In today's ever-evolving marketplace it's easy for a business owner to become overwhelmed. This Changes Things hosts Baker Machado and Hope King talk through some of the strategies to ensure the success of your business.
First off, make sure you study the competition. As a business owner you need to know who your competitors are and the products they offer. Second, conserve cash! No matter how good business is you always need to have some extra capital for the rough patches. And lastly, listen to your customers. Adapting based on customer feedback is crucial to evolving your business.
It's a benefit to have a 401k plan with your employer but it can also be stressful to decide how to best allocate your contributions. Michele Schneider, partner and director of trading research and education with MarketGauge.com, joined Cheddar News to explain which markets are best to invest in, depending on your age demographic.
There is no specific formula or playbook for handling money with your spouse. Is it any different with a second marriage? Kelli Smith, director of financial planning with Edelman Financial Engines, joined Cheddar News to discuss what approach to take with finances with a new partner.
