Archive for April 4th, 2005
Ten Reasons Not to Buy a Franchise
Thinking about buying a franchise? Nolo has ten franchise red flags that should cause you to potentially consider investing your time and money elsewhere: Questionable profitability. High start-up costs. Encroachment. Lack of legal recourse. Limited independence. Royalty payments. Inflated pricing on supplies. Restrictions on post-term competition. Advertising fees. Unfair termination. Always do your due dilligence.
The Best Home Businesses for the 21st Century
Amazon: “Based on the top-selling Best Home Businesses for the 90s, here is a completely updated, comprehensive look at the leading businesses for small and home-based entrepreneurs in the 21st century. This invaluable guide provides comprehensive profiles of more than one hundred hot new businesses that promise the top opportunities for small-business people in the [...]
New Parents Make Good Entrepreneurs
NY Times: “For some people having a baby disrupts careers; for others it makes them. A new generation of parent-entrepreneurs – many of whom are survivors of the Internet boom and bust – discovered an unfilled market niche when they began looking for baby gear and children’s furnishings that met their standards for form and [...]
The IRS and eBay: Tax Season Is Here
AuctionBytes.com: It’s that time of year – April 15 is looming. As if I wasn’t already thinking about it, the Associated Press ran an article about eBay sellers and whether they were required to report eBay income on their taxes. How do you know if you are required to report eBay income in your taxes? [...]
→ barkbusters.com Bark Busters is an in-home dog training company, founded in 1989 in Australia. Today, their proprietary holistic and humane dog training system is currently operating in Australia, New Zealand, the United Kingdom, Canada and Japan, and is expanding into the U.S. with franchise opportunities available in all 50 states. With over 180 franchisees [...]
Recording Out of Pocket Expenses
Real Life Accounting: “There are several ways to record ‘out-of-pocket’ expenses for the owner of a business on your books. How you do this depends of what type of business organization is being used. For example: Sole proprietor; Partnership; or Corporation.”
This week’s Carnival of the Capitalists is up at Law & Entrepreneurship News.
The Entrepreneur’s Guide to the Business Cycle
Sean Corrigan in Mises Economics Blog: “After my article ‘We shoulda seen it coming,’ I received vast amounts of feedback from genuine entrepreneurs who talked of their personal experiences in dealing with Fed-induced cycles. I decided, then, to rewrite the article and expand it. The result is The Entrepreneur’s Guide to the Business Cycle (PDF).”
Entrepreneur on starting a restaurant: “The numbers add up to a tremendous opportunity: Every week, Americans consume an average of 4.2 meals that are prepared away from home–that’s 218 meals per year and increasing. By 2010, the restaurant industry will operate more than 1 million units, with sales of $577 billion capturing 53 percent of [...]
