How did this immigrant entrepreneur parlays his savings, sweat equity, friendship and enthusiasm to realize his dream of teaching American kids to play world-class soccer? Like many immigrant entrepreneurs, Aziz Makhani didn’t need millions of dollars to launch his big idea. To make KickShot, his soccer board game, a reality, he needed less than $50,000 in startup funds. […]
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Immigrants Revitalizing America’s Heartland
While Trump continues his assault on immigrants (from “shithole” countries and all points west – but not north), recent data shows the immense economic value that immigrants from ALL parts of the world have on the U.S. economy. Numerous studies posted by Immigrant Business in the past have already highlighted similar data, but a stunning new […]
Selling to Whole Foods: 6 Steps to Ultimate Success
Getting your product into a huge national chain like Whole Foods is never easy, but the rewards are big if you are persistent. Here are 6 no-nonsense steps to giving you the best chance for success: 1) Check out your local store. Your first assignment is to do a little market research: find out whether […]
8 Great Ways to Build Value in Your Company – And Score a BIG Payoff
Hard work, common sense and a commitment to customer service can build tremendous value in a company – and potentially lead to a very big payoff. Overview Ten years ago, two brothers from South Africa came to America looking to make it in the music business. After studying at Boston’s fabled Berklee College of Music, Gary […]
The Risks and Rewards of Credit Card Financing
Countless entrepreneurs have used credit cards to finance their businesses. But be careful how you use them, there are risks involved. Countless entrepreneurs have used credit cards to finance their businesses because they had nowhere else to turn. Their numbers are growing. According to a recent survey by the National Small Business Association, credit cards […]
4 Can’t-Miss Tips for Financing Your Business
How did successful fashion entrepreneur Eddie Wang raise the money he needed to run Toula, his multimillion-dollar women’s apparel manufacturing business? He slowly built good credit and invested years in building a strong working relationship with his bank. Eddie Wang … slowly built good credit and invested years in building a strong working relationship with his […]
Angel Investors: 7 Essential Questions to Consider
Before you you sell a stake in your business to outside investors, here are seven essential questions you must consider. Most businesses need to raise capital during the early days, but if you don’t take the right steps from the outset, these cash infusions can also lead to disasters, like losing control of the company. […]
How to Find a Loan When Banks Drag Their Heels
After months of searching for financing, one Indian immigrant found funding through Intuit’s Loan Finder. Last year Khush Hans realized he had to do something about his company’s cash flow. Because of rising fuel prices, the customers patronizing his five ARCO gas stations and convenience stores had started to cut back on purchases of higher-margin items or […]
Manage Your Credit to Live the American Dream
Of all the ingredients in a successful business, access to credit is the most frequently overlooked. Credit is, quite simply, the engine that builds big businesses out of start-ups, and makes the American dream possible. “How far your business goes often depends on how well you manage your credit.” Do you have to establish […]
Friends and Family Financing: 6 Things You Must Know
Loans and investments from your biggest fans can be easy to get, but make sure they don’t damage your relationships. It’s not surprising that one of the first places many immigrant entrepreneurs turn for small-business financing help is to friends and family. The folks who know you well may be willing to give you a […]