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Save More Money
If you’re looking for a business certificate of deposit, be sure you get the highest interest rate possible. Bankrate.com can help you compare business CD offerings. Go to www.bankrate.com/brm/Biz_home.asp where you can search CDs by maturity, from one month to five years, including jumbo CDs. The search results table shows you:
Risky Business
How old are you? The answer could determine how you manage risk for your small business, says Brad Forsythe, who is certified from the Harvard Business School in small business strategic finance. “Young entrepreneurs are more apt to take risks to grow their business, while older business owners are more interested in keeping their slice of the pie to pass along or to sell for the maximum profit,” Forsythe says. You can learn more about managing your own risk in Forsythe’s book, “Bulletproof Your Business – Cutting Risk for Small Business Owners and Managers.” It’s available for $59.95 at Forsythe’s Web site, www.bradforsythe.com.
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