With the recession leaving many of the nation’s more seasoned workers unemployed, it seems many older Americans opted to create a corporation instead of take entry level positions elsewhere.
Older Americans increasingly create corporations
Business formation rates on the rise in spite of recession
Many economists say small businesses will be needed to lead the nation out of recession. With this in mind, it may come as good news that the Kauffman Foundation recently released a study revealing that 2009 saw a dramatic increase in business formation rates.
Tips to secure venture capitalist funds
According to the Silicon Valley Leadership Group, there was a 37 percent decline in venture capital investment in 2009. Startups looking to find funds this year might consider tips offered by venture capitalist Mark Suster.
Business planning essential first step to business formation
Entrepreneurs considering business formation might benefit from a tip offered by Entrepreneur magazine: plan. According to the source, improper planning is one of the leading causes of startup failures.
Thinking of business formation? Learn the basic entrepreneurial skills
For entrepreneurs interested in starting companies, it’s important to learn the basics about business. For would-be owners of all business types, Entrepreneur.com offers some tips about skills and knowledge that should be acquired before business formation.
Build corporate blueprints to bring capital investments
In spite of the administrations’ recent $30 billion pledge to help fund small businesses, many entrepreneurs are reportedly still struggling to find startup funds. Would-be business owners might benefit from Inc. magazine‘s tips on writing great business plans to garner investments.
Save money during the early days of a startup
A report from the Small Business Administration indicates that economic trying times often provide the best climate for new businesses to find success. Still, that doesn’t mean finding the funds to start new businesses is easy in the midst of recession.
Tips to grow a business
As the economy is slowly recovering, it may be time for small business owners to start thinking about how to expand their enterprises. Suite101.com offer some tips for growth that might benefit all business types.