Small businesses say inflation is cutting into profits: New survey

If you’re a small business owner, you’ve probably had a tumultuous past few years. For businesses that experienced the worst of the Covid-19 pandemic shutdown and supply chain issues, the economic recovery has brought back customers willing to spend. But recently, business owners have had to contend with record inflation, which is driving up the … Read more

The millennial business owner says that every entrepreneur should get away with just that

For young people, entrepreneurship is the new 9-to-5, with 60% of teenagers saying they want to start their own business instead of working a traditional job. However, with the uncertainty facing business owners over the past two years, it may be helpful for Gen Z to learn from professionals who have thrived during — and … Read more

“I only work 3.5 days a week”

In 2017, after I graduated from college, I started working as an engineer in an oil company. I was 23 and making $98,500 a year. At first I thought I had my dream job. But after seeing senior executives working 60-hour weeks with routine travel, I realized that wasn’t the lifestyle I wanted. My father … Read more

4 ways a growing business can grow even faster

The feeling of running a thriving business is amazing. When you’re in the right market, with the right timing and a good dose of traction, you’re unstoppable. Even when your business is in this enviable position, however, its continued success depends on your ability to focus your time and capital in the right places. 4 … Read more

Meet the Lancaster County entrepreneur known as “Mr. Ice Cream Kid’

Most students learn about business in the classroom, but it’s safe to say that a young entrepreneur in Lancaster County is learning the cold, hard facts on the job. Like most businesses, Bennett Dufrene’s has grown over the years. So did he – he was only 9 when he started selling ice cream. Now the … Read more

“4 Businesses You Can Start for $99 or Less”

In 2014, I graduated college with a tidal wave of medical school rejections. In search of a new career plan, I spent the next few years making money any way I could—modeling, tutoring, and even working as a real estate agent. But in 2018, I started posting personal finance videos on YouTube. It wasn’t a … Read more

In a tough investment market, entrepreneurs need to understand the differences between private equity and venture capital

A team of entrepreneur founders debating whether to pursue private equity or venture capital … [+] investments. Getty For many entrepreneurs, when raising capital to fuel company growth, they almost always turn to venture capitalists. Very few entrepreneurs really understand private equity as a form of investing in the early stages of company growth. They … Read more

How to run a business with your siblings

Family businesses can be serious organizations. Some of the biggest and best companies in the world are owned by families, including Walmart, Volkswagen and Berkshire Hathaway. Business owners looking to build a team they trust don’t have to look far, and enlisting the help of partners, parents, children and siblings can make all the difference. … Read more

How loneliness can cost you business success and what to do

If you want to go fast, go alone. If you want to go far, go together. This saying sums up the conundrum many entrepreneurs face. But working long hours and doing whatever it takes to make your business successful isn’t always conducive to spending time with other people. However, human connection has tangible benefits and … Read more

Entrepreneurs share the most important traits for a business coach

Many entrepreneurs attribute at least part of their success to having a great business coach. Someone who asks difficult questions and can provide their experience and network when needed. But finding a business coach is not easy. Your business and personal life are closely intertwined. To find a productive relationship, you need to consider many … Read more