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finance

The role that new businesses play in the success of our economy cannot be overstated. According to a recent study by the Kauffman Foundation, job growth in the U.S. is entirely driven by new companies. Using data from the Business Dynamics Statistics, a dataset compiled by the U.S. Census Bureau, the Kauffman Foundation analyzed both [...]

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Should You Scale Your Business?

by Mike Periu on June 7, 2011

in News and updates

My friend Eric* has a problem that many business owners face. He has been running his small business profitably for over five years. He hasn’t achieved much growth on an annualized basis but the company generates sufficient cash flow to give him a comfortable standard of living, keep his eight employees [...]

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Many companies institute polices that help their employees take care of the little distractions in life that can sap productivity. Offering free lunches, complimentary coffee, access to an onsite gym, even dry cleaning pick-up services are far less rare today when compared to 30 years ago. While these programs can help [...]

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Sony has been going through a very difficult time lately. The fallout from the hacker attack which impacted around 100 million consumers will have long lasting repercussions that could hurt the company’s most valuable asset: its brand. An alliance of powerful hackers known as Anonymous were able to infiltrate the PlayStation [...]

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We’ve all heard stories about that guy. He has an idea. He has a little money in the bank. He decides to give it a shot. Fast forward a few years and that guy has a successful company.
Go to the full article: Is The $1,000 Successful Startup A Myth?

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In the workplace, people tend to gravitate towards certain individuals that excel in their performance. In many cases they are charismatic people that make others feel good about themselves, push the organization beyond its comfort zone, and are responsible for a significant portion of its success. Sadly, it’s hard to keep [...]

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Summer is almost here. Most small non-seasonal businesses will experience a decline in activity especially during July and August. This should free up at least five hours per week that can be dedicated to those tasks that seem to sit perpetually on the “to do” list. Many of these tasks can [...]

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Using Robots To Set Your Prices

by Mike Periu on May 19, 2011

in News and updates

If you use Amazon.com, you will be forgiven for thinking that only billionaires read about the genetics of flies. The book “The Making of a Fly: The Genetics of Animal Design” was recently selling for over $23 million (and it’s only a paperback). This of course does not include shipping and [...]

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Nobody enjoys paying income taxes. Most business owners grumble a bit about their tax bills, find legal ways to minimize them and resign themselves to sending the government more than they would like. For some people, this isn’t enough. They look for ways to avoid paying U.S. income taxes even if [...]

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Extremism is pervasive in today’s popular culture. We are almost at a point whereby having an extremist position is the only way to get attention. Cable news channels that take an extreme position (left or right) are doing far better in ratings than those considered to be [...]

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