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Definition of Subsidiary A subsidiary is a company that is controlled by another company, often referred to as the parent company. The parent usually owns more than 50% of the subsidiary’s voting stock, giving it control over business operations and decision-making. Put simply: a subsidiary is a business “child” owned by a business “parent.”

Definition of Spin-off A spin-off is a type of corporate action where a company creates a new, independent business by separating part of its operations, assets, or divisions into a new entity. The shareholders of the parent company typically receive shares in the new company on a pro-rata basis.

In financial and business terms, an acquisition usually refers to one company buying another. When Company A acquires Company B, it means A now owns B — its assets, customers, operations, and all the headaches that come with it. But zoom out a bit: acquisitions aren’t just for Fortune 500 CEOs. Regular people like you and me can use this concept in powerful ways.

Definition of Joint Venture A Joint Venture is a business arrangement where two or more parties agree to pool their resources for a specific task, project, or business activity. Each party contributes assets and shares profits, losses, and control, but they stay independent outside of the JV.

Definition of Franchise At its core, a franchise is a business model where one party (the franchisor) grants another party (the franchisee) the rights to use its brand name, business processes, and proven systems to sell a product or service. In exchange, the franchisee typically pays an initial fee and ongoing royalties to the franchisor. It’s like buying a “business in a box.” You get a recognizable brand, a tried-and-true operating playbook, and often ongoing support...

Your estate is everything you own at the time of your death—your money, property, investments, life insurance (sometimes), personal belongings, and even your debts.

Andy Stanley drives home: you arrive where the road you’re on takes you—regardless of where you hoped to end up. If your financial choices today aren’t aligned with where you say you want to be, it’s time for a U-turn. Or at least a pit stop to ask for directions ... You can intend to head to Wealthville, but if you’re driving toward Brokesville every month, guess what? You're going to arrive right on time—with empty pockets and a flat spare.

If you're financially savvy, disciplined, and playing the long game, here's a 4-step credit strategy that’s less about spending and more about positioning yourself for financial leverage.

The poor and middle class often struggle not just because of external forces but because they lack the knowledge to effectively manage and grow their wealth. The solution? Learning to Speak the Language of Money ...

Investing on autopilot removes the guesswork and emotional decision-making that causes many investors to lose money.

The richest people in the world follow structured, repeatable systems that ensure their money works for them 24/7.

Over the next decade, several major shifts are set to change the financial landscape.

By cutting out excess and focusing on what truly matters, you can save more, invest wisely, and create a life of financial freedom.

The FIRE Movement is made up of people who aim to gain control over their finances, escape the rat race, and retire decades earlier than 65.

When you invest in an index fund, you’re essentially buying tiny pieces of all the companies in that index.

An HSA is a special savings account designed to help you set aside money for qualified medical expenses.

Starting early with your retirement planning is the smartest financial move you can make. Time is your friend when building wealth.

In this post, we’ll explore how Darren Hardy’s wisdom applies directly to building wealth. Financial success is about transforming yourself.

Money plays a much bigger role in our happiness than some would like to admit... it influences our quality of life and more!

Due diligence is all about doing your homework before making a financial decision. Think of it as a deep dive into the details.