Starting A Business

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Interview with Mint.com Founder Aaron Patzer - Part 2

The buyout by Intuit, and Patzer's new role

Aaron Patzer, founder of the online money management website Mint.com, started his first business-PWeb, a web development company-at age 16 in his hometown of Evansville, Indiana. After graduating from Duke with B.S. degrees in computer science, computer engineering, and electrical engineering, and getting an M.S. degree in electrical engineering from Princeton, he moved to Silicon Valley. There, he worked a short stint at ...

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Interview with Mint.com Founder Aaron Patzer - Part 1

Aaron Patzer's Start-up experiences

Aaron Patzer, founder of the online money management website Mint.com, started his first business-PWeb, a web development company-at age 16 in his hometown of Evansville, Indiana. After graduating from Duke with B.S. degrees in computer science, computer engineering, and electrical engineering, and getting an M.S. degree in electrical engineering from Princeton, he moved to Silicon Valley. There, he worked a short stint at IBM, whe...

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Franchising 101: How to Franchise Your Small Business

By Max Berry

For an entrepreneur looking to take their business as far as it will go, becoming a franchisor may be the ultimate goal. And, since franchisees provide the capital for expansion, a business can grow more rapidly as a franchise than it would through internal funds, equity financing, or bank loans. But franchising a business takes much more than entrepreneurial drive; it requires planning, patience, and, above all, a killer concept.

Are You Ready?
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Start-Up Series: Debt vs. Equity

Start-Up Series: Debt vs. Equity

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Posted by: SBOCTeam, Mar 5, 2010

When does (and when doesn't) a business loan make sense for your small company?

By Reed Richardson

Whether you're a budding entrepreneur looking for seed money or an experienced owner of an established small company seeking to fund an expansion, capital is the fuel that makes small businesses go. When choosing between the two main types of funding-debt vs. equity - there are advantages and disadvantages to each. And, particularly in the current economic cl...

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Business Plan 2.0

Business Plan 2.0

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Posted by: SBOCTeam, Oct 22, 2009

Don't forget to update this critical foundation for your small business

By Max Berry

A sound business plan is the foundation of any successful business, but this particular foundation should not be set in stone. The world changes faster and more frequently now than it ever has before. A successful business needs to keep up, which means employing a business model that can change with the times. Doing things today the same way you did them a year ago probabl...

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Keeping It Real

Keeping It Real

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Posted by: CommunityTeam, Jun 5, 2009

Tailoring your goals and expectations to reality will help you succeed

By Max Berry

A certain amount of ambition is necessary when running your own business. If you aren't expecting a lot from your idea and yourself, it will be hard to deliver much to your customers. But at what point does ambition become a hindrance? If your expectations are too high for one person-or one business-to meet, they may be doing more to hold you back than push you on. Dreams of glory ...

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Business Plans

Business Plans

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Posted by: SBOCTeam, Sep 19, 2008

Do I Need One? How Do I Go About It?

By Christopher Freeburn


You're ready to take the plunge. You have a good idea for a new business. You've done the requisite soul-searching and determined that owning your own business is the thing for you. You've spent some time researching the idea and you've figured out where you will locate the business, who your customers will be and what sort of market exists for the business. Now it's time to sit down and cre...

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So You Want To Have Your Own Business

By Adducent

Perhaps you need to do something new, a change from what you've been doing or you hope to build the financial security you aren't able to find by working for someone else. Maybe you can't find the right job to suit you and having your own business could be the solution. Whatever the reason; if you have the "itch" to have your own business you have two choices:

Do you start a business?

Do you buy a business?

Why ...

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Starting a Business - Part II

Starting a Business - Part II

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Posted by: SBOCTeam, Aug 18, 2008

Do I Need a Great Idea?

By Chris Freeburn

You know you want to be your own boss and run your own business. You've thought it through and asked yourself the hard questions and you are sure that being an entrepreneur is not only something that you find appealing, but something that you believe fits with your personality and work ethic. Now you need to decide what your new business will do.

Some entrepreneurs start off with a great idea. Maybe it's an or...

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Starting A Business - Part I

Starting A Business - Part I

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Posted by: SBOCTeam, Aug 8, 2008

Is My Personality Right for This?

By Chris Freeburn

Many people dream of being their own boss - of setting their own hours, making their own terms, and having the big office where all the important decisions are made. It's a tempting idea, one nurtured by a national culture that prizes the ideal of the rugged individual who strikes out and remakes the world according to his or her vision. And every year, tens of thousands of Americans launch their own businesses,...

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Think Green

Think Green

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Posted by: SBOCTeam, Jul 9, 2008

Opportunities for environmentally sustainable businesses abound nearly everywhere you look.

By Max Berry

Going green is in, but if you're about to start your first business-or even your second or third-building it on an eco-friendly model will help ensure that being green becomes the norm rather than the rage. Here are some real life examples of sustainable businesses to get you thinking green.

Style and Beauty, the Green Way
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7 Steps to Small Business Success

1. Start Smart
2. Plan Ahead
3. Set up Systems
4. Seek out Sales
5. Aim for Growth
6. Leverage Opportunities
7. Plan Your Exit

1. Start Smart.
Identify a niche. Don't compete to be the lowest cost provider. Look for what makes your product or service unique and adds a special value for the client and charge for that value. Every business has many facets. Start with what you know and like; start a business that has meaning to you. Ke...

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Do You Have the Mindset and Skills to be an Entrepreneur?

You probably already know that starting a small business requires extensive research and analysis of many factors. But the one requiring the most critical assessment is often overlooked by many entrepreneurs. And, it's as close as the nearest mirror.

That's because wanting to be an entrepreneur is one thing; being one is quite another. You will take on responsibilities and commitments far different from those of an employee, even if you have management experience. It's a challenge ...

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Mom and entrepreneur are you among the growing number?

According to the Center for Women's Business Research, there are over 10 million firms in the U.S. that are at least 50 percent female-owned.
By Kenyunia Ransom

Women-owned firms employ 19.1 million people and generate over $2.5 trillion in sales. With those numbers growing each year, the number of women who are both entrepreneurs as well as moms keeps growing too.

So are you among these estimated 6.9 million women? It's a 24 hour a day job, you are a mom,...

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Getting Started Part III: The Money Chase

Finding the capital you need to get your business started may be easier than you think.
By Max Berry

You've come up with a business idea; you've done the necessary research and written a sure-fire business plan. Now what's the next step? Finding the money to turn that business plan into reality. There is a wide array of potential sources of funding available to entrepreneurs. Each comes with advantages and downsides.

All in the Family
Friends...

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