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According to a study by the National federation of independent business, the most common source of new product ideas for small business startups is prior work experience.
The National Federation of Independent Business (NFIB) is an association of small businesses in the United States. It is headquartered in Nashville, Tennessee, with offices in Washington, D.C., and all 50 state capitals. The goal of NFIB is to advance the interests of small businesses. The NFIB supported America's Small Business Tax Relief Act of 2014, a bill that would mostly affect small- to-medium sized businesses, to retroactively and permanently extend from January 1, 2014, increased limitations on the amount of investment that can be immediately deducted from taxable income. The bill would return the tax code to its 2013 status and make the change permanent.
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