What's Kenner French Thinking!

Entrepreneurs have it good and have it bad. People in many ways do not realize that the good far outweighs the bad - by a long shot. Listen to this podcast to learn more.

With the consistent year over year growth of data breaches, it’s becoming more important for successful businesses to develop a comprehensive Enterprise Risk Management (ERM) program that provides the capital and tools needed to mitigate the enormous cost of a breach. An effective ERM program can mitigate your data breach risk, address gaps in cyber insurance policies, and create a rainy day fund...

Entrepreneur

Do you want to get your tax questions answered by some leading tax experts for free, that’s free?  Again, free?  One extremely innovative way to do that is by joining the app Clubhouse that everyone is talking about.  Join Clubhouse for free and have your tax questions answered for free.  Not bad, huh? Clubhouse is a San Francisco-based social media app that was founded by Paul Davison and Rohan S...

Save tax money by starting an S Corp!

Many investors believe that all commercial real estate is too complicated for them. Another common belief is that you need a million dollars to get started. Neither is true. It’s possible to invest in commercial real estate with zero investing experience and an average salary. Commercial real estate can be a safer and easier investment than single family homes. Commercial real estate encompasses a...

With the consistent year over year growth of data breaches, it’s becoming more important for successful businesses to develop a comprehensive Enterprise Risk Management (ERM) program that provides the capital and tools needed to mitigate the enormous cost of a breach. An effective ERM program can mitigate your data breach risk, address gaps in cyber insurance policies, and create a rainy day fund...

As you consider the wide range of life insurance coverage available, you may wonder what type really fits your needs now, and what will suit your needs in the future. A good, first step is to ask yourself why you are buying insurance, and how it will fill your personal and family financial security requirements. Do you want insurance to cover a new home or mortgage? A college education? A business...

Many of us may perceive trusts as a complex subject better left to wealthy people. However, a trust is simply a contract initiated by a grantor who agrees to transfer assets to a beneficiary, who then receives the assets as stipulated in the trust contract. A trustee, who may also be the grantor, manages the trust assets and ensures the stipulated terms of the trust are faithfully executed.

You new to the 401(k) world? You need to brush up on your qualified plan terms? You simply interested in learning a bit about all the terms involved with 401(k)s and other qualified plans? If so, this article is for you. Otherwise, move on. It could put you to sleep :).

Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising deductions, which may help come tax time. Read on to learn more.

Even with the best intentions, filing taxes often becomes an event that is put off until the very last minute. Tax laws can be confusing, leaving many unsure of what they may deduct and how they should file. However, according to the Internal Revenue Service (IRS), the process can be simpler than you may think.

If I am going to San Francisco to Los Angeles without a plan I may end up in Las Vegas.  What happens if I need to be in LA for an important meeting? To see my son?  Maybe to go to Disneyland with my family?  I would miss out.  Without a plan there could be issues.  Same with retirement.  If I do not plan I may just miss out.  By missing out in retirement I may mean having to go back to work.

Small businesses owners should conduct an annual assessment of their personal finances. Owners of small businesses have much the same concerns as everyone else, except they are personally responsible for the fortunes of their enterprise. In a sense, a small business is like a family. And these are important families in American economic life. After all, small business is vital to the U.S. economy,...

Marketing is a challenge when the amount of money your business can afford to spend on advertising and public relations is limited. But with a bit of creativity you may find you do not need a big marketing budget to build your company’s reputation and spread the word about your products and services.

If an entrepreneur is not at least thinking about implementing artificial intelligence (AI) they will soon be looking to leave the entrepreneurial ranks soon. Implementing AI is almost as important as a business buying computers — it will be absolutely essential to a company’s success going forward. No doubt.

Here’s an overview of the four basic legal forms of ownership for small businesses: sole proprietorships, partnerships, corporations, and limited liability companies (LLCs). Sole Proprietorships The vast majority of small businesses start out as sole proprietorships. These firms are owned by one person, usually the individual who has day-to-day responsibility for running the business. Sole proprie...

A Brief Entrepreneurial Roadmap to Success Being an entrepreneur rules…but there are rules! Whether you’re planning to start a new business, trying to grow a fledgling business, or working to keep an already established enterprise competitive, your business plan is your “roadmap” toward success. And, since running a business is a little like embarking on a journey without a final destination, it m...

Get a Hobby, It Can Make You Rich …and save you taxes! Many people dream of turning their passionate pursuit into a money-making venture. Creating a successful and profitable business is seldom easy, but the Federal government offers tax incentives to business owners that could make converting an avocation into a business start-up an effective part of your overall tax planning strategy. If you are...

If I am going to San Francisco to Los Angeles without a plan I may end up in Las Vegas.  What happens if I need to be in LA for an important meeting?  To see my son?  Maybe to go to Disneyland with my family?  I would miss out.  Without a plan there could be issues.  Same with retirement.  If I do not plan I may just miss out.  By missing out in retirement I may mean having to go back to work. Pla...

Small business owners seeking to purchase or renovate commercial real estate may want to consider the U.S. Small Business Administration’s (SBA) 504 Loan Program. This program provides long-term, fixed-rate financing for small businesses to acquire fixed assets, such as real estate or equipment, for expansion or modernization.

You will learn in twenty years if you are needed any longer.  It is expected in year 2040 that a computer’s action will be indistinguishable from that of a human.  Think about that.  You could be emailing in the year 2040 and truly not know who or  what is on the other end.  Scary.

Since you never know when a disaster may strike causing severe damage and disruption to your business operations, it is important to expect the unexpected and manage your risks accordingly. For that reason, business insurance should be factored into your regular cost of doing business. Generally, the best way to protect yourself and your business against the unforeseen is to prepare before an inci...

Life Stages and Investment Management Investment management is determined by age! On the way to developing and maintaining your financial well-being, the ability to successfully manage your personal finances will play an important role. A solid financial strategy can help you build a more financially secure future for your family. To start, it is important to have an emergency fund in a separate s...

Here is just a little sampling... 1.  People often have twice the credit they actually need. Avoid temptation by never charging more than 50% of your total credit limit. 2. Join your company’s retirement plan and try to contribute as much as you can, especially when the contribution is made from before-tax earnings. 3. Can you imagine your heirs receiving only half of your hard-earned assets? That...