Diversification vs Di-worse-ification

Diversification – A Background In the wake of the 1960’s efficient-market hypothesis, Harry Markowitz introduced the term “diversification” to the American business world. Since then, diversification has become a watercooler maxim surpassed in usage only by the call...

Convertible Notes Part One: The Basics

Most burgeoning entrepreneurs, and even casual Shark Tank viewers, will likely understand the process of taking investment capital, but the actual process is a little more complicated than a five-minute TV show segment might reveal. A less publicized but no less...

Startup Tips: The Shared Working Space Debate

Entrepreneurs, especially those bootstrapping their own business and trying to squeeze 11 cents out of every dime, know the struggle of choosing how to best spend their company money. Sometimes, when every penny counts, some entrepreneurs choose to work from home;...

Using Tech to Handle Small Business Payments

Technology solutions can streamline your business processes tremendously. From billing solutions to bill-paying solutions, choosing the right tech is critical  for several reasons. You don’t want to just go for the lowest bidder. Although it’s important to keep costs...

Scalable Business Model or Bust.

The Importance of a Scalable Business Model Going from idea to product to company is one of the biggest challenges to an entrepreneur. Many businesses start with a great idea but are soon gobbled up by competition or lack of financing. Business models should be built...

Managing Labor Expenses to Maximize Profit

The current minimum wage in Utah as of Jan. 1 2014 is $7.25, which is equal to the Federal level. Several other states have higher minimum wages, but Utah’s lower cost of living compensates for the difference. Whether you pay your employees $7.25/hr, $50/hr., or...