Zoomerang is Internet Survey Market Leader

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Zoomerang is the market leader ahead of other Internet-based market research survey service providers EZquestionnaire, KeySurvey and Survey Monkey. Zoomerang offers a large e-mail database that can be tailored to its client’s survey needs, while its competitors do not. A CNNMoney.com report describes how Konstantin Guericke, the co-founder of LinkedIn, an online networking tool for professionals, used a Zoomerang survey to poll LinkedIn clients, and determine that 80 percent wanted him to add a search function, compared with 50 percent voting for the addition of photographs. All of the on-line surveys mentioned above are easy and less expensive than phone surveys, but do-it-yourselfers run the risk of creating a poorly designed survey, or misinterpreting the results.

Angel Investing Explained at Wharton Club Event

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Angel investors want entrepreneurs to demonstrate that they can “build someting and sell it,” Ellen Sandles, Executive Director of the Tri-State Private Investors Network, told the Wharton Club of New York. Angel groups are more forgiving (than venture capitalists) of a not-filled-out management team, but would rather pass on a deal than invest in a company that is at risk of running out of cash before breakeven is achieved.

NY State Ranks Near Bottom in Small Business Survival Index

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New York state ranked 44th amonth the 50 states in terms of policy environment in the 2005 Small Business Survival Index released by the Small Business & Entrepreneurship Council. Raymond Keating, chief economist for the council, and the survey’s author told the “Westchester County Business Journal” that “politically, New York has a big-government philosophy, which leads to high income and property taxes. The costs of the state’s policies are real and obvious, but it appears the policymakers talk themselves into ignoring the consequences of the economic choices they make.” South Dakota, Nevada and Wyoming ranked at the top of the 2005 index, with the most small business friendly policy environment.

How to go about Obtaining Private Equity

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Writing for the New York Enterprise Report, Beth Polish enumerates these tips for those looking obtain private equity for their companies: 1) Wait until you’re really ready, 2) Prepare yourself and your company, 3) Identify the right target investors, 4) Conduct a two-way courtship, 5) Negotiate like a pro, and 6) Don’t wait to finance your company until you’re running on fumes.