Business News Articles For Entrepreneurs & Small Business Owners

Understanding Private Equity – The Pros and Cons of Private Equity

If you are looking for investors for your company, consider this New York Times article as a guide.  According to Jessica Bruder, you need to know what you want first.  Do you want control over the daily operations of your business?  Do you want to be involved in the business for the long haul?  Private equity may […]

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Books With Great Entrepreneurship Stories

Entrepreneurship is not always about starting or operating a business.   Bill Murphy Jr., in his Inc.com article, says it is about executing a unique solution to a problem.  The author singles out books with characters that exemplify this quality to pursue opportunities in problem solving.  One such book is The Aeneid, Virgil’s epic.  The story […]

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How to Start a Business While Raising a Family

Joe Cassara, a contributor of the Young Entrepreneur Council, is running a consulting practice.  He also creates startups and sells houses.  On top of this, he is also a husband and the father to three kids under 3 years old.  How then, does he manage his time between his family and jobs?  He wrote at […]

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How to Save Your Business & Survive a Small Business Crisis

Small business owners dread circumstances that could wreak havoc on their companies.  At one time or another, businesses go through a crisis and wise owners or managers should be prepared to address this.  Nat Wasserstein, a corporate crisis manager, shares with his Intuit Small Business Blog readers some pointers on how to manage a business crisis.  […]

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How to Balance Entrepreneurship and Parenthood

Inc.com shares with its readers the advice of successful young entrepreneurs on how to handle growing children and a growing business.  Erin Blaskie says you have to be flexible despite having a schedule for small crises, especially with children, that may crop up.  Aron Schoenfeld says you should know your priorities.  A supportive family means […]

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Closing Your Business? What You Need to Know

When you start a business, you should not think only about how to run it but also how to close it.  Statistics show that many businesses close shop after a year or two of operations.  The reasons could be financial, mismanagement, the economic crisis, etc.  Entrepreneur.com shares with its readers closing business tips from Deborah […]

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Is Your Hobby a Business?

Bonnie Lee clarified at FoxBusiness.com instances when what a taxpayer spends for his or her hobby can be written off as an expense.  During this economic downturn, many small business owners turn their hobbies into businesses.  In such a case, Lee said you can “write off expenses in excess of sales and enjoy a loss […]

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What Entrepreneurs Can Learn From Olympic Athletes

Kelli Matthews at Bplans.com compares athletes to small business owners or entrepreneurs.  She said, “An athlete is their own product and their business is to be the best in the world.”  What then, can entrepreneurs learn from Olympic athletes?  She discusses three lessons:  set new goals, strategize, and be flexible.  Set up your goals.  Go […]

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How Government Policy affects Small Business and Franchise Lending

Jim Amos, Chairman and CEO of Tasti D-Lite and Planet Smoothie was interviewed by FoxNews host Greta Van Susteren last month.  In the interview, Amos called small business owners and franchisees heroes.  These folks, he said, put their life and savings on the line while providing jobs in uncertain conditions marked with regulations and tax […]

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10 Tips on Becoming a Successful Entrepreneur

We often equate entrepreneurial success with innovative thinking and breakthrough ideas.  Yes, these factors contribute a lot, but Naveen Jain in his article at Inc.com says there is a lot more you, an entrepreneur, need to be successful.  You need to believe in what you are doing.  You and your team should be passionate and be […]

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Which Franchises are Likely to Fail?

Are you safe if you buy an established franchise brand?  Not so, says Courtney Rubin in her American Express Open Forum article.  An analysis done by BlueMauMau.com, a franchising news website, on franchises with more than 50 SBA loans, reports popular franchises that failed to pay their SBA-backed loans.  The brands in the list criticize […]

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Jiffy Lube Franchisee Loses $47 Million in Spam Case

For spamming or sending unsolicited text messages to over 2 million consumers in 2011, Jiffy Lube’s Heartland and its marketing company TextMarks, find themselves $47 million poorer.  The Telephone Consumer Protection Act requires businesses to obtain telephone users’ consent before sending them text advertisements.  This is the contention of the class-action lawsuit filed in the […]

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Red Robin Sues Franchisee

Amarillo Globe-News reports the development of a legal case between Colorado company, Red Robin International, and its Amarillo franchisee, Early Bird Amarillo and Bryan Cumby, a company principal.  The case stems from the alleged repeated failure of Early Bird and Cumby to pay franchise fees that resulted in numerous default notices and termination of the […]

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Why Should Veterans Try Franchising?

Military Leaders in Transition published the views of Mary Kennedy Thompson, a former Marine Corps officer and now the Chair of the VetFran Committee of the International Franchise Association.  Thompson said the IFA considers veterans as critical partners of the government towards the economic recovery and future of the country.  She cites the military training […]

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Tim Hortons Reports Increase In Sales

Tim Hortons Inc. announced in The Vancouver Sun an increase in its second quarter revenue.  This came from stronger system-wide sales; franchise fees, rents and royalties.  Franchise fees increased by over 18% due to more restaurant openings and equipment sales globally.  There was also increased U.S. sales and more renovations during the quarter.  Revenue rose […]

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Paul Ryan – Good For Small Business?

Fox Business‘s Kate Rogers reports conflicting views of small business owners on the 2012 U.S. elections.  Is the choice of Paul Ryan as Romney’s vice presidential nominee good for them?  Small business owners are discouraged by the current administration’s seeming lack of understanding for their plight and needs.  The choice of Ryan is welcomed by […]

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Understanding The Small Business Loan Market

Amy Kassar of MultiFunding shares some tips to would-be loan borrowers in The New York Times.  There are various types of loans and each has particular criteria unique to its own.  These propositions dictate how much you can borrow and how you will pay the loan.  Kassar advices entrepreneurs to check the loan market to […]

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Small Business Tax Credits You Need To Know About

Small business owners should be aware of tax credits that could reduce their tax liability.  There are many tax credits available.  Some are applicable only for certain types of businesses.  Check out which tax credit enumerated by Bonnie Lee in an article published at FoxBusiness.com that you can use to lessen your tax liability.  Credits […]

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Tips on Using Freemium Apps for Your Business

Lauren Hockenson understands the limited budget of a startup business. She recommends maximizing free resources such as app suites through some tips published at Mashable.com. She advises, “Before you start app shopping, focus on what your goals are for the particular service you’re considering, then find the free plan to fit your needs.” She adds, […]

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Pinkberry Partners With Macy’s

Macy’s in San Franchisco’s Union Square shopping plaza is Pinkberry’s first store in San Francisco.  Chris Burr of Macy’s told QSR the two brands “really connect with each other” and that their shoppers “are virtually the same”.  Pinkberry CEO Ron Graves agrees, “We look for companies and people who share like-minded values, and by that, […]

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