Monday, October 28, 2013

Your Shrinking Social Security Check After the Government Shutdown

government shutdown

Millions of Americans, who have inadequate or no income, rely on monthly Social Security payments to pay for their basic living needs.  When the government faced a shutdown, earlier in October, new applicants faced the reality of a delayed process.  According to a Providence Social Security Disability Attorney, more than half of all Social Security cases are denied due to a tough application process.  With the government shutdown, many hopeful applicants, in desperate need of assistance, feared that they may never receive the assistance when they needed it.  However, prospective applicants were not the only ones worrying about the fate of Social Security.  Active recipients of government benefits worried that their assistance would be delayed while the government fought to come to an agreement on federal spending.  Fortunately, Americans who receive Social Security continued to receive their month checks on time.  With the shutdown over, many questions are still left unanswered, including the amount of next year’s Social Security.

Wednesday, October 2, 2013

The Dot-Com Boom: Perils and Promise of Rapid Growth through Incorporation

The year was 2008 and a new startup called Groupon took the Web by storm.
Groupon’s introduction into the marketplace spawned countless copycats and by 2011 it had already raised more than $1 billion in funding. However, as quickly as it grew … it just as rapidly fell.
The rise and fall of Groupon is but one of the many instances of a business growing too quickly in this dot-com era. Rapid expansion without a firm revenue method has seen the demise of many exciting tech startups but troubles in profitability are but one element of the equation.

Rapid growth often leads to quick, brash decisions in areas such as: