All The Entrepreneurial Mind
- Small business vs. big business: The divide widensAt the national level, the natural tensions that exist between small businesses and larger corporations has been heightened significantly since the election, Cornwall writes.
- 4 tips for small business owners in a weak economySmall business owners are uncertain about the future of the economy, Cornwall writes, but there's opportunity even in a bad economy.
- Making strong business partnershipsDysfunctional partnerships are a major source of business failure, Dr. Cornwall writes, whether it is the result of open conflict or because a partner has lost heart.
- Beware of misdirection in debate on taxesNo tax increase on the super-rich will even put a small dent in the US tax shortfall, Dr. Cornwall writes.
- Budgeting for entrepreneursWhile setting budgets may seem like a relatively simple process, it can profoundly impact on the culture of an entrepreneurial firm, Dr. Cornwall writes.
- The future of small businesses in Obama's second termWith Obama's reelection,聽entrepreneurs can expect higher taxes, inflation and increased regulation, Cornwall writes.
- For small business owners, the recession continuesCornwall lists several key elements needed for small businesses to get back on track.聽
- Turn off the computer and start your businessEven before they generate their first dollar of revenue many entrepreneurs seem to become obsessed with working 鈥渙n the business,鈥 Cornwall writes.聽It often seems as if they aren鈥檛 able to pull the trigger and actually launch the business.
- The future of crowdfunding: Crowd-investing?Thanks to websites like Kickstarter, a number of small online donations made by a network of interested parties can fund a new project or start-up. Some believe that this system of crowdfunding can be used for equity investments in addition to donations, Cornwall writes.
- Being an entrepreneur takes gutsBecoming a successful entrepreneur takes thick skin and a lot of bravery, usually developed early on.
- Back to business school: How to teach to today's economy?To help their students prepare for new economic realities in the US and abroad, business school professors must focus on what drives or inhibits entrepreneurial activity, as well as the role of entrepreneurs in shaping culture through how they conduct themselves in their work.
- Small business revenues are the most important predictions you can makeWhen starting up a business, too many entrepreneurs are overly optimistic about how much money they'll make. Here's how to avoid the trap of bad revenue forecasting.
- For small businesses, partnership is keyEntrepreneurs can't do it alone. They need the help and support of a whole host of people, including employees, partners, family members and investors.
- Jobs outlook still bleak for small businessesAs the economy languishes, uncertainty for entrepreneurs and small business owners lingers. The jobs picture for small businesses is not improving.
- Can tax credits help small businesses grow?Investment tax credits are gaining steam among Minnesota lawmakers, but entrepreneurs are less enthusiastic.
- You're a small firm? Don't rush to be big.Don't add a big business structure too soon. Smallness has its advantages.
- Higher tax rates for small businesses may lead to fewer jobsA new study estimated the effects of the policy advocated by President Obama that would allow for higher tax rates for small-business owners starting next year. The study found that such a tax increase would lead to fewer jobs.
- Obama says business success takes a village. But do owners agree?Over the weekend President Obama said that small business success is a group effort. But some small business owners disagree, reminding the President that they are the ones who take the risk to launch the business, who do not get paid if something goes wrong.
- Bad news bears: Small business owners鈥 pessimism bad for AmericaThe NFIB Small Business Optimism Index is down sharply this month. Entrepreneurs have been an essential part of every past recovery.聽 If they are not optimistic they are not going to hire more workers, buy inventory or increase spending.
- Crowding into the Board Room: A new way to investThe newly-approved JOBS Act broadens the pool of people who can invest in small businesses and offers an exciting new avenue for raising money for start-ups, by harnessing the power of the crowdfunding movement.