Of the 28.8 million small businesses in the U.S. 19 percent are family-owned. As that type of business grows and evolves, it begins to benefit from the many generations running the day-to-day operations. Here are five ways a family business can benefit… Continue reading
Most family business consultants talk about the nitty-gritty finances of running an enterprise successfully. But to Tom Hubler, a St. Paul, Minn.-based pioneer in family business consulting, it’s all about “soul.” A former therapist, Hubler is a foundi… Continue reading
There’s something romantic about the term entrepreneurship, especially when you’re considering starting a second act. The chance to be your own boss and spend your time doing work you love may seem enticing. But it can also be reckless. “For those who … Continue reading
At the national Encore.org conference I just attended in Los Angeles, focused on ways people in the second half of life can make the world a better place, I was struck by what I heard at one particular session. “There has to be a demand in the marketpl… Continue reading
Rob Lachenauer, a partner and CEO at Banyan Global Family Business Advisors in Boston, says there’s one thing that makes family businesses different from all others. “In a non-family business, you can quit your job and it’s usually a career enhancing m… Continue reading
There’s something compelling about a “Best Places” list that’s tough to resist. And as someone who often writes about entrepreneurship, I was doubly intrigued by the new LendingTree ranking: The Best Cities for Baby Boomer Entrepreneurs, which compared… Continue reading
Leapfrog is the title of a clever, helpful new book for women entrepreneurs by Nathalie Molina Niño, CEO and founder of BRAVA Investments. Niño’s company invests in startups and supports businesses that can prove “they are creating a measurable economi… Continue reading
Dell Gines, the author of an intriguing new report from the Federal Reserve Bank of Kansas City, Black Women Business StartUps, loves this quote attributed to Reid Hoffman, co-founder of LinkedIn: “An entrepreneur is someone who will jump off a cliff a… Continue reading
Women entrepreneurs who have trouble raising capital for their ventures and managing the month-to-month cash flow often find business credit cards especially helpful. A business credit card provides you a credit line, and, if used prudently, can help y… Continue reading