Small towns and areas with declining populations have fought for years to increase industry and employment. One of the economic development strategies being used today is to locate businesses that are for sale, select ones that match the special natural resources of your area, and support local business people and entrepreneurs in buying those businesses…
How’s business? If it has stalled out, or if you just aren’t satisfied, you may be ready to reexamine your passion. From Entrepreneur.com, brought to our attention by Be Excellent. The first step is to sit down and determine your “best and highest use” or BHU. Your particular BHU stems from your unique talents and…
Fourteen women micro-entrepreneurs across rural Nebraska will receive a cash equity award from the Center’s Rural Enterprise Assistance Project (REAP) Women’s Business Center. The equity award winners were announced at the Women in Business Benefit banquet on March 29, 2006 in Lincoln, Nebraska in correlation with Women’s History Month. REAP is one of 15 Local…
We end our failure quotes where we began: “I cannot fail; I can only learn and grow.”— Larry Wilson Change your mindset. Treat failure as necessary and extremely valuable. Don’t beat yourself up for false starts, near misses or even wide misses. Learn and grow. Thanks for following our feature on failure and success. We…
Luke Anthony is opening a new law firm, right after completing law school. Plus he’s moving from Tulsa to Stillwater. And he’s documenting the whole process at an interesting blog, OklahomaSolo. To me, Stillwater isn’t exactly small town, but we’ll bend the rules! small biz rural entrepreneurship Stillwater Oklahoma law
How do you decide to expand your business? How can you tell if the fit is right, and if this expansion really makes sense? I talked with a potential entrepreneur yesterday. He is having trouble settling his business idea down to just one thing. With so many market opportunities available, he found his new business…
This is a critical topic for rural small businesses: avoiding mistakes when selling to friends, family, or people you know. Cristian Dorobantescu is a young entrepreneur in Romania, learning and sharing some lessons that apply to all small businesses. Right now, he’s dealing with this very topic. His list of mistakes includes: You don’t make…
60 Second Ideas Blog has a terrific idea to share: Capitalize on being local, where ever you are. We’ve talked about the “my hood” craze before with Hook’em Profits and more recently with “Turn Your Neighborhood into a Fashion Statement.” Is there really “no place like home?” As we saw with Brooklyn’s Neighborhoodies, identifying with…
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