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A pair of former Brown University Medical School students have found a creative way to blend healthcare, corporate programs and social media. Their innovative ideas have landed them $5 million in venture capital investments, Entrepreneur magazine writes. The duo – Brad Weinberg and Rajiv Kumar – created a platform through which individuals and self-insuring companies [...]

Small businesses are exposing their important data to security risks, according to the most recent survey from Lenovo-AMD. The small business survey, which reached out to 700 entrepreneurs, identified trends and security measures taken to guard against threats. The data revealed that a high number of small businesses use unsecured networks from neighboring internet connections [...]

While entrepreneurs take pride in creating their own business from scratch, buying a franchise is a profitable alternative, according to Entrepreneur.com. Rather than assume the risks of creating a business where all the risk is assumed by the owner, buying a franchise presents greater financial security and potentially quicker profits. Franchisees are responsible to pay [...]

Proper financial records and bookkeeping is vital for every small business. If mismanaged, budgets can become disorganized and lead to future financial issues. Entrepreneurs that practice intelligent bookkeeping are unlikely to experience these issues and enhance their revenue. Correct bookkeeping offers a clear outline of incoming revenue, but it also allows small business owners to [...]

Branding and name recognition can offer entrepreneurs an advantage when it comes to staying head of the competition. In an economy where consumers are watching their dollars and revenue may be harder to come by, descriptive and informative branding can lead to success. A lack of branding can lead to poor understanding of one's services [...]

Whether enhancing their practices or finding new customers, work-at-home moms will have the chance to increase revenue in the new year if they adhere to the following trends. The use of social media will play a vital role in moms gaining more exposure for their small business, writes Lisa Druxman for Entrepreneur.com. The low-cost but [...]

Small business owners aiming to break into new fields or improve their existing business should explore the following trends in 2011, according to new data from the U.s. Bureau of Labor Statistics. Utilizing employment figures to project significant trends in the upcoming year, the Bureau revealed that consulting firms that specialize in management, scientific and [...]

Scott Nash began MOM's Organic Market, a six store chain in Washington, D.C., in order to serve a niche group of consumers who seek out organic products. The business has now grown into a 350 employee, $50 million operation. After 20 years of operation, which had its share of ups and downs, MOM's Organic Market [...]

No business owner wants to be audited, and maintaining the proper documentation can both help prevent the Internal Revenue Service from knocking and have the company ready in case they do. The IRS vigilantly watches for deductions and expenses that do not align with the taxpayer's income. Keeping accurate books will ensure that the IRS [...]

As the end of the year approaches, there are steps that business owners can take now to reduce the amount they spend on their 2010 tax bill. Barbara Weltman recently interviewed several CPAs and tax attorneys in order to compile a list of tax advice for an article on American Express' OPEN Forum. One rule [...]

Often, small businesses only have a few physical stores where customers can go to purchase their products, making ecommerce a vital tool for reaching a larger customer base. Online shopping has become increasingly popular and is establishing its place among the American retail sector as shown by the relatively new tradition of Cyber Monday, the [...]

Matt Mickiewicz, who began his entrepreneurial journey at 14 years old when he launched his first startup, recently commented on how he overcame the top three challenges he faced when starting a company. In an article for Entrepreneur magazine, Mickiewicz shared some of the lessons he learned from beginning a new venture. One of the [...]