New York SBDC Research Network

Crowdfunding has a reputation as an accessible way to secure funding for startups and small businesses. It’s quick and easy; just throw up your video, backers start investing their money, and you’re set. Anyone can do it, right? The truth is, it’s far from that simple. For every story of someone whose project went viral and exceeded its goal in the first few hours, there are several from earnest entrepreneurs whose crowdfunding efforts missed the mark. So, why do more crowdfunding campaigns fail than succeed? What can you learn from a crowdfunding failure? I talked to entrepreneurs who’ve made crowdfunding mistakes, and got their perspective on what went wrong with their initial campaigns, and what eventually led them to success. Read more from BPlans

As marketers, we read, think, and talk a lot about Web presence—whether social media, content marketing, search, or other digital medium—and we put a lot of time and effort into perfecting our brand's image, messaging, and positioning. As we should. However, when was the last time you considered "phone presence" during your branding refresh exercises and marketing brainstorms? Traditional telephony may not be one of the first agenda items that come to mind in a content planning meeting, but perhaps it should be. More than half of consumers still prefer to pick up the phone and talk to a person when they decide to interact with a business, according to Actionable Research's June 2014 survey of consumers in the US and seven other countries. That's huge! Also, although soaring smartphone penetration makes apps a viable channel, many consumers still find it more convenient to use their mobile phone to talk with an agent than to peck out their contact information a...

The following list comprises the most distressed industries in the US economy, curated using IBISWorld’s proprietary database. The industries are ranked by the fastest anticipated annualized rate of decline in the number of industry enterprises over the five years to 2020. Operators in most of these industries contend with mounting pressure from disruptive technologies, overseas competition and shifting economic forces. In turn, a pronounced number of companies in each industry have opted to consolidate or end operations entirely. This cursory overview of IBISWorld’s Top 8 Most Distressed Industries demonstrates the qualitative and quantitative application of IBISWorld’s research reports for investors. DVD, Game & Video Rental Industry Projected annualized enterprise decline (2015-2020): -15.1% IBISWorld expects operators in the DVD, Game and Video Rental industry to experience the greatest number of business closures of any industry within the economy over the next five year...

THE way we’re working isn’t working. Even if you’re lucky enough to have a job, you’re probably not very excited to get to the office in the morning, you don’t feel much appreciated while you’re there, you find it difficult to get your most important work accomplished, amid all the distractions, and you don’t believe that what you’re doing makes much of a difference anyway. By the time you get home, you’re pretty much running on empty, and yet still answering emails until you fall asleep. Increasingly, this experience is common not just to middle managers, but also to top executives. More broadly, just 30 percent of employees in America feel engaged at work, according to a 2013 report by Gallup. Around the world, across 142 countries, the proportion of employees who feel engaged at work is just 13 percent. For most of us, in short, work is a depleting, dispiriting experience, and in some obvious ways, it’s getting worse. Demand for our time is increasingly exceeding our capacity ...

Proximity to employment can influence a range of economic and social outcomes, from local fiscal health to the employment prospects of residents, particularly low-income and minority workers. An analysis of private-sector employment and demographic data at the census tract level reveals that: *Between 2000 and 2012, the number of jobs within the typical commute distance for residents in a major metro area fell by 7 percent. Of the nation’s 96 largest metro areas, in only 29---many in the South and West, including McAllen, Texas, Bakersfield, Calif., Raleigh, N.C., and Baton Rouge, La.---did the number of jobs within a typical commute distance for the average resident increase. Each of these 29 metro areas also experienced net job gains between 2000 and 2012. *As employment suburbanized, the number of jobs near both the typical city and suburban resident fell. Suburban residents saw the number of jobs within a typical commute distance drop by 7 percent, more than twice the decline e...

Many companies are rushing headlong into using enterprise social networks to keep up with the Joneses, experts say. Enterprises blindly believe that they should implement social initiatives simply because others have. But they need to determine how social connections can make work tasks more efficient. As a result, companies often fail in their strategies because they haven't put enterprise social projects in the context of how their businesses operate. "There is no app for this." More from TechTarget

Companies trying to decide whether it’s worthwhile to create a friendly workplace could do well to consider this: Companies that employees report to be a good place to work have significantly outperformed the S&P 500 over the past six years. The data comes from Glassdoor Inc., an online job and company information website, which solicits employees to post anonymous reviews of their employers. The employee ratings are aggregated and analyzed to produce an annual list of the best places to work, published since 2008. More from AIER