IE Business Daily Business news for the Inland Empire.
By Ryan Kincer Technology has become a prominent and indispensable part of everyday life for every business large and small. As technology continues to advance, so has the proliferation of cybercrime which is estimated to hit $6 trillion in damage costs annually by 2021. Cybersecurity is the term used to …
Read More »A Splendid Little Trade War
By John Tulac Teddy Roosevelt referred to the Spanish American War of 1898 as a splendid little war. It didn’t last long and it didn’t kill a whole lot of people. It created the American Empire, even though the United States never considered its new holdings colonies or part of …
Read More »How to Estimate Startup Funding Costs
By Eugene E. Valdez AKA The Loan Doctor As a business loan consultant one of the most common questions I am asked by my CEO clients is “How do I determine how much money I need to start a business?” It is well documented that one of the principal reasons …
Read More »Providing Solutions?
By Tim Kolacz As we are moving into March, most businesses are humming right along with their business plan that they created in November of last year (or about a week ago) and are working away at the goals that they set. These could be sales goals, education goals, or …
Read More »The Infamous “30 Day Cleanup” Bank Line of Credit Requirement
By Eugene E. Valdez AKA The Loan Doctor In all of the years that I was in commercial banking and there were many (30 years to be exact) one of the dumbest loan conditions I had to impose was that of the “30 day cleanup” with regards to a revolving …
Read More »Better Than Tariffs, Better Than Sanctions, Better Than Sex On The Beach
By John W. Tulac OK, so two out of three isn’t bad. Let’s talk about free trade. Real free trade. Not protectionism, not mercantilism, not fair trade, not a level playing field, but real open borders to foreign goods and capital. Let’s remember basic economics. Last week, trade data showed …
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