Why timing the market is a loser’s game By Bonnie Conrad When you invest your money in the stock market, it is only natural to want to avoid bear market declines. After all, bear markets can take the value of stocks down 50 percent or more over the course of several years, a disconcerting drop…
Improve your bottom line by mixing bogeys with business By Leslie T. Snadowsky Doug Weaver, former PGA Tour pro and director of instruction at Palmetto Dunes Golf Academy at Palmetto Dunes Oceanfront Resort, was playing a round of golf with a professional photographer and someone who managed a local hotel for a national brand. The…
By Leslie T. Snadowsky Visionary side hustles deliver more than just cash Kimberly Porter saw the trend coming. “About 15 years ago, one of our students decided to go into business with some of his college friends hauling junk from people’s apartments and houses,” said Porter, the director of operations assessment and strategy at Pace…
Investing in visionaries By Leslie T. Snadowsky Bruce Wood has vision. The founder and managing partner of Hilton Head Capital Partners (HHCP) opened his registered investment advisory, fee-only fiduciary firm (RIA) in 2017 when he left Wells Fargo Advisors after 44 years as a banker and wire-house advisor. He entered the independent portfolio management world…
By Leslie T. Snadowsky SERG serves up visionary goals Disney, Ford, Walmart … SERG. Jordan Norris, director of HR at the SERG Restaurant Group, said the above companies are leading innovators because they consistently improve upon their market shares, they never stop reinventing their brands, they’re flexible and change with the times, and they realize…
Planning for stormy weather By Leslie T. Snadowsky Depending on the political winds you adjust your sails to, we’re either in a recession or circling the drain. Small businesses have to anticipate stormy weather, and a volatile economic climate is just one possible forecast. Scott Beebe, founder and head business coach at Business on Purpose…
Charitable giving a win-win for businesses By Leslie T. Snadowsky Philanthropic footwear company, Toms, used to give free shoes to those in need with every purchase and now gives one-third of its profits to grassroots organizations. Bombas, an altruistic apparel company, donates with every purchase and has given 3,500 community organizations more than 40 million…
The bottom line on lines of credit By Leslie T. Snadowsky Let’s say a small business has an immediate opportunity to buy a new retail space in a perfect location, or it needs additional inventory in a pinch, or it can’t cover payroll during a disappointing month. Instead of repeatedly applying for small business loans…
Building a bond with your banker By Leslie T. Snadowsky Banking has become more anonymous with online options and fintech vehicles. But a virtual agent won’t listen to you about your goals for growing your business, help you secure funds to start a venture, talk to you about lines of credit and cash flow or…
Let your customers choose how to pay In addition to mentoring and training resources, SCORE provides helpful information and research (see infographic on the right) to help small businesses make better decisions. How customers want to shop and pay is constantly evolving and even though this graphic is dated 2017, these trends have held and…