In case you missed it this has been National Small Business Week, and I’ve been celebrating on Twitter. Every day this week I’ve Tweeted ways to celebrate small business — both yours as well as others in your community.
It seems like we’re at a fork in the road. On the one hand, there are some positive signs that the economy has recovered from the downturn of 2008. At the same time, the unemployment rate and housing market can’t seem to manage more than a limp, Europe’s sovereign debt crisis is still headline news and banks continue to behave badly. It’s precisely because we’re at this inflection point that we see a lot of business owners hitting the eject button. If you’ve been thinking of selling your business, here are seven reasons to get out now.
I guess it should come as no surprise that in over two years of business blogging for the New York Times my most popular post had almost nothing to do with small business.
I recently ran across a YouTube video called The Secret Powers of Time. Behind the clever animation is the voice of Philip Zimbardo, a social psychology professor at Stanford who explains that how we view time — our orientation within six human time zones — affects every aspect of our lives. Our perspective on time influences who we are, how we view relationships and how we act in the world.
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the future.