The modern university is an amazing amalgam of talent, facilities, knowledge, money and energy. Students are almost universally ambitious. Faculty is experienced and keen to see their student charges succeed in their chosen fields. College administrators are excited to leverage their facilities and resources in ways that drive institutional reputations and endowments. This is the perfect confluence of opportunity and assets for innovators seeking to commercialize their novel business concepts.
The goal driven inventor, entrepreneur or small business candidate might not possess the knowledge or necessary skill sets necessary to immediately commercialize their plans. But they recognize their shortcomings and are fully committed to working, studying and researching their way toward gaining that knowledge.
What does a portable business mean? It is the opportunity to be your own boss, work when you want and how you want and work on your own terms and in your own location-with the ability to pick up and go whenever you want to. It’s the ability to follow your own agenda and not follow after someone else’s agenda.
Opening a business is a big undertaking. In addition to all the decisions about start up costs, products and services, marketing and other critical elements, you also need to think about the legal aspects. One fundamental decision that may well bridge across all those factors is naming your business.
The power of numbers – Many would say businesses are built by concepts, products, services, sales, marketing and the discussion continues. A successful business is built by the power of numbers. You will save yourself a tremendous amount of time, money and effort by beginning with this formula as one of your foundational questions to answer. Here are a few examples of why the power of numbers is the driving force behind building a successful business…
So you left your comfy corporate safety net to start your own business. Well alright, maybe you didn’t have a choice. Does going back to work for somebody else appeal to you now? Not quite that bad? That’s good! How many times have you changed your website offer to lure more contacts? How many inquires do you get that go nowhere? Are you disheartened by your progress? Not yet huh? That’s even better! How many hours have you spent trying to create that perfect image? Have you been burning the…
Driving your business often revolves around increasing your business’ efficiency. Here are some tips to help increase efficiency and overcome a few common challenges every business faces.
New tax law changes for 2013 – including new tax rates and changes to existing tax credits and tax deductions. The most tangible change that will be felt by most of you will be the increase in the Social Security Tax from 4.2% to 6.2 %. What this means in dollars and cents is most of your paychecks will be reduced by two percent starting January 1. The Medicare tax of 1.45% – the other FICA tax, has remained unchanged along with the employer’s share of FICA going forward.
People buy from those they know, like, and trust. How can you help them get to know your business? How can you build their trust?
As one of the world’s fastest growing business centres in the Middle East, Qatar in particular comes as a surprise to many of its visitors and investors in that a huge percentage of the population is created by expats rather than indigenous people. Because of this, it’s highly likely that you’ll actually end up dealing with other professionals from overseas more often than Qatari nationals – although when it comes to obtaining the necessary sponsorship for your company formation, Qatar locals will form an essential part of that process. With…