Jul 10, 2020 | Articles, Sean Answers
Do you like to start your own business or buy an existing business? Both are great ways to own a business but buying an existing business in most cases will be much more expensive assuming it is profitable. You tend to start a business because you have an idea you...
Jul 10, 2020 | Articles, Sean Answers
What is your preferred method to pay back a business loan? If you are a startup try to get 12 months no payments other then interest with a balloon payment on principal a year in. This keeps the payment low and gives you a year to come up with a principal payment....
Jul 10, 2020 | Articles, Sean Answers
How do I protect my 401k in a recession? DON’T TOUCH IT (never sell during a downturn)! And most importantly keep buying during the downturn so your cost-share average works to your advantage.
Jul 10, 2020 | Articles, Sean Answers
How do I build a sustainable business? A sustainable business strategy is one that you can continue doing day in and day out for a lengthy period of time. Does it produce the results you want? Is it affordable? Do you have the staff and or talent to keep it going? It...
Jul 10, 2020 | Articles, Sean Answers
How terrible is an online loan? 3 RULES WHEN GETTING A LOAN Is the loaning institution credible? (Do a little research) Is the interest rate competitive and fair? Are the terms standard? (nothing in the small print that is...