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The key event in central banking, and certainly the mind of the markets, for this week will be Ben Bernanke's "Jackson Hole speech" scheduled to take place Friday the 26th of August at 10am ET. The regular event is where US Federal Reserve Chairman, Ben Bernanke, in 2010 introduced the idea of a s Read More
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The past week in monetary policy saw just 5 central banks meeting to review monetary policy settings. Those that changed interest rates were: Iceland +25bps to 4.50% and Georgia -25bps to 7.50%. Meanwhile those that held interest rates unchanged were: Colombia 4.50%, Sri Lanka 7.00%, and Chile 5. Read More
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This is a good time to review time-tested principles that help at budget time. While I can’t cover this large issue in a brief post, here are some ways to analyze expenses and manage the budget process for better results. Read More
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Only 21 percent of businesses in Europe and North America are currently tracking their ancillary fees. That number is slated to triple in the coming months and years, with 41 percent of business who do not currently track these fees saying that they plan to do so in the future. Read More
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Unless your new business is a money-tree farm, you will find this article about how to acquire financing for your new business very useful. Illustrated are the basic ways and means to go about it, depending on the type of business you own, or plan to own. Read More
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There are several homes where money can still yield a reasonable return these days. Simple financial tips you should be aware of. Read More
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Small businesses seeking capital in Michigan have a new source of options thanks to the Small Business Administration. The SBA last month announced that InvestMichigan! Mezzanine Fund will be the first licensed Impact Investment Fund in the SBA’s new Impact Investment Initiative. The $130 million v Read More
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In uncertain times, wise cash flow forecasting is critical to keeping a clean credit record and positioning your business for growth. Our OPEN Forum experts explain how to take control of managing your cash flow. Read More
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Small business owners who can reduce their expenses to a sustainable level in response to lower sales will be able to survive the ongoing economic challenges. In this post we propose a systematic approach to reduce costs such that it does not impact operations and customer service. Read More
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Everyone is looking for the least painful way to save some extra money, and while some ideas will be better than others, one quick and easy way is to look at your insurance policies. Read More
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