February 16, 2014

In the highly competitive world of Silicon Valley startups, entrepreneurs need more than just a great idea if they want to become the next Google. Since new tech companies require huge amounts of cash to get off the ground, many startups spend as much time fundraising as they do developing products. Fortunately for today’s tech entrepreneurs, attracting a first round of investment may becoming easier for some. Increasingly eager angel investors as well as crowdfunding services have allowed the number Continue reading

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January 31, 2014

In an effort to boost local economies, states and cities nationwide are amending zoning laws to make it easier for entrepreneurs to set up shop at home. For years local governments either banned home businesses outright or riddled them with red tape, such as requiring potential owners to seek approval through public hearings. But over the past decade restrictions have eased, paving the way for home businesses ranging from food makers to music instructors.

Small businesses often drive economic recoveries, Continue reading

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September 1, 2013

Mom and pop vendors at many of the nation’s leading state fairs are having trouble competing with new corporate competition.

https://on.wsj.com/1dks49v

Questions:

  1. What major challenge have small State Fair venders faced in recent years?
  1. What additional challenges do small food venders at State Fairs face?

 

From The Wall Street Journal

 

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July 10, 2013

In the business world, companies aren’t the only ones who are concerned with attracting top tier talent. Governments, too, have a vested interest in either retaining their most skilled individuals or attracting the best from elsewhere. After all, an innovative and educated workforce can only sustain itself by remaining desirable to other capable candidates. For countries like India, this means keeping doctors and engineers local so they can help a homeland in need rather than travel abroad for greater fortunes. Continue reading

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Suggested by Mark Varycki of Hillsborough Community College, this video makes the case for free enterprise as a moral imperative.

 

Questions:

  1. Do you agree with the position stated in the video that free enterprise is the best economic system?
  1. Is it correct to credit globalization and free trade with easing global poverty?

From AEI Enterprises

 

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crowdfundCrowdfunding websites like Kickstarter and Indiegogo have raised hundreds of millions of dollars for businesspeople and artists looking for quick injections of cash. But what has it done for the people who actually contributed to these campaigns? While many crowdfunding drives offer prizes and gifts to their donors, they don’t provide participants with ownership stakes like other methods of investment. That’s why a new wave of crowdfunding platforms are coming on the scene to make this burgeoning financing strategy more Continue reading

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March 25, 2013

 

foamSome products in our society become so commonplace that it can be difficult to remember a time when they weren’t around. The oversized foam finger proudly waved at sporting events across the nation certainly fits that description. But the world had to wait until 1977 for this iconic product’s first iteration. A Texas woodshop teacher named Geral Fauss cut the first big digit out of poster board in anticipation of his high school’s upcoming football game against a heated Continue reading

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February 5, 2013

Although franchising has many benefits, it doesn’t provide much freedom to the franchisees. After all, their primary job is to maintain the brand’s image, which just so happens to be whatever their corporate bosses say it is. They can also fall victim to larger trends that have affected their parent company. For instance, an entrepreneur named Jerry Merrill lost his Baskin-Robbins franchise in 1999, along with 600 other franchisees the company could not afford to keep. Merrill and 34 other Continue reading

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