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For Entrepreneurs And Small Business Owners: How To Avoid Six Big Business Expansion Mistakes
The number of entrepreneurs, family owned businesses and small business enterprises are growing in both Canada and the United States. This article gives you six funding and growth mistakes to avoid whether you are building, selling or passing ownership to the next generation.

Other family owned businesses Related Articles

Small Business Loans for Women
Not only are the number of small businesses on the rise throughout North America, but so too are the number of women-owned small businesses. Female entrepreneurs are rapidly becoming a major playing force in the world economy. In the United States alone, it’s estimated that women-owned small businesses employ more than 27 million people and generate over three and a half trillion dollars for the country’s economy. Taking that into account, one has to then wonder why small business loans for women are still in short supply.

For Entrepreneurs And Small Business Owners: How To Avoid Six Big Business Expansion Mistakes
The number of entrepreneurs, family owned businesses and small business enterprises are growing in both Canada and the United States. This article gives you six funding and growth mistakes to avoid whether you are building, selling or passing ownership to the next generation.

Overcoming Obstacles in a Family Owned Business (Pros and Cons)
Problems and rewards for running a family owned business. A family owned business can be a huge success and can be a wonderful experience for all involved. It is important to consider the obstacles that could arise and determine how you will overcome these obstacles before they occur.

Recession-Proof Lessons of Succession
This article is based on the author’s experience in partnering with a Level 5 CEO who was orchestrating his own succession. This leadership transition represented the first at this level since the 153-year-old company became an employee owned business in a buyout from the last family owner. The company became employee-owned after 140 years of family ownership, growing more than 10 times in 10 years following the transfer of ownership. They have sustained more than 10 years of consecutive profitability as a privately held organization. Today, they generate revenue of more than $1.5 billion with over 2,500 employees of whom more than 300 are stockholders.

Family Businesses Face Unique Challenges: What Makes Them Different?
In matters of cash flow and marketing, a family-owned or closely-held business is the same as any other small business. But family-owned and closely held businesses also they have significant differences, especially when it comes time to talk about retirement, resale, or transitioning the business to the next generation. Here were some key points noted by the Family Business Institute on what makes family-owned businesses different:

MomPreneurs: Resources Available for Women-Owned Businesses
The National Women's Business Council, which advises the Small Business Administration, estimates that in 2008 there were 7.2 million majority-owned, privately-held, women-owned businesses in the United States, employing 7.3 million people and generating $1.1 trillion in sales. Here are some organizations and resources that help women-owned businesses succeed.

The Gift Of Receiving
Every family has one. That one person who shoulders all the family burdens, keeps the family secrets and cleans up the family messes. The one who is everyone’s sounding board and shoulder to cry on. The one who remembers all the holidays, birthdays and anniversaries. The one around whom the family always gathers. In my family, it’s my grandma. She has been the rock in my family for as long as anyone can remember.

Colonel Harland Sanders
Mazon Associates, Inc.'s featured entrepreneur of the month for July 2010's Building Bridges newsletter. Mazon is a family-owned factoring business in Irving, Texas (DFW Metroplex), which has been in business for over 30 years assisting businesses to finance their new and existing businesses by daily funding of our clients' business-to-business invoices.

Work At Home Moms: Turning Hobbies Into Cash
There are over 10 million women owned home-based businesses in the United States. Many of them are small niche sites owned by work at home moms. Women are utilizing the internet to turn their small hobbies into big cash.

Top Traits of Women Entrepreneurs
The growth of women's entrepreneurship in the last few decades has been extraordinary. According to the Small Business Administration, women-owned businesses accounted for a mere 4.5 percent of all businesses in 1977. In 2008, more than 40 percent of all businesses are 51 percent women-owned. However, only 3 percent of these companies gross more than a million in annual revenue. The Center for Women's Business Research studied this elite group (those businesses grossing over a million in annual revenue) and determined some key characteristics that were common in all of the companies.

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