Posts by Edwin Bevens
Midweek Reading: Brexit, Human Labor, and New Ideas
Last week’s Brexit vote has been the top headline in every news source; here, economists and business leaders discuss how it will affect small businesses and entrepreneurs. While automation is becoming a bigger factor in the overall economy, human labor is becoming a mark of luxury, a sign of the personal touch in a world…
Read This ArticleMidweek Reading: Audits, Vacations, and Innovation
The IRS is finding that audits are an ineffective way to close the “tax gap” with small businesses, and in 2015 recouped its smallest total from audits in 13 years. A survey found that two-thirds of small business owners think taking a vacation is good for their business, but only 25% actually did so. Google…
Read This ArticleMidweek Reading: Ditching Reviews, Firing Customers, and Emptying Shelves
Online reviews are more and more prevalent, and yet often trusted less and less. Some businesses are actively working to undermine the system, while others embrace it with all its absurdities. Sometimes you have to fire the customer. Here’s how to identify which ones are a problem, and how to handle the situation. The bookstore…
Read This ArticleMidweek Reading: Ali, Women in Business, and Sustainability
The late Muhammad Ali shared his thoughts on leadership, and the most important traits for leaders, in his memoir written with his daughter. The Good Work Institute provides entrepreneurs with unexpected advice: slow down and focus on sustainability and fundamentals, not explosive growth. Nearly 1 in 15 working-age adults has a past felony conviction, massively…
Read This ArticleMidweek Reading: Vets, Nice Guys, and the Sharing Economy
The SBA helps teach the basics of being a business owner to veterans, service members, and their spouses through the Boots to Business: Reboot program. Nice guys can finish first, as a wide range of studies has found. More people are familiar with companies like Uber and AirBnB than the actual industry they’re a part…
Read This ArticleMidweek Reading: Capital and Crowdsourcing
Head of the US Small Business Administration Maria Contreras-Sweet talked in an interview about the importance of improving entrepreneurs’ access to capital. People have turned to the crowds for help raising money, and now small businesses are going to the crowds for help making business decisions, using crowdsourcing to replace the focus group. The new…
Read This ArticleMidweek Reading: Names, Pharmacists, and Injuries
A good business name matters, so avoid these four major business name mistakes, including difficult spelling and ambiguity. There are nearly 300,000 licensed pharmacists working in the US, many still with independent pharmacies holding off the national chains. This interview with an independent pharmacist looks at the challenges of the business. According to an extensive…
Read This ArticleMidweek Reading: Consultants, Authenticity, and Typos
With more entrepreneurs using crowdfunding campaigns to fund their businesses, a new industry of crowdfunding consultants is popping up, helping with 12% of Kickstarter projects last year. Many studies are coming out showing the power of emotional intelligence in business—but they are complemented by studies showing that it must be accompanied by authenticity, being genuine.…
Read This ArticleMidweek Reading: Big Orders and Self-Help
When entrepreneurs get their first big order from a national retailer, it can create new challenges with producing at a much larger scale and more complicated logistics. As more and more people get out of the traditional work model of having a job that reports to a boss, self-managing time and productivity is increasingly important—and…
Read This ArticleMidweek Reading: YouTube, All-Stars, and Luck
Small businesses are reaching out to YouTube influencers and stars to feature their products or services, drawing attention and recognition. When you have an all-star employee, what should you do to retain their services when they likely have other opportunities? Professor Robert Frank argues that luck plays a much larger role in the course of…
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