Helping Entrepreneurs through the Recovery; Wealth ManageMent

Western Mail (Cardiff, Wales), August 25, 2010 | Go to article overview

Helping Entrepreneurs through the Recovery; Wealth ManageMent


Entrepreneurs are still nervous of the economic conditions. They realise that the strong temptation to capture market share while competitors are fainting and failing about them must be moderated by the continuing constraints on human capital and working capital within their business.

Post-recession recovery holds as many dangers for entrepreneurs as recession itself. However, the past 18 months have changed their personal wealth strategy in a number of ways. It reminds them that exit strategies are fragile, and that injecting every penny of their personal wealth into a business may not be the wisest move.

Furthermore, I have found entrepreneurs much more willing to consider utilising spare cash balances across the wealth management spectrum, investing in balanced portfolios and hedge funds, as well as investment property (buy-to-let), business angel investing and more esoteric investment opportunities. This is driven by three themes: the poor cash rates available, the sense that markets are a reasonable medium-term bet, and a desire to diversify their personal wealth.

They are bored with having deposits sitting with five to 10 retail banks - and irritated that they had to undertake such a time-wasting endeavour. They are looking to consolidate and are in search of someone they trust.

Three particular themes seem evident. Entrepreneurs have been reminded of the mortality of enterprise and are therefore more willing to spend some of their precious time thinking how they protect their family. Updating wills, thinking about business protection and personal insurance, considering how they might build a pension pot for their spouse (through employing them in the business) and inheritance tax planning have moved higher up their agenda. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Helping Entrepreneurs through the Recovery; Wealth ManageMent
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.