Alan Olsen

Who Benefits Under the Economic Stimulus Plan of 2008

The new Economic Stimulus package will do little to turn around our current economy. However, many individuals will welcome the additional handout from "Uncle Sam". The $150 billion stimulus package focused on three areas: Families, Business, and Borrowe... Read >

Lending Money to Your Corporation

Starting a business takes a substantial amount of money and effort. However, there are right and wrong ways to go about lending money to your corporation. If you want to lend money to your corporation, you properly document the transaction. If you give m... Read >

6 Tips to Consider When Faced With Foreclosure

Many find themselves faced with Foreclosure in the world today. Sometimes the circumstances leading to Foreclosure isn't our fault. If faced with Foreclosure most likely you want to know what to do, how to get help and if you can get out if it. Each situ... Read >

8 Steps for Getting Out of Debt

The Average American spends a great deal more than they make every year. This results in a financial pitfall to them later in life. If you find yourself digging deeper into the empty wallet there are ten steps that you can use as a crutch to help free yo... Read >

New Ethics Rules Mean Some CEOs Will Be Hunting for a New CPA

The relationship between a chief executive and his accountant is an extremely important one. An outside accountant can be one of your most trusted business advisors and a key to your success. That's one of the reasons why a new initiative by the Public Co... Read >

Preparing Your Business Plan

Introduction A business plan is a description of your business. To be complete your plan should describe: Your company and industry The product The market and marketing approac... Read >

Making Your Medical Deductions Count

April 15th is almost here and if you are owing tax it may pay to take a second look at that return to see if you claimed all medical deductions you are entitled to. Your diligence in keeping track of expenses will pay off. IRS Publication 502 has a comp... Read >

Recent Trends in the Venture Capital Community

Recently, I attended a Venture Capital Conference in which one of the speakers predicted we would see technology change in the next 15 years that would rival advancements similar to the past 100 years. That is a bold prediction, but as new technologies c... Read >

8 Rules of Building Wealth

1. Forget Performance; look at fees Remember that it's not what you make, it's what you keep. When evaluating an investment evaluate the cost to generate an investment return. If you are using an investment manager compare the performance of the invest... Read >

5 Steps to Becoming a Millionaire

In the year 2002, there were 17.1 million Millionaires in the U.S. By 2013, the number of millionaires will triple due to inheritance. For the rest of you, becoming a millionaire is within reach if you apply a 5 step plan involving the following areas: ... Read >

Ten Ideas to Enhance Cash Flow

Managing cash flow is what separates good companies from the truly successful ones. Indeed, your ability to monitor the cash flow of your business can be the vital difference between profit and loss. Here are 10 ideas to enhance cash flow: 1. Asse... Read >

Ten Tax Planning Ideas for Small Businesses

If you are a small business owner looking for cost cutting ideas here are ten tax planning ideas that may result in substantial tax savings. The following article highlights planning areas often missed by business owners. You should consult a qualified ... Read >

Successful Technology Outsourcing

The current economic climate, opportunities and round the clock service necessity requires most companies to outsource many technology projects to countries like India, China and eastern European countries. If you are a small software company, successful ... Read >

10 Ways to Increase Your Profitability

"Profitability is as dependent on cutting costs as it is on increasing sales." Profitability is as dependent on cutting costs at it is on increasing sales. As financial advisors, we are often called upon to assist management in reducing costs and findi... Read >