Finding Margin in Business and in Life

Archives for January 2013

Six Types of Insurance Coverage to Consider for Your Business

As you start your business, one of the key questions you will need to answer is “What kind of insurance do I need?”  In recent years, risk management has become a science in and of itself, bringing with it a proliferation of insurance coverage that can be somewhat mind-boggling to comprehend for the new business […]

How Do I Set Up My Business?

When starting a business, one of the significant questions an entrepreneur may miss is “What kind of business entity do I form?”  In my experience, it is a question I’ve raised with potential clients, only to be met with the thousand yard stare.  Yeah, you know what I’m talking about…think Ferris Bueller’s classmates stuck in a room […]

Do I Really Need a Budget?

 Do I really need a budget?  The short answer is YES!  As we mentioned in the first article of this series, a budget should be developed as a prerequisite for starting a business.  Why?  If for nothing else, it serves as reality barometer for the prospective entrepreneur.  Budgets are typically developed on an annual basis […]

How Do I Keep Records?

One of the questions that you will face upon starting your business is: How Do I Keep Records?  No matter how large or small a business, recordkeeping is a critical component for success.  Recordkeeping is composed of several elements, two of which we’ll cover here:  Bookkeeping and Filing.  To that end, here are six keys […]

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