Archive for January 19th, 2005
The Safest & Riskiest Small Businesses
BizStats: “What are the safest small businesses to start, and what are the riskiest? One measure of risk is to compare relative percentages of profitable and loss businesses in a given industry. We used sole proprietorship data since net income or loss is not affected by owners’ compensation. We compiled data on 120 different types [...]
Fortune Small Business: “It is exhausting. Customer demands keep me and other managers logging ten-hour days and inhibit our ability to plan. But as much as I want to complain, I’m beginning to see relentlessness as my ally. Short lead times give us a huge advantage over our less agile rivals, especially larger manufacturers or [...]
Tax Savvy for Small Business: Year-Round Tax Strategies to Save You Money
Amazon: Knowing the ins and outs of the tax code is vital to the health of every small business. Virtually every decision a business makes has tax consequences that can affect its bottom line — and the IRS is always watching. Fortunately, Tax Savvy for Small Business provides valuable strategies that will free up your [...]
Help me get a Mac mini and I’ll paypal you $5. I think Apple’s new Mac mini will be a huge hit. The combination of its size, looks (both inside and out), functionality and price point (not much more than an iPod!) is bound to make a lot of people give one a try and [...]
Transition Of Worker To Entrepreneur Hard
Washington Post: Many entrepreneurs get a bit of a rude awakening when they make the transition from someone else’s employee to head of a company. Suddenly they are in charge of a long list of chores that they can’t just turn over to someone else — there’s no accounts receivables or human resources departments. And [...]
The New Yorker: “In the year and a half since Josh, Ricky, and Jakob left college, traffic to the site has grown three hundred per cent. In December of 2003, CollegeHumor.com generated $45,400; in December of this year, the revenues were $405,000.” via Darren Barefoot.
Entrepreneur: “Whether you’re about to start a business on eBay or are ready to take your existing business to the next level, we’ve put together 51 tips for successful selling on eBay from a panel of experts.” via CareerNiche.
Entrepreneur: “Though franchising as a concept has existed for centuries, it became a prevalent force in American business just a few generations ago. And as anyone who has watched TV, listened to the radio or read ads can attest, franchising has become an icon of American life. Robert A. Robicheaux, chair of the Department of [...]
An In With the In Crowd, for a Fee
NY Times: Dressed in a sober business suit, Jorge Lima, 30, a salesman for a pharmaceuticals company, looked out of place among the gyrating house music mavens at Cielo, a lounge with a futuristic theme in the meatpacking district known for a rotating cast of celebrity D.J.’s. But Mr. Lima didn’t mind. On a recent [...]
The Strange Side of the Small Business Adventure
MYOB: “One of the wonderful features of small business ownership is the ability to be unique and offer something special to customers that the mega-business simply can’t provide. So don’t be afraid to get in touch with your own ‘strange side’ if it helps your business.”



