CT Business Insurance: What is Crowdfunding? Until very recently, financing a small business was often dependent on soliciting a few lenders for large sums of money in hopes of generating start-up and venture capital, but today many small business hopefuls are turning to the internet to generate the funds they need to launch their endeavor. This process is known as … Read More
Wallingford Financial Planning: Evaluating the American Dream
Wallingford Financial Planning: Evaluating the American Dream As part of a larger investigation on the state of the American Dream, CNN Money released the results of a poll which asked the public to reflect on the attainability of the American Dream. Not surprisingly, over half of the population believes that they will never fully attain the quintessential American Dream, with … Read More
Connecticut Church Insurance: How to Manage Your Budget
Connecticut Church Insurance: How to Manage Your Budget Finances can be a tricky subject in any church or nonprofit organization. However, without adequate funds, your church can’t continue to minister effectively. In a previous post we discussed some of the rules of financial management for churches, stating that the right financial management plan is key to your church’s success. Your … Read More
The Basics of Church Insurance Part 2: Rules of Financial Management
The Basics of Church Insurance Part 2: Rules of Financial Management When it comes to running a business or organization of any kind, the right financial management plan is key to your success. This is especially true when it comes to a non-profit organization such as a church. As we discussed in part 1 of this blog post, churches have … Read More
How Financial Management Impacts Large Businesses
How Financial Management Impacts Large Businesses In an earlier post, we discussed the role that financial management plays in your small Connecticut business, highlighting the main financial aspects that a small business owner should at least be somewhat knowledgeable about. Financial management is viewed and handled different in large businesses, but one thing remains the same; an organization’s financial management … Read More
How Risk Management and Risk Analysis Works
How Risk Management and Risk Analysis Works A few factors that contribute to business risks include uncertainty in financial markets, threats from project failures at any phase, legal liabilities, credit risks, accidents, or even events of uncertain or unpredictable root-causes. Risk management ideally will prioritize the risks, placing those with the greatest loss or impact and the greatest probability of … Read More