Archive for April, 2010

New businesses cropping up in Ohio

Friday, April 30th, 2010

Ohio may often be depicted in popular culture as an agricultural state, but it seems to be growing a crop of new businesses this season. The Secretary of State reported that business formation filings have increased in each of the first three months of 2010, according to the Columbus Dispatch. Jennifer Brunner, Ohio Secretary of [...]

California schools assist entrepreneurs starting companies

Friday, April 30th, 2010

California has gotten a reputation as having a tough business climate in economic downturn. According to the Business Relocation Coach, about 114 businesses left the state because of high taxes, undue regulation and "a legal environment stacked against business." Now, state officials are fighting back and trying to promote the benefits of business incorporation in [...]

Business loans up 57 percent in California

Friday, April 30th, 2010

Looking for money to start a corporation? Entrepreneurs in need of finances for startups may be well-advised to undergo business incorporation in California. According to report from the Press-Enterprise, the state’s businesses are reaping the benefits of American Recovery and Reinvestment Act-supported Small Business Administration loans. The program was recently extended to May 31, and [...]

Start a corporation with a little innovation: Tips for fostering business ingenuity

Friday, April 30th, 2010

Entrepreneurs looking for startup funds will likely find it’s easier to bring in funds with business plans that offer something unique to a market. Inc.com offers prospective business owners some advice on how to start an innovative company. To start, the source suggests entrepreneurs give themselves time to think. "The five last bastions of thinking [...]

Entrepreneurs may benefit from business planning

Friday, April 30th, 2010

Businesspeople thinking about forming a company may find solid business plans are needed to find startup funds. According to startup forum Venture Hacks, to get financiers on board – and foster early success – business plans should demonstrate careful analysis of niche markets and creative foresight on potential for growth. Luckily for entrepreneurs, Inc.com offers [...]

Workshop helps entrepreneurs boost eco-friendly business growth

Friday, April 30th, 2010

Entrepreneurs forming a company may consider launching eco-friendly startups. In addition to having a positive impact on the environment, business owners could find energy-friendly companies more easily win funding. The Cleantech Group recently announced it awarded more than $1.9 billion in clean technology venture investments over the course of the first quarter of 2010. Entrepreneurs [...]

Filing an LLC can pay off: An examination of LLC taxes

Thursday, April 29th, 2010

Business owners often hear about the tax benefits of incorporation, but rarely do they take the time to explore the nuances of these benefits. For those entrepreneurs considering filing an LLC, this insight from About.com on the tax advantages may help them decide. First, the source explains that limited liability companies can be operated by [...]

New tax breaks could help get money to C corporations

Wednesday, April 28th, 2010

According to a report from CNN Money, President Barack Obama is supporting a proposal to eliminate capital gains taxes on investments made in 2010 and 2011 in certain small businesses. The bill has already been passed in the House of Representatives and will soon be taken up in the Senate. At a town meeting in [...]

Wisconsin business incorporation is making headway

Tuesday, April 27th, 2010

While the nation is slowly recovering from economic recession, increased business incorporation rates are helping Wisconsin. According to a report from the Dunn County News, regions of the state are seeing substantial business growth. Dunn County economic development corporation director Christopher Smith says that the number of startup inquiries are increasing in the new year. [...]

Female entrepreneurs may soon find funds for forming a company

Tuesday, April 27th, 2010

A study from the Simmons College School of Management suggests that social networking standards and business patterns indicate that venture capital funds are generally awarded to male-led companies. But Janine de Nysschen, founder of WhyIntelligence, recently told EntrepreneurWeek this may soon change. Female entrepreneurs are the fastest-growing group of business owners, according to de Nysschen. [...]

Low interest rates could help small businesses

Tuesday, April 27th, 2010

In the aftermath of the 1990 and 2001 recessions, small businesses expanded their payrolls more than any other type of firm. Now, as the nation moves toward economic recovery, economists look to small businesses to generate new jobs once again. Unfortunately, SMB expansion and new hires may be hindered by the tight credit climate. Federal [...]

Build a business plan to bring capital investments

Tuesday, April 27th, 2010

As the economy is slowly recovering, economists turn to small businesses to lead the nation toward recovery. Still, many entrepreneurs forming a company are reportedly struggling to find startup loans. Inc.com offers entrepreneurs some tips on how to write winning business plans to secure investments. To start, the source advises new businesses to include a [...]

2010 may be the year of the home-based business

Tuesday, April 27th, 2010

Experts predict that 2010 could be a big year for home-based businesses. In light of the recovering economy, the time is right for entrepreneurs to start a corporation, but not all of them have the funds to set up an office. One small business service provider describes national trends that could spark a U.S. home-based [...]

Build a board to start a company

Tuesday, April 27th, 2010

Forming a company requires entrepreneurs to carefully set foundations for success. It’s important to make sure that a new business venture has a well-planned, properly functioning board of directors. The board has the final word on issues including investment plans, growth strategies, strategic partnerships and a number of other key decisions that shape a company. [...]

Forming a business plan: An essential first step to forming a company

Monday, April 26th, 2010

Entrepreneurs considering business incorporation might benefit from a tip offered by Entrepreneur magazine: plan. Failure to properly plan a business is a leading cause of startup failure, according to the source. The Political Cortex offers prospective business owners some insight on creating an effective plan. Notably, good business plans will consider resource allocations, prepare for [...]

Forming a company? Find funders

Monday, April 26th, 2010

The Conference Board’s Consumer Confidence Index reveals that Americans are increasingly confident across the markets. While consumer dollars can help a business thrive in 2010, financiers’ dollars are just as important for startup companies. In a report for SmartPlanet.com, venture capitalist Mark Suster offers entrepreneurs some insight on how to engage venture capitalists and secure [...]

Funds for forming a company come easier in Ohio thanks to Enterprise Appalachia

Monday, April 26th, 2010

A recent report from Bureau of Labor Statistics indicates that the rates at which entrepreneurs start a corporation could be key for sustained national recovery. Officials in Ohio hope to boost local economies by making it easier to start a corporation in the state with increased access to funding. Enterprise Appalachia is a forum for [...]

Save money during the early days of a startup

Monday, April 26th, 2010

In a recovering economy, many entrepreneurs may feel the climate is perfect for a startup business venture. Still, this doesn’t mean finding the funds to start new businesses is easy. OneIn3Money.org offers entrepreneurs some tips on how to find the money to form a company. To start, the source suggests entrepreneurs spend money as late [...]

Arrowhead Growth Alliance aims to boost Minnesota business incorporation

Sunday, April 25th, 2010

Entrepreneurs in the mid-north with innovative ideas to generate new jobs and businesses who can’t seem to translate these ideas into solid business plans may benefit from participation in the Arrowhead Growth Alliance’s 6th Minnesota Cup Competition. According to Minnesota’s news source, Home Town Focus, the AGA announced last week that it will be accepting [...]

An overview of business structures

Friday, April 23rd, 2010

Deciding when to undergo business incorporation and which type of entity to form is an important step for business owners looking to grow a company. Corporations and limited liability companies are two well-known forms of business. The eCommerce Times offers some insight into the origins of these business structures as well as information about why [...]