Facts & Figures


Taking a Risk



Taking a Risk

From: sba.gov Entrepreneurs know that every small business starts with taking a risk. We have an idea for a product or service, but even the best ideas require a leap of faith. Whether it is our money or time or the security of working for someone else, we put ourselves on the line when we pursue […]

​Are salespeople about to become extinct?



​Are salespeople about to become extinct?

From: bizjournals.com Image credits: GETTY IMAGES (ID-WORK) I was one of the first people in the United States to own a Blackberry. I’ll never forget the first conversation I had with the Blackberry salesperson. He said, “Lee, get this… Email on the go! People will be able to send you a message and you will be […]

What You Need To Know if You Are a Women Owned Small Business



What You Need To Know if You Are a Women Owned Small Business

From: www.sba.gov Image credits: Eligibility Requirements To qualify as a women-owned small business (WOSB), a business must meet the following requirements identified in 13 CFR 127.200, 201, and 202: Meet the small business size standard for the primary NAICS code and contract Be at least 51% unconditionally and directly owned by women who are U.S. citizens […]

How to help yourself and your employees achieve financial success



How to help yourself and your employees achieve financial success

From: bizjournals.com Image credits: GETTY IMAGES (SPXCHROME) As entrepreneurs, we’re often focused on turning our ideas into success for ourselves. But how often do we strive to make our employees wealthy as well? Effective entrepreneurs combine their vision for financial success with employees, too. One way we achieve this is by opening our books as a teaching […]

You can’t compete if you don’t know your true core businesses



You can’t compete if you don’t know your true core businesses

From: bizjournals.com Image credits: ISTOCK (YAGI-STUDIO) The success of any company depends on the recognition by the CEO – as well as all the company’s employees – of the company’s core businesses, those areas that are critical to its success. Many CEOs describe their company as being in one core business – most often delivering a […]

6 simple ways to make every project successful



6 simple ways to make every project successful

From: bizjournals.com Image credits: GETTY IMAGES (YURI_ARCURS) Running a software development company for more than two decades has given me a lot of insight into making projects work. Clients should expect fast, accurate and nearly immediate benefits from development projects that used to take months or even years to yield results. The strategies we’ve adapted to […]

Boston startup raises $10M for retail software that predicts inventory needs



Boston startup raises $10M for retail software that predicts inventory needs

From: bizjournals.com/boston Image credits: SCREENSHOT OF CELECT’S WEBSITE Boston-based Celect has raised $10 million for its software that lets retailers purchase and deploy their inventory more efficiently by predicting what customers will be most interested in buying. The Series B funding was led by Connecticut’s Activant Capital, with participation from Fund Capital and August Capital, both […]

5 tips for smooth ownership transitions for family businesses



5 tips for smooth ownership transitions for family businesses

From: bizjournals.com/boston Image credits: GETTY IMAGES (ILBUSCA) Building and maintaining a successful family business over multiple generations can pose significant challenges for families. As families expand and businesses grow and prosper, it can become complicated to ensure everyone has a role they are suited for and that promotes ongoing business and personal fulfillment. While it is inevitable […]

4 ways to prepare for the new workplace



4 ways to prepare for the new workplace

From: bizjournals.com/boston/ Image credits: ISTOCK (HONGLOUWAWA) We read articles and watch videos all the time about the future of work. Design trends point toward a more collaborative working environment that supports creativity, self-expression, and a focus on meeting the needs and wants of today’s consumer. Many of us might also envision hoverboards and “Minority Report”-style transparent screens […]