Download MP3 (Full Episode)
Flash Talks Cash: Michael Golden (18:14)
Tags:
Heritage Radio Network, Michael Golden, product development, royalty, joint venture, avenue mosaic, Quickbooks, monthly report, minimalizing expenses, profit and loss statements, selling price, overhead expenses, financial plan, projections, national distribution company, sales gap, U.S., Canada, JoAnn Flash Fleming, Flash Talks Cash, Andrew Newman, Fairway Market, finance radio,Selling Prices (26:46)
Tags:
recoup costs, analyzing selling price, distributor, invoicing, $5-10,000 to develop a product, three products per year, expanding offerings, Chinese manufacturer, royalty-based design, find who your customers are, network of sales people, non high-tech startups, self-help books, The New York Times, sales books, micro multi-national, micro-blogs, brave new world,Download MP3 (Full Episode)
Flash Talks Cash Introduction: Has the Recession Made You An Entrepreneur? (17:03)
Tags:
Flash Talks Cash, Heritage Radio Network, Hearst Ranch, JoAnn Flash Fleming, what do you do when you're self employed, take time off, complain a lot, try to get on unemployment, face reality and start to find clients!, there's a difference between being a freelancer and an entrepreneur, it's simplest to operate as a sole proprietor, it costs money to form a corporation, you have to figure out how to market yourself, find clients, what do you do about medical insurance, if you want to launch a business and be a success you should get medical insurance, don't be afraid to buy medical insurance, don't go get a regular job just for insurance, do you hire employees or freelancers?, employees should make you more profitable, rent an office or operate out of the house, you can get a home office deduction, you have to spend money to make money, collecting sales tax, don't mess with sales tax!, Andrew Newman,Email Questions & "The Creative Accountant" (11:52)
Tags:
Mr. Z wants to get his wife an IRA, she doesn't work, you can put $5,000 away for her, there are income limite, married copules that makes over $176000 a year are not allowed to use IRA's, you would save $2000 in taxes with a $5000 IRA, you better do something for yourself when you retire!, Mrs. A: we would like to give a gift to our new grandchild. what should we give her to use later in life towards college or a new house, use a 529 plan, in NYS you can deduct up to $10000 for a 529 plan, what's the benefit of a life insurance policy, insurance companies are not good for investments, The Creative Accountant, storymatic cards, character: hairy person who is a pet photographer, situation: message chalked in the sidewalk, next week, character: visionary small time politician, situation: box of matches, next week will have a guest and will be about mortgages, buy a house now!, rates are very low and prices are depressed, theme song is by Ray Scro,Download MP3 (Full Episode)
"Don't be afraid to cast a wide net." [18:45]
"Having a plan B doesn't mean you're setting yourself up to fail, it means you're a practical business owner." [19:30]
"The big challenges are always out there, they're always looming, and they're not always the scary things we think they are, they might the challenges and the little bit of push we all need to really get to the next place with our business." [33:20]-- Author Grace Bonney on After the Jump!








