Steve Strauss looks at the trend that is dominating the world, Entrepreneurship.
Faithful readers of this column (thank you very much!) know that every year I post a two-part Top Trends in Small Business piece. It is always interesting to see what is coming down the pike, and it is equally interesting to notice how much, and how little, the list changes every year.
It can be challenging enough to open one retail shop, let alone two within six months.
But that’s what Antoinette Lafayette did with her business, Pink Frosting Cupcakes in Coppell and Irving. Lafayette felt confident enough to take a risk on a second location so quickly because she was prepared for the opportunity.
“Because I planned so well for it, I had a great chance of succeeding,” she said of starting her new business. “I refused to open the door until I went over everything.”
I started my refrigeration repair business six months ago and am now at the point of
needing to interview candidates for my first employee. I’ve never done this before. What tips can
Entrepreneur Taren Kinebrew has found her ‘sweet spot’ with small, exquisitely decorated and delicious desserts. The owner of Sweet Petit Desserts and winner of a 2012 Bad Girl Ventures $25,000 business loan, Kinebrew is using the money to move from a home-based business in North Avondale to an Over-The-Rhine storefront at 1426 Race St. in October.
The four-year-old company is SCORE’s September Client of the Month.
No matter the small business, each entrepreneur faces one similar issue: Pricing. Are you out pricing your customers? Are you under pricing yourself? Is the difference between a year in the red or the black as simple as your price tag? This month SCORE helps you find the answers to these questions.
Few people are better qualified to discuss this issue than Ann Logue, who spent 12 years as a financial market analyst before turning her talents to writing. She also shares her expertise as a lecturer in finance at the University of Illinois at Chicago, teaching both undergraduate and MBA students about corporation finance and international financial markets. Ann will go over the finer points of pricing to help you maximize your pricing for profitability.
Pricing is something that all small businesses wrestle with, particularly those just getting started. What are the fundamentals for determining the ideal price for a product or service?
"In 1989 when I was living in Nuremberg, West Germany, with my husband and my 2-year-old daughter, I got a phone call from my father from Old Town Alexandria. It took a few seconds and a lot of static before I could hear his voice clearly.
He was distressed about the family-owned business and was wondering if I could fly home to help. It so happened my husband was deploying for the first Gulf War and would be away for over a year, so I decided to pack up and fly back with my daughter and two cats to see what I could do.
Managing a business - and keeping track of numerous employment laws - is a major challenge in today's sea of regulations. According to the report, "Small Business Problems & Priorities", compiled by the National Federation of Independent Businesses Research Foundation., the federal government alone proposes approximately 150 new rules every year that cost business owners over $100 million per rule in compliance costs. To successfully navigate the currents of law, employers need to be alert to the laws and regulations specifically related to their businesses. Learn more in this e-guide, sponsored by Paychex.
Keeping tabs on frequent changes in employment laws can be time-consuming and confusing for business owners. While managing the multiple priorities of running a business, employers must also make sure that they are meeting applicable federal and state agency requirements. Every year, the federal government alone proposes approximately 150 new rules that cost business owners over $100 million per rule in compliance costs. To avoid violations, employers must be alert to changes pertaining to laws and regulations related to their businesses.
Al and Christy Kroell are a story of bravery and commitment to community and the American dream.
The Squaw Valley couple suffered serious injuries in separate accidents that required years of rehabilitation. But they found the courage and ambition to start a business and succeed.
They jump-started a business called ChristyAl Plaques & Engraving with the help of the local Small Business Administration SCORE chapter.
The surging growth of minority women-owned businesses in the last 15 years tells a mixed story about the American workforce.
Minority women-owned firms grew 156 percent from 1997 to 2013 and now account for one in three women-owned firms in the U.S., according to a 2013 report by American Express on the State of Women-Owned Businesses. In contrast, non-minority women-owned firms grew 32 percent during the same period.
I’ve never been the most organized person, but it’s reached the point where the clutter in
my office is starting to hinder my productivity. How can I get a handle on the paper monster
that’s threatening to consume me?