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The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only nonprofit organization comprised of the world’s most promising young entrepreneurs. The YEC recently published #FixYoungAmerica: How to Rebuild Our Economy and Put Young Americans Back to Work (for Good), a b Read More

Even if you plan on living on ramen while building a new company, you’ve got to have a little cash, if only to pay for the ramen itself. One option to get that money is to raise funds from your friends and family.
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A lot of founders work remotely at the beginning of their project. They might still have day jobs or live very far away from each other. Or, like us, they just don’t want to go through the hassle of finding an office. Working remotely comes with a lot of communication problems that can seriously ho Read More

Telecommuting is becoming an increasingly popular approach to working these days, and starting your own business is as popular as ever. Both options mean that you need a place to work of your own, though, because an employer won’t be providing it.

A home office may be an easy option, but there a Read More

When you work with telecommuters, security can be an important issue. Because they aren’t on site, where you can check just what measures your employees are taking to keep files safe, it’s important to make sure that there are policies and tools in place to make sure that your material isn’t going Read More

A blogger’s business plan has to focus on what you need to put into your site to get out the sorts of returns you want.
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The IRS recommends that you keep your tax returns for a minimum of three years after filing. But there are plenty of records that go into preparing a tax return
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When you consider how many small business’ value is based on the expertise of the founder or trust in one particular person, having someone else market that expertise or make promises based on that trust is incredibly difficult Read More

Going green can be a matter of personal choice — of wanting to make your business better for the environment. But going green can also be good business. With the many tax deductions and credits available to business owners, making your company more sustainable can pay off when you do your taxes. Read More

What do you do when a competitor cuts prices significantly? This post says that cutting your prices is rarely the best option and provides some solid alternatives. Read More