Latest Stories for November, 2004

 

Emotion Key to Acquisitions of Small Businesses

The Wall Street Journal recently issued a special section on small business. An article by Li Yuan (requires subscription) caught my eye, on the critical difference between buying a small business and buying a larger business. The article profiles Pete Pike, who started a nursery business in…

PowerBlog Review: Patent Pending

Editor’s note: Can it possibly be the forty-first in our regular weekly series of PowerBlog Reviews of business weblogs? Yes, it is! This week’s PowerBlog Review is about the blog Patent Pending. Or, as the full title describes the site, “Patent Pending – Inventions and…

Why the U.S. Presidential Election Doesn’t Matter

Recently we had the opportunity to interview small business expert, Andy Birol, www.andybirol.com. Andy is the author of “Focus. Accomplish. Grow… the Business Owner’s Guide to Growth.” He is also a noted small business coach, consultant and speaker who has been interviewed…

Information Technology Spending Trends

In 2004 small and medium businesses (SMBs) spent an average of 6.6% more on information technology than in 2003. In 2005, spending will grow again, but not quite as fast — 4.8%. That’s according to Forrester Research in a survey of over 1,000 IT decisionmakers. Here is the breakdown…

Just Say No to Taxpayer Money for Venture Capital

In a previous article, I pointed out Guy Kawasaki’s humorously blunt advice about venture capital. I stressed this point: very few companies are good candidates for venture capital funding. This is precisely why I do not support the continuation of the U.S. Small Business…

Venture Capital: The Illusion of Easy Money

I am reading Guy Kawasaki’s The Art of the Start. For anyone who doesn’t know, Guy Kawasaki is a venture capitalist and managing director of Garage Technology Ventures. This is a snappy book filled with street smarts about startups. It’s set up so that it is easy to read a section…

The Boom in Translation Services

Globalization and foreign trade are driving tremendous growth in translation services in the United States and some of its trading partners. And that spells opportunity for small businesses here and abroad. For instance, China’s translation industry is booming. In 2003 it accounted for…

Small Fry Retailers Gain Popularity

BusinessWeek has an insightful article by Amy Tsao about the comeback of smaller specialty retailers. As it turns out, news of their death at the hands of Wal-Mart was greatly exaggerated: Wal-Mart’s influence over shoppers “has peaked,” says Zandl. Maybe consumers need to go…

PowerBlog Review: Ripples

Editor’s note: Welcome to the fortieth in our regular weekly series of PowerBlog Reviews of business weblogs. We’re very pleased that this week’s PowerBlog Review is being guest-blogged by Wayne Hurlbert. Wayne Hurlbert is an expert on business blogging who edits the popular…

Does the Weak Dollar Help US Small Businesses?

As these things tend to happen, you’re just cruising along. And then one day it seems like everyone is talking about a new trend. That trend is the “weak dollar.” The weak dollar can be good news, bad news or no news for U.S. small businesses. It all depends on whether the…

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