Tuesday, January 12, 2010

Kellogg Entrepreneurship Internship Program (KEIP)

An eight week internship program sponsored by Kellogg's Levy Institute for Entrepreneurial Practice offers entrepreneurs the opportunity use Kellogg students' passion and business skills toward completing critical projects, and offers first-year MBA students the opportunity to experience entrepreneurship first-hand.  As a business owner, you will be matched with an exceptionally talented business student between February and May, and will have their services full-time for 8 weeks in June through early August.

According to KEIP's website, "This program is ideal for start-up companies that can’t afford MBA talent year round but have a need in marketing, finance, strategy, or operations that could be met through an 8 week project involving the Kellogg intern." 

Kellogg’s Larry and Carol Levy Institute for Entrepreneurial Practice is hosting an information session and networking reception for prospective students and host companies interested in participating in the 15th year of the Kellogg Entrepreneurial Internship Program (KEIP) in Summer 2010. Past participating students and host companies will also be on hand to talk about their experience with the program.


Event Details:
Thursday, January 21st
5:15 – 6:15 pm: Information Session
6:30 – 7:30 pm: Networking Reception
Kellogg School of Management, Jacobs Center, Room TBD
2001 Sheridan Road, Evanston IL 60201 (no parking passes required)
RSVP by Wed 1/20 to levyinstitute@kellogg.northwestern.edu

For more information, and to find out if this program could benefit you and your business, see the KEIP website.

Thursday, January 7, 2010

Small Business and Taxes

Small business owners face a different set of tax issues than do individuals. Since many entrepreneurs start out by turning their hobbies into money-making ventures, they don't always realize what the implications will be at tax time. An article in the Small Business section of the New York Times discusses some of the bookkeeping and tax problems you may encounter as your business grows.

There are some resources that can help. Taking accounting classes at a local community college, such as Oakton Community College can be useful. SCORE, Counselors to America's Small Business, offers reasonably-priced workshops and free individual counseling.The IRS provides important small business tax information in its Publication 583.

The Evanston Public Library has some resources, also.  Check out J.K. Lasser's Small Business Taxes, or Tax smarts for small business, or Nolo Press' Tax savvy for small business, to name just a few.