Most entrepreneurs expect to face the "normal" challenges of starting a business, which include finding the right opportunity, building and executing a winning plan, and financing their
While some block sidewalks on Wall Street and elsewhere, other unemployed citizens are going in a more productive direction: They're starting businesses.
Keeping your day job while starting a business is a tried-and-true way to ease into entrepreneurship without going broke. But it can also leave you bleary-eyed from lack of sleep and without even a shred of personal life. That’s a “recipe for disaster,” says Kristin Cadinale, author of “The 9-to-5 Cure.” Running a side-business or […]
recently passed new laws Only this year, you can deduct $10,000 of startup costs, double the previous figure. Write off 100 percent of up to $500,000 in equipment costs your first year. If you have costs beyond there, you can write off 50 percent of them right away under the bonus depreciation clause. Investors can […]
Apparently, all the people out there who want to start businesses have now done it. A new study from Challenger, Gray & Christmas shows the percent of laid-off workers starting their own businesses sunk to an all-time low in the first half of this year. Just 3.7 percent of job-seekers ended up starting a business […]
Entrepreneurs often have to make tough sacrifices to get their businesses off the ground. For John Schnatter, it was his 1971 Z28 Camaro. He sold the gold-and-black car for $2,800 in 1983 and used the money to save his father’s tavern from closing and start his own business: Papa John’s pizza restaurant. Twenty-five years later, […]
An eye-tracking study of 25 people said to represent the average social-networking site users found that a majority of them approved of seeing advertisements and even engaged with ads while searching for products and reviews on their favorite social portals, according a report released this week. The study, titled “Seeing Search Go Social,” by search […]
The $787 billion economic stimulus package signed into law by President Barack Obama this week contains $116 billion in tax cuts for individuals, more than $53 billion for education and job training, and north of $10 billion for health, science and research. But there’s nary a penny explicitly set aside for startups and entrepreneurs. In […]
Despite being attacked during the election for his perceived lack of consideration for America’s business owners (see Joe “The Plumber,” et. al.), Barack Obama as president-elect has shown an almost wonkish savvy when it comes to the machinations of entrepreneurship in the United States. His recent proposal to fund a national network of business incubators […]