By Alexis Garrett Stodghill Most entrepreneurs start with an idea, or a love a particular industry. Having relied on their bosses to focus on the details of keeping their place of employment in order, many are at a loss when setting up their own companies. Bryan Janczko understands this scenario completely. As a small business […]
(Huffington Post) — Like so many other Americans who’ve turned to entrepreneuship, I decided to start a home business and start selling the pique assiette mosaic art I’d been designing as a hobby. The first move was to load up on supplies — getting more plates on eBay, colored grout, tile cement and gloves from […]
(Wall Street Journal) — New businesses are the most important source of new jobs, researchers say. And that’s just counting people who are on the payrolls of firms that get counted in official job statistics. According to a paper that Small Business Administration economist Ying Lowrey is to present at the American Economic Association’s annual meeting in […]
(Reuters) — 1. Crowdfunding –Kickstarter popularized the idea of crowdfunding, which is when a large group of people help fund a project or business through a cluster of small donations. Kickstarter began as a new way to help artists get projects off the ground. In return for funding, donors receive goods or services, or even […]
(Entrepreneur) — The tax preparation service provided by a reputable CPA or enrolled agent is likely the least risky method of filing your taxes. The cost can generally range from $250 to $600 per tax return which depends on the financial complexity of the business and the CPA or enrolled agent’s experience level. Since you […]
(Crain’s) — The Economic Development Corp. announced a loan and assistance program Tuesday that it says will help solve a basic supply vs. demand problem plaguing the city’s affirmative-action contracting: government construction projects that prioritize hiring minority- and women-owned businesses sometimes find that qualified companies remain in short supply. A City Council report in September […]
(Wall Street Journal) — Some business incubators—programs designed to support early-stage companies—are going niche, specializing in industries like fashion, food and design, to focus on entrepreneurs in emerging fields or areas that require expensive resources to get started. Business incubators have traditionally supported start-ups in a mix of industries like health care, energy and telecom, […]
(Entrepreneur) — Option 1: Seek Strategic Financial Investors. This can be an option worth exploring if you can find an investor (i.e. angel investor) or group of investors (i.e. venture capital fund) that are interested. In this instance, you will be giving up some equity but these financial investors are generally very helpful. They offer […]
Birame Sock has snagged the likes of Whole Foods with an alternative to paper receipts.
(Black Web 2.0) — A few weeks back, ChubbyBrain and their parent company CB Insights invited Black Web 2.0 readers to try out the beta version Funding Recommendation Engine (FRE), it’s latest product. FRE allowed users to search for potential investors using an algorithm based on the amount of funding required by the entrepreneur, location and experience […]
(Black Enterprise) — How often have you thought about starting your own business only to have a doubt creep into your mind and keep you from taking any action? Well, here are two reasons you don’t have to worry about when you’re thinking of taking the leap and becoming an entrepreneur. You think you can’t leave your job: “Look […]
(Huffington Post) — Three years ago, when it was clear that my job at an Internet startup wasn’t going to lead to the type of career opportunities I once thought, I decided to go into business for myself. While I didn’t have a lot of examples of black women Internet entrepreneurs to model my career […]