Archive for May 26th, 2005
Better Than a Lemonade Stand: Small Business Ideas for Kids
Amazon: “The 15-year-old author assembled these 51 ideas for kids to make money; numerous adults have done this before, but this guy is organized! Some of the projects require specialized knowledge and/or equipment (computer teacher and telephone-information-line organizer), others are add-ons to other services (garbage can mover, newspaper mover), and some are just plain selling [...]
Don’t Overlook Risk Transference
National Federation of Independent Business: “One aspect many small to mid-size businesses overlook is risk transference. No major company Kuhn is aware of fails to transfer risk wherever and whenever it can. What should you do? At a minimum, ask your subcontractors to name you on their policies as additional insured on a primary/non-contributory basis. [...]
Comparing Biz Ops to Franchises
Entrepreneur: “Homebased franchises and business opportunities offer investment opportunities built on a truly irresistible principle: Own a business, be your own boss, work out of your home and leave behind that hideous commute. The basic appeal may be the same, but franchises and business opportunities are more different than they are alike. They share DNA-they [...]
What About “Poor Decision” Insurance?
A reader wrote in to Startup Journal with an interesting business idea: “I would like to set up a firm that offers protection to people making life-altering decisions. Let’s call it decision insurance for now. Target customers could include entrepreneurs or new immigrants. Is this a viable business idea? Where should I start my research?” [...]
