How to know if a business is legitimate
Just being in business, having a receptionist answer the phone and some comfy chairs in the lobby is not enough. How can you tell if a company you are doing business with is the real deal, or a fly by night sham. Our tips help you minimize your risk.
6 sure ways of attracting clients to your new business
Are you a new business owner? One of the main questions new business owners ask themselves is “how do I get clients?” Here are some suggestions to get you going…
The Small Business Watchdog
The Office of Advocacy of the US Small Business Administration has launched a new blog focusing on regulatory issues, small business research, state regulatory activity called the The Small Business Watchdog. In their own words, the Office of Advocacy “examines the role and status of small business in the economy and independently represents the views …
Entrepreneurs are Ridiculously Optimistic
“There’s just something about entrepreneurs” opened today’s segment called Entrepreneurs Take Risks Despite Downturn on NPR (listen here). Tamara Keith reports that entrepreneurs “are ridiculously optimistic people, they see opportunity where others see pain, and they believe their business idea is awesome; better than the rest.” Recently we’ve all seen the big companies blow up …
Small is the New Big – and its here to stay
We hear all the time about the power of small businesses in the economy, we hear that despite the failures of wall street it’s Main Street that matters. The statistics bear it out, Small firms employed just over half of the private sector work force and generated more than half of nonfarm private gross domestic …
YES, it is a good idea to start a business in this economy!
In spite of the liquidity freeze and market scare we hear on TV, one thing we need to remember that small businesses are still the foundation of the US Economy. Here are some facts (source SBA Office of Advocacy): Small businesses make up more than 99% of all employers Small businesses create more than 50% …
Oranges and Lemons
There is an old business school lesson about two young entrepreneurs who buy oranges in Florida for $12 per case, transport them to New York and sell them for $10 per case. After they examine their finances they quickly realize that they cannot sustain this business pattern. They conclude they need a bigger truck. Most …
