From the category archives:

Small Business

Two Things Small Business Owners Should Do Now

September 14, 2009
Photo by aussiegall

When you first opened your business, growth seemed inevitable, right? You found a recipe for success and you stuck to it. You advertised, you networked and you worked very hard to produce a quality product or service that people need.
So why does it seem that while your efforts haven’t changed your business isn’t growing? Whenever [...]

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A Stake in the Heart of Small Business

July 15, 2009
Photo by mugley

It is undisputed that the majority of job growth comes from small businesses.
Logically, one would think that the best strategy in the current economic environment would be to help the small business owner.
However, the TARP bailout funds have been lavished upon major banks, who used the money to improve their balance sheets and pay bonuses [...]

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Who Will Run Your Business After You’re Gone?

June 25, 2009
Next in line for the throne

Many of my clients have spent decades building businesses right alongside raising families. They’re entrepreneurs, and I love that about them.
For as much calculating thought as they put into running successful businesses, many have never put any into who’s going to run the place after they are gone – whether by retirement or death.
They haven’t [...]

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Cut Benefits or Jobs? You Pick!

May 27, 2009
Photo by Stephen Edmonds

Check out another trend that our small business owners are suffering under.  Do you cut jobs or do you cut benefits?
The recession is pounding on the small business community.  It is ugly, and will get uglier this summer.
The newspapers are not reporting it. I doubt you will ever see this in the New York Times, [...]

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Small Businesses Being Crushed By Bank Credit Crisis

April 27, 2009
bailoutburger

I have heard this over and over from small business owners: The banks are pulling out of the small business market.
Lines of credit are being rescinded left and right. I am aware of several cases where the bank called the small business owner and said, “We are pulling your line of credit.”
It did not matter [...]

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Small Biz Owners Skipping Salary in Bad Economy

April 24, 2009
Photo by craigfinlay

The Wall Street Journal published an article about business owners scrambling to stay afloat in the tough economy by skipping their own paychecks, sometimes for months at a time.
Those interviewed for the story already had cut staff, dipped into personal savings, reduced their own salaries and renegotiated bill payments with suppliers. Have you had to [...]

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What Parents Need to Know About Joint Tenancy

April 3, 2009
Joint Tenancy

When most of you bought your first home, you probably signed a deed as a joint tenant next to your spouse’s signature. That’s the way your parents and grandparents did it, and the real estate agent told you it would to protect the surviving spouse from probate court after one of you dies.
It’s not unusual [...]

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Stimulus Should Focus on Helping Entrepreneurs

February 26, 2009

Good intentions or not, the $787 billion stimulus package our government recently passed can’t create the momentum I believe is necessary to carry this nation through the current economic crisis into renewed prosperity. President Obama’s strategy to save existing jobs is a noble endeavor, but the funding package does very little create new ones.
This really [...]

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