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How's this for an old spin on a new invention? In-person crowdfunding events. Rather than head to websites like Kickstarter or IndieGoGo to appeal to the crowd for cash to launch a business or fund a specific project, some organizations are now giving entrepreneurs an opportunity to land funding in [...]
Innovation isn't just about the end result. It's also about the experience. The concept of co-creation has been around for years. In the late 1990s, authors Joseph Pine and James Gilmore dubbed it the "experience economy," in which consumers buy experiences rather than goods or commodities. Large firms like Lego, [...]
Entrepreneurs are known for being early adopters. But when it comes to certain kinds of crowdsourcing, large corporations are out ahead of entrepreneurs, according to David Bratvold, founder of Daily Crowdsource, a San Diego, Calif.-based website, which offers news, research and guidance on crowdsourcing to large corporations. Leaders from companies including Walmart, [...]
The Internal Revenue Service has made a new option for how to calculate your home office space deduction that is easier than it has been in the past. Yes, that’s right, the IRS made something easier. Many small-business owners have a love-hate relationship with the home-office deduction. It can be a great [...]
As the drumbeat for immigration reform grows louder, several bipartisan groups of Senators are putting their weight behind individual components of the reform that explicitly benefit entrepreneurs. Wednesday, Senators Mark Udall (D, Colo.) and Jeff Flake (R, Ariz.) said that they plan to reintroduce the Startup Visa Act. The Act, which was [...]
Entrepreneurs could benefit from a new research and development tax credit that has been proposed by bipartisan lawmakers in Congress. If it passes, the tax credit would bring serious savings to startups that spend money on innovation before they have turned a profit. Dubbed the Startup Innovation Credit Act of 2013, the bill would allow [...]
If it were up to small-business owners, lawmakers' No. 1 priority would be reducing the U.S. deficit. The national debt is expected to shrink to $845 billion this year, or 5.3 percent of gross domestic product (GDP), according to a report from the Congressional Budget Office out this week. In the next [...]
A slew of imminent automatic federal spending cuts is hanging like the sword of Damocles over Washington right now. But if this series of U.S. government spending cuts, called a sequester in political-speak, actually happens, there could be ramifications to your business. Republicans and Democrats in Congress are deadlocked over how to [...]
As Facebook continues to enhance its fan page options, businesses are not only struggling to keep up with the changes, but they also are still trying to figure out how to brand and market their pages. Because of some of the changes, strategies you used just last month to increase your "likes" [...]
Brian Solis is known to many in the tech scene as a man about town. He's a social media connoisseur, speaker, author and is currently a principal analyst at the research firm, Altimeter Group. While his first book, Engage, covered how brands and businesses can use social media to build communities [...]
You've just added a status update to your Facebook business page, and, so far, you've received 57 Likes and about dozen comments on both the blog post it focuses on and the Facebook status update itself. The question is, how long is this online euphoria going to last? Will your [...]
It's the thing a lot of social media naysayers fear most: "What do we do when someone says something negative about us?" It's what keeps most businesspeople off social media in the first place, failing to realize that people are already saying negative things about them right now. Believing people aren't talking [...]
