June 17, 2019
It’s time to recognize the facts: The U.S. is in a trade war. Some victims of the war are almost certainly going to be small businesses and small farms. Maybe even yours. Even if your small business does not directly import or export goods, you’re still going to pay and pay big. I’ve got nine steps you should take now to minimize the impact of the trade war.
June 14, 2019
Sandra Payne said she held out for as long as possible before raising her prices. The owner of Denver Concrete Vibrator, which manufactures equipment that strengthens and settles concrete for infrastructure projects, said tariffs finally took a toll on her business.
June 14, 2019
Are you giving your employees what they want? You might think that means, “Am I giving them more money?” Well, you’re probably right to a degree. But according to a new survey this week from Instructure, it’s not money — all the time — that forces employees away from your company.
June 5, 2019
It’s time to recognize the facts: the US is in a trade war. Some victims of the war are almost certainly going to be small businesses and small farms. Maybe even yours. Even if your small business does not directly import or export goods, you’re still going to pay and pay big. I’ve got nine steps you should take now to minimize the impact of the trade war.
June 3, 2019
Nearly 550,000 people become business owners every month, according to the Kauffman Index of Startup Activity. Many of these new entrepreneurs get into the startup space with one goal in mind: selling a business.
June 3, 2019
The boom market in small businesses appears to have reached its peak and is now waning. That’s the finding of a quarterly survey of brokers and advisers who help owners and buyers complete sales of small and mid-size businesses.
May 22, 2019
In 2005, senior finance student Rick Schmitz didn’t know a lot about his future career. But what he learned from internships and classwork was enough to convince him that finance was not what he wanted to do for the rest of his life.
May 12, 2019
City Hall’s growing appetite for Gotham’s business revenues is starving small operators and pushing them to Florida. Exhibit A: In a ranking of small business growth, Miami overtook New York City last week.
April 30, 2019
Starting a business can be tough, especially when it comes to securing capital. Luckily, there is support from the government to help existing business owners grow and new entrepreneurs pursue their first franchise or small business.
April 22, 2019
The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year earlier.
April 12, 2019
For Tyler Deike, entrepreneurship isn’t just a career choice — it’s in his blood. Coming from a family through several generations of entrepreneurs — and as the saying goes, “like father, like son," before even learning to drive, Deike and his brother launched a lawn care service in their hometown of Mankato, Minn.
April 7, 2019
The last U.S. federal government shutdown started on December 22, 2018, and ended on January 25, 2019. The 35 days made it the longest U.S. government shutdown in history. So how did the shutdown affect small businesses during the 35 days?
March 29, 2019
Owning a small business is the American dream -- and with many retiring baby boomers supplying the market with healthy businesses, the dream is alive and well. But how can entrepreneurs make sure their dream becomes a reality that will last?
March 19, 2019
When it comes to starting a new business venture, most entrepreneurs focus solely on how they can get funding. Yet they often do not have a clear understanding of the funding process.
March 1, 2019
When it comes to exiting a business, it's easy for owners to focus on the idea of a big payoff and ignore the details. With the prospect of retirement, investments and debt relief on the horizon, sellers sometimes forget other critical parts of the sale -- like choosing the most qualified buyer.
February 18, 2019
The years-long hot market for businesses may start to cool, perhaps as soon as this year. That’s the finding of a survey of brokers and advisers who help owners and buyers complete sales of small and mid-size businesses.
February 6, 2019
As a high school senior, Joe Jaros was certain of two things: he was a terrible student and he wanted to retire by the time he was 40. Luckily, what Joe lacked in the classroom, he made up for with a solid work ethic.
February 4, 2019
Becoming a household name takes more than just a strong marketing presence. To stand out among peers, business owners must also focus on getting involved in their local community.
January 28, 2019
Small businesses sold at a record pace in 2018 and are expected to remain a hot commodity this year. BizBuySell.com, an online market for small businesses, counted 10,312 sales transaction reported by brokers in 2018, up 4 percent from 9,919 in 2017 and 31 percent over 7,842 in 2016.
January 9, 2019
A new year presents a new opportunity to capitalize on your hard work and sell your business. Luckily, rising sale prices for healthy businesses have presented sellers with a good time to take the leap.