Earlier this year, I did a blog post on the importance of “Family Businesses in the Economy.” Most of us patronize these businesses, but probably don’t think much about them. Who are the owners? What types of businesses do they run? How successful are they? Prior to retirement, I was part of a group of…
Want to have a successful small business? Then build your network. Comments like this are not uncommon. Good networking is one factor in building a successful, sustainable small-business. Both anecdotal information and research supports such claims. We have written about it previously in this blog when discussing “Networking for Business Success.” Most articles, like this…
It’s already happening. Older business owners are retiring and closing businesses because they can’t find buyers. Universities and business support agencies are scrambling to set up succession planning courses and workshops. Chambers of commerce are making desperate efforts to find buyers. But there’s an unusual option most people overlook: employee ownership. If the business…
I am not a regular television watcher but happened to catch a “60 Minutes” episode recently (http://tinyurl.com/60Minutes-socialmedia). The episode focused on how influencers are marketing using social media. Although I follow and use several social media platforms to help reach small-business owners, most of this information was new to me. But it was not surprising….
“Every one of your Innovative Rural Business Models is illegal!” That was the code enforcement guy at a recent event I spoke at. I just nodded and agreed. Yes, sure they are in some towns or in some circumstances. But so what? Don’t let an outdated law or rule stop a great idea…
When I was a kid, we had a water well at our house. The pump would run long enough to fill up the tank, then shut off. So the water pressure in the house was either all or nothing, kind of like your income. Being self-employed is almost synonymous with wild swings in income. Compared…
Guest post by Steve Dee I’ve been using the Waze app for directions (and more importantly using crowd-sourced information to avoid police traps) since before it was bought by Google. I first started looking into editing the Waze map as a means of routing tourist travelers away from our school’s 15 MPH speed zone….
Jerry Johnson issued a bit of a challenge in the comments, encouraging us all to brainstorm potential business ideas for young rural entrepreneurs. That reminded me of a terrific list of actual student businesses in Norfolk County, Ontario. It’s a list of real businesses started by kids in grades 6 through 12, part of their…
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