With the advent of new economy, new buzz words are doing the rounds in board rooms across the world. Angel investment and venture capital are the two words that became popular in the last decade or so. All the businesses, particularly small businesses growing faster than industry rate, need money to branch out in a new field or expand in…
When your personal income is tied up in your personal business, you are better off improving your work habits. By developing good work habits, you will earn the attention of your clients and your peers. The majority of people are procrastinators and time wasters. When you don’t waste your time, you generate income and interest. You should develop a reputation…
A new survey by Yahoo! mall Business finds that many Americans feel that they would never be too old to start a new business. When asked the question, ”At what age do you think it would be too late to start you own business?” 70% of respondents age 45-54 and 72% of those age 55 and above chose the response,…
Women have become the fastest growing demographic of entrepeneurs. A recent study by the Center for Women’s Business Research found that the number of women-owned businesses with no employees grew 18 percent from 1997 to 2004, twice the rate for all businesses without employees. Additionally, the revenue for women-owned firms grew 66 percent, compared with 42 percent over all. It…
The term product signifies either of the two things – goods or services. While it is very difficult to pinpoint ‘pure’ goods or services, most products are sold with a built-in combination of goods and services. We know that airline and restaurants are good examples of combination – food quality has to be at par with services offered at the…
House Bill 2217, designed to help agents determine if the rates insurance companies are charging employers are fair, passed out of the Arizona House of Representatives unanimously. The proposed legislation requires insurance companies to disclose two rate figures to the Arizona Deparment of Insurance:(1) Base rates — the best rate possible for a healthy group of employees and dependents. (2)…
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