Archive for February, 2006

State Business Tax Climate

Tuesday, February 28th, 2006

The Tax Foundation has released their annual report ranking the tax burden and complexity of each State’s tax system.  The best 10 States for business are:

1. Wyoming
2. South Dakota
3. Alaska
4. Florida
5. Nevada
6. New Hampshire
7. Texas
8. Delaware
9. Montana
10. Oregon

The Worst 10 States are:

41. Arkansas
42. Iowa
43. Nebraska
44. Kentucky
45. Maine
46. Vermont
47. Ohio
48. Rhode Island
49. New Jersey
50. New York

Hmmm…sounds like a great reason to incorporate in Nevada or any of the other business friendly states!

via The Entrepreneurial Mind.

Characteristics of a Great Startup Opportunity

Tuesday, February 28th, 2006

From Sam Decker comes the 25 Qualities of a Great Startup Opportunity including:

Defendable and differentiated
Competitive cost structure
Attractive partnership opportunities
Repeat customers
Word of mouth opportunity
Memorable product and name
Potential for PR
Attractive to be bought or merged
Scaleable staff and systems
Scaleable product — build once, sell many times
Uncomplicated

10 Reasons Why Young People are Afraid to Start Their Own Business

Monday, February 27th, 2006

Dave Pollard offers 10 Reasons Why Young People are Afraid to Start Their Own Business and what to do about it.

Carnival of the Capitalists

Monday, February 27th, 2006

This weeks Carnival of the Capitalists is up!

Tips for Choosing the Right Domain Name

Friday, February 24th, 2006

ZillionBits offers advice on choosing the right domain name including:

  • The domain name should be short
  • The domain name should be simple
  • It should be suggestive of your business category
  • It should be unique
  • It should be easy to interpret and pronounce
  • Read more…

    Franchising 101

    Friday, February 24th, 2006

    Jeff Cornwall has a great post about researching and buying a franchise

    How to Buy a Business

    Friday, February 24th, 2006

    Great Squidoo “Lens” on How to Buy a Business from Lawyer Anthony Cerminaro.

    The Single Biggest Small Business Marketing Mistake

    Wednesday, February 22nd, 2006

    John Jantsch writes about the biggest small business marketing mistake.

    FREE Ebook on Starting a Business

    Wednesday, February 22nd, 2006

    Go It Alone: The Secret to Building a Successful Business on Your Own by Bruce Judson is now available online for FREE.  (via the Business Opportunities Weblog)

    Financial Fitness for Entrepreneurs

    Wednesday, February 22nd, 2006

    Great article on this topic here.  Again, the mantra “cash is king” is high on the list.