this rate to see what, if any, adjustments need to be made to a company’s expenditures. Here’s an explanation of the burn rate and how investors evaluate it. Read more

by Mark Henricks Jul 29, 2020

Mezzanine financing is a type of corporate debt that includes an equity component. It offers advantages to both borrowers and lenders that are not available through issuing stock or conventional debt… Read more

by Mark Henricks Jul 23, 2020

Crowdfunding is a relatively new, technology-driven part of the world of finance. Crowdfunding websites let firms and entrepreneurs raise funds and retail investors participate in appealing… Read more

by Mark Henricks Jul 22, 2020

A term sheet is a written document that spells out the key conditions of parties negotiating a proposed transaction, such as an investment in a business or the sale of a business. A term sheet is not… Read more

by Mark Henricks Jul 22, 2020

Every American state has its own securities laws that aim to protect investors against fraud. These laws, called blue sky laws, also oversee the licensing and reporting requirements placed on broker… Read more

by Mark Henricks Jul 22, 2020

Marketing as an affiliate is an increasingly popular way for people to write on digital platforms about goods and services to earn money on sales that stem from their positive reviews. U.S. affiliate… Read more

by Mark Henricks Sep 04, 2020

There are a variety of small business grants specifically for female entrepreneurs and women-owned businesses. These grants primarily come from private sources, and they tend to be competitive and… Read more

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… 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,… 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… 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