Avoiding Scams Online
Business Today

Avoiding Scams Online

- by Benny McAdams

Dealing with scams online can be frustrating. When it comes to dealing with your finances, this is even more excruciating, as some of your financial independence will likely rely on how you handle your funds online. Here are some tips to avoid scams, and ensure that you are putting your money in the right places.

Scammers immediately try to assume control

Scammers try to take control of the conversation or hook you in with a message/email to have power over the outcome. Without that control, they can do nothing to you. Take your time and review the information being presented to you, and do it from an outside perspective if possible.

If you aren’t expecting, don’t give personal information

Never give out your personal information if you aren’t expecting to. There are very few formats where it’s necessary you immediately use your personal information for a call or update you weren’t prepared for.

This is also a great way to get a friend or outside party involved. Repeat back the information they are asking for to a friend to see if it makes sense to them. Often enough, in that brief information sharing, you are able to jointly come to …

Avoiding Scams Online Read More
Interesting Economic Articles by Economists
Economic News Articles

Interesting Economic Articles by Economists

- by Benny McAdams

If you’re into economics and want to learn more, read these interesting economic articles by economists. Coase’s 1937 article has many subfields within economics, and his ideas have shaped the field in numerous ways. Alchian’s profit-seeking firm model and the information technology revolution are a few examples. This article has influenced just about everything in industrial organization since. But why is Coase’s 1937 article so interesting?

Coase’s 1937 article

The premise of Coase’s 1937 article on economics is that we should try to settle disputes between parties on a voluntary basis and should intervene only when property rights are too weak or transaction costs are too high. It may sound like laissez-faire thinking, but this economist was a pragmatic thinker. He spent most of his career teaching at Chicago University and he firmly believed that economics is a science, and that government interventions should be kept to a minimum.

Ronald Coase’s first essay on economics appeared in Dundee, Scotland, in 1932. He had previously spent a year in America. It took another five years for the “nature of the firm” to appear in print. Another of Coase’s famous articles, “The Problem of Social Cost,” was published five years later, in …

Interesting Economic Articles by Economists Read More
Financial Services Company Business Plan
Company Business

Financial Services Company Business Plan

- by Benny McAdams

A Financial Services Company Business Plan reflects the ability of an entrepreneur to attract investment for their financial services business. A Financial Services Business Plan highlights the key decisions made, ongoing functional costs, and revenue statement as expenditures. The income segment of the financial services business plan reflects market trends, fiscal structure, and marketing plan. Finally, a Financial Services Business Plan must include the following four elements: market analysis, competitive positioning, and internal and external human resource requirements.

Financial projections

A sound financial analysis is the foundation of a successful business plan, and a strong financial analysis is crucial to a successful business. Financial projections should include five-year income statements, balance sheets, cash flow statements, and capital expenditure budgets. This information should be backed up by clearly outlined projections. The information should match funding requests, which should detail debt and any other terms and timeframes.

Objective statement

An objective statement is an important component of a financial services company business plan. This statement should describe the business’s overall goals and how financing will be used to achieve those goals. In addition, the objective statement should describe the growth plan and why it needs funding. In this way, investors will understand …

Financial Services Company Business Plan Read More
Taking Care of Business Today
Business Today

Taking Care of Business Today

- by Benny McAdams

Taking care of business today is a vital part of preparing yourself for a career in the business world. Business Today is a nonprofit organization that was founded by Steve Forbes in 1968. Its mission is to bridge the gap between influential business leaders and top undergraduate students by creating a dynamic forum for these two groups of students. This event provides an opportunity to learn from a diverse group of speakers and panelists. The conference also offers plenty of networking opportunities for those who wish to pursue a career in business.

Impact Challenge

The annual Business Today Impact Challenge provides seed funding for social entrepreneurs and aims to foster the next generation of social entrepreneurs. Business Today also encourages undergraduates to participate in the challenge, and has previously hosted a series of student panels and workshops on social entrepreneurship. Selected teams receive mentorship from leading business executives, and the competition ends with the grand prize of $15,000 in seed funding. Listed below are the winners of this year’s competition.

The Impact Challenge is a three-day conference that aims to foster collaboration and innovation among undergraduate students. Students attending the event must be undergraduates and be available for all three …

Taking Care of Business Today Read More
Three Ways to Promote Your Business in a Small Business Trends Magazine
Business Publications

Three Ways to Promote Your Business in a Small Business Trends Magazine

- by Benny McAdams

If you’re looking for a new way to promote your small business, you might want to consider signing up for a subscription to Small Business Trends magazine. This new print format has changed how small business owners consume content. It is more mobile-friendly and similar to digital content collections. This is good news for small business owners. Keeping up with technology is essential to stay competitive. Listed below are three ways to promote your business through a magazine subscription.

Profitability edition

Profitability is a crucial component of a small business, and this edition focuses on maximizing profitability. The Profitability edition covers topics pertaining to small businesses, including emerging technologies, marketing strategies, and the latest in business trends. It is particularly useful for health-care business owners and investors. Creative entrepreneurs will find valuable information in the Creative Boom magazine, which showcases the best creative professionals and provides business advice tailored to the specific needs of creatives.

Influencer marketing

It is no surprise that there are a lot of ways to use influencer marketing for your business. Whether it’s on social media or in person, you can make it work to promote your brand. The most important element of influencer marketing is …

Three Ways to Promote Your Business in a Small Business Trends Magazine Read More