This is an interesting question and one that should be asked well prior to ever diving into the world of entrepreneurship. Far too often, this is a question an entrepreneur asks when already... (more)

Many entrepreneurs that are just starting out opt to work out of their homes instead of incurring the costs of renting office space. Those that work from home will need to be well-versed in the tax... (more)

Years ago, this question was about how to control use of company phone systems and company time on personal phone calls. Sounds like eons ago, doesn’t it? However, the rules for managing... (more)

In the heady heydays of a small business’s beginnings, finances often dictate that the owner be a jack-of-all-trades, taking on everything from closing the clients to crafting the company... (more)

I'm glad that you asked this question, as I know some small businesses don't address this with their accountant. On a personal note, I run a company called BIDaWIZ that manages a... (more)

I am not sure why three is the magic number, but other than a bad work history (e.g., many jobs over a short period with inadequate or implausible explanations for each move) you need to establish... (more)

The success of a business rarely has to do with the novelty of an idea. Rather, it more has to do with whether or not the management team is able to execute on the strategy and goals. Luck and... (more)

First of all, good job specifications are needed. You may have all the information in your head, but the real challenge is to clearly convey not only what the job is (its purpose and major... (more)

Your friend is wrong on both counts. One of the benefits of working for yourself is the independence you gain to work as you please. But because you are not an employee, no one owes you anything.... (more)

Most of the business owners and career people I speak with each week feel utterly overwhelmed by the number of social networking options that are out there. And while Google+ user numbers are... (more)

The good news is that you’ve already completed the first step to setting up a burger franchise. You have established a prototype operation and, even better, you have expanded your operation... (more)

First of all, as an entrepreneur, you need to understand that just about no one will ever care about your business as much as you do. That does not mean that everyone else is unenthusiastic or... (more)

U.S. law is very strict about what you can and cannot do while in the U.S. on any particular type of visa. Generally, on an F-1 visa you cannot work at an outside job, so the legal hurdles you... (more)

Good for you for considering the idea of expanding outside your home. Many new businesses never even make it to that point. There comes a time when working out of a home office becomes more of a... (more)

Logos are a lot like fingerprints. Each one is a distinctive mark that tells the world who you are. The goal is to create a logo that represents your brand in look and feel and bec (more)

That's a very interesting project and the type of learning I strongly support. While textbook reading, essays and exams provide the student with a basic foundation of learning, they lack the... (more)

The first step to setting up a successful franchise is to create and test a prototype of your concept. In your case, since you’ve successfully run your business for 12 years, you have... (more)

It's impossible to say which college degree or major is best for future entrepreneurs. Believe it or not, some entrepreneurs never even attend or finish college and instead put their time and... (more)

It's smart and proactive to plan ahead of a recession. For the most part, many U.S. businesses are still climbing out of the 2008 recession and there's still the possibility that we could... (more)

It's great to learn about your entrepreneurial ideas even before you pursue this next big step in life. It's also refreshing to read of your eagerness to learn how to become an... (more)