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How to Start a 501(c)(3) Nonprofit Organization
You might be wondering why there are so many nonprofit organizations in the U.S. The IRS requires compensation packages for nonprofit executives (and other nonprofit employees) to be "reasonable". Fortunately, the IRS doesn't define reasonable. There are legitimate, charitable organizations whose executives make $250,000 and more. More ...

22 Books Every Ambitious Business Owner Should Have on Their Bookshelf
Some of the world's top CEOs and executives read 4-5 books per month. So today, I thought it would be a perfect opportunity to share some of my all-time favorite books with you. More ...

What is a Niche and How to Use it to Build Your Home Business
If you are researching the opportunities for starting a home business, then you have heard the word "niche" or "niche marketing". For those of you who are unfamiliar with Internet Marketing, this is what a "niche"is on the internet. More ...

Seven Steps to Setting Up a Home Business Budget
A Budget is nothing more than estimating costs and income. It is your task to review your budget from time to time and adjust it based on real numbers. The real numbers are the actuals you get from your business. The budget is the estimation of your costs and income. More ...

Four Deadly Mistakes to Avoid Before You Start Your Own Business
On the internet there seems to literally be a business opportunity everywhere you turn. What 99 percent of people don't realize is that, YES, there is a ton of money to be made online IF you know where to look. I want to share with you a few secrets and tips to avoid before you start your own business. More ...

How to Find and Analyze the Right Franchise Opportunity
A Franchise System can be a very effective way to open and operate a small business, especially for those without a lot of experience. However franchises are expensive, So it's very important to have a solid due diligence process in place to determine if a particular Franchise Opportunity is right for you. More ...

Small Business Success Tips - Training
Staff training is absolutely vital to the success of a small business. Some small business owners throw a new employee into the deep end of the pool to see if he can swim. This produces a ineffective employee. How formal should you be in your training? More ...

The Mom Inventors Handbook
I'm the type of person who is continuously annoyed (just ask my wife). I get especially annoyed when something that should be dirt simple turns out to be a royal pain in the butt. A wise person would look at each annoying incident as an opportunity to invent something to solve a problem and get rich. More ...

How Crowdfunding Sites Work
Crowdfunding is social networking asking a crowd of people online to donate money for a specific cause, or project sometimes promising them a cut of the returns or various other rewards. More ...

How to Name Your Business
This book takes inventors from idea development to marketing and sales covering everything from prototype development, getting patents and trademarks, finding funding, manufacturing, licensing and distribution. Here's what the author says about naming your business. More ...

Accounting Terms - The Essence of Account
This article explains the basics of accounting: double entry principle, The T-account, and sdjusting entries. More ...

Five Things You Need To Remember Before Starting a Small Business
Everyone knows someone who has decided to go into small business but did you know that 70 percent of all small businesses fail within the first 12 months of operation. In some countries that failure rate is as high as 85 to 90 percent. More ...

Small Business Success Tips - Planning
The first trick to small business planning is to plan for the positive. Trying to anticipate and prepare for every possible obstacle is a negative and self-limiting approach. The only necessary plans are those that will lead to success. More ...

Business Model Generation
The Business Model Canvas can be used to develop a business model or it can be used to gain an understanding of the strengths and weaknesses of an existing business. Into each box of the model you can enter a detail of your business model. More ...

What Business Should I Start?
The fact that you may be shy or adverse to risks, or that you hate selling, doesn't mean you can't be a successful entrepreneur. To determine your entrepreneur type, the book provides a 54 question test. More ...

What to do When You receive a Bad Check
Many people try to save time and work by filing a crime report regardless of why the check didn't clear. It's very important to determine why a check didn't clear before deciding on a course of action. More ...

Minispreadsheet to Calculate Cost of Acquisition
Acquisition cost of equipment means the total cost of acquiring the equipment. Use this minispreadsheet to calculate Total Acquisition Cost. More ...

Small Business Success Tips - Networking
Networking bears a striking resemblance to a barter system. You earn credit by helping as many people in your network as you can to fulfill their needs, and then when you have a need, all those people in your network will help you. More ...

Important Information When Considering an Invention Promotion Firm
Think you have a great idea for a new product or service? You're not alone. Every year, tens of thousands of people try to develop their ideas and commercially market them. Many use the services of an invention promotion firm. More ...

How to Create Multiple Income Streams
So you've decided you just can?t rely on just one job to provide you with your main source of income and have decided you need another source of income. Now, you need an idea. Take advantage of your passions, hobbies or unique skills. More ...


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