With the passing of the JOBS Act of 2012, small businesses will have greater access to capital through Internet crowd funding. The basic concept is to raise money via an online funding portal through small contributions from a large number of people that wish to support the dreams and efforts of others.
Last week, we discussed two Internet crowd funding models – "All or Nothing" or "Keep it All." Another category includes raising funds for business ventures by either giving up some level of equity in the venture or by obtaining interest bearing loans.
In a recent study, 40 percent of consumers responded that they don't have enough life insurance to meet their families' long-term needs.This concern raises an obvious question: How much life insurance is enough? What might be appropriate for a family with two young children and a stay-at-home spouse could be significantly different from the needs of a working couple whose children are grown.
(Last week we discussed 'Shark Tank' and the televised opportunity to request funding from shrewd venture capitalists. But there are even more creative ways to raise much needed money.)
Earlier this year, the JOBS (Jumpstart Our Business Startups) Act of 2012 was signed into law to increase the delivery of capital to smaller entities, creating more jobs. It was the fruit of a rare bipartisan effort linking the House, Senate and President Obama.
Cheryl Pearson-McNeil, Nielsen's senior vice president for Communications, can be a reference or a resource in just about any conversation that involves trends.
With more than 21 years of public relations, communications and writing experience, Pearson-McNeil's background includes advertising, television, public affairs, the non-profit sector and government. In a world where most everything can be measured by television time, time spent online and what we buy, she is an information treasure.
A few months ago, I had a discussion with a few associates over coffee. The topic of the conversation was a television show called "Shark Tank." I had watched it a few times and thought that it was intriguing. My associates found it captivating.
The premise of the show is a business owner bringing a product or service to a panel of professionals in the hopes of receiving an investment of money and expertise. It's called "Shark Tank" because the investors are just that, sharks.
Wouldn't it be disappointing to dream about a comfortable retirement and then find yourself unable to enjoy your leisure years because of limited financial resources? Unfortunately, this is a possibility for people who underestimate retirement expenses and the rising cost of living.