Most people think cash is free… but that’s not the case for a business. Watch this video to understand the hidden cost of cash. VIDEO SUMMARY This is one of the topics that really separates Finance people from other business thinkers. In my previous video I discussed WACC. The cost of cash is a specific …
Every business owner should know their WACC and use it in strategic decisions. Watch my weekly video to find out more! VIDEO SUMMARY What is WACC? It is based on a simple idea. Every dollar in an organization has a cost. That cost is WACC. Your business is a machine. You have capital flowing in …
Hello all, I just wanted to share a great money tip. This is a simple idea that works if you are a small business or just for your personal finances. So here it is… *Check your bank statement every day. This should only take you 5 minutes a day, but can have a tremendous impact. …
In this video I discuss some of the problems with Portfolio Theory. VIDEO SUMMARY In this video, we are continuing to talk about Portfolio Theory. This video is all about the issues that are involved. I am going to give you the dirt on portfolio theory, because what you come to discover is that …
You can breathe a sigh of relief. Tax day is over! (if you mailed your forms on time) But it is never too early to start thinking about next year. There is something you can do NOW to make your taxes easier next time around. So I am giving you my number one tax tip. …
This advice will save you MONEY! If you are a small business owner, sometimes accounting can be frustrating. There are endless regulations to follow and forms to fill out. And then of course there are tax implications to consider. So if you think you might need to hire your first accountant, here is some advice …
Read more “The three things you should do when hiring an accountant”
In this video we walk through the equation for Portfolio Theory. VIDEO SUMMARY In this video, we are going to continue our conversation about Portfolio Theory. Now I think this video is going to blow your mind. In some of the previous videos we have talked about things like risk and diversification and negative …
In this video I give a definition for Diversification VIDEO SUMMARY Portfolio Theory – Part 3 (Diversification) In this video we are going to continue talking about portfolio theory. Specifically, we are going to talk about diversification. I want to give you a really firm definition of diversification because I think that not a …
In this video I provide a definition of risk. VIDEO SUMMARY In this video we’re going to continue talking about portfolio theory and I am going to give you a definition of risk. Now this is going to be one of my most important videos. I have talked about risk a lot in these …
This is the first video in a series talking about Portfolio Theory! VIDEO SUMMARY In this video we are going to talk about Portfolio Theory. This is one of the areas of Finance where you can really see the magic happen. What it does is use a mathematical formula to show you how financial …