For the entrepreneur, New York offers a stable environment, a large economy, and access to one of the world’s busiest regions. Small business owners and professionals in the state don’t expect that to change and are largely optimistic about what the future holds. While New York’s economy has grown slower than the nation as a whole, it remains the third largest in the country at a GDP of nearly $1.4 trillion in 2014, according to the Bureau of Economic Analysis (BEA). That means plenty of business opportunity, both in New York City and outside, where there are large markets in places like Buffalo, Rochester, and Syracuse. New Yorkers are, on average, wealthier than their national counterparts as well, meaning more money to spend on the goods and services small businesses have to offer.
However, the heightened cost of living can prove difficult to manage. Still, entrepreneurs said that if they can overcome the steep expenses associated with payroll and rent, not to mention a tangled web of taxes and fees, operating in New York is an investment that pays off in the end.
As part of
Every product out on the market today started as an idea in someone’s head. From a mobile device to a software platform or a kitchen gadget, most items you can purchase came to life through the process of invention.
The road from concept to finished product can be a long one, and those who travel it often face numerous obstacles and setbacks. But armed with the right information and resources, you can put yourself on the path to bringing your invention to market. Here’s what you need to know to get started.
What you need to do
Turning your idea into a reality is a bit more complicated than just handing your design over to a manufacturer or developer and waiting for the profits to roll in. In an article on Entrepreneur.com, author Tamara Monosoff outlined some of the basic steps you’ll need to take before your product hits the shelves.
Market research. Before you spend a lot of time and money creating a product, you should know if anyone will want to buy it. Look at what’s out there and size up the competition. Do products that
For some job seekers, the phrase “lights, camera, action” is taking on a whole new meaning.
In recent years, organizations are increasingly forgoing traditional in-person job interviews in favor of those conducted online via video technology. However, just because you don’t have the pressure of sitting face to face with a potential employer, that doesn’t mean you should take a video interview any less seriously.
“While technology has sped up the recruiting process and eased the burden of traveling to an interview, job applicants should treat video interviews with the same level of professionalism as in-person meetings,” Paul McDonald, senior executive director for Robert Half, said in a statement. “Putting your best foot forward doesn’t mean just looking and acting the part, but also ensuring that your environment is free of distractions.”
To help job seekers ace their next video interviews, Robert Half offers several tips:
Know your technology: You want to make sure the video platform you are using is working properly, and that you are comfortable using it, before the interview gets started. Be sure to download the platform ahead of time and test out