Many startup businesses fail. A key reason for failure is the lack of working and investment capital. How much capital do you need to start a business and where and how does the startup entrepreneur obtain funds to start a business?

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Last year, Meredith Corporation acquired Time Inc., the publisher of People, Time, Fortune, and many other magazines. The purchase price was $2.8 billion. The expectation was that this acquisition would bring substantial profits to Meredith. This has not been the case.

 

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Cryptocurrency investing is both “cool’ and "hot.". It is a type of digital asset that is traded online. There have been wide fluctuations in value, and this means it is an attractive investment for traders and other investors. But did you know that a transaction with cryptocurrency (Bitcoin for example) may result in a taxable income? Let’s say you purchased 10,000 units of Bitcoin for $20,000. If the Bitcoin appreciates and you purchase a $40,000 yacht with 5,000 units of Bitcoin you would have a taxable income of $30,000.

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