Where'd all the entrepreneurs go?

A new report shows that the number of business formations fell by a quarter last year in the U.S., more than double the average drop around the world. But those getting going are as upbeat as ever.
“What surprised me was that as much as one in four new entrepreneurs in wealthy countries believed that the global slowdown had created more opportunities for their business, not less. This is a significant and interesting group. They are more likely to be young, well-educated and expect to create a lot of jobs for others.”
Jan 14, 2010 7:34 AM

Nashville Entrepreneur Center names board

The Nashville Entrepreneur Center today announced the members of its board of directors. Veteran health care entrepreneur Clayton McWhorter of Clayton Associates will chair the organization, which is designed to provide resources to those looking to start a business. The list of 26 board members — which includes some very well known names — is available at this link. The NEC was formed by the Nashville Technology Council and Nashville Area Chamber of Commerce and launched in September 2009. According to today's news release, funding for the NEC's initial operating budget is nearly complete, and the board will begin screening potential executive director candidates later this month.
Jan 13, 2010 1:47 PM

Must ... be ... optimistic

In digesting the latest NFIB sentiment survey, Belmont's Jeff Cornwall stays true to his New Year's Resolution to take appropriate note of the positive economic data beginning to trickle out. But man, it's hard sometimes.
Jan 13, 2010 7:58 AM

Small biz owners are downcast

The traditional engine of job growth is sputtering in the winter cold. Only one in four small-business owners sees the economy improving while half say it's actually still getting worse.
Jan 7, 2010 12:39 PM

Chin up, small biz

Jeff Cornwall says it's easy to rant and rave, but actively acknowledging the good things happening these days will help us make it to the next boom in better spirits and better shape.
Jan 7, 2010 11:07 AM

Looking for red tape in the wrong place

Sure, community bankers wouldn't mind having to deal with fewer regulators. But it's a heck of lot more important to cut red tape for entrepreneurs and other businesses who are withholding investments that would fuel the job growth we need to bounce back. In the words of the NFIB:
Washington cannot expect small business owners, facing difficult economic circumstances anyway, to commit themselves to investing in new employees or equipment and vehicles without acknowledging and revealing the policy-inspired costs that will be imposed on them. It is all about uncertainty and confidence. Retrenching is not the same as abandoning goals, so retrench. Establishing priorities is not the same as abandoning goals, so establish priorities.
Dec 23, 2009 9:19 AM

Bank lending rebound is six months away

The Capital Spectator gives us a little more perspective on the drop in lending during this recession. Troubling? Yes. Logical? Also. On its way to surging back? Not yet. SEE ALSO: Jeff Cornwall on entrepreneurs' biggest problem during this downturn.
Dec 21, 2009 9:03 AM

Team looks like market VU nanotech drug technology

Milt Capps reports on the budding efforts by a group of scientists to commercialize some interesting nanotechnology used to better target and dose pharmaceuticals.
Harth expressed confidence that Revalida's ability to "tailor" drug delivery to support a wide range of drugs that require "very sustained and very constant rate" of administration will soon lead to significant progress in such fields as chemotherapy for cancer patients.
Dec 17, 2009 7:40 AM

Wanna be an optimist on the entrepreneurial climate?

Jeff Cornwall has your 10-point antidote outlining why small businesses could struggle in coming years.
Dec 15, 2009 11:49 AM

Gallatin firm No. 9 franchiser

AllBusiness.com has compiled its 2009 list of the country's top franchising concepts and home restoration business ServPro checks in inside the top 10, 15 places higher than a year ago. What's likely even more satisfying is that a big regional competitor, ServiceMaster, ranks almost 50 spots lower. Other Middle Tennessee companies in the top 300: Tasti D-Lite and Oreck's retail arm. Check out the full list here.
Dec 11, 2009 9:58 AM