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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
<p>According to a new study released today by the Ewing Marion Kauffman Foundation, the current national conversation would be more productively focused on creating a favorable environment for entrepreneurship—and particularly high-growth entrepreneurship—because top-performing companies are the most fertile source of new jobs.</p><p>As the American economy continues to send out mixed signals about recovery, job creation has emerged as the country's most pressing economic issue. Not only important for employment itself, job growth also drives recovery in other sectors, including housing. But, while hope for spurring the U.S. economy toward recovery focuses squarely on job creation, policy discussions center primarily on measures that would expand job growth in existing companies.</p>
In making their investment decisions, venture capitalists should bet on the product or process in a company over the management team, according to research from the University of Chicago School of Business. The researchers studied 49 venture-backed companies and found surprising stability of the firms' business models compared to management teams.
This article is a fine overview of the elements necessary for instituting successful change. Key is "human capital management," which means that your people must be a part of the process from the beginning.
A summary of major tax consequences related to selling a business is provided in this article. Issues covered include capital gains tax, tax treatment of individual company assets, and a discussion of state tax obligations.
Business owners and their advisers should carefully plan and take appropriate steps to avoid litigation traps in selling their companies, such as not performing due diligence on potential buyers or signing an ambiguous letter of intent without a counsel's review.
This article, published by a law firm, details the major components typically involved in the buying and selling of a company, including the purchase and sale agreement, confidentiality agreement, and letter of intent.
Jim Collins's Good to Great Diagnostic Tool is for entrepreneurs and organization leaders who are working to improve their professional performance. This tool offers set of worksheets covering four major areas: disciplined people, disciplined thought, disciplined action, and building greatness to last.
This video excerpt features Roger Dawson discussing a common negotiations pitfall known as nibbling and shows how you can avoid falling into this trap before closing a deal.
Many companies go under because of failure of the relationships among the team members. Teams often launch firms without talking about what they want to get out of the venture. This article shows how company founders can better structure their top team relationships to prevent problems down the road.
Hindsight is 20/20, or so the saying goes. It's useful to learn from the mistakes you made in your last venture, but realize that they might not apply to this venture. So, focus on things you can control (not your competition), be passionate about revenue (or hire someone who is), and remember that, as the author points out, "it's easier to keep spending under control than it is to get spending under control."
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