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“Shark Tank” and Church Financing

“Shark Tank” and Church Financing

| October 10, 2014

Shark Tank, a show about billionaire investors who either turn away or fight over investing in hopeful entrepreneurs, can teach us a lot about capital campaigns, and how capital campaigns impact a church’s ability to qualify for financing. If you have watched the show, you have probably noticed that there are two types of entrepreneurs, […]

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Staying Solvent, Staying Liquid: “The Micawber Principle”

Staying Solvent, Staying Liquid: “The Micawber Principle”

| August 6, 2014

“Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” So opined Wilkins Micawber in Charles Dickens great novel David Copperfield. Mr. Micawber thus announced a principle of personal and business finance taught by professors, preached by […]

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The Five Year Bull Market and Smart Investing

The Five Year Bull Market and Smart Investing

| April 6, 2014

The stock market recently celebrated the fifth year of growth since the start of the current bull market. Looking back, there are clear lessons for intelligent investors. On March 9, 2009, the financial news was universally bad. The Standard & Poor’s 500 stock index had fallen 57% from its 2007 peak; headlines in the Wall […]

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National Survey of Economic Freedom

National Survey of Economic Freedom

| January 3, 2014

The Fraser Institute released its annual report, Economic Freedom of North America, on December 12, 2013. The report measures the impact government restrictions have on economic freedom in the United States and Canada, on a state by state (and province by province) basis. The study ranks the states from those with the greatest economic freedom […]

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Charitable Giving: the Barometer of a Growing Economy

Charitable Giving: the Barometer of a Growing Economy

| December 6, 2013

Charitable giving is growing at a healthy pace, a sign that Americans are a little more confident about the economy and their own finances. Individuals, corporations and foundations donated $316.2 billion to charitable causes in 2012, a 3.5 percent increase over 2011, according to the annual Giving USA study, which is conducted by the Giving […]

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IRS Changes “Use or Lose Rules” for Health FSAs

IRS Changes “Use or Lose Rules” for Health FSAs

| November 10, 2013

Flexible spending arrangements (FSAs) are popular benefits offered by many employers as part of their employee’s health-care package. The Internal Revenue Service has issued Notice 2013-71, which modifies the current “use it or lose it” rules that restrict the use of these accounts, which is move which benefits both employers and employees. FSAs are accounts […]

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Valuation is Key as the M&A Market Slowly Heats Up

Valuation is Key as the M&A Market Slowly Heats Up

| October 12, 2013

After a lackluster 2012, domestic Merger and Acquisition activity is on the rise. Small business deal volume was up 62 percent in the second quarter of 2013 compared to the same period for 2012, according to the latest BizBuySell.com Insight Report, which analyzes private business broker transactions in more than 70 major U.S. markets. This […]

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Establishing an Inheritance with Your IRA

Establishing an Inheritance with Your IRA

| September 4, 2013

If you had the opportunity to make an informed and educated financial decision for the benefit of your future heirs instead of relying on a default policy, would you? I hope your answer is a resounding “Yes!” As we accumulate wealth our largest financial asset often becomes our Individual Retirement Account (IRA). If you take […]

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Which Way on the Estate Tax?

Which Way on the Estate Tax?

| May 21, 2013

The “fiscal cliff” negotiations ended in January, 2013 with the passage of the “American Taxpayer Relief Act” that was supposed to remove the uncertainty in the Federal tax laws.  While the political fight over income tax rates got most of the headlines, many business owners (and their attorneys) were closely watching negotiations over the Federal […]

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CPN Conference Program on Crowdfunding

| February 13, 2013

The 2012 Christian Professional Network Conference included a breakout session on Crowdfunding — a new means of raising capital for small business ventures by offering securities without registration.  This program presented the legal do’s and don’ts of crowdfunding, with on-line examples. Click to see the PowerPoint Slides. Share PostTwitterFacebookGoogle +1Email

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