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What did the SBA create?

SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, p...

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Knowledge Base

Latest insights and tutorials from the The Global Insight team.

What is the historical significance of Chicago?

The largest city of the American Midwest, Chicago, Illinois, was founded in 1830 and quickly grew to become, as Carl Sandburg’s 1916 poem put it, “Hog But...

How much money do candy machines make?

The national average revenue for gumball machines, according to Vending Times Magazine, is $1 per machine per day. So a single head candy machine will yie...

Who was on the Apprentice Season 1?

Bill Rancic The Apprentice – Season 1/Winners Who started the apprentice first? producer Mark Burnett The Apprentice was created by British television pro...

What percentages of new businesses will fail in the first 5 years of operation?

Data from the BLS shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% d...

Can you start a business on a tourist visa?

Nonimmigrant Business Visa Options Individuals usually think the B-1 Business Visitor Visa, is the most suitable option for a person wishing to start a bu...

How do you qualify for venture capital?

Venture Capital Financing Requirements: What Venture Capitalists Want proprietary intellectual property. a large market size. management team members with...

What is the greatest advantage of managing your own business?

Managing your own business typically allows you much more control over your work than when working for an employer. Business operators usually make all cr...

What term is defined as a person who risks their capital in organizing and running a business?

A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known...

How much does a cheap mannequin cost?

Budgeting for Your Mannequin Price A mannequin price can range anywhere from $200 to upwards of $1000. The price depends largely on the material used to m...