Tiffany C, Wright

The Path for Aspiring Millionaires

The general definition of a millionaire is someone who has assets outside of his or her personal residence totaling $1 million or more. Keep in mind that $1 million in 1990 is equivalent to $1.86 million in today’s dollars with 3% annual inflation. What t... Read >

How Do I Lose More Weight?

Many men and women ask the question: How do I lose more weight? Often they are seeking a panacea, a pill or a special diet. They want the holy grail to a fabulous body. But like Cher said so many years ago in the Scandinavian Health Spa commercial: “If it... Read >

Statistics on Women and Minorities’ Participation in Angel Investing

The Center for Venture Research at the University of New Hampshire conducts an annual survey of angel investors and entrepreneurial ventures that pursued angel investment, then publishes that information each year in a comprehensive report. The report beg... Read >

Finance Your Company and Manage Your Company Finances

Below are some websites and web applications that can help small businesses finance their company and manage their company finances. These web applications span the gamut from crowdfunding entities to peer-to-peer lending facilitators to online bill manag... Read >

Small Business Owners & Non-Profit Board Participation

This may seem a little unrelated to small business finance and management, but bear with me. A few years ago a couple of people recommended that I step up my involvement in non-profits via board participation. I was not ready. I had too much going on and ... Read >

Four Ways to Make Your Business Virtual

With today's technology, it is now easier than ever to run your small business virtually. I remember reading about a company on the Inc. 500 list a couple years ago that had approximately $46 million in revenue and over 100 consultants but did not have a ... Read >

Friends as Business Partners: Three Musts

How can friends who become business partners keep their partnership alive and thriving? This is an excellent question and a crucial one. While getting my MBA at Wharton, I worked for an M&A (mergers and acquisitions) boutique that valued companies. Many o... Read >

How to Avoid Getting Turned Down for a Business Loan

If you have been pursuing a business bank loan (term loan or line of credit) and have been turned down at least once if not more, ask yourself the following questions: • “Did we approach someone with signature authority or did we meet with a low level... Read >

Why Build Business Credit?

Cash flow is the lifeblood of any business, no matter the size. If your company does not have adequate operational cash flow (cash generated on a daily or weekly basis from daily operation of your business), then you have to access cash from selling asset... Read >

Seven Steps to Build Business Credit

How do you build your business credit? Here’s what Wells Fargo Bank has said regarding Separating Personal and Business Finances... "The longer you delay establishing business credit, the longer you delay taking advantage of business loans." By st... Read >

Tap Your Customers via Direct Public Offerings (DPOs)

Do you need to raise capital to grow your small business into a medium-sized one but have not been able to access any or sufficient bank financing? Have you tried tapping into your existing customer base for equity financing? I'm not talking about custome... Read >

Business Cash Flow Dropping? The Difference Between Financial and Operational Difficulties

It's important to understand the difference between operational difficulties and financial difficulties and to determine which is the primary source of any downward trend in business cash flow. If your company is encountering financial difficulty or serio... Read >

Plummeting Business Cash Flow? How to Hire a Turnaround Consultant!

If you are encountering financial and operational issues and are monitoring your business cash flow and see it’s dropping rapidly, what do you do? DO NOT PRACTICE DENIAL. You may need to immediately engage a business turnaround consultant. How do you enga... Read >

How to Approach Your Banker When Buying or Growing Your Business

If you are seeking funding to expand your company organically or acquisitions, buy another company, or buy out a partner or co-owner, here are some steps to take to locate both a lender who is willing to provide you and/or your company with the financing ... Read >

Is Your Business Cash Flow Low? Five Ways to Increase Cash Flow

What do you do when you're business cash flow is low and you don't have a working capital line of credit to ease the stress? To find cash for your business, consider doing the following: • If your small business employs direct salespeople, make sure th... Read >