In my research, I've also found that fewer than 20% of nascent business owners intend to introduce a new product or service, and a simple desire to be your own boss is as frequent a motivation as a new business idea. (I'll leave the policy implications of subsidizing the nonpecuniary aspects of business ownership for another discussion.) Broad-based programs lump all of these very different businesses together.
WSJ: Do Small Businesses Deserve Their Reputation as Job Creators?
The home can be a difficult place to meet customers or clients, especially if you don't have an extra room or an appropriate place for a business discussion.
We were at the Johannesburg Stock Exchange for a panel discussion on the topic "Africa is open for business" - an opportunity, it was hoped, to steer this hastily re-arranged tour back towards its intended theme of promoting trade and industry.
The panelists had a lively discussion about best practices for choosing business partners.
FORBES: Entrepreneurs On Business Partnerships: Work With Someone You Know
At a small business discussion I raised my usual cure-all for what ails India, truly letting Wal-mart into the country.
The male politicians, business executives, editors, and scriptwriters who set the tone for public discussion usually felt that wives not working was simply better.
In the small business discussion, Joe Stiglitz I think presented an economic case for how credit markets can fail and deny even good borrowers credit, and put forward some specific ideas about how we can get credit moving again.
WHITEHOUSE: President Obama Closes Forum on Jobs and Economic Growth
The Forum for New Diplomacy features leading figures in politics, business and civil society in discussion with senior editors and columnists from the International Herald Tribune and The New York Times about emerging dynamics in global affairs.
Left out of this discussion is a crucial feature of corporations and other large business enterprises: limited liability for owners and executives.
For that to happen, they need to be part of the discussion when and where business is planned and executed.
FORBES: How To Turn Consumer Insights Into Profitable Action
For a discussion of what causes an activity to rise to the level of a trade or business, see Part 1 of this overview.
FORBES: Overview Of The New 3.8% Investment Income Tax, Part 2: Passive Activities
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