Another option for Internet crowd funding

With the passing of the JOBS Act of 2012, small businesses will have greater access to capital through Internet crowd funding. The basic concept is to raise money via an online funding portal through small contributions from a large number of people that wish to support the dreams and efforts of others.

Last week, we discussed two Internet crowd funding models – "All or Nothing" or "Keep it All." Another category includes raising funds for business ventures by either giving up some level of equity in the venture or by obtaining interest bearing loans.

How much life insurance do you need?

In a recent study, 40 percent of consumers responded that they don't have enough life insurance to meet their families' long-term needs.This concern raises an obvious question: How much life insurance is enough? What might be appropriate for a family with two young children and a stay-at-home spouse could be significantly different from the needs of a working couple whose children are grown.

How to raise capital via Internet crowd funding

(Last week we discussed 'Shark Tank' and the televised opportunity to request funding from shrewd venture capitalists. But there are even more creative ways to raise much needed money.)

Earlier this year, the JOBS (Jumpstart Our Business Startups) Act of 2012 was signed into law to increase the delivery of capital to smaller entities, creating more jobs. It was the fruit of a rare bipartisan effort linking the House, Senate and President Obama.

Nielsen VP touts research value to business owners

Cheryl Pearson-McNeil, Nielsen's senior vice president for Communications, can be a reference or a resource in just about any conversation that involves trends.

With more than 21 years of public relations, communications and writing experience, Pearson-McNeil's background includes advertising, television, public affairs, the non-profit sector and government. In a world where most everything can be measured by television time, time spent online and what we buy, she is an information treasure.

A ‘Shark Tank’ lesson: Ask for help when needed

A few months ago, I had a discussion with a few associates over coffee. The topic of the conversation was a television show called "Shark Tank." I had watched it a few times and thought that it was intriguing. My associates found it captivating.

The premise of the show is a business owner bringing a product or service to a panel of professionals in the hopes of receiving an investment of money and expertise. It's called "Shark Tank" because the investors are just that, sharks.

What is your retirement vision?

Wouldn't it be disappointing to dream about a comfortable retirement and then find yourself unable to enjoy your leisure years because of limited financial resources? Unfortunately, this is a possibility for people who underestimate retirement expenses and the rising cost of living.

3 women’s groups to host The Corporate Agent

"When Great Women Gather, Great Things Can Happen..." is the impetus of an Educational Seminar, Exhibition and Luncheon that will take place Sept. 12 at the Holiday Inn at the University of Memphis, 3700 Central Ave.

Felecia Bean and family cater to please

Recently, I was fortunate to serve as legal counsel for a movie called "N-Secure" that was filmed in Memphis. Daily on the set, breakfast, lunch, dinner and snacks were provided to the crew courtesy of Felecia Bean Catering. And it was wonderful!

Omelets prepared on demand, fresh seasoned fruit – the choices were incredible. As a full-service caterer, Bean can do it all.

The benefits of giving

A recent study using data from 136 countries suggests that spending money for the benefit of others promotes a feeling of happiness in the giver. This may not be surprising to the many people who donate to charity. Almost three-fourths of charitable giving in the United States comes from individuals.

Charitable contributions could also help ease your tax burden; therefore, it's important to keep appropriate records and follow IRS guidelines.

$11 million FDIC settlement to benefit 60,000 college students

by Charlene Crowell
Special to The New Tri-State Defender

As millions of college students return to campus, a recent settlement by the Federal Deposit Insurance Corporation (FDIC) may become a financial blessing to students and their parents. An estimated 60,000 students are expected to share $11 million in restitution from two financial firms – Higher One Holdings, Inc. and Bancorp Bank.

2012 Economic Development Forum has healthcare emphasis

"Minority" businesses looking for growth opportunities need look no further than the healthcare industry, where – according to the U.S. Department of Labor – you will find 13 of the nation's 20 fastest-growing jobs. And they are among the best paying jobs in the country.

That scenario helps explain the healthcare emphasis that the Mid-South Minority Business Council Continuum (MMBC) has built into the 2012 Economic Development Forum set for Aug. 27-29 at the Memphis Cook Convention Center.

Husband & wife = Eskridge Law Firm

The challenges of working together as husband and wife have been conquered by Reginald and Janelle Eskridge of the Eskridge Law Firm. The Eskridges have successfully balanced home and work for over 20 years, providing their clients with professionalism, dedication and experience. Here they share their blueprint for success.

Carlee McCullough, Esq.: Tell us a little bit about the Eskridges.

Reginald Eskridge: We are husband and wife law firm.