Sunday, March 23, 2025
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What is a Backdoor Roth IRA, and Why is it Legal?

A Backdoor Roth IRA is a strategy that helps high-income earners receive the benefits of a Roth IRA, even if they exceed the income limits for contributing to a normal Roth IRA. Roth IRAs are …

The role of small businesses in building community identity

Walking downtown in any community across North Central Washington, you'll find more than just commerce – you'll discover the very heart of community identity. The independent bookstore where …

Why one marketing trick isn't enough: building a winning business strategy

As a small business owner, you're probably wearing many hats. You're the boss, the accountant, human resources, customer service, and yes, the marketing department. It's tempting to find one …

Community spirit drives growth and innovation in North Central Washington

This month's Wenatchee Business Journal showcases the powerful combination of compassion and innovation driving growth in North Central Washington. Our region isn't just expanding; it's evolving in …

Protecting your address is possible, but complicated

In the world of property privacy planning, it would be nice if a single solution existed to protect a person and his or her assets from the preying eyes of the rest of the world. Some seek privacy to …

What investors should know about dropping interest rates

On Wednesday, September 18, the Federal Reserve announced a pivotal decision to reduce interest rates by 50 basis points, or ½ of a percent. This move comes after rates had reached their …

The hidden power of B2B marketing - new levels of growth for NCW businesses

While consumer marketing often takes the spotlight, B2B marketing is the unsung hero driving innovation, efficiency, and collaboration among local businesses. For small and medium-sized enterprises …

The heartbeat of innovation in North Central Washington

As I reflect on the stories featured in this month's Wenatchee Business Journal, I'm struck by the vibrant pulse of innovation and community spirit that courses through North Central Washington. Our …

Why the 2024 Presidential Election shouldn’t dictate your investment decisions

As the election in November approaches, many are wondering how it will impact their IRAs and 401ks. Some prospective investors don’t want to act until they know who is going to take office. I …

The FTC, Washington State, and Non-Compete Agreements

On April 23 of this year, the Federal Trade Commission (FTC) issued a final rule banning non-compete agreements throughout the nation. In 2020, Washington State enacted its own prohibitions on …

North Central Washington’s Changing Real Estate Market

This year’s residential real estate season began with optimism, improving inventory as sellers grew more comfortable with current pricing. Buyers also re-entered the market after slow demand …

Labor Day Reflections

Today, as we observe Labor Day, we pause to reflect on the state of work in America and the evolving relationship between employers and employees. This holiday, born from the labor movement of the …

Fall marketing strategies: capitalize on autumn opportunities in NCW

When the long, hot (smokey) days of summer give way to crisp autumn air, business owners in North Central Washington face new opportunities. Fall brings unique challenges and possibilities, …

Bonds: A Wise Choice for a Diversified Portfolio

When interest rates go up, bond prices go down. I still remember my finance professor hammering that concept into my brain through endless repetition. Now, looking back, it makes more sense because …

Luxury home sales surge 120% in Chelan-Douglas counties, defying national trends

The Chelan-Douglas County real estate market is showing remarkable strength, particularly in luxury home sales. This local trend stands in stark contrast to national figures. According to the …

Cutting through the noise

Recently, I had an enlightening conversation with my son, who grew up surrounded by the world of news. His insightful questions highlighted the same concerns many of our readers have about the …

Is an installment sale preferable to all cash at closing?

Let’s assume you are ready to sell your business and you are reviewing two competing offers, both compelling in their own way. The first offer is for an all-cash payment at closing for $1M …

Debt: A burden worth avoiding

Most people don’t plan to go into debt. Unfortunately, many people don’t have a plan to stay out of debt either. As a result, debt often sneaks in through the allure of instant …

Preparing your home for sale to modern buyers

Selling your home involves more than simply taking some photos and listing it. To maximize your chances of a successful sale, it’s important to prepare your home BEFORE putting it on the …

The importance of marketing for non-profits

North Central Washington is abundant with philanthropic passion. The region's healthy non-profit sector brings vitality and a spirit of giving that the community can be truly proud of. From tackling …

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