Tips To Consider When Finding a Joint Venture Partner

handshake in business

Joint venture partnerships undoubtedly carry a significant level of risk, but they can also be an effective way to rapidly expand and diversify your portfolio. Fortunately, there are ways to deal with the risks that joint venture partnerships bring and tips to follow when considering entering into such an arrangement.

Why the Reluctance?

Particularly with joint venture partnerships based on business ownership and property transactions, investors are often reticent to get involved. This stands to reason – many of us have been exposed to dreadful stories of partnerships going awry, ending badly and resulting in significant financial loss.

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Workplace of the future . . . from the past

Here’s Walter Cronkite in 1967 doing a feature on the home office of the future that would be possible in 2001. Fascinating!

Higher minimum wage would save government $7.6 billion

stacking coins

One of the biggest battle in Washington and in states around the country involves the minimum wage. It’s basically a fairness argument versus those who think this can hurt jobs.

Still, this data should also be taken into account:

- If the minimum wage were raised to $10.10, more than 1.7 million American workers would no longer rely on public assistance programs.
- Raising the minimum wage to $10.10 would reduce government expenditures on current income-support programs by $7.6 billion per year—and possibly more, given the conservative nature of this estimate. This would allow these funds to be repurposed into either new programs or expansions of existing programs to further leverage the poverty-fighting impact of this spending.

Corporations are making tons of profits and we have very low inflation. It seems like a perfect time to raise the minimum wage!

What every Business Owner needs to know about Cloud Storage

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Whether you’re a single contractor or the head of a multinational organisation, it’s likely your business could benefit from a cloud-based storage solution. Storing files and software in the cloud allows for easy file sharing, mobile access, and file security. There is a range of cloud storage platforms out there, from the generic, lower security options through to specialised, security-focussed platforms like Your Digital File. If you’re considering a cloud storage solution for your business, this article outlines a few key issues and considerations.

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Unemployment rate falls under 6%

opportunity just ahead

In more good news for the job market, the unemployment rate has fallen to 5.9% as job growth exceeded expectations. For all the gloom and doom out there, this is further evidence that the recovery from economic collapse that started under President Obama is real. Of course it’s spurred in part by very aggressive action by the Fed, and there are some risks associated with that strategy. But letting the economy collapse in 2008/2009 as many suggested would have led to economic catastrophe. Instead we have a fighting chance to slowly and steadily right the wrongs from the economic crisis.

If you’re looking for a job, now is the time to get even more aggressive.