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Browse every published article connected to Lisa Moren Bromma, with exact attribution and full-archive search.
Articles
Browse every published article connected to Lisa Moren Bromma, or search within this exact expert archive.
The Golden Age. Do you see yourself traveling the world or starting a new business? How about puttering around in your garden or going back to school? Whatever your dreams or ideas are, do you have the financial cushion to do it? If you’ve been putting 10% of your paycheck into a 401(k) for the ...
A good sales person knows how to negotiate. But do they go too far when trying to get more money out of their company that offers them job security and already a salary most sales people would line up for, especially in this down market? After all, most of us are watching our dollars and cannot ...
Emily is a professional woman with an active business and is a very busy person. So busy in fact, she depends on her financial advisor to invest her hard-ea ed retirement savings with the hopes of compound wealth with safe, secure investments. Emily is lucky. So far, she has not lost a dime through her financial advisor. However, not everyone is so lucky. On February 21, New Jersey’s Courier Post, published a front page story about a recently-deceased financial planner, who had clients that are now missing money. The amount is currently at $5 million, and growing.
Do you think is it too soon to begin planning for the tax changes in 2010 or think about how it will impact your retirement account? Absolutely not. “Now is the time to start to plan to take advantage of future tax-free funds”, says Hubert Bromma, CEO of the Entrust Group, the nation’s largest administrator of self-directed retirement plans. The financial darling of 2010 will be the ROTH IRA. Roth’s have been available since 1998. Unlike a traditional IRA where you pay tax on your distributions, a ROTH IRA is tax-free.
Does your team or your prospects feel a lack of trust or confidence in your message or in your customer service? As with any relationship, a lack of trust in a business relationship is a big deal. It can undermine all of your hard work; costing you time, money, and loyalty. So how do you build trust in your business relationships? 1. Make sure you are consistent in your leadership. No matter where you go in the world, McDonald’s delivers the same burger. Your goal should always to be consistent in all of your business dealings, from employees to customers. 2.
Welcome to 2010. Experts expect this to be the year of the real estate investor, especially in Commercial real estate where big hits are due to get even bigger. So what is your investment strategy this year? Here are my top 5 basic real estate tips if you are planning are dipping your toes in the market. 1. Have a plan. Know what type of real estate you want to buy, why, and know your investment objective. Income, cash flow, appreciation, or tax benefits. 2. Make sure you have an emergency cash reserve. Do not plan on letting just your investments pay for your life.
Even with the economy as it stands today, a good number of the recently unemployed are trying their hand at their own businesses. Many professionals, unable to land that "dream job" or simply frustrated with the lack of well-paying jobs available are taking the leap, embracing the "I've got nothing to lose" philosophy and striking out on their own. If you are considering starting your own business, you're in luck! There are plenty of resources available to help you. 1. Contact the local chapter of SCORE(http://www.score.org/index.html.
Don’t let the panic of Wall Street and the uncertainty of the economy stop you from saving and investing with your IRA or 401(k). Like real estate, which is expected to show some signs of rebounding toward year end, the market will eventually rise. Yes, it may be awhile and no one has a crystal ...
As women professionals and business owners, every one of us should be working off of a business plan. To me, this is a workable, upgradeable document that explains in some detail your plans to develop a financially successful business. This is important for two reasons: 1. Preparing a business ...
Congratulations on being a successful business woman. Or are you? How you think about yourself is how you project yourself to others. You can transform yourself and your business by seeing yourself as a leader. Here are a few ideas to help you develop that persona. 1. Start small. Be a role ...
Professionals constantly debate whether it is better to expand their marketing or expand their sales efforts in order to grow their business. I am constantly asked which one of these methods—marketing or sales—is more important. Like all professionals, I have debated this issue myself. Items ...
The internet and social networking has allowed the professional business owner the ability to market their business with little financial costs to them. The reality of social media such as Twitter, Facebook and MySpace has changed the frontier from the wired world to the main world.
We as business owners or professionals know that time is our most precious commodity. That’s why some of us are choosing not to spend time on the less rewarding details of life, like picking up the dry cleaning. I have contemplated hiring a personal assistant for my personal life for some time. ...
The financial gurus tell us we should save 10% of our annual income in order to have enough cash to last through our retirement. Most of us are not in a position to save this kind of money due to the rising cost of everyday living. Just look at the gas pump! Some of us might feel we don’t have ...
I just spent Mother’s Day with two retirees: my mother and my daughter-in-law’s mother. My mother is fortunate. Her husband left her in a satisfactory position financially. Although she still worries whether she’ll have enough money as the years go by for expenses like prescription drugs, ...