Money

Many of us set goals and often we focus on those goals to the point where we neglect other areas of life.  On the other hand we may not realize that setting a goal and achieving that goal can have a positive impact on areas of our life. Basically...

Introduction: What is Traditional Budgeting? Traditional budgeting is a widely used method of managing personal finances that involves setting specific spending limits for various expense categories. It is a systematic approach to money management that helps individuals track their income, plan their expenses, and ensure financial stability.

The Amazon marketplace is a powerful tool for consumers to find the products they desire, and to break down the barriers for sellers to access customers around the world. Over the past 23+ years, Amazon has evolved from an ambitious online bookseller challenging the traditional bricks and mortar...

The IRS released over 280 pages of proposed regulations intended to implement the congressional mandate that the broker reporting rules apply to those who facilitate the transfer of digital assets such as Bitcoin and other cryptocurrencies. When these rules take effect, they impose substantial new tax reporting obligations on...

Start at Part 1 of this 5 part series. So what do you need to do in order to sell your Amazon business? Below, we look at a general overview of what the selling process might look like, and how this works when a good broker is involved.

Numbers are boring. I get it. You’re driven by the thrill of making sales, out-maneuvering your competitors, and putting together the perfect product. What doesn’t drive you, on the other hand, are the mind numbing hours spent staring at Excel trying to debug a formula you don’t understand. This is completely normal. If you’re not...

Starting a small business is a dream come true.  Building it from the ground up is exciting, inspiring, and a lot of work. But, no matter how well you plan and how hard you work, the ultimate success or failure depends on your profit. The formula for profitability has been established for ages. Every business...

What's your current understanding of money? For the most part, it's just paper, right? But what else is it? Money is energy. And it's an exchange of energy that's tied up in complicated emotion and systems of belief. Ready to learn more about what money is exactly? Once you understand money, you'll be able to make...

You know the drill, your paycheck comes in and you think maybe you can finally make some progress toward the ever-growing sea of bills you’ve been drowning in.  But month after month, you see your money run out before the month does. You know the way you’ve been managing your money just isn’t working. You...

Start at Part 1 of this 5 part series. Amazon FBA businesses tend to be valued according to a multiple of gross earnings before tax, plus the cost of stock in Amazon warehouses (including the cost of getting stock into Amazon's warehouses). For the purpose of valuations, the only...