Lendio

If you’ve ever established a business, you know the government produces about as much legalese as you can read in a dozen lifetimes. Amidst all the confusion, there are actually quite a few wacky definitions, laws, and court rulings that have been applied to small businesses over the years. For example, in Arizona, according to [...]

The use of Square for processing credit cards is huge these days. I barely knew about the device a few months ago (okay, I admit I’m a bit behind), but now, I see it in small businesses everywhere. It’s amazing that a little box the size of a dove chocolate could change how small businesses [...]

A recent study conducted by the Federal Trade Commission shows that “as many as 42 million Americans have errors on their credit reports.” As this is roughly 14% of the population, I’d say this is a big deal. The credit bureaus defend these stats by saying that only 10 million of the reports have errors [...]

I once worked for a small retail store where the employees had no trust in the customers. The owner told us to watch the sales floor like hawks, making sure customers didn’t steal anything. Many employees were zealous soldiers of this policy. They stalked people around corners, peeked out from the back room, and incessantly [...]

Most people agree that running a business is hard. In my mind, the only thing more difficult is running a business in a rural town. For one, it seems a lot harder to “make it big.” Just the types of business pursuits available to a rural entrepreneur are slimmer. From what I’ve seen, many rural [...]

Bees have long been a symbol of productivity and togetherness. When the early pioneers settled Utah, they put the beehive on their state flag to represent the hard work and dedication it took to build that part of the West. Today, in business, the beehive often serves as a metaphor for efficiency and teamwork. But, [...]

Earlier this year, my parents went house hunting for a quiet place to retire, away from the big city. On the edge of the most remote desert in the lower 48, in Escalante UT (population 850), the perfect choice was an old 1940s house that had been abandoned for who-knows-how-long. My parents started the loan [...]

In a lot of the things I do, I like to be a perfectionist. However, this can make me unproductive sometimes. I can be such a perfectionist that I won’t even do something unless I know it can be done without error. If my friends want to hear me play a song on the piano, [...]

Rock climbing is one of my favorite things to do. It’s hard work, painful, and dangerous, but I thrive on overlooking the earth from hundreds of feet above the ground with nothing but my hands holding granite or sandstone spires. Like rock climbing, running a business can be hard, painful, and dangerous. For most people, [...]

The word “innovation” is fired off so many times that I wonder if people know what it really means. An idea can be creative, but I think true innovation starts with an innovative person. It starts with someone who thinks outside of the norm. In a recent edition of Entrepreneur magazine, a series of articles [...]