article thumbnail

Stock Market Sectors: 11 Official GICS Groups

Savings Corner

We categorize stocks into sectors to make it easy to compare companies that have similar business models. Energy sector The energy sector covers companies that do business in the oil and natural gas industry. It doesn’t include many renewable energy companies which instead are considered utilities. The largest U.S.

article thumbnail

Leveraging Business Loans In Family-Owned Enterprises

Koupon Karen

Business loans can be a crucial tool for growth and innovation. Understanding Family-Owned Enterprises Family businesses, where two or more family members are involved and the majority of ownership or control lies within a family, are a vital part of many economies, contributing significantly to job creation and economic growth.

Family 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Start Managing Your Debt (And Enter To Win $1000 Cash)

Prairie Eco-Thrifter

The best tool for getting a very clear picture of your financial situation is a personal budget. I was told by a financial advisor to contact my lenders and credit card companies and negotiate a better deal. I tell you, this was one of the scariest things I’ve done but I was amazed at how kind and helpful every company was.

Debt 271
article thumbnail

Why Life Insurance Should Be Part of Every Entrepreneur’s Business Plan – Life Happens

Savings Corner

Still, when it comes to safeguarding your family, your legacy and the very future of your business, life insurance becomes an indispensable tool. Take Mike Jaap , for example, who used the cash value in his policy to keep his small business afloat during the economic crisis in 2008. It may not be the most glamorous topic.

article thumbnail

How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

This economic downturn is just the ticket to accomplish some of those actions. Here are some of the actions I could take during this downturn in the economy to benefit the long term growth of our future family members: Set up a family investment partnership or company, fund it and help the grown kids invest it’s assets.

Recession 176
article thumbnail

Life Tips from Dad

Prairie Eco-Thrifter

In the 1940′s he became a radio repair technician, started his own radio repair service company, went to work for an aircraft manufacturer and eventually ended up working on parts of the space program in the 1960s. Dad required me to learn to use tools and perform tasks which, at the time, were considered for boys only.

Radios 162
article thumbnail

How to Start a Business in 15 Steps

Savings Corner

Here are the essential steps on how to start a business, from choosing the right business idea, creating a solid business plan and structuring your company to opening a business bank account and choosing the right accounting software. If your city has officials who work on economic development issues, they may be helpful too.

Finance 52