There have been some great posts contributed by students to the Inside Entrepreneurship Blog recently! Please browse the summaries below and click the link to any of the full articles you are interested in.
Magic Internet Money is the Future of Businesses by Alec Shields: Does cryptocurrency have the potential to transform today’s reality and how the world does business? Many believe so! More than 2,300 US businesses accept Bitcoin as a form of payment, according to a late 2020 estimate. This post explores the advantages a business gains when choosing to use cryptocurrencies for business transactions.
Dropshipping Awareness by Anthony Austin: Entrepreneurs everywhere have benefited from the growth of E-commerce since they can sell goods and services with far more efficiency than ever before. While many models of E-commerce business practices exist, dropshipping has emerged as one of the most popular and attractive ventures for new entrepreneurs. Dropshipping seems straightforward but it isn’t as simple as many entrepreneurs believe. This post explores some of the common legal risks that come with dropshipping.
The Most Valuable Secrets Must Be Kept Secret by Madeleine Kuhns-Baione: Startups that do not utilize Non-Disclosure Agreements (“NDA”) are at higher risk for financial instability or failure. Even if an entrepreneur feels that they can trust others, utilizing NDAs is one of the easiest yet most effective ways to protect a business. This post explores the benefits and enforcing mechanisms of NDAs.