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How to Turn Your Hobby into a Successful Business

Recently, I saw this article over at Entrepreneur.com where the author highlighted several people who turned their hobbies into successful mega businesses, and it got me thinking. Aside from these superstars, plenty of people try and fail to make a buck off their favorite pastimes. What’s the secret sauce? Though not every hobby will net [...]

Shelf Corporations: Attractive But Potentially Risky

The internet is rife with offers of businesses for sale. A little research often reveals that some of the most attractive of these offers are shelf corporations.   A shelf corporation is a company that was established and then was “left on the shelf”- meaning that it has been inactive for several years. After a [...]

What to Consider Before Taking the Franchising Plunge

Getting started with a franchise may seem like an attractive, more secure option for would-be entrepreneurs looking to run their own business- especially among those who have experienced layoffs, work reductions, or the inability to find work in the first place. But becoming a franchisee generally involves a considerable investment of time and money, and [...]

10 Profitable Home-Based Business Opportunities

According to statistics from the US Census Bureau approximately half of all US businesses are home-based, and as the ranks of the unemployed continue to swell, this percentage will only get higher. So if the thought of working in your pajamas or “commuting” to your kitchen table sounds appealing then you might want to consider [...]