Startup entrepreneurs should not be frightened by the frequently conveyed statistic that half of all businesses fail within five years. Although the figure is true, it is an average of all industries. In addition, the number is a nationwide average. Business survival rates vary widely across different industries and geographical regions.
The huge increase in use of Twitter as a communications tool has spawned a striking number of startups developing applications for Twitter. Several of these new companies are funded by angel investors and a few venture capital firms. As of the middle of 2010, eleven Twitter-related startups had obtained $23,270,000. Twitter itself was formed a […]
Maybe, says a team of researchers from Case Western Reserve University. The study of genetics has revolutionized the medial field finding genetic markers that makes us more or less susceptible to certain diseases and ailments but could an entrepreneurship gene really exist?
An investment by Nashville Capital Network has led a company to move from New Jersey to Tennessee. Six individual investors in the angel group participated in the Series A funding received by Armor Concepts. The company’s operations involve manufacturing and distributing home security doorframes that protect against break-ins.
Achieving success doesn’t always require being a big company in a popular industry. Many small businesses succeed by simply tapping into a growing economic sector as a supplier or provider of outsourced services.
In a recently released survey conducted by the Kauffman Foundation, financial bloggers believe that the economy presents a challenging business environment but that shouldn’t deter small business startups from opening their doors.
If you’ve just started a business and you’re wondering how to use small business social networking sites like Twitter and Facebook, you’re not alone. There are right ways, wrong ways, and ways that are a waste of time.
If your small business is built around an invention or new product, you are likely familiar with the United States patent system and its inefficiency when processing new requests. David Kappos, the patent agency’s director says this: