Online shopping last year was up 55 percent over the previous year for holiday shoppers as many time-crunched Santas and gift givers tried to save themselves time and money online. Many of us running online businesses run into the same scenario that brick-and-mortar stores face this time of the year--Black Friday!
The term offshoring is now commonplace in American business. It's unclear how many jobs have moved abroad, but Bureau of Economic Analysis figures cited by USA Today estimate that "from 2000 to 2005, U.S. multinationals eliminated as many as 2.1 million jobs, while adding 784,000 abroad."
Even if it's bullet points on a napkin, a business plan lays the groundwork for success...
When Rob Kaufelt bought Murray鈥檚 Cheese in 1991, the Greenwich Village cheese shop was a mom-and-pop hole-in-the-wall known mostly to the locals...
Lately, more and more franchise companies are converting a significant number of their company-owned units by selling them to franchisees...
How to brand and sell a product is rapidly changing as consumers increase their commitment to sustainability, wellness and social media. Today an unprecedented 85 percent of American consumers have purchased an eco-friendly product...
Do you really know your banker? Many entrepreneurs who are asked this question respond by naming their bank, not their banker. As an entrepreneur, your business will benefit if you have a personal relationship with your banker.
Say you started a food website. Nothing radical there. Say you started a food website that held weekly recipe contests, like a global county-fair cook-off. Say you raised the stakes and told the cooks that winners would have the glory of being published in your next cookbook.
Every tenant picks up the newspapers and reads that landlords are underwater on many of their buildings as vacancy rates increase and rental rates decrease. Smart tenants will find out they cannot outsmart or finesse their landlords.
People often believe that green products are a niche. There is some truth to this, but more and more businesses are breaking out of the niche and going mainstream. Here's how they're doing it, and what it means for your business.