Archive for March 9th, 2005

How to Start a Bar/Tavern

Entrepreneur: From a personal perspective, you need to ask yourself if you’re really the type of person who wants to own and run a bar. Of course, you don’t have to run it if you own it, but you’d better make sure you have a team of good, trustworthy managers working for you if you [...]

 

Small Businesses Discover Blogging

WSJ: To build an audience, blogs don’t have to be edgy, provocative or funny, says blog coach Griff Wigley, of Wigley and Associates, Northfield, Minn., who has helped several dozen small companies start online journals. But they do have to be authentic and provide useful information. The personal touch helps build relationships with customers, something [...]

 

Understanding Supply and Demand on eBay

AuctionBytes: It’s important to look not only at other seller’s prices, but to look at the price trend of a product over the past 30 days. Has the price been holding steady? If so, the supply is probably in equilibrium with the demand. But if prices are falling, look at how many listings there are. [...]

 

The Time is Right for the Lone Inventor

Fortune Small Business: Jennifer Sarihan, a 34-year-old mother of three in Springfield, Ohio. In early 2003, Sarihan decided to take a stab at inventing a plastic cutting device that could remove bread crusts and halve sandwiches in one motion. But she was, she says, “kind of at a loss with what to do” with Good [...]

 

Home-Based Entrepreneurs Find Appetizing Incentive to Dine Out

Home Business Magazine: “Eating at a restaurant might be a tastier proposition for home-based businesses these days. That’s because small incorporated firms benefit up to seven times more from the meals and entertainment tax deduction than larger firms. According to a study released by the U.S. Small Business Administration’s Office of Advocacy, small firms that [...]

 

A Wal-Mart Used Car Lot A Wal-Mart Used Car Lot

Don Alm: I spoke to the Manager in January about the possibility of having a “By Owner Car Lot” in this area. It would be available ONLY on Sat & Sun. I would be charging people to park their vehicles there so I felt I should pay Wal-Mart for the space. The guy floored me [...]

 

Tax Code Bad For Business

Reuters: “Complicated U.S. tax rules burden and distract small businesses, but the government makes matters worse by constantly changing or updating them, experts on Tuesday told a panel seeking to simplify the tax code.”