How to Prepare to Sell Your Business
A friend of mine, Wendy Volhard, recently sold her pet food business, Volhard Dog Nutrition. Since I’ve been writing about entrepreneurship for women over 50 lately, the passing of Volhard’s baton got me thinking about the question of how women should prepare to sell a business. And that led me to speak with Matt Hansen, a Certified […]
The Launch Book’ Author’s Tips for Women Entrepreneurs
Sanyin Siang, author of the excellent new book, The Launch Book: Motivational Stories to Launch Your Idea, Business or Next Career, radiates a sense of possibility for women entrepreneurs. After reading her book, I Interviewed Siang, 43 (who’s executive director of the Fuqua/Coach K. Center on Leadership & Ethics at Duke University and has served on […]
How Freelancers Benefit From The New Tax Law
En español | Last year’s major tax overhaul shook things up for freelancers, gig workers and sole proprietors, who now are starting to wonder about how the new law will affect their taxable income for 2018. For the most part, the tax law will help many freelancers — from bloggers to caterers to tutors. While deductions for real estate taxes […]
Family Matters for Panda Express Owners
At the entrance to the Rosemead, Calif., headquarters of Panda Restaurant Group, the parent company of Panda Express, Panda Inn and Hibachi-San, the artist Robert Indiana’s “LOVE” sculpture was recently unveiled. The 12-foot-high multi-million-dollar installation, with those four bright red letters made of aluminum, perches atop a fountain of flowing water. It was a private […]
Female Entrepreneurs: How to Get Certified as a Woman-Owned Business
Getting certified as a woman-owned business takes grit and tenacity. But it can potentially help land women entrepreneurs more business opportunities and government contracts. “It’s a grueling process,” said Michele Burchfield, co-founder of Blume Honey Water, a Pittsburgh-based company, when describing getting her business certified by the Women’s Business Enterprise National Council (WBENC), the largest certifier […]
Tips for Women 50+ Eager to Start a Business
Nearly every week, I get an email or a call from a woman interested in starting a business and looking for advice. Generally, she’s over 50. Often, I suspect, she’s frustrated by a job hunt and has decided “what the heck, I have something I’ve always wanted to do and maybe the universe is trying […]
The Psychology of Wealth: How Much is Enough?
Thomas Gallagher, 72, is a multimillionaire, but he is still nervous about money. “I have more money than I had ever imagined, but I still worry — do I have enough, if I live longer than I thought?” When Thomas Gallagher was 17, he worked as a clerk on the floor of the New York […]
Simple Steps to Starting a Home Business
Running your own business from home has a real charm to it. You’re your own boss. Your working hours are flexible. Costs are low since you don’t have to pay rent on a brick-and-mortar office. And there’s no need to ask permission from anyone to, say, walk your dog when the spirit moves you. That […]
Say Hello to Alice, the Siri for Female Entrepreneurs
Robin Bylenga, 52, the founder and owner of Pedal Chic in Greenville, S.C., is the epitome of a smart, successful female entrepreneur. Before opening her women’s cycling and athletic boutique in 2010, she worked for a bike shop to understand prospective customers. She invested $500 for a tiny inventory of women’s biking apparel that she spun into […]
Best Retirement Plans for Small Business Owners
My dad was a small business owner whose engineering and consulting firm provided a solid income for him and supported our family. When he realized none of his four children were going to take over the business, he sold it at age 70. Dad didn’t have a retirement savings plan per se — the sale […]
