If you’re an entrepreneur starting or expanding a business next year, don’t expect a lot of money coming from venture capital according to a new survey released. The decade ending in June of 2011 has been one of the worst in history for venture capital averaging only a 1.3% return compared to a 4.2% return […]
With the recent debt ceiling debate, the credit downgrade of the United States and the political jockying alive and well in Washington, people were beginning to wonder if small businesses would see any of the help that was promised to them. If that wasn’t enough, Congress has had some tough questions for the Small Business Administration […]
When you start a business there are always surprises. Sometimes these are good events such as experiencing better growth than you expected. Therefore, you need to expand with a little more inventory or extra space. On other occasions, there’s bad news. Equipment breaks down or you lose your biggest customer.
Businesses say it often and if you’ve recently formed an LLC, you may have already experienced it: Small business lending is declining, at least according to small business owners in America. We’ve heard it, but is it true?
The commitment and drive of entrepreneurs is essential to business success. Equally important is avoiding some basic errors that are unfortunately too common among new entrepreneurs.
Experts predict that small businesses will lead the economy toward recovery. SMBs have created 64 percent of net new jobs in the past 15 years, according to the Small Business Administration, and continued small business formation is needed to reduce the current unemployment rates.