When an entrepreneur comes up with an idea for a new company, the next step in business formation is coming up with a name for it. But Entrepreneur magazine reports that coming up with a solid name can be a complicated process.
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.
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.
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.
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.
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.
A teacher at the University of Pennsylvania is working to create a wide-reaching business incubation program to “create an ecosystem for education,” which would encourage entrepreneurs to create a corporation focused on improving education, the Associated Press reports.
Small businesses usually start with a solid product idea. But proper branding will help the company stick around long after it launches.