If you have an adult child asking you for investment capital to launch a new business, you may be strongly tempted to comply. It might be a good investment, or it might not. Either way, a recent article in The Wall Street Journal points out several things you can do to preserve both your capital and your relationship. Understand that most start-up businesses fail within the first few years, so there is a good chance that your “investment” will not pay off, or if it does, it may take longer than you expected. Decide now whether you are making a…
Read More »
The modern office runs on technology, and so too does the modern business, large and small. For the capable entrepreneur, as Reuters reports, mobile technology may even offer the means for a mobile workplace. “Telecommuting” has been around for awhile, though not always favorably (especially by employers). As the internet and mobile devices continue to shrink the globe, however, the process has become a snap and telecommuting has become a more acceptable and more popular way to work. With mobile technology, you can do your work at home, and even run your end of a business there… but why not…
Read More »
Almost 60 years have passed since the last revisions to the patent system, but thanks to a recent Senate decision we may be on the brink of some big changes. The trouble is that if you are an entrepreneur or are an innovative small businessman, you might be coming up short with this reform. As MarketWatch reports, there are a number of changes introduced in the bill even if certain decisions were dropped from the original proposal. The biggest change in the Senate’s overhaul decision is a transition of patent-rights. Whereas patents have always been under a “first to invent”…
Read More »