BizStats: "Want to quickly know what the average small business owner keeps from each dollar of revenue? Then, see our summary of industry profitability - sole proprietorships. Get great Retail benchmarks at Sales per...
Dan Sherman: "What you're doing is creating a picture database of your town to sell to companies interested in marketing to these houses, based on certain criteria. Once you have a picture catalog of your...
National Federation of Independent Business: "Every owner of a home-based business should consult with an agent experienced in insuring small businesses. Normally, your homeowner's policy will cover some business-equipment coverage costs in the case of...
Marginal Revolution: "Who would have guessed that when taking drive-thru orders at a McDonald's it's more efficient to send the order not 25ft into the restaurant but 900 miles away to a call-in center which...
Barry Moltz writing in Angel Investor News has some good sugestions about what to include and what not to say in your business plan when you're trying to get funding. One of his first...
This week's Carnival of the Capitalists is up at The RFID Weblog.
Next week, the carnival is here, so Send your entries to capitalists -at- elhide -dot- com.
Brad Feld: "Should a startup or small entrepreneurial company have a board of directors? I say, emphatically, YES!"
Jay Dwivedi: Develop in-house capabilities: If you are a business already active in some aspects of security, it is much better to add other capabilities. You can leverage your existing brand and relationships to...
Just saw this on the Fox News Channel:"Jeopardy!" contestant Ken Jennings' total winnings after 30 appearances on the show: $1,004,960
Approximately how much of that will be taken out for taxes: $330,000
That means that for one...
Startup Skills: "Small one and two-man companies often get cocky and will talk back to customers. It's a huge mistake. Your biggest critics are engaged in your company, and assuming they aren't actually your competitors,...
Sydney Johnston: "It seems logical that a business so easily created ought to be easily successful. But it isn't. I receive constant email from folks who've bought a $29.95 ebook or a $49.95 piece of...
About.com: Explore your network: distant relatives, friends of the family, former bosses or professors, people you meet through professional associations or networking groups, or even online social networks.
Who do you admire and respect? Who has...
Dan Sherman, always the idea man, shared his two newest business ideas yesterday: raising money for Republicans for a commission and starting a short run color printing service.
The post about the printing service contains this...
Starting It: "Have you ever noticed that vacuum cleaner companies and cutlery companies (as well as many other industries) often hire kids right out of school to sell their products? Why? Well, they know that...
Strategize: "Working Smart has a great post on how to create a template for your voicemail so that you can update your outgoing message every day. "
Though the voicemail template sounds more like that of...
Dr. Jeffey Cornwall: "Certainly one can over analyze a business or a golf swing. But neither can completely take care of themselves. Even golfers with 'natural swings' have to focus on what they are doing....
Don Boudreaux writing on Cafe Hayek:Almost every one of the goods and services that are routine in modern, commercial society is the result of a long series of mostly small, individual, creative efforts to improve...
Ida May Fuller, the first recepient of a retirement check from the Social Security Administration, received a total of $22,888.92 in benefits from 1940 until her death in 1975. Not bad for someone who...
It's policies like these that drive many of us into business for ourselves.
via Jen at Circadian Shift.
Robbie Vorhaus writes that using a credit card to build your business may not be the best idea. Three years into building his business, Vorhaus Communications, Inc., he found himself $125,000 in debt, $65,000...
