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Businesses in trouble can reap benefits by displaying humility – but the rules differ for family and non-family firms. Across the United States, both family-run and nonfamily-run businesses have Read more |
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By Edd Staton and Cynthia Staton on Tue Mar 18 2025
Inspirational stories of people who started businesses they love after their first careers ended. EDITOR'S NOTE: This article is part of The Great Unretirement, a Next Avenue initiative made possible Read more |
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Beliefs about success, responsibility, and value creation are not formed in isolation—they are echoes of the time and place in which business owners grew up. Entrepreneurs don’t just wake up one Read more |
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By Theodore L. Waldron, Jeffery S. McMullen, G. Tyge Payne, Oleg Petrenko and James C Wetherbe on Mon Mar 10 2025
Knowledge, reputation, and personal ties can also be leveraged and weaponized, setting the stage for clashes and disruption. Power, the capacity to influence outcomes positively or negatively, is Read more |
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By Mallika Mitra on Tue Mar 04 2025
In many parts of the country smaller startup companies make outsized contributions to local economies. EDITOR'S NOTE: This article is part of The Great Unretirement, a Next Avenue initiative made Read more |
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By Carmen Cusido on Wed Feb 26 2025
Carmen Del Guercio's second act was inspired by a personal desire to address food insecurity. EDITOR'S NOTE: This article is part of The Great Unretirement, a Next Avenue initiative made possible by Read more |
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By Tanya Marcum on Wed Feb 19 2025
LLC, Partnership, S-Corp…Your choice will impact your taxes, management, liability, and more. Here's a primer. People start business ventures for many reasons. They might want to be their own boss, Read more |
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Frank Knight’s work, though written over a century ago, provides insights for navigating the unpredictable world of entrepreneurship. EDITOR'S NOTE: This article was produced in partnership with Read more |
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To attract investment, be realistic about the risks, but present a compelling vision that excites potential supporters. EDITOR'S NOTE: This article was produced in partnership with Strategic Read more |
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By Phil Greenwood on Tue Jan 28 2025
Like profit sharing, it aligns company objectives and employee interests, but with more frequent rewards and a focus on operational improvements rather than company profits. Aligning employee Read more |