Nearly all of us have heard of someone financing a small business on personal credit cards just to keep the doors open until they become profitable. It’s a scenario that’s frowned upon by financial advisors and credit professionals alike, but it’s one that happens all the time regardless. The U.S. Small Business Administration reports that more than 65% off all business owners use credit for business purchases, but only 50% of those cards are actually in the business’ name. A much sounder approach to …
The US relies on industry self-regulation of personal care products, thus exposing consumers to harms, in contrast to Canada, Europe, and Japan.
Today’s Water Cooler: TPP, Clinton corruption, ugly choices, alt-right, GDP, the Fed, capital allocation, Corbyn, inequality, union movement
My wife and I are both lifelong reading addicts. We have shelves and boxes full of books around our home, even after several “purges” of our collection, and we could easily pare it down quite a bit more if needed in order to free up space. If you’re a book lover, the first thing you’re probably thinking to yourself is how on earth we were able to convince ourselves to downsize our book collection without serious heartache. A good book …
The post How to Minimize and Get Maximum Value from a Book Collection appeared first on The Simple Dollar.
Not only do economists ignore the role of banks in their models, they also omit marketing and the malleability of consumer preferences.
When it comes to accepting credit cards as payment, small businesses are “damned if they do, and damned if they don’t” – as in, they stand to lose income no matter which decision they make. Since approximately 35% of people preferred credit to any other type of payment in 2014, small businesses could miss out on sales if they refuse to accept credit cards altogether. But since typical merchant account companies charge up to 5% for each transaction, the costs …
The post How Small Businesses Can Save On Credit Card Processing Fees appeared first on The Simple Dollar.
A look at the data on the decline of newspapers.
Yves here. While this post makes an important point about the degree to which veterans are targets for opioid marketing, as well as the creation of a large and multiheaded “pain lobby” to promote the idea that pain was undertreated (which may have been true, but not to the degree suggested). However, the article also […]
Ethereum’s Big Bank Blockchain consortium: trying to look behind the hype
Today’s Water Cooler: TPP, Clinton email fallout, Our Revolution launch, durable goods, blockchain precariat, brain photos, Gutenberg bible