In case you missed it this has been National Small Business Week, and I’ve been celebrating on Twitter. Every day this week I’ve Tweeted ways to celebrate small business — both yours as well as others in your community.
This week is National Small Business Week! While we’re always singing the praises of small-business ownership here at Synergy, we’ll be taking this opportunity to share “50 Ways to Celebrate National Small Business Week” on our Twitter feed every day this week. If you’re not following us on Twitter yet, our handle is .
Synergy Business Services invites small-business owners to join us for a free Webinar hosted by best-selling author John Warrillow, “How Sellable is my Business?” Tuesday | May 22nd | 11:00 AM to 12:00 PM EDT
It seems like we’re at a fork in the road. On the one hand, there are some positive signs that the economy has recovered from the downturn of 2008. At the same time, the unemployment rate and housing market can’t seem to manage more than a limp, Europe’s sovereign debt crisis is still headline news and banks continue to behave badly. It’s precisely because we’re at this inflection point that we see a lot of business owners hitting the eject button. If you’ve been thinking of selling your business, here are seven reasons to get out now.
I guess it should come as no surprise that in over two years of business blogging for the New York Times my most popular post had almost nothing to do with small business.
I recently ran across a YouTube video called The Secret Powers of Time. Behind the clever animation is the voice of Philip Zimbardo, a social psychology professor at Stanford who explains that how we view time — our orientation within six human time zones — affects every aspect of our lives. Our perspective on time influences who we are, how we view relationships and how we act in the world.
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the future.
Most owners have a dream of running their business for their working career, finding a buyer and then riding off into the sunset with no other planning. But without proper planning, the notion that your business is all it takes to get to retirement is usually a myth. Josh Patrick, financial planner, offers some strategies that will help ensure that you can afford to leave your business.
How long do we routinely drive through a place before we stop and get to know it? For me, the answer is about eight years. That’s how long I’ve been driving West on Highway 412 – usually on my way to Tulsa – and zipping through one small stretch of Siloam Springs, Arkansas without much more than a glance.
One of my first posts at the New York Times was titled “Buying a Business Instead of Starting One.” I illustrated the reasons for buying an existing business by telling the story of a business owner named Sam. At the end of the post, Sam is revealed to be none other than Sam Walton — founder of Walmart Stores, Inc. — who bought a Ben Franklin variety store in 1945 and turned it into the world’s largest retailer.
