The first-ever national arts index revealed that funder commitment to the arts is declining in tough economic times. In light of the inconstancy of donor funds in recession, this might be a prime moment for artists to bank on their talents through business formation.
Entrepreneurs who are considering business formation might be focused on which state they should incorporate their businesses in, but regardless of where they operate they should remember that today’s economy calls for catering to a global market.
In an increasingly digital world, it’s relatively simple for business owners to conduct their work from home. Entrepreneurs no longer need to have an office for their operations before undergoing business formation.
The Small Business Administration reports that entrepreneurs are the leaders in driving economic recovery with small businesses creating 64 percent of net new jobs over the past 15 years.
The location of a prospective company is important to the success of the business. Not only do different states have unique markets that will be more or less amenable to different business types, but also each state has its own laws governing corporations.
Entrepreneurs who are considering business formation know having a strong business model is important to securing investors’ funds. A report from ReadWriteWeb.com suggests it may be time for startups to consider moving away from advertising models and shift toward building new businesses on micropayments and subscriptions.
According to a report from the Kauffman Foundation, many entrepreneurs fail to capitalize on opportunities for business formation because they fear risk-taking endeavors. But what if an online resource could help an entrepreneur determine the risk of their new company?
The Small Business Administration’s 2009 business credit survey revealed that 59 percent of small businesses choose to make payments with credit cards, yet 79 percent of entrepreneurs say the terms of their credit cards got worse over the past year. A report from MSNBC.com suggests that choosing the right card might help small companies solve […]