Making Better Tough Decisions

Making tough decisions is by definition — tough. One strategy that I’ve found to work for me is something I picked up from the Autobiography of Benjamin Franklin. In it, Franklin writes about creating a standard “pros and cons” list. But Franklin takes it one step further by assigning values to his pros and cons. The values would represent their … Read More

Crafting a Vision for Your Business

Running a business can be hectic. You will have to be put out fires and fix upended plans at some point. It helps to have a compass of sorts that you can use to get back on track when this happens. The most fundamental compass you can have in your business is a vision. Crafting a vision for your business … Read More

Projecting Business Income from Your New Small Business

Before I started uVest Advisory Group, LLC, my Registered Investment Advisor firm, I wanted to be sure that it made sense to do so from a “numbers” standpoint. Basically, I wanted to project business income for my then hypothetical small business. Projected financial statements are called “proforma” financial statements. I used these statements to map out just how much margin … Read More