The best new business ideas for 2016 were a motley, yet organized group that focused on the boomer generation retiring and how the products and services of 2016 would need to fulfill this large demographic group’s needs. Because of this trend, many of the best new business ideas for 2017 are similar in nature to … [Read more…]
When someone wins the lottery, this person is likely to gain an instantaneous boost in friends. Yet, clearly, those who have come to this winner, are attracted to the money rather than the person, and for those who crave friendship, such a boon might also prove to be a pitfall. In Think and Grow Rich, … [Read more…]
It would be hard to find many people who don’t use some kind of a franchise. Grabbing a meal at a fast food restaurant is pretty commonplace for many people. It is estimated that franchising is responsible for about 1/3 of all retail sales in the United States with a continuing increase in restaurants. There … [Read more…]
The top 20 venture firms in the industry are well-funded and can go through 2015 or 2016 without a liquidity event – in which a company they’ve invested in either is acquired or goes public and the VC firm gets a return on its investment – but for smaller firms, “it’s a no man’s land,” … [Read more…]
Where can one go to get the start-up financing needed to get a new small business off the ground? This article takes a brief look at several, more traditional funding alternatives. Though these financing options come with many requirements and have a longer approval processes, they generally come with benefits, such as access to larger … [Read more…]
There are many reasons why a person would want to invest in business acquisition financing. Actually, proper financing is usually required. Investing in a business of your own or becoming a partner in another is an undertaking that is costly and even daunting. Through careful business acquisition financing, even the average business person can expand … [Read more…]
Oftentimes earning a new client or specific sale means developing a business networking relationship – whether it is from a long-term customer or a fresh-faced newbie to your business. Either way, business networking provides your organization with the opportunity to expand your contacts, thereby increasing your chances for making a sale. Having said that, attending … [Read more…]
It happens to even the most experienced of entrepreneurs: a cash crunch. Perhaps you failed to work out your break-even analysis, or maybe oil prices took a huge jump again. No matter what the reason, you need money, and now. Here are five quick tips to get you what you need right away, without too … [Read more…]
Do you find that most of your time working on your small business is focused on the immediate issues, such as putting out fires or catching up with work that somehow was missed but must be accomplished NOW? The problem, in a nutshell is this: you are focusing too much on the commonplace, daily items … [Read more…]
Entrepreneurs who give business gifts are not unusual, although they are decreasing in numbers, according to a recent survey undertaken by American Express. Yet many entrepreneurs still find the costs of a business gift far outweigh the hassle and effects on their bottom line. But what will the IRS let you expense as a business … [Read more…]