A number of states have passed tax credits for angel investors in an effort spur additional financing and new business formation for entrepreneurs. If early returns from a program in Minnesota are any indication, the tax credits may be a widespread success.
Continue reading “Angel investment tax credits generating strong interest” »

For an entrepreneur who has only recently taken steps to create a corporation, finding ways to attract new customers is critical to continued success. A new report from the Wharton business school at the University of Pennsylvania says that referral programs are a cost-effective marketing technique. Continue reading “Referral program effective for new businesses” »

Most small business owners are already aware of most of the tax deductions that they can earn after creating a corporation. But Bankrate.com‘s Marcia Passos Duffy says there are some less common ways to save money on taxes. Continue reading “Proper planning can reduce small business’ tax burden” »

Whenever an entrepreneur starts his or her own business, there is a certain amount of risk involved. But as Entrepreneur magazine contributor Karin Price Mueller writes, working to create a corporation for that small business can protect its owner and his or her assets should anything happen. Continue reading “An inexpensive incorporation can protect an entrepreneur” »

For an entrepreneur, part of the draw of working to create a corporation is being his or her own boss. A new study shows that this independent feeling also gives small business owners great satisfaction. Continue reading “Study: Small business formation creates happiness for owners” »