Monthly Archives: December 2010

What if the NFL Offered Your Business a Contract?

Who says that business ownership isn’t full of ups and downs? Just ask Joanne Ingle, owner of U Tag It, small business in operation for five years who sell luggage tags with imprinted logos. Joanne believed that her business was about to take off when she landed a contract with the National Football League. She [...]

Company Success from Meeting Goals with Investors

An idea for letting students use their college IDs for purchases off campus as well as on campus is now a billion dollar company. But the co-founders of HigherOne put in ten years of work in order to succeed. They had to convince schools and investors to accept a change in how students receive and [...]

Saving Taxes by Incorporating

If your New Year’s resolution is minimizing business expenses, look no further than the cost of taxes. Visualizing the tax savings available for an incorporated business begins with an examination of the tax costs from not incorporating. In fact, the tax burden on an unincorporated independent contractor is significant.

Small Business Health Insurance Is a Must

Too many people believe that because health insurance is expensive, it’s a luxury. This is not just a misconception, it’s a mindset that could doom your business before it gets off the ground.

Pricing a Company for Angel Investment

When a new venture is raising money from angel investors, a real deal killer is getting hung up on pricing. Entrepreneurs want to attain the highest price for shares of their corporation. That is, they want the least dilution of their ownership. But price should not become a significant factor in arranging investor funding.

Want to Succeed? Borrow Somebody’s Ideas!

If you have a dream for the perfect business, don’t jump in just yet. There are a lot of reasons why it might be better to shelf your small business idea and copy somebody else’s instead.

Starting a Small Business in a Down Economy

Are you a recent college graduate not sure where to go next or a recent victim of a company layoff? Many are finding a challenging job market and because of that, waving off the traditional income model in favor of starting their own small business.

One Entrepreneur’s Journey to Multiple Angel Investors

Like getting a date for New Year’s Eve, raising funds from angel investors may require making a move on multiple candidates. One entrepreneur turned the journey of seeking capital into a basic component of his job description. He’s the founder of LearnBoost, a free online grade book and classroom management tool for teachers.

From Employee to Entrepreneur – The Case of Penny Haynes.

Transitioning from employee to entrepreneur is scary for most and for people like Penny Haynes, who started her own business after her company downsized, she was pushed in to her dream of being in charge of her own career life.

What Angel Investors Think Before Meeting You

When you pitch your company to an angel investor, you already know that the experienced are more likely to invest. So you’ll want to remember that experienced investors also are inclined to prejudice about entrepreneurs. Having dealt with so many new corporations, the angels are simply conditioned to expect certain behavior. If you make sure [...]