While the corporate world continues to struggle, it seems many out of work Americans are finding their own solutions for success in the face of recession. According to Poder 360, the percentage of unemployed people who are taking on business formations has been steadily increasing over the past couple of years.
Transportation service provider YRC Worldwide recently announced that its stockholders have approved an amended certificate of incorporation owners proposed. The amendments will increase the amount of shares of common stock, thereby reducing the value of each shareholder’s ownership of the company.
Recently, the administration announced that it will provide more than $30 billion to banking institutions to offer loans to small businesses nationwide. This includes an increase in allocations for microloans specifically for entrepreneurs undergoing business formation.
For politically-minded entrepreneurs, it may be good news that all business types will soon be able to advocate politicians and express political opinions. The Supreme Court recently lifted a long existing ban on corporate free speech, reports the Lompoc Record.
Many entrepreneurs who have recently undergone business formation find they still need to tweak their business model as they come to understand why clients do business with their company. Business owners might benefit from some tips on how to effectively bring their products to market that marketer Sean Ellis recently shared with Venture Hacks.
It seems that governments are starting to get savvy about how to increase entrepreneurial activities for the public good. According to Forbes, New York officials are leading the way with efforts to increase business formation in the state.
For entrepreneurs who are considering business formation, the idea of starting a company and finding good employees might be nerve-wracking. Luckily, Venture Hacks advocates the Elad Blog’s tactical tips startup business owners can use to find workers.
A solid business plan is a critical first step to getting a start up off of the ground. For all business types, founders need to have an outline of how to raise money, recruit managers and effectively market a company in order to gain funders.