Thinking about selling your small business? Now may be the right time to contemplate selling — or at least considering an exit strategy. Amid COVID-19, studies have shown that the majority of advisors see today’s market as a seller’s market for businesses valued between $2 to $5 million. Small businesses in essential industries, such […]
by Deborah Sweeney Happy National Farmers Market Week! This year, the week-long event falls between August 2nd through August 8th. Farmers markets, particularly amid the pandemic, are playing an extra-special role in the lives of people everywhere. During the early months of COVID-19, grocery store chains struggled to keep fresh produce and essential items in […]
by Deborah Sweeney Amid the COVID-19 pandemic, small businesses are gaining in popularity — and formation. The Kauffman Foundation’s Trends in Entrepreneurship Series notes that Google Trends reported an increase in searches related to new business opportunities. By March 23, 2020, interest peaked in searches for “open a business,” “new self-employed,” and “new small business.” […]
by Deborah Sweeney In April, I was able to catch a Salesforce webinar on stories of resilience that was co-hosted by Mark Cuban. During the webinar, a listener wrote in to ask his advice for marketing and messaging during this time. His response was simple and transparent: at this specific moment, small businesses need to […]
by Deborah Sweeney | Featured Contributor It’s difficult to know for certain when this — the COVID-19 pandemic — too shall pass. Many small business owners are pivoting their products and services during this unprecedented time. The decision to pivot is doing more than assisting those in need with necessary supplies and relief. It’s helping […]
by Deborah Sweeney Is it ever too late to change the legal structure you initially incorporated as? Not at all. The entity formed for a business at its offset does not need to be its formation forever. Entrepreneurs have the option to change structures that best fit their needs, and many begin as sole proprietors. […]
by Deborah Sweeney There are a lot of entity structures to pick from when you decide to incorporate a small business. It’s easy to struggle with finding the formation that feels like the right fit. Some entrepreneurs may feel so overwhelmed that they decide not to incorporate their startup. Keep calm and always incorporate! Certain […]
by Deborah Sweeney Entrepreneurship isn’t for the faint of heart. Starting a small business means that you get to pursue your passion but takes self-discipline. As an entrepreneur you must also make sacrifices, like careful budgeting and working more hours outside the traditional 9-5 schedule, to reach your goals. However, this investment of time and energy […]
by Deborah Sweeney We’re wrapping up more than the year as 2019 comes to a close. This is the end of a decade, the 2010s, and it’s difficult to fully predict what the next 10 years has in store for small businesses. Many entrepreneurs likely have a plan in place for Q1. They may not […]
by Deborah Sweeney Entrepreneurs are on the cusp of more than a new year. We’re approaching a whole new decade! How exciting is that? As small business owners say goodbye to 2019, it’s crucial that they enter the next decade in compliance. Forgetting to file or update outstanding documents could result in their business falling […]
