Cautioning Advice About Starting A Business After 50
There’s something romantic about the term entrepreneurship, especially when you’re considering starting a second act. The chance to be your own boss and spend your time doing work you love may seem enticing. But it can also be reckless. “For those who choose to jump into the game when they’re 50 years old or older […]
How to Run a Successful Family Business
Rob Lachenauer, a partner and CEO at Banyan Global Family Business Advisors in Boston, says there’s one thing that makes family businesses different from all others. “In a non-family business, you can quit your job and it’s usually a career enhancing move. In a family business, you sure can’t quit your family,” Lachenauer told me. As someone […]
How Entrepreneurs Can Leapfrog to Success
Leapfrog is the title of a clever, helpful new book for women entrepreneurs by Nathalie Molina Niño, CEO and founder of BRAVA Investments. Molina Niño’s company invests in startups and supports businesses that can prove “they are creating a measurable economic benefit that puts more money in the wallets of women.” Her version of leapfrog, though, is […]
How to Choose the Right Business Credit Card
Women entrepreneurs who have trouble raising capital for their ventures and managing the month-to-month cash flow often find business credit cards especially helpful. A business credit card provides you a credit line, and, if used prudently, can help your company navigate through periods of lopsided cash flow. Plus, it can provide you a cushion between […]
Declare Your Independence and Start a Business
One of the best decisions I ever made was to declare my freedom from my full-time job as a columnist for a national newspaper and start my own business as a freelancer. That was my personal independence day, and I’ve never looked back. Since then, I’ve also become an author of numerous books, a frequent […]
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 […]
How to Hire Wisely
One of the toughest things for a small business owner to do is to hire employees. This is true for male and female entrepreneurs, but since I’m writing about the women owners over 50 for Next Avenue these days, I’ll focus on them. I have a strong personal connection to the topic. Even with my […]
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 […]
