Business News Articles For Entrepreneurs & Small Business Owners

Is Obamacare Bad for Small Businesses?

Matthew Yglesias in his Slate.com article believes that small businesses should embrace the Affordable Care Act, popularly known as Obamacare. He does not share the thinking of the National Federation of Independent Businesses that this health insurance law is a disaster for small businesses.  He says that NFIB’s main priority is low taxes and laments […]

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Where to Get Business Grants

If you need funds to start or develop a small business, do not look far.  This Bangor Daily News (Maine) article present some tips on where to look for business grants.  You have to be patient and persistent.  Look for these in industry publications and the local paper.  There are development agencies that offer grants […]

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Partners Should Put Their Business Agreement in Writing

Ann Logue in an Entrepreneur.com article advises partners in a start-up business to put the terms and conditions of their business relationship in writing.  This should be done before your open the doors for your business.  The agreement should cover each party’s roles, responsibilities and obligations.  Changes in the business and in its ownership should […]

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Why Small Business Lending Is a Mess

After Ami Kassar was fired from his bankrupt company, Advanta, he founded MultiFunding.  MultiFunding helps small businesses get the best loans with the most favorable terms for their situations.  In his first post that appeared in The New York Times, he calls our attention to one of the factors why small business lending is a […]

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Benihana Going Private in Buyout Deal

Publicly traded Benihana, known for teppanyaki cooking by chefs that dazzle diners with their knife-handling skills, is being acquired by Angelo, Gordon, and Co.’s.  The deal between this restaurant chain and the private equity group is still subject to regulations and approval of its shareholders.  Benihana has until July to consider other offers.  Analysts told […]

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Five Business Trends For The Second Half Of 2012

Things are looking up for businesses these days. While the current forecast still has a long way toward improving to match the “glory days” of year’s past, America is showing signs toward further removing itself from the dark days of the recent recession that have impacted so many of our country’s businesses. And yes, the […]

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An Entrepreneur’s Guide to Get Family Support

In an article that appeared at YoungEntrepreneur.com, Adam Toren enumerated ten ways to win over the support of your family should you try your hand at entrepreneurship. He notes that most families find going into business a riskier endeavor than being an employee and receive regular paychecks. Explain to them your plans by showing them […]

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Small Business Loans – Credit Unions vs. Banks in Congress

There is a pending legislative bill that will raise the lending cap of credit unions from the current mandated 12.25% of their total asset size to about 27%.  If approved, this will substantially benefit small business owners and improve the economy says Brian Martin of the Progressive Policy Institute.  Sen. Mark Udall, sponsor of the […]

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Dunkin’ Donuts Plans to Double its Franchises in the U.S.

Dunkin’ Brands senior director of franchising Jeremy Vitaro spoke to Bret Thorn of Nation’s Restaurant News about the plan of the Dunkin’ Brands Group, Inc. to increase the number of its units in the U.S. by 100% in the next 20 years. The Dunkin’ Brands include Dunkin’ Donuts and Baskin-Robbins. For the Dunkin’ chain, they […]

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4 Tax Tips for the Self-Employed

There are over 21 million solo or one-person businesses in the United States according to the Census Bureau.  Being a “solopreneur” has its benefits as well as responsibilities.  The procedure of filing taxes, for one, is more complex than the simple one form process for an employee.  To avoid having tax problems, study the federal […]

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Sizzler Franchisee Discusses Chain’s Growth

According to Nation’s Restaurant News, Tony Lutfi has acquired five existing Sizzler restaurants and plans to build five more in California.  Lutfi, chief executive and president of Marlu Investment Group, has over 70 restaurants.  Among these are Jack in the Box, Church’s Chicken, Little Caesars outlets, and Arby’s restaurants.  Sizzler is the latest addition.  He […]

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Where Do Great Business Ideas Come From?

We often think big businesses lack the fresh ideas, creativity and agility of the small and new businesses.  Three huge companies – Procter & Gamble, Intuit and Google – prove this is not always true.  P&G had its Clay Street, a unit composed of choice employees launched in 2004, to rehabilitate its Herbal Essences shampoo […]

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Winning Strategies for Immigrant Entrepreneurs

Sarah Wayland, project manager of Winning Strategies for Immigrant Entrepreneurs, shared with The Globe and Mail her studies on the experiences of entrepreneurs who immigrated to Canada.  She found them hungrier to succeed and more hard working.  Despite their disadvantages as to language and culture, their willingness to succeed and business acumen have served them […]

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Making The Leap To Entrepreneurship – Start Your Own Business

There are many people who dream of owning their own business.  Some even leave their jobs to be entrepreneurs.  Karen E. Klein in her article at Businessweek.com explains the entrepreneur’s mindset as “entrepreneurs embrace risk and view it as opportunity”.  If you are have this mindset and if you believe this is the life style […]

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Doing Business As … Does Your Business Need a DBA?

The DBA (Doing Business As) protects consumers from unscrupulous business owners.  A sole proprietorship, general partnership, corporation or LLC (limited liability company) may file a DBA.  Nellie Akalp at SmallBizTrends.com discussed the salient points of the DBA – who needs to file, why it should be filed, and when to file it.  Requirements for filing […]

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Audax Health CEO Shares His Story

Grant Verstandig was a sophomore at Brown University when he decided to quit school over his knee injury.  Grant was a lacrosse player and he was devastated when told he could no longer play his favorite sport.  He searched health websites about his condition but he was disappointed with the experience.  He wanted a safe place […]

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When to Quit your Job to Become an Entrepreneur

Karen Klein at Businessweek.com compiled answers on a question from a reader who wants to know when the right time is to quit one’s job.  The reader wants to open his or her own business.  Various experts on entrepreneurship have different ideas.  A business coach from New York advises to “wait until their new venture […]

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Key Pointers to Starting a New Business

Maria Contreras-Sweet, a former corporate executive and one-time government official, started Promerica Bank, the first Hispanic-owned bank, in Los Angeles in 35 years.  In an IBM webcast during Global Entrepreneurship Week in November, she gave the audience pointers on how to start a successful business.  She advised future entrepreneurs to do research first before quitting […]

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How Long Does It Take To Sell Your Business?

Gary T. Brooks of ExitPlanPros.com and John Warrillow of BuiltToSell.com estimate the length of time to sell a business at six months to a year on the average.  Selling a business starts when you create a saleable business with predictable revenue. Planning your exit starts years before you actually decide to  put your company on […]

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Attention Entrepreneurs – Do You Have What it Takes to be a Winner?

Not everyone can be a successful entrepreneur.  Mark Zwilling, in his post at StartupProfessionals.com, says individuals with “unwavering passion and sense of urgency” are likelier to succeed.  Angel investors seek this quality in entrepreneurs.  Briefly, he or she should be articulate and honest, must have confidence and experience, must have studied the business venture’s ins […]

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