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Black Friday and Cyber Monday...Will They Rock?

The oddsmakers and forecasters are already at work calculating how much we'll spend on Black Friday--the day after Thanksgiving--and Cyber Monday, the Monday following the holiday weekend. In our internet age, these two days form the official opening the Christmas shopping season and usually are a strong predictor of how much shoppers will buy for the holidays generally. This season there's a few new wrinkles--aside from the economy--so it'll be interesting to see how it plays out.  read more...

Comment | Posted under: Growing Your Business, Small Biz News, Online Biz, Money, Ideas

Obama's Small Business Forum Examines Lending Logjam

obama-biz.jpgYesterday, President Barack Obama held a small-business financing forum to discuss what more should be done to help break the lending logjam small business owners have experienced the past two years. Before it even began, Obama was being criticized for keeping the guest list under wraps. Interested parties such as the American Small Business League issued a press release about their displeasure with not getting an invite. Others, including the International Franchise Association president/CEO Matthew Shay and Indiana Statewide Certified Development Corporation executive Jean Wojtowicz, got a ticket to the ball.

But while many squabbled about the timing, the format, and the lineup of speakers, the bigger question is: With Goldman Sachs, Warren Buffett, and JP Morgan Chase stepping up lending to small businesses, does small business still need this help? read more...

Comment | Posted under: Money, Small Biz News, Ideas, Growing Your Business
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Business Spotlight: The Dish's Dish

dish.jpgGrowing up in Cincinnati, Ohio, Jill Donenfeld cherished the time spent with her family around the dinner table every night. Those times inspired her to launch The Dish's Dish--a customizable, health-conscious home chef service.

When Donenfeld moved to New York City to attend Barnard College she simultaneously immersed herself in the City's vibrant culinary scene. Just three days after graduation she began writing her business plan.

After garnering quite the following in NYC and the Hamptons, The Dish's Dish went bi-coastal in the fall of 2009--offering its services to Los Angeles residents too. Now only 25, Donenfeld's mission is to cultivate personal satisfaction and healthier living through home cooking.

Entrepreneur recently sat down with Donenfeld to chat about pursuing her passion, creating a brand and her decision to expand in the middle of a down economy. read more...

Comment | Posted under: Ideas, Success Stories

How Will You Celebrate Global Entrepreneurship Week?

global-ent-week.jpgA sort of We Are The World moment for young entrepreneurs happens this week--the second annual Global Entrepreneurship Week. Founded by busy U.S. business-stimulators the Ewing Marion Kauffman Foundation and U.K.-based Make Your Mark, the week aims to bring together young would-be business owners from around the globe to learn and get inspired to make their business dreams a reality.

In 90 countries around the world, events will be held to mentor, teach and stimulate the next generation of entrepreneurs. More than 3 million people are expected to participate in over 5,000 events. read more...

Comment | Posted under: Ideas, Success Stories, Startup, Small Biz News

Credit Card Transactions -- Could They Be Free?

credit-card-trans.jpgIf you had told me a decade ago that I could pay $40 a month for all the phone calls I could make coast to coast, I wouldn't have believed it. I used to routinely have $250 phone bills. But now, as a reporter who frequently needs to call all over the country, I am a prime beneficiary of the new all-you-can-eat calling plans.

What if credit cards could work the same way for small businesses--a flat fee per month for all you can charge? In a thought-provoking article on the retail-tech/e-commerce site Storefront Backtalk, Focus Brands vice president of information technology Todd Michaud opines that there could be. The credit-transaction business, he argues, is ripe for a disruptive new model that would radically lower costs for merchants. read more...

3 Comments | Posted under: Money, Ideas

Can LinkedIn's Connection Limit Hurt Entrepreneurs?

When contributing writer Carol Tice wrote about the ROI of networking online, comments from readers revealed their uncertainty over the value of sites like Twitter and Facebook. So when LinkedIn--a site specifically designed for networking purposes--changed its user policy to limit the number of connections a person could have to 30,000, Entrepreneur.com investigated its potential effect on small-business owners and entrepreneurs.

Can LinkedIn's recent cap hurt entrepreneurs? Pick a side.
read more...

9 Comments | Posted under: Social Media, That's Odd, Ideas

Tomorrow's Living-Wage Jobs

Last night I was watching the HBO documentary Schmatta: Rags to Riches to Rags, which chronicles how Jewish and Italian immigrants created the New York garment district soon after the turn of last century, and built it into the largest employer in the city. It goes on to show how, after more than 70 years of being a thriving source of good-paying union jobs, it all disappeared as trade protections ended and NAFTA ushered in a new era of global free trade.

The film repeatedly asks the questions: How will we rebuild the American middle class? Where will tomorrow's living-wage jobs come from? read more...

2 Comments | Posted under: Ideas, Small Biz News

Get a Holiday Sales Boost

nw-ent-network.jpgIf you're a retailer who sells online, and you'd like to give your sales a free, end-of-season boost, you might want to join in on the second annual Free Shipping Day.  

Created last December on a whim by Luke Knowles of free-shipping coupon site FreeShipping.org, Free Shipping Day was designed to help retailers on the last day when virtual shops can guarantee delivery before Christmas. Apparently, online shopping starts to decline around Dec. 12, as customers get nervous about whether packages will arrive, and Knowles thought this might help keep the online sales going. read more...

Comment | Posted under: Marketing, Ideas, Growing Your Business

Twitter Contest Lets You Pitch VCs

nw-ent-network.jpgIf you're hoping to connect with venture capital firms to pitch your company story, a new contest may help--but you'll need to be ready to catch a plane to Seattle.

This year at Northwest Entrepreneur Network's signature networking event, Entrepreneur University, six lucky companies will get to make their pitch before a media panel and conference attendees. How do you qualify? A Twitter contest.

read more...

Comment | Posted under: Money, Small Biz News, Ideas, Growing Your Business

Prepare for the Worst-Case Scenario

worst-case-cover.jpgMost of us believe there's no way to prepare for Murphy's Law but wouldn't it be nice if you could? Enter The Worst-Case Scenario Business Survival Guide, a guide for surviving the most dangerous business situations.

This isn't some thick theory heavy business text. Instead, the authors David Borgenicht and Mark Joyner have teamed up to provide a step-by-step guide for dealing with five core business emergencies: finance, HR, productivity, sales and marketing and executive. read more...

Comment | Posted under: Startup, Money, Ideas
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