Who are encore entrepreneurs and what is their relationship with small businesses? Encore entrepreneurs are defined as entrepreneurs that are over the age 55, according to the Spring 2021 “The Megaphone of Main Street: Unsung Entrepreneurs” report presented by SCORE. (Previously, the internet might have referred to these entrepreneurs as boomer entrepreneurs.) An encore entrepreneur’s relationship to […]
Starting Your Entrepreneurial Journey? Follow This Checklist
Do you plan to start a small business in the new year? If so, congratulations—and welcome to the world of entrepreneurship! Launching a startup means checking off a variety of boxes that determine if you’re ready to go into business. From making sure your idea is viable for a startup to incorporating as a business […]
Take These Steps to Form a Non-Profit Business
If you’re looking to form a non-profit corporation, there are several important steps for you to follow. Incorporating a non-profit corporation is often similar to a for-profit corporation, but there are some differences to be aware of. Here are some general guidelines for incorporating a non-profit. Pre-Incorporation Matters Prior to incorporation, you should have a […]
What Can the Winter Olympics Teach You About Getting Your Small Biz in Shape?
It’s almost that time of the year again! Opening Ceremonies for the 2018 Winter Olympics officially kick off on Friday, February 9th in PyeongChang County, South Korea. For the next two weeks, fans from countries all over the world will be watching athletes compete in winter sports ranging from skiing to figure skating and cheering their […]
4 Reasons to Love Complaints
We all know that one person who loves to complain. It feels as though they always have something negative to say about the food, or the service, or whatever they deem sub-par that evening. As much as this type of person may annoy you personally, small business owners should love the complainer. In fact, embracing […]
3 Interview Questions Small Businesses Need to Start Asking Candidates
What was one of the biggest challenges facing small businesses in 2017? According to a report from the 2017 American Express OPEN Small Business Monitor, it isn’t keeping current business nor is it cash flow concerns. The number one challenge to growth — at 26% — is finding and investing in the right staff. The good […]
Why Small Businesses Should Embrace March Madness
We’re midway through March which means we’re fully in the midst of March Madness, the single-elimination college basketball tournament that b-ball fans anticipate yearly. It’s also around this time of the year that the internet sees an uptick in productivity listicles, since the stereotypical sentiment is that employees are too distracted with games and fantasy […]
4 Perks to Being a First-Time Small Business Saturday Participant
It’s good to #ShopSmall. Small Business Saturday may be sandwiched between two of the biggest shopping days of the year (Black Friday and Cyber Monday, respectively), but the holiday continues to hold its own when it comes to supporting small businesses. Want proof? In 2015, more than 95 million shoppers participated in Small Business Saturday […]
5 Partner-Specific Areas to Cover in a Written Partnership Agreement
When you first get your startup off the ground with a partner, it’s easy to feel like you’ll be in it together for the long run. But what happens when the dynamic begins to shift? One person may gradually devote less time and energy to the company, and the other may plan on taking it […]
How to Protect Your Small Business Using Insurance
The world of insurance can be a huge headache for small business owners. Since getting your business off the ground is your number one priority, it may seem unimportant to get the proper coverage in the early days of your business. However, it is imperative to remember that even in the early days of operation, […]