MoneyCapsules: An Artful Way To Talk About Money – Part 3

Tuesday, January 3rd, 2017

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By Jaimie M. Blackman, M.S.Ed., CWS

For those that have not had a chance to read parts one and two, here is a brief review. Organize: In the first part, I introduced a process that helps people organize their financial lives into seven issues of wealth I call “MoneyCapsules.” They are Values, Cash, Return, Tax, Risk, Time, and Giving.

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MoneyCapsules: An Artful Way To Talk About Money – Part 2

Thursday, November 3rd, 2016

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By Jaimie M. Blackman, M.S.Ed., CWS

Organize

In the first part of this piece (which ran in the August/September 2016 issue), I provided a framework to promote impactful conversations to overcome technical and emotional roadblocks when conducting effective money conversations. I use, and continue to use, music metaphors to sweeten the message. As an aid to making sound financial decisions, I introduced a process that helps people organize their financial lives into seven issues of wealth I call MoneyCapsules: Values, Cash, Return, Tax, Risk, Time, and Giving

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MoneyCapsules: An Artful Way to Talk about Money, pt. 1

Wednesday, August 24th, 2016

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By Jaimie M. Blackman, M.S.Ed., CWS

Welcome music retailers and MI suppliers to part one of a three-part series exploring the technical and emotional roadblocks for conducting effective money conversations, key to successfully building and selling your business.

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Building Your Succession-Planning Team

Monday, June 20th, 2016

Who Do You Need on Your Side when Selling the Business?

By Michael Raine

Jaimie Blackman of BH Wealth Management

Jaimie Blackman of BH Wealth Management

When should MI owners begin their succession planning? If you own a store and haven’t begun laying that groundwork, then you’re behind schedule. It doesn’t matter if you’re 32 or 62, succession planning should begin practically the moment you take ownership, according to Jaimie Blackman, a New York-based financial planner and president of BH Wealth Management, who is a former MI store owner himself. In fact, he can give you the precise moment this became apparent to him. (more…)

Improve Your Collections

Saturday, April 30th, 2016

What To Do When A Rental Customer Doesn’t Pay & Walks Away With Your Instrument

By Michael Raine

Sassi & Deverell

Every time a rental instrument goes out the door, your store is taking a risk. After all, you can’t run a credit check on every customer. (Well, you could, but it’s probably not worth it.) You trust that they’ll pay the rental fee and return that instrument. But we don’t live in a perfectly honest world and while it may be rare, every so often the money or the instrument disappear. It may even be an honest mistake, but if you’re trying to run a profitable business, you can’t just let it go. (more…)

The Snaps May Disappear, But Snapchat Won’t

Monday, February 22nd, 2016

By Michael Raine

snap-ghost-yellowYes, loyal reader, we did do an article on Instagram a few months ago. About a year too late if we’re being honest. But now there is a new kid on the block and this time we’re ahead of the curve. Snapchat is that weird, disappearing selfie app you see your kids, employees, and young customers using. It may also be one of the best tools you’ll have this year to engage fans in a lighthearted, entertaining way.

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