Archive for the ‘Business Articles’ Category

The Link between Mid-Life Crisis and Entrepreneurship

Thursday, February 11th, 2010

A struggling economy could be improved through individual entrepreneurship. Interestingly, who is today’s leading group of new-business starters? The answer may surprise you. Rather than 22-year olds fresh out of Harvard or Stanford, today’s most prominent group is baby boomer entrepreneurs!

The Entrepreneurship Trends

Baby boomers are generally considered to be the generation of babies born between 1945 and 1964. Although the first wave of this demographic is starting to hit retirement age, there are still millions of baby boomers who are starting new businesses later in life as they approach retirement age, according to the report, “The Coming Entrepreneurial Boom” published by the Ewing Marion Kauffman Foundation.

The report notes that the median age of the average entrepreneur is 39. This sh

Obama report: 95,000 jobs to come each month

Wednesday, February 10th, 2010

WASHINGTON – The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday.

The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package, which it said has saved or created about 2 million jobs.

In a message to Congress, President Barack Obama pointed out that the economy he inherited was losing 700,000 jobs each month.

“I can report that over the past year, this work has begun. In the coming year, this work continues,” Obama said in a letter he sent to the Capitol attached to his economic update to lawmakers. “

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Queen’s Centre for Business Venturing Announces Canada’s Best Small & Medium Employers

Wednesday, February 10th, 2010

Survey reveals employee engagement at an all-time high among winners

Kingston, ON – Fifty organizations from across the country have been selected as the Best Small & Medium Employers in Canada in a study released today by Queen’s Centre for Business Venturing (QCBV) at Queen’s School of Business in conjunction with Hewitt Associates, a global human resources consulting and outsourcing company. Canadian organizations with between 50 and 399 permanent employees are eligible to participate in the ranking.

“Despite the challenging economy over the past year, employee engagement among the fifty organizations selected as the best rose to the highest level seen in the study’s six-year history,” said survey co-ordinator Einar Westerlund, director of project development at QCBV. “This refle

Offaly and Cork hotel opportunities

Tuesday, February 9th, 2010

Two hotel development properties have come to the market — one in Co Offaly and the other in Skibbereen, Cork.

Strawberry Hill is an attractively restored seven bedroom property on 52 acres near Cloghan village, Co Offaly. It has a €2.5m price tag.

Its vendor, Gerry Brennan of Ballymount Fireplaces and Marbleworks, formulated plans to extend the property into a hotel and spa. Agent Orla Gleeson & Associates say these plans are available for prospective purchasers.

The othe site,in Skibbereen, extends to six acres on the western edge of the town. It has full planning permission for a 100 bedroom hotel to include restaurants, bars, and spa. T

Toyota’s resale value, reputation fall from heights

Tuesday, February 9th, 2010

Laura Benin poses with her 2009 Toyota Corolla LE outside her home in the Queens borough of New York, Saturday. AP Photo

CHICAGO — Toyota is losing value by the week. Kelley Blue Book dropped the resale values of recalled Toyotas for the second time in four days Monday, leaving them as much as 4 percent or $300 to $750 lower than a week ago, depending on the model.

Recalls and a slow response to safety questions have put a dent in the market value of cars long seen as money in the bank for their owners.

As values drop and safety issues keep surfacing, the world’s No. 1