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Business Accounting

Note to Entrepreneurs: Laid-Off Workers No Longer Want to Be You

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 […]
Business Accounting

“Papa” John Gets His Car Back

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, […]
Building a Business

Study: Social Networking Ads Work

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 […]
Business Accounting

Entrepreneurs Not Feeling Stimulated

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 […]
Building a Business

Obama Inaugurates Some Hope for Entrepreneurs

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 […]