The difference between pyramid schemes and Ponzi schemes is in the methodology. Pyramid schemes rely on multiple levels of investors, each promising exorbitant returns to the succeeding level, whereas Ponzi schemes feature a central figure who promises exorbitant returns to all investors.
Tags: ponzi, pyramid, scam
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Posted: 3/6/2012 | Comments (0)
Small businesses need web presence-plain and simple. A lack of internet presence will no doubt keep potential consumers from finding your business.
Tags: business listing, local search, ezlocal, blog, social media, twitter, facebook, linkedin, measure results, website, statistics, small business
Posted: 4/1/2010 | Comments (0)
Entrepreneur and music extraordinaire Yevgeniya Lepskaya has overcome many challenges to open up her own school of music in Park Ridge, Illinois. I recently interviewed Yevgeniya and asked her about her challenges, successes, motivation, and small business advice.
Tags: yevgeniya lepskaya, yevgeniya lepskaya school of music, music, roosevelt, park ridge, il, challenge, business, entrepreneur
Posted: 3/24/2010 | Comments (2)
Small business owners assume the role of leader once they start their business. As the head honcho, small business owners have to have control over all aspects of the business while still being a leader. Can a small business owner be TOO much of a leader?
Tags: small business, leadership, control, anxiety, vacation, work, majority, business, leader, small business owner
Posted: 3/24/2010 | Comments (1)
Many businesses use blogs to communicate with their consumers, relate to people in their industry, and to keep the world up-to-date with their latest developments or news. But many of these blogs aren't correctly structured, used, or utilized. Do you want to run your business blog into the ground?
Tags: small business, business, blog, rss, keyword, meta tag, contact, admin, comments, feedback
Posted: 3/22/2010 | Comments (1)
It's the middle of tax season and April 15 is right around the corner. Is your small business ready? Check out a few tax tips!
Tags: taxes, irs, green, children, startup, costs, finance, business, entrepreneurs, check, examine, losses, small business, cash payments, kyle durand, kpdurand, legal
Posted: 3/12/2010 | Comments (0)
We use "people skills" each day during every interaction with others. Follow these Ten Commandments for People Skills in the Workplace.
Tags: people skills, workplace, work, communication, rapport, complain, smile, listen, appreciation, names, gossip, above and beyond, interrupt, confidence, assess
Posted: 3/4/2010 | Comments (1)
An industry is defined by Princeton as, "the people or companies engaged in a particular kind of commercial enterprise." It is important to know specifics about your industry for many reasons.
Tags: small business, common mistakes, industry, participants, distribution, competition, buying patterns, trends, entrepreneurs
Posted: 2/26/2010 | Comments (0)
Starting a business takes time, and lots of it. When you have a great idea, there's no time to lose. Start acting to launch your business is immediately.
Tags: timeline, starting a business, entrepreneur, to do, how to, operations
Posted: 2/11/2010 | Comments (0)
You only have one chance to make a first impression. For a retail store, the storefront window is your first impression. Here are a few guidelines on how to design for your front window.
Tags: recognition, logo, business name, window, store, retail, enticement, unique, product placement, storefront
Posted: 2/8/2010 | Comments (0)
Are you a new small business owner? Many of the common problems novice entrepreneurs make can be easily avoided. We'll pick out the top five problems and analyze why they are an issue, and what can be done to prevent you from making the same mistakes.
Tags: small business, mistakes, entrepreneurs, business, finances
Posted: 2/4/2010 | Comments (0)
Public relations, marketing, and getting the buzz out about a new location for your business is important. But how far is too far? One of America's Best Companies' biggest arch nemeses tries to post up in their headquarters, and are generating the buzz by creating an imaginary community group to gain the upper hand in a city struggle.
Tags: wal-mart, chicago, chamber of commerce, chicagoist, pr, kevin robinson, mini, campaign, failing, marketing, public relations
Gen Yers are hard to reach as a whole, yet one of the largest markets to make purchases. The best way to market to Generation Y is to not market to them, instead, establish a connection.
Tags: generation y, business, marketing, connections, cost, quality, experience, authentic, endorsed, friends, social media, apple, ipod, red bull
Posted: 1/29/2010 | Comments (1)
With high hopes for the economy in 2010, contribute to your small business' hard work for success this year by abiding these three resolutions.
Tags: small business, progress, reviews, prioritize, wasting time, habits, procrastinating, 2010
Posted: 1/13/2010 | Comments (1)
The House and Senate Health Care Bills are VERY different on very important issues that all Americans, especially small business owners, need to be aware of. Here is a simple breakdown of various topics in both the House and Senate health care bills, as well as some FAQ about what this means for small business owners.
Tags: health care, house, senate, bill, obama, legislation, faq, taxes, small business, penalties, cost, employer requirements, payroll, incentive, tax breaks, national reform, americans
Posted: 1/7/2010 | Comments (2)
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