Question: Delinquent accounts are hurting my business. What can I do to get this problem under control? Answer: Delinquent accounts are an unfortunate part of any business that extends credit. Effective collection efforts can help reduce your losses, but the…
Profitability is the bottom line, but it’s not the end of the story. Consider banks: In 2010 and 2011, Hawaii’s two largest financial institutions, First Hawaiian Bank and Bank of Hawaii, were also the state’s most profitable companies. Last year, they ranked first…
Name: BRADLEY COATES Job: DIVORCE AND FAMILY LAW ATTORNEY Years of experience: 36 START: When Bradley Coates attended the University of Southern California in the 1970s, his plan was to get his Ph.D. and become a history professor – until he saw…
When Iniki hit, many property owners were uninsured, under-insured or covered by a company that couldn’t handle all its claims When a massive storm like Hurricane Sandy strikes, the effects on the insurance industry are felt around the world, including…
Robert Howe has been playing the markets since he was in high school. In 1973, he inherited $5,000 from his aunt and his father suggested he buy stock with the windfall. Howe chose a young consumer-products company called Radio Shack.…
Q: What’s the best way to pay for my business expenses? A: Small businesses face many everyday expenses, from inventory to office supplies. It’s important to understand not only the pros and cons of the different types of payment methods, but that…
PHOTOS BY DAVID CROXFORD You know the truism: It takes money to make money. That much is obvious, but how much money does it take to make money? In this case: How much does it cost to launch a successful…
Ever wondered why your IRA only invests in publicly traded securities, such as stocks, bonds and mutual funds? What about other investments: precious metals, derivatives, mortgages, business loans and real estate? Dan Falardeau, president of New Directions IRA, says the…
Q: How should I prepare my small business for hurricane season? A: First, consult with your insurance agent to make sure you have the appropriate coverages and limits before the need arises. Ask the agent: Do I have hurricane coverage for my…
