Consulting

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Leveraging Capital Structures

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A capital structure refers to the way a corporation organizes its finances to maximize growth. A corporation’s capital structure will involve the strategic use of funds to maximize profits and minimize debt. The overall goal is establishing a financially safe, or at least comfortable, balance between debt and equity. Leveraging different capital structures allows a business to establish its value and determine the best source of primary funds…

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Are You Setting the Right Venue Rental Rates?

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Pricing yourself competitively is tough for most business owners, especially when you’re in the event venue business. When you set your prices, you need to include everything that a client will receive, both leading up to their event and on the day itself. In other words, you have to charge what your business is worth. That includes your expertise as an event manager, as well as all your venue’s extras like seating and catering…

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6 Creative Ways to Generate Revenue for Your Event Venue

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Managing an event venue is equal parts rewarding and stressful. Every event has its own unique set of challenges, but the smiles on the faces of your guests at the end of the day make it well worth the stress. But what happens in the off-season when the events are few and far between…

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Accounting Tips for Mobile Businesses

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When your business is literally on wheels, there are certain accounting quirks you need to be prepared to handle. From tracking your assets to keeping up on your sales tax requirements, maintaining detailed financial records is the key to your success…

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What's Different about Starting a Mobile Business?

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Mobile businesses like boutiques and food trucks are more popular than ever. And that makes sense. With traditional brick-and-mortar locations struggling to reinvent themselves while losing business to eCommerce sites, it makes sense that a new type of experience would emerge…..

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How Taxes Affect Your Student Loan Payments

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There’s nothing fun about paying student loans until you finally get to that zero balance. Depending on the terms of your loan, you’re likely making high payments each month with interest rates anywhere from 4%-7% or higher applied…

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Financial Aid, Student Loans, and Cash: How Should You Pay for College?

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Paying for college is a source of confusion and anxiety for parents and students alike. Sticker shock is common when shopping for tuition rates among selected schools. Add the price of books, housing, and meals on top of tuition, and the total amount due is likely to increase at least 50%…

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5 Risks of Running an Event Venue

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Understanding the risks involved in running an event venue business is an important part of planning for success. An event venue can bring in thousands of dollars in rental fees for an owner who enjoys serving their clients’ needs, but event venues are also characterized by high overhead and operating expenses…

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Starting a Venue Rental Business in 6 Steps

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The beginning of any new business is an exciting time filled with checklists, research, and fulfilling long-time goals. It’s also a time of uncertainty when guidance can be the biggest asset of all. You’ll be balancing start-up anxieties with the excitement of reach major business milestones…