How to Be a Young Entrepreneur: 4 Tips for Kids
Attention kids (and teens)! Do you have an amazing small business idea? Maybe it’s time to think about starting a home-based business. Contrary to what some people may tell you, anyone can be a young businessman or businesswoman. However, running your own business is a challenge at any age, and not everyone enjoys it. Owning a business is a lifestyle choice, and if you decide to do it, you need to be prepared for everything. If you’re determined and willing to work, you can do it! Grab a parent and keep reading to learn NerdWallet’s top four tips to help make your business a success.
1. Create a business plan
A great idea is only the beginning. To make money, you’ll need a solid business plan. For example, if you’re starting a knitting business, you have to write out a plan describing how you plan to sell your scarves and hats. You need
UPDATE 2-California cities to remain ‘fiscally challenged’ -Moody’s
May 14 Many California cities will remain fiscally challenged over the next few years due to limits on raising revenues and demands for pensions and other spending, Moody’s Investors Service said on Tuesday.
The agency said it downgraded the ratings on 27 cities’ obligations and upgraded the general obligation ratings of two cities San Francisco and Los Angeles after reviewing all of the 95 California cities it assesses.
The review was inspired by the bankruptcy filings of Stockton and San Bernardino, California, to understand the risk of future bankruptcy filings and the cities’ current budget conditions, Moody’s said.
California stunned the $3.7 trillion municipal bond market last year with three bankruptcy filings.
Mass uprising against Jetstar credit card surcharges.
Article by Kevin Boyle
Just weeks after the ban on excessive credit card surcharges, 35,000 Australians have signed a petition calling for an end to Jetstar’s $8.50 credit card surcharge, the largest consumer petition ever for change.org according their official media release.
Outlandish credit card surcharges were officially banned on the 18 March in Australia, with a new rule that retailers are no longer allowed to charge consumers excessive surcharge amounts for making purchases on their credit cards. And it was reported just this week on the looming showdown between retailers, who are taking the new rules as a meaningless threat, against credit card merchants and the RBA who are keen to play consumer advocate.
Infographic: Percent of On-Time Payments by Credit Score
Last week, Credit Karma kicked off its weekly infographic series to help educate consumers about the factors influencing their credit score in a fun, visual way. This week, we take a look at the percentage of on-time payments within the different credit score ranges. Scroll down to check it out!
Celebrate Earth Day – Go Green With Your Checking Account
There are countless ways to celebrate Earth Day and help support the environment in 2013. There may even be ways to go green when it comes to your personal finances. Many banks and credit unions offer online banking services for checking accounts, such as e-statements and online bill pay, which reduce needless paper waste and make your banking experience more convenient at the same time.
Since banks also stand to gain from these activities, you may be able to save on fees or earn extra benefits at the same time.
UPDATE 1-Alitalia picks Ducati head as new CEO
Italian motorcycle maker Ducati’s chief executive, Gabriele del Torchio, has been recruited to lead struggling Italian airline Alitalia back to profitability.
Alitalia said on Thursday Del Torchio, seen as a turnaround specialist, has been assigned all operational responsibilities.
He will replace Andrea Ragnetti, who quit after only a year in the job in February after the struggling airline company posted a 2012 net loss of 280 million euros which had deepened from 69 million euros in 2011.
Ducati has replaced Del Torchio with Claudio Domenicali, who has spent 21 years at the motorcycle maker, most recently as its director general.
Ducati was bought by Volkswagen’s division Audi last year.
Vertis Holdings files third bankruptcy petition in four years
For the third time since 2008, Vertis Holdings Inc. has filed for bankruptcy. This time, the company has asked the bankruptcy court to supervise as it sells itself to Quad/Graphics Inc.
Vertis Holdings, an advertising insert creator, has agreed to auction itself to the lead bidder, Wisconsin-based Quad/Graphics, for the offer of $258.5 million. According to court papers filed in the U.S. Bankruptcy Court in Wilmington, Delaware, Vertis Holdings listed $700 million in debt in their second bankruptcy, which was filed in 2010.
The company will borrow $150 million in order to continue its operations until it is auctioned. Quad/Graphics Inc.