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Government Shutdown Stifling Small Businesses

by Tiffiny Fayerweather | Oct 12, 2013 | Business Planning, Economics

by John Arensmeyer – Founder and CEO, Small Business Majority Any time disaster hits, people want to track and quantify the damage. What was the financial impact of a hurricane, how many jobs were lost because of the financial collapse, how many homes were...

What Does An Employee’s Vacation Cost?

by Linda Fayerweather | May 27, 2013 | Business Culture, Business Management, Economics, Employee Management

Wanting to be a good employer, we often make decisions without thinking of all the costs and benefits to our organization.  The two main reasons to give vacations are:    To reward longevity!    To allow employees time to refresh and get recharged! I am reminded of...

The Danger of Market Timing and Selling Your Business

by Linda Fayerweather | Dec 4, 2012 | Business Culture, Economics, Selling

The other day, I was speaking with a successful business owner in her late fifties who runs a retail operation with over 40 employees.  Even though she was tired and feeling very burnt-out, she was planning to wait another three to five years before selling her...

What Your Birth Certificate Says about Your Exit Plan

by Linda Fayerweather | Nov 20, 2012 | Business Culture, Business Management, Business Planning, Economics, Selling, Uncategorized

As a business owner, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what research has shown:  Business owners between 25 and 47 years old  Twenty- and thirty-something business owners grew up...

How Nimble is Your Business?

by Linda Fayerweather | Oct 30, 2012 | Economics, Planning for Business, Trends

One of the most wonderful things about owning a small business is that you can look to the future, see a trend and take off in new directions. . . quickly. Most trends start with a “weak signal” like Ohio autumns start with foggy mornings in early fall – a weak...

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